Based on daily chart,
COMFORT
looks set for up trending.
1. It test 2.56 on 15th June and stick around for few days and did not get through, the closest one 2.58 on 18th. It is a strong support and now the price bounce up.
2. Using stoch it is confirmed on the 18th as the first day of slow stoch crossing up the fast one indicating a trend reversal.
3. Confirmed by MACD histogram which 18th is the last divergence between main line and signal.
4. All MAs are in good position where 20MA above, 50MA, and 50MA above 200MA. The last thing for a a perfect COMFORT is the price to be above 20MA. Will it happen tomorrow?
COMFORT
looks set for up trending. 1. It test 2.56 on 15th June and stick around for few days and did not get through, the closest one 2.58 on 18th. It is a strong support and now the price bounce up.
2. Using stoch it is confirmed on the 18th as the first day of slow stoch crossing up the fast one indicating a trend reversal.
3. Confirmed by MACD histogram which 18th is the last divergence between main line and signal.
4. All MAs are in good position where 20MA above, 50MA, and 50MA above 200MA. The last thing for a a perfect COMFORT is the price to be above 20MA. Will it happen tomorrow?