alkali metals looks bullish in medium to long term

Round bottom is formed here in weekly time frame, confirmed by breakout with good volume, recently price retested the breakout level and reversed to resume its uptrend.

also hidden bullish divergence seen in weekly

sl - 61, tgt - 100-110 range

Giao dịch đang hoạt động:

revised the sl to 54

Giao dịch đang hoạt động:

price near trend line support , reversal is likely,

Bình luận:

ew analysis suggests it is in the last leg of correction

Giao dịch đang hoạt động:

price reversed and moved up as expected, indicating the completion of wave C.

Bình luận:

our initial tgt of 100-110 already achieved here, so it gave around 32% profit in 26 weeks, cheers.

at cmp - 96.60, in daily, price is pushing upper BB higher and closed above previous swing high.

Bình luận:

updated analysis: it is bullish in long term, next tgt - 122, 255, 350.

Bình luận:

cmp - 74, price moving in a horizontal channel, recently it bounced from the channel support.