hindoil explorer looks bullish in medium term

Actualizado
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. imagen

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

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

imagen
breakoutBullish PatternsDouble BottomDouble Top or BottomretestingTrend Analysisuptrend

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