Rounded bottom breakout and a pull back
Rounded bottom. Broke out and pull back. New entry point on 15 June
BONA breaking out of the bull flag with and engulfing bar.
Details on the chart.
RSI bounced off the 50 line. Ready for an up move. SL@84.50
Prices at a strong support line, which was tested and held. RSI is moving higher and is a good candidate for a long position.
RSI has broken the resistance line. Prices are near the cloud, which should act as support and hopefully enough to push them higher.
DOV has passed the Ichimoku cloud resistance(green line) and the next station looks like $78.50
Made a Bullish Engulfing bar today. If prices are able close above the cloud resistance line, should be setup for a few days of up move. RSI looks good.
CLF, holding the 20 SMA and closing above the cloud, will be a good thing.
