Bahvest
BAHVEST - Testing Formidable ResistanceBAHVEST
Trend: Semi-bull
Rst: 0.585
Spp: 0.55
MA200 is strong hurdle for the stock to move ahead, but the formation of green candle above upper BB and surging indicators likely to generate the stock continued trading interest.
BAHVEST BULLISH(FLAG SPOTTED)1. EXPLANATION SAME AS PREVIOUS ANALYSIS
2. FLAG SPOTTED
3. BULLISH DIVERGENCE
BAHVEST RE-BOUNCE??( WAIT AT FIBO LINE )1. VOLUME IS INCREASE
2. BASE ON FIBO RETRACE, CERTAIN RATIO 68, 32 IS EXPECTING TO RE-BOUNCE
3. MONITOR CLOSELY EVEN THE TREND STILL SIDEWAY
4. MACD ALSO GOOD INDICATOR IF THE TREND SUDDENLY CHANGE BECOME STRONG BULLISH
Bahvest buy in dip-Wait for pull back to retest uptrend line
-monitor price action closely in critical zone and wait for more bullish evidence to take long
-healthy volume release
Day - Bullish pullback
BAHVEST - Jumping Deeper Into The Red SeaLaburlah's Daily Complimentary (05-APR, Thursday):
BAHVEST
Technical Analysis Breakdown
1. Trend: Bearish/ support violated
2. RSI & Stochastic: Bearish
3. MACD: Bearish
4. Bollinger band: Widening
5. Selling pressure: Intensifying
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
