BIMAS NEGATIVE DIVERGENCE

Updated
BIMAS is in parabolic uptrend since August. BIMAS announced not viable (imho) acquisition yesterday, There is possible double top formation and negative divergence on graph, It may give back %50 of parabolic movement . Play short game with tight SL at 93 level;.

Note
Because of duplicate publishing will continue from following idea. All set up same just double published.
BIMAS
FibonacciOscillatorsTrend Analysis

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