Bank of New York Mel Daily (26.05.2014) Chart Technical Analysis
The Bank of New Your Mellon Corp (BK) daily chart shows the following signs:
The Price of BK made a Long movement with green candlesticks the last two weeks over the Tenkan Sen and gave a bullish signal getting over the KUMO. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200. In near past it has made a cup pattern. Now the BK price is in an ascending triangle with serious indicators to get over it. (Maybe with a liitle more delay in the triangle)
I expect that the stock will continue the bullish movement until the first resistance at $35,69 (the top of cup).
The Price of BK made a Long movement with green candlesticks the last two weeks over the Tenkan Sen and gave a bullish signal getting over the KUMO. The MACD is on bullish sign and the RSI too. The Stock is over the EMA200. In near past it has made a cup pattern. Now the BK price is in an ascending triangle with serious indicators to get over it. (Maybe with a liitle more delay in the triangle)
I expect that the stock will continue the bullish movement until the first resistance at $35,69 (the top of cup).
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.