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VNindex confirms the uptrend with the BBMA indicator

Long
Vietnam Index (HOSE_DLY:VNINDEX)  
marketreaderz  
HOSE_DLY:VNINDEX   Vietnam Index
Support and Resistance Double Top or Bottom Moving Averages
2
0
supportandresistance doubletoporbottom movingaverage
BBMA just experienced a weak double top pattern, because the measuring force started from the unbroken candlestick.

VNindex has crossed up the upper band of the Moving Average, showing that the uptrend has begun. Target at points:
- SMA20 of Bollinger Bands (1164),
- MA50 (1195),
- Or Upper Band of Bollinger Bands (1237)
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