Hidden RSI Divergence in AMARAJABAT for Target of 877+

12 בנוב׳ 2020

We can see the price making a higher low, whereas at the same time the RSI is making a lower low. This is a bullish continuation pattern where the divergence indicates the end of a temporary retracement in an overall uptrend. This could be a great moment to buy AMARAJABAT for an immediate target of 852 and next to 877+.

Possible Trade:
Buy AMARAJABAT above 835
Stop loss - 825
Target 852 877+