Slowly turning around!!
Fib - this is the first pull back after a good rise from the bottom. The correction has halted at 38.2% of the swing. This is an indication of strength.
RSI - We have a positive divergence in both the oscillators, indicating reversal. The bull candles post that is a confirmation of strength.
MA- the conjugation of the three MA's is a quick Gann Point. So on an hourly close above 1096 this stock is a buy. Coz it will take direction from here.
Conclusion - looks a good buy to me, buy above 1096 T1-1800
RSI - We have a positive divergence in both the oscillators, indicating reversal. The bull candles post that is a confirmation of strength.
MA- the conjugation of the three MA's is a quick Gann Point. So on an hourly close above 1096 this stock is a buy. Coz it will take direction from here.
Conclusion - looks a good buy to me, buy above 1096 T1-1800
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.