BURSA_Ninja

BURSA_Ninja

TREND: Still in an Uptrend 1) Breakout trade if strong breakout from 2.28 OR 2) "Pullback before Trend Continuation" - Buy LOW opportunity if it pulls back to the channel support line before continuing upwards

BURSA_Ninja

Monitoring for downtrend breakout 1) Candlestick Look out for long candle closing with high volume. 2) Moving average 20,50,200 converging at about 3.56 for a strong support level

BURSA_Ninja

After its most recent bullish breakout, will it retrace to the 0.618 Fibonacci level? This will be the main support in case of a deep pullback.

BURSA_Ninja Updated 

After a recent strong bullish run, it has consolidated sideways & now on a down trend. If it breaks the Fibonacci support, it will continue it down trend.

BURSA_Ninja Updated 

It had a good run since mid Mar '20. Currently in a downtrend. The major support levels to provide clues on reversal / continuation.