BIMAS
In this analysis, I have used exponential moving averages, parabolic sar and RSI
- We are at the descending triangle zone for BIMAS, therefore we need a downtrend break confirmation for seeing higher prices.
- Parabolic sar didn't confirm any rise at the prices.
- We should be above 20 days ema.
- There is no breakout regarding RSI.
ADVISE : NO CONFIRMATION FOR BUYING THIS STOCK.
WAIT FOR MY NEXT PUBLISH.
In this analysis, I have used exponential moving averages, parabolic sar and RSI
- We are at the descending triangle zone for BIMAS, therefore we need a downtrend break confirmation for seeing higher prices.
- Parabolic sar didn't confirm any rise at the prices.
- We should be above 20 days ema.
- There is no breakout regarding RSI.
ADVISE : NO CONFIRMATION FOR BUYING THIS STOCK.
WAIT FOR MY NEXT PUBLISH.
Comment:
Between the prices of 61.0-62.0, BIMAS has been bought. In the short term, our expectation for BIMAS to increase to 67.0 - 68.0. Another 25% will be bought if this price is broken.
Comment:
Support confirmed. CONTINUE TO HOLD %25
Comment:
Downtrend break has been completed. We are on the rising wedge zone.
Bingo!!
Bingo!!