Trend Reversal
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Here we can see Bullish Harami Pattern created in PVR Ltd, Stock was oversold according to RSI, now slowly moving up. I think it has made it's desirable bottom and looks good for long term, still we need to confirmation, high volume on green candle clearly shows the Bulls are getting all over the Bears, entering into trade with conformation will give investors huge returns.
Here we can see Bullish Harami Pattern created in PVR Ltd, Stock was oversold according to RSI, now slowly moving up. I think it has made it's desirable bottom and looks good for long term, still we need to confirmation, high volume on green candle clearly shows the Bulls are getting all over the Bears, entering into trade with conformation will give investors huge returns.
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