hindoil explorer looks bullish in medium term

Telah dikemas kini
double bottom formed after a long downtrend,
price broke the neckline and pattern got confirmed,
and then price retested the broken neck line and reversed

also hidden bullish divergence is seen in weekly. syot kilat

sl - 65 pattern tgt - 108
Dagangan aktif
going good, till now 81.4
Dagangan aktif
moving up as expected till now 98.10
Nota
In weekly, BB is expanding and candles are riding the upper BB with good volume, syot kilat
Dagangan aktif
double bottom pattern tgt of 108 is already achieved here.

syot kilat
Nota
round bottom forming here, watch for breakout, once breakout is done and pattern is confirmed much higher levels waiting for us in hindoilexp.

syot kilat
breakoutBullish PatternsDouble BottomDouble Top or BottomretestingTrend Analysisuptrend

Penafian