+ Uptrend and Bullish. EMA20 > EMA50 > EMA 200 and sloping up.
+ FiFT remain +ve. Small spike but below average (Bull Force Remain in Control. )
+ ATOM signalled Buy
+ Fast Turtle Buy bouncing off from, Resistance turned support 220-225 area, Fibo Retracement 0.382 and EMA10
- the only concern is relatively small volume is pushing the price. Spike in FiFT is below average. Bounce might not be strong enough.
Accumulate buy, reason:-
+ Rounding Bottom pattern completed. Breakout and Retest 220-225. This support seems pretty strong. (-4% from entry price)
+ TP based on Rounding Bottom Fibo Projection is 250 and 280. Giving attractive Risk Reward Ratio 2 and 4 respectively. (+10% and +20% from entry price)
+ FiFT remain +ve. Small spike but below average (Bull Force Remain in Control. )
+ ATOM signalled Buy
+ Fast Turtle Buy bouncing off from, Resistance turned support 220-225 area, Fibo Retracement 0.382 and EMA10
- the only concern is relatively small volume is pushing the price. Spike in FiFT is below average. Bounce might not be strong enough.
Accumulate buy, reason:-
+ Rounding Bottom pattern completed. Breakout and Retest 220-225. This support seems pretty strong. (-4% from entry price)
+ TP based on Rounding Bottom Fibo Projection is 250 and 280. Giving attractive Risk Reward Ratio 2 and 4 respectively. (+10% and +20% from entry price)
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