alkali metals looks bullish in medium to long term

Aktualisiert
Round bottom is formed here in weekly time frame, confirmed by breakout with good volume, recently price retested the breakout level and reversed to resume its uptrend.

also hidden bullish divergence seen in weekly Snapshot

sl - 61, tgt - 100-110 range
Trade ist aktiv
revised the sl to 54
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price near trend line support , reversal is likely, Snapshot
Anmerkung
ew analysis suggests it is in the last leg of correction Snapshot
Trade ist aktiv
price reversed and moved up as expected, indicating the completion of wave C. Snapshot
Anmerkung
our initial tgt of 100-110 already achieved here, so it gave around 32% profit in 26 weeks, cheers.

at cmp - 96.60, in daily, price is pushing upper BB higher and closed above previous swing high.

Snapshot
Anmerkung
updated analysis: it is bullish in long term, next tgt - 122, 255, 350.

Snapshot
Anmerkung
cmp - 74, price moving in a horizontal channel, recently it bounced from the channel support. Snapshot
breakoutBullish PatternsChart PatternsretestingroundingbottomTrend Analysis

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