A beautiful Double Bottom
VIP Industries CMP 468 - Investors T1 700
this chart is absolutely loaded with technical buy signals.
Fib - it is at fib ext support as well as Fib confluence support at 453
Elliott- the C leg of the zig zag corrective pattern is complete.
Directional Signal- Double bottom is asking you to buy.
Volume- lesser volume on the second bottom is telling sellers have dried.
RSI and Composite- both have a +ve divergence , indicating reversal.
this chart is absolutely loaded with technical buy signals.
Fib - it is at fib ext support as well as Fib confluence support at 453
Elliott- the C leg of the zig zag corrective pattern is complete.
Directional Signal- Double bottom is asking you to buy.
Volume- lesser volume on the second bottom is telling sellers have dried.
RSI and Composite- both have a +ve divergence , indicating reversal.
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.