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DrBukkabwoi
Mar 5, 2023 5:52 AM

ASI 3/5/23 

CSE All Share Price IndexCSE

Description

ASI has beautifully rejected the rising wedge and managed to close above it, while forming a inverted HNS pattern.
RSI has also broken the bearish divergence trendline and closed above it.
Next Major resistance will be at 9600, and if prices come down, 9400-9350 (trendline resistance become support) will work as a support.
Surprise rate hike of 100bps may not be as bearish as many think!
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