HSSEB displaying a strong bullish trend
Updated
1. Price steadily moves within an upward trend framework and consistently bounces back above the MA20, it signifies a robust upward momentum in the price.
2. Relative Strength (RS) indicator portrays a positive trend, indicating that the price has performed better compared to the market index, relatively stronger performance in terms of price movement, suggesting a potential market outperformance.
3. As long as the price remains above MA20, MA50 and support level, the uptrend is expected to persist until there is a clear reversal in the trend.
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Comment
Target is achieved, consider implementing a stop-limit order to maintain current position.
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