HUL - 7th Sep

Highest closing since 6th Aug, backed with good volumes. Eventhough the price rise hasn't been spectacular in any way, the closing candle is now above the Ichimoku Kinko Hyo cloud. Very significant movement.

The closing continues to be above the 8, 10 and 50-day Moving Averages for the second day in a row.

12-day Rate of Change is stronger at 6.8%.

The 3, 10-day Moving Average Convergence Divergence is at 4.8.

However, the 2-day RSI index is at 99.7%. If the stock can remain above 270 for another one or two days, then 299 is there for the taking.

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