finolex cable looks bullish in medium term.

Actualizado
it is in a strong uptrend in monthly time frame.
in weekly, price recently bounced from uptrend channel support and horizontal support.
Also hidden bullish divergence seen in weekly. imagen

so sl - 447, tgt1 - 551, tgt2 - 590
Operación activa
till now 508.90
Operación activa
it has to break the downtrend line to move up , imagen
Operación activa
moving up as expected till now 524.9, imagen
Operación activa
till now 530.15
Operación activa
1st target done here, closed at 550.40. imagen
Nota
bearish bat formed here in daily, and price reversed from PRZ. in.tradingview.com/x/Pd1FMssn/.

So risk averse traders may book the profits, total 11% profit.
Operación cerrada: objetivo alcanzado
both the tgts are achieved here, also price is near channel resistance, total 28% gain till now

imagen
Nota
in daily, price is approaching for a squeeze, imagen
Nota
price closed above upper BB and BB expansion happened here, imagen
Ascending ChannelBullish PatternsBullish DivergenceSupport and Resistancetrendcontinuationuptrend

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