For three days in a row, the stock has tried breaching 1235 but failed to do so. Good thing is that the volumes have been improving over the past three days.
The closing has been quite higher than the 8, 10 and 50-day Moving Averages.
The 14-day Positive Directional Index (DI+) is lower than the Negative Directional Index (DI-) though.
The 12-day Rate of Change is at 2.6%.
The 2-day Relative Strength Index is at 26%.
The closing candle is falling inside the Ichimoku Kinko Hyo cloud. Very important for the stock to remain above 1200 tomorrow.
Still believe that 1260 is close, maybe within this week.
The closing has been quite higher than the 8, 10 and 50-day Moving Averages.
The 14-day Positive Directional Index (DI+) is lower than the Negative Directional Index (DI-) though.
The 12-day Rate of Change is at 2.6%.
The 2-day Relative Strength Index is at 26%.
The closing candle is falling inside the Ichimoku Kinko Hyo cloud. Very important for the stock to remain above 1200 tomorrow.
Still believe that 1260 is close, maybe within this week.
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