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GSKASAR
17 de Sep. de 2017 14:21

#ONGC - Bullish RSI Divergence on Weekly Chart Largo

OIL AND NATURAL GAS CORPORATIOBSE

Descripción

ONGC has strong support near 155 zone and stock was trading in a 10 point range for the past 12 weeks. RSI is making higher highs while prices remained stable, which is classic case of bullish RSI divergence. RSI is currently 47 and stock is showing signs of breaking out of this 10 point range. RSI close above 50 will provide further momentum for this stock to go upwards.
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