HawkishDove

APLAPOLLO Near BO, 21/50 EMA cross near as well [DAILY]

HawkishDove Updated   
NSE:APLAPOLLO   APL APOLLO TUBES
APLAPOLLO is near BO, 21/50 EMA cross is also about to happen.
To add more things to it, for the past 4 weeks its relative performance is on an upwards slope when considering 750 stock universe.
Its RS score is still 32 so not much strong yet, so tread with caution.
Comment:
BO has happened yesterday and cross has also moved in the expected direction. Weak market breadth is a concern with low RS score, lets see how this market correction (if it is) re rates the RS score for this.
Comment:
And we see selloff... It tried holding itself up, but i guess the sell off epidemic has hit here as well...

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