CBRE is on a clear uptrend with high momentum Price formed a bullish pinbar with higher volume than average Price bounced of the 20 EMA which has shown strong support over the last 3 months I believe the price will continue up for some time, hence we can buy now SL below the pinbar
Up on all time frames. THree months trend line has been reset with new highs created. Looking to go long at weekly Demand zones confluence with trend lines and monthly demand zones
CBRE is approaching our first resistance at 44.05 (horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our first support at 41.58 (horizontal pullback support, 38.2% Fiboancci retracement, 100% fibonacci extension). Stochastic (34,5,3) is also approaching our...
CBRE CBRE shows a possible bullish divergence in its daily chart. Prices moved to a new low but MACD didn't. Once MACD ticks up and completes with a shallower bar this is a buy signal. There were some false signals before so setting tight stops can help. A new bullish divergence can happen after some false. Note: Because weekly points down this is only a...
In the next 5 to 10 day, the price will probably move to the resistance at 50.00. The price is starting an up move after bouncing of a support line and a new up trend line is forming. The volume on 16th and 17th august show sign of accumulation