BHC rebounding

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Stock has been long downtrend and trading in side-ways parelall channel. Volume has been increasing lately there have been heavy buying from insiders and institutions. Longer the price stay close to 200 sma during the accumilation phase the better move we get. On daily tf price has broke above 200 ema on increasing volumes. Moving averages curving upside 9,21,50. MACD turned positive and above 0 line, RSI above 70 shows strong momentum. If u draw a trenline from April 24 highs to Nov 24 highs that extened trendline has been broken on daily tf with strong green candle on high volume. Any dip on this stock can be bought. The real move is about to come soon.

Penafian

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