federal mogul looks bullish in short to medium term

מעודכן
It is in long term uptrend.

In daily, it broke out of descending channel with good volume, also price closed above upper bb and bb is expanding and reversing .
תמונת-בזק

In weekly, hidden bullish divergence is seen. תמונת-בזק

also price has reversed from horizontal support zone. תמונת-בזק

with sl - 512, tgt - 640.
עסקה פעילה
it is trying to retest the breakout level, תמונת-בזק
הערה
Price is approaching the support zone again, תמונת-בזק
הערה
price is consolidating at the support zone, it can consolidate till indefinite period of time, so a lot of patience is required here. תמונת-בזק
breakoutbreakouttradingBullish PatternsChart PatternsTrend Analysistrendreversal

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