BAHVEST Trend: Semi-bull Rst: 0.585 Spp: 0.55 MA200 is strong hurdle for the stock to move ahead, but the formation of green candle above upper BB and surging indicators likely to generate the stock continued trading interest.
1. EXPLANATION SAME AS PREVIOUS ANALYSIS 2. FLAG SPOTTED 3. BULLISH DIVERGENCE
1. VOLUME IS INCREASE 2. BASE ON FIBO RETRACE, CERTAIN RATIO 68, 32 IS EXPECTING TO RE-BOUNCE 3. MONITOR CLOSELY EVEN THE TREND STILL SIDEWAY 4. MACD ALSO GOOD INDICATOR IF THE TREND SUDDENLY CHANGE BECOME STRONG BULLISH
-Wait for pull back to retest uptrend line -monitor price action closely in critical zone and wait for more bullish evidence to take long -healthy volume release Day - Bullish pullback
Laburlah's Daily Complimentary (05-APR, Thursday): BAHVEST Technical Analysis Breakdown 1. Trend: Bearish/ support violated 2. RSI & Stochastic: Bearish 3. MACD: Bearish 4. Bollinger band: Widening 5. Selling pressure: Intensifying Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own...