Today BAM is dropping through its three monthly lowest price. Taking this into account, we analyzed the technical analysis. The RSI3M3 indicator has fallen in its oversold region and now we are waiting for the buy signal . Given the downward trend, this could happen within 6 trading days. In addition, the ADT - DeMarker I & DT Bressert indicator must have...
BAM has moved below it support @4.2 but restored to 4.3, not very interesting at the moment. Might get intereseting when it closes above 4.4 a few bars. turbo of last week could be pulled of again if the price reaches as low (4.2)
(made specificly for our investmentgroup) BAMNB (low) range has finaly been broken. waiting for the price to drop to resistance for possible turbo. momentum is good but RSI is to high for further trend in my oppinion