CUB trade ideas
CITYUNION : CITY UNION BANK SHOWS a Trend Reversal.Strong MACD, StocRSI parameters, and the recent pullback show that if the trend continues for a day or two we can see the Scrip hitting the two target levels. The Parabolic SAR buy signal is yet to come, with all parameters in tandem we can see the same happening.
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CUB - 4HR chart. Breaking outAnother breakout stock in Bank?
Very good volume.
closed above 100 day high
Took strong support at 9 EMA with volume.
RSI and Stochastic good as per rules.
ATR is low.
185 to 200 looks possible.
140 to 150 and 120 levels were held always last few months.
Posting a 4 HR time frame chart to show candle and volume last 2 hours.
Very Strong.
So on Monday can expect good trend to continue. (31st August 2020)