jsw energy looks bullish in short term to medium term

Aktualisiert
in weekly, there was a BB squeeze, then price closed above upper BB with big volume and BB is expanding.

price can move up to touch next resistance.

sl - 59, tgt - 86
Anmerkung
price at channel support, so bounce back is likely, but there is an overhead trend line resistance to watch for. Lets see.
Anmerkung
Snapshot
Trade ist aktiv
In weekly, hammer formed at channel support, bounce back is likely
Anmerkung
Snapshot
Trade ist aktiv
after hammer formation price bounced from the channel support quite smartly, now going to touch the channel resistance . Snapshot
Anmerkung
Also price broke the weekly trend line resistance with high volume. Snapshot
Trade ist aktiv
BB expanding and candles are riding the upper BB Snapshot
Trade geschlossen: Ziel wurde erreicht
tgt of 86, is achieved here, Snapshot
Anmerkung
total 20% gain in 3 months, cheers.
bollingerbandstrategyBullish PatternshighvolumeTrend Analysis

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