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marketreaderz
Oct 11, 2023 11:03 PM

VNindex confirms the uptrend with the BBMA indicator Long

Vietnam IndexHOSE

Description

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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