jsw energy looks bullish in short term to medium term

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in weekly, there was a BB squeeze, then price closed above upper BB with big volume and BB is expanding.

price can move up to touch next resistance.

sl - 59, tgt - 86
Ghi chú
price at channel support, so bounce back is likely, but there is an overhead trend line resistance to watch for. Lets see.
Ghi chú
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In weekly, hammer formed at channel support, bounce back is likely
Ghi chú
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after hammer formation price bounced from the channel support quite smartly, now going to touch the channel resistance . ảnh chụp nhanh
Ghi chú
Also price broke the weekly trend line resistance with high volume. ảnh chụp nhanh
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BB expanding and candles are riding the upper BB ảnh chụp nhanh
Đóng lệnh: đạt mục tiêu
tgt of 86, is achieved here, ảnh chụp nhanh
Ghi chú
total 20% gain in 3 months, cheers.
bollingerbandstrategyBullish PatternshighvolumeTrend Analysis

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