LUPIN LTDLong
Lupin - Hammer at 21 EMA
Note: This is for educational purpose only.
There seems to be a pre-tested dynamic support at 21 EMA. 21 EMA above 55 EMA indicates short term uptrend. The only downside is that the slope of 21 EMA and 55 EMA is not too bullish. RSI nearing 60 indicates bullish momentum. Moreover, there seems to be a RSI trendline bullish breakout.
There seems to be a pre-tested dynamic support at 21 EMA. 21 EMA above 55 EMA indicates short term uptrend. The only downside is that the slope of 21 EMA and 55 EMA is not too bullish. RSI nearing 60 indicates bullish momentum. Moreover, there seems to be a RSI trendline bullish breakout.
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