Indian Energy Exchange (IEX) - Daily
Flag breakout - 4th wave flag/triangle seems to have ended and it is the start of the 4th wave
MACD in the daily wave and weekly tide is uptick
RSI is well above 60 in the overbought zone
Stochastic 14,3,3 is in positive crossover
+DI is above -DI and the ADX is above 15 in the Directional Movement Index (DMI)
Seems to be a decent case for going long / buying
Flag breakout - 4th wave flag/triangle seems to have ended and it is the start of the 4th wave
MACD in the daily wave and weekly tide is uptick
RSI is well above 60 in the overbought zone
Stochastic 14,3,3 is in positive crossover
+DI is above -DI and the ADX is above 15 in the Directional Movement Index (DMI)
Seems to be a decent case for going long / buying