SAMCHEM is it Ready for Departure this third time around?
Station 1.06 gonna could be a tough call! However with the in-coming results...will it make the difference?
Disclaimer: The chart shared here, attracts the writer's attention. It is author's view...and there is no guarantee on the movement of the asset price in the future. Any investment decision you...
Our BMS technical chart detected Signal 2 bullish signal and we see potential to revisit near term resistance TP at 0.930. Immediate support at 0.780.
Once breakout XMA3 at 0.840 and with support of volume price will move higher.
Bull trend is on going, each reversal also can be rebound at MA20.
0.92 is the entry point with high volume.
Resistance line 1 & 2 is respectively 0.975 and 1.03, taking profit will be observed if it could break out resistance lines.
MACD and Stochastic also appeared "golden cross"...
One of my few favourite stocks forming rounding bottom with Cup & Handle. Projected to breach ATH resistance at 1.530.
Support at 1.455.
Disclaimer: Trade at your own risk.
