ONGC - Rounding Bottom, Flag, Hidden Divergence Giá lên

BSE:ONGC1W

OIL AND NATURAL GAS CORPORATIOBSE

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⋅ 23 Th04 2017 14:48

ONGC has formed a rounding bottom with a flag.
Notice the hidden divergence.

Seems to be a good medium term buy.

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⋅ 28 Th04 2017 05:35

RSI and MACD turn around in daily charts

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⋅ 28 Th04 2017 10:18

Stock is up 4 % today

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shaqqs

⋅ 24 Th04 2017 11:06

expecting down trend of a while on this one.

eyesice

⋅ 24 Th04 2017 15:30

@shaqqs, true. Let's wait and watch

naveenkumar3000

⋅ 23 Th04 2017 15:11

Shouldnt we wait for MACD cross over to initiate a buy ? Apologies for my question in case you find it silly.. i have just started learning TA

eyesice

⋅ 23 Th04 2017 17:43

@naveenkumar3000, We should always wait for the candle to breakout from the flag. Hopefully the MACD should crossover when that happens. Set a Tight SL and hold

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