UniqueCharts

HYUNDAI with exceptional long setup

Long
KRX:005380   HYUNDAI MTR
The chart of Hyuandai presents itself very strong with a freshly activated long signal.

The Weber Trend Suite provided a perfect support line (green horizontal). Additionally the chart formed a bullish divergence to the RSI. After the first leg up, the price consolidated in a bull flag and now we see the breakout.

The conservative trade has a CRV of 3 (target old all time high).

The more aggressive trade has a CRV of 9 (!) with the old all time high as a target.

uniquecharts.io
support@uniquecharts.io
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.