Divergence In Monthly RSI ..
Reversal Pattern on CandleStick
Jan and Feb will decide if we are bullish for next year ..
Previous alltime high is broken But never had a retest
Though some times its not a mandate to have a retest taking the geopolitical issues and escallation of war in Ukrain i do have a feeling there might be something big in future
Coming...
Fundamentally very strong Multi commodity exchange printed a flag and given a very big breakout with volume that is reliable.
MCX is almost debt free.
MCX has delivered good profit growth of 20.31% CAGR over last 5 years
MCX has been maintaining a healthy dividend payout of 65.72%
Flag breakout on weekly time frame
Rsi breakout on daily and weekly charts
...
THERE IS YEARLY BREAKOUT IN ABB LTD.
LEVELS OF BREAKOUT 1420-1430
BUY LEVELS 1380-1410
MORE THAN 20% UPSIDE AFTER BREAKOUT.
THE BREAKOUT IS ON MONTHLY TIMEFRAME.
IT IS VERY STRONG BREAKOUT
