Will HAL continue upwards?
Hello Traders,
Due to the recent spike and bullish nature of oil, HAL may continue its upward move. Hidden Bullish Divergence has formed on the 1D MACD/Price Chart. Price is being rejected at the 100-EMA so long-entry consideration would be made when the candle closes above the 100-EMA.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
Due to the recent spike and bullish nature of oil, HAL may continue its upward move. Hidden Bullish Divergence has formed on the 1D MACD/Price Chart. Price is being rejected at the 100-EMA so long-entry consideration would be made when the candle closes above the 100-EMA.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
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