ENTRY: 25.85 SL: 24.48 TP: 28.41 - ADX>20 - RSI>50, RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS -ve - Weekly FFI +ve - Weekly MACD +ve - MA aligned - Breakout with good volume today. Prefer a better closing.
ENTRY: 24.191 (average) SL: 22.55 TP1: 73.26 TP2: 82.99 - ADX>25 - RSI>65 - RS +ve - FFI -ve - Daily MACD +ve - MAs aligned - Breakout with good volume
ENTRY: 21.55 TP: 25.96 SL: 19.60 - ADX<25 but close. Would be better if higher. - RSI>65. - RS and FFI +ve - Daily and weekly MACD +ve - Broke out of previous high with good volume - Need to watch for earnings result tomorrow
OZL has shown an impressive rally since the end of March 2020, and I believe the trend has changed and OZL will advance further up and we may see much higher prices in the days to come. Nothing goes up in a straight line, so since price have been moving up we have not seen a decent retracement, so I believe any retracement lower could be a good Buying...
Asymmetrical triangle is currently forming on the week chart. The question is whether the price is break out or break down...