Fertiglobe
Let it climb UPFertiglobe is showing early signs of reversal, it was in a strong downtrend I didnt see any big buyers for this stock but last week we saw good volumes and its looking positive on the charts too. I think very soon it will try to retest 3.00 not to forget its a strong supply area as previously it will trying to break through but it get heavily rejected and made a new low.
So lets see this time if it will be a success. Over all trend is down but we can plan for quick entries and exits.
Hit like & follow guys ;)
Good Move We are seeing some buying pressure right from a important support area for now, but this can be a short recovery too. But still we can take advantage of this correction phase to make some quick profits. Watch out strong resistance around 3.40 zone so plan your entries accordingly. Overall stocks are under pressure and now showing some signs of recovery.
Hit like & follow guys ;)
Looking so YUMMYTrend
Fertiglobe is looking so nice at current levels I feeling like jumping in right away. Its been trending up however its about to break 200ema yet. For now its above 20,50,100 most likey we will see it breaking the resistance and close above 200ema very soon to establish a uptrend.
Plan
I think any bounce from the support area should be considered buying opportunity. However we will see the volumes and the candles forming into the support area.
Hit like & follow guys ;)
Very DeepFertiglobe after announcing its financial results witnessed crazy selling pressure for now its at a make or break point. Coming week if it goes below current level then there are chances it will retest the support line of the channel. For now its looking very weak!!
Hit like & follow guys ;)