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ADutchTourist
Aug 19, 2020 7:52 PM

Sign of an upcoming upward trend for BAM. Long

KONINKLIJKE BAM GROEP N.V.Euronext

Description

Today BAM is dropping through its three monthly lowest price.
Taking this into account, we analyzed the technical analysis.
The RSI3M3 indicator has fallen in its oversold region and now we are waiting for the buy signal.
Given the downward trend, this could happen within 6 trading days.
In addition, the ADT - DeMarker I & DT Bressert indicator must have touched the zero line and make an upward movement towards the hundred line.
For example, we will wait until the buy signal appears as a green arrow pointing up.

Happy trading,

ADutchTourist

Trade active

Earlier than expected, BAM gave a buy signal and the ADT - DeMarker I & DT Bressert also turned to an upward trend. Time to take a position in BAM.

Happy trading,

ADutchTourist
Comments
franciscotavares2010
update please
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