finolex cable looks bullish in medium term.
it is in a strong uptrend in monthly time frame.
in weekly, price recently bounced from uptrend channel support and horizontal support.
Also hidden bullish divergence seen in weekly.
so sl - 447, tgt1 - 551, tgt2 - 590
in weekly, price recently bounced from uptrend channel support and horizontal support.
Also hidden bullish divergence seen in weekly.
so sl - 447, tgt1 - 551, tgt2 - 590
交易進行:
till now 508.90
交易進行:
it has to break the downtrend line to move up ,
交易進行:
moving up as expected till now 524.9,
交易進行:
till now 530.15
交易進行:
1st target done here, closed at 550.40.
交易結束：目標達成:
both the tgts are achieved here, also price is near channel resistance, total 28% gain till now
評論:
in daily, price is approaching for a squeeze,
評論:
price closed above upper BB and BB expansion happened here,
So risk averse traders may book the profits, total 11% profit.