CHAMBLFERT 10W/40W Cross [Weekly]

מעודכן
CHAMBLFERT 10W or 50 DMA moved ahead of 40W or 200DMA. Volumes are showing this as a positive sign for now, One can wait for the scrip to break levels of 320-330 to consider this ahead. In Watchlist for now.
הערה
Next pivot level for entry in this would be when it breaches 324 with volumes. Bottom formation looks to be likely over.
הערה
Touched the Pivot level this week, Weekly volume is higher than average. One of the top candidates for next week to pick up further with volumes.
הערה
Volumes have moved the price above the pivot, higher than average volumes, uptrend, good market conditions, all positive signals for now...
הערה
Next important level where overhead supply might kick in is ~367. One can plan to take a few profits here if looking to lighten up the position. Else some might also want to buy in if it crosses the level with volumes. Upside seems juicy here. :)
הערה
At 367 resistance right now, overhead supply should kick in here, would be good to see if it forms a small horizontal base here and then move ahead.
Still in the list, sector is on highlight as per Twitter ;)
Chart Patterns

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