BANK DOING A GREAT MOVEMENT Currently, we can see a nice market structure of BANK after a correction along 7 months.
as we can see, there is a potential reversing pattern "Falling Wedge" and also followed by "Double Bottom".
If its breakout with huge volume it would be a great chance for BANK to continuing of its bullish trend.
Overall BANK is still on Bullish outlook.
Note for All Traders :
It doesn't matter whether correct or not your analysis are.
Doing analysis makes you brave and confident to yourself "HOW " and " WHY" you entry the market.
BANK trade ideas
BANKIDX:BANK
IDX Small Bank stocks soar pretty well today. I found that BANK chart is quite interesting.
Closed with DOJI, with cross-over stochastic both daily and intraday chart.
There was high volume spike at 2800. VWAP from latest swing high is around 2600-ish.
On intraday chart, VWAP from latest swing low is around 2540, and VPVR indicate POC around 2490 (today closing price).
Personally, I'll go long for this stock.