Hexagon analysis on daily and monthly timeframe
Long positions can be taken due to:
- Stock is above 200 periods moving average
- Inverse head and shoulder broken and in play
- Broadening wedge on monthly broken. Which is a very strong indication to take a long position
Long term target around between 825 and 850 remains in place
- Stock is above 200 periods moving average
- Inverse head and shoulder broken and in play
- Broadening wedge on monthly broken. Which is a very strong indication to take a long position
Long term target around between 825 and 850 remains in place
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