Failed to break out
As i mentioned in my last idea about salama that this is the third time it is trying to breakout and hopefully it will, it did give a breakout today but it failed and dropped down. Today market was down over all but salama maintained the gains till noon and later it gave away almost all the gains but closed in green with a big inverted hammer. Investors booked profits and immense selling pressure continued and it could not close above 0.520. Any how it have given a close above the neckline so there is a good chance for it to make a upward move tomorrow again. Bullish!
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