RoundingBottom

#HeroMotoCo looks bullish. Momentum indicators is in bulls favor with RSIStairs at 59. ADX rising. Stock trading above all major moving averages 20/50/200 DEMA. Stock has formed a #RoundingBottom pattern and trading near the neckline 3013 above which it will breakout.

Typical text book target for the pattern comes around 3275. Good to go long with protection for a target of 3220/3118.

Trend + Momentum Score : 3 Star Bullish (Daily TF)

Comment:

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