pharma sector should recover now.

Atualizado
cnx pharma touched the downtrend channel support and reversed. It is giving bounce back, but overall trend is down.
Nota
Another version of channel, captura
Nota
regular bullish divergence seen in daily. captura
Trade ativo
closed at 8902.05
Trade ativo
moving up as expected 9071.70
Trade ativo
till now 9140.
Trade ativo
till now 9270.
Nota
In daily, price closed above upper bb on Thursday, and bb is expanding, sign of bullishness. captura
Trade ativo
Here is the weekly followup chart captura
Trade ativo
bounced from trendline support, it should now move towards the channel resistance. captura
Trade ativo
price moving up smartly, after bouncing from trend line support. till now 9477.75.
captura
Trade fechado: objetivo atingido
price finally reached the channel resistance, cheers, captura
Nota
cmp - 8966.30, price cam down from the channel resistance took horizontal support at previous low, then started moving up,
captura

looks like long term reversal is in progress.
Nota
cmp - 8445.70, in weekly, horizontal support turned to resistance , also price unable to break 20 SMA. looks bearish
captura
bounceChart PatternsDescending ChannelsupportTrend Analysis

Aviso legal