BDB trade ideas
A Divergence Signal!RSI and OBV indicate a divergence signal due to price uptrend movement. The price candlestick also shows the same divergence signal with volume above the MA20 line.
The MACD indicator is still in a negative pattern without showing a divergence signal.
Precaution where the divergence signal is still at an early stage. Therefore, beware of the trade risk.
Let's save BDB in WL and watch out for significant price movement with volume supporting the price uptrend momentum.
R 0.600
S 0.470
BINA DARLUAMAN BHD OUTLOOK (30/03/2022)BINA DARLUAMAN BHD
After an downwards trend movement this counter is all set to make an upside movement in coming days. counter was showing slow downwards from last week and now is ready to have some correction and some bounce is expected.
The current trending point is 0.660.
Support:-0.665,0.595.
Resistance:- 0.720, 0.780.
The Relative strength index (RSI) is at 55.95
Ascending triangle (high Probability to Breakout Resistance)BDB is under Property Sector and this sector Just changing is cycle from down trend to up trend,
Structure of the market is uptrend and has created ascending triangle pattern
Last open is 0.555 and close bulls at 0.580 with marubozu candlestick
price close above 21 MA, above 50 MA and 100 MA at accumulation phase
