jsw energy looks bullish in short term to medium term
Actualizado
in weekly, there was a BB squeeze, then price closed above upper BB with big volume and BB is expanding.
price can move up to touch next resistance.
sl - 59, tgt - 86
price can move up to touch next resistance.
sl - 59, tgt - 86
Nota
price at channel support, so bounce back is likely, but there is an overhead trend line resistance to watch for. Lets see.Nota
Operación activa
In weekly, hammer formed at channel support, bounce back is likelyNota
Operación activa
after hammer formation price bounced from the channel support quite smartly, now going to touch the channel resistance . Nota
Also price broke the weekly trend line resistance with high volume. Operación activa
BB expanding and candles are riding the upper BB Operación cerrada: objetivo alcanzado
tgt of 86, is achieved here, Nota
total 20% gain in 3 months, cheers.
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