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TradingNomadic
Jan 11, 2021 6:41 PM
SIFY Trade alert! Bullish divergence, broken trend, retesting!
Long
NASDAQ:SIFY
15
Sify Technologies Limited - American Depository Shares, each represented by one
NASDAQ
Description
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Jan 11, 2021 6:41 PM
Could be a play to be made if we break that 618 fib and give confirmation to the reversal.
Downtrend has been broken and trading has went sideways with lowering volume .
Id keep an eye on the volume but the MACD shows bullish divergence , and the chart represents it clear.
Trend Analysis
Harmonic Patterns
Chart Patterns
Bullish Divergence
tradealert
target
Momentum Indicator (MOM)
Bullish Patterns
LONG
Comments
TradingNomadic
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Jan 11, 2021 8:47 PM
44% in an hour! Target hit, another 10% after that!
TradingNomadic
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Jan 11, 2021 6:46 PM
MACD on shorter time frame shows bullish divergence, longer time frame, and on this chart, hasnt shownit letting up yet. This chart doesnt represent that part of the idea properly.
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