Fertiglobe is showing early signs of reversal, it was in a strong downtrend I didnt see any big buyers for this stock but last week we saw good volumes and its looking positive on the charts too. I think very soon it will try to retest 3.00 not to forget its a strong supply area as previously it will trying to break through but it get heavily rejected and made a...
We are seeing some buying pressure right from a important support area for now, but this can be a short recovery too. But still we can take advantage of this correction phase to make some quick profits. Watch out strong resistance around 3.40 zone so plan your entries accordingly. Overall stocks are under pressure and now showing some signs of recovery.
Hit like...
Trend
Fertiglobe is looking so nice at current levels I feeling like jumping in right away. Its been trending up however its about to break 200ema yet. For now its above 20,50,100 most likey we will see it breaking the resistance and close above 200ema very soon to establish a uptrend.
Plan
I think any bounce from the support area should be considered buying...
Its at a very good level, Fertiglobe is going through a reversal and its at a crucial support area. I think its ready for fly from here. catch this trend my friend!!!
hit like & follow guys ;)
