BIMAS is in parabolic uptrend since August. BIMAS announced not viable (imho) acquisition yesterday, There is possible double top formation and negative divergence on graph, It may give back %50 of parabolic movement . Play short game with tight SL at 93 level;.
BIMAS is in parabolic uptrend since August. BIMAS announced not viable (imho) acquisition yesterday, There is possible double top formation and negative divergence on graph, It may give back %50 of parabolic movement .I can play short game with tight SL at 93 level;.