REFEX - Possible BO
Looking at the charts, REFEX seems to be breaking out past 9 months trendline.
If sustained - we should be seeing 160 levels very soon.
2022-07-26 - Price -116.35 - Today price crossed WK Piv Downside. Out of Squeeze & candlestick formation: Marubozu. close is above 20 -SMA on Daily time frame & below on W/M time frames.
2022-07-28 - Price crossed Cross WK Piv Upside, On Daily time frame SMA-13 Crossed SMA-55 upside. Also Normal NR7
2022-08-01 - Volume is 3-M - High. ADX >26 and DI+ >37. Close Crossing 4 week High, close is above SMA-20 on D/W/M time frame.The trend changed to +ve on M & W time frames.
2022-08-04: Price :130.15 ADX>31, RSI- Monthly :57.7 WeeKly:57.9 Daily:72.3. High on momentum.
Add to watchlist.
If sustained - we should be seeing 160 levels very soon.
2022-07-26 - Price -116.35 - Today price crossed WK Piv Downside. Out of Squeeze & candlestick formation: Marubozu. close is above 20 -SMA on Daily time frame & below on W/M time frames.
2022-07-28 - Price crossed Cross WK Piv Upside, On Daily time frame SMA-13 Crossed SMA-55 upside. Also Normal NR7
2022-08-01 - Volume is 3-M - High. ADX >26 and DI+ >37. Close Crossing 4 week High, close is above SMA-20 on D/W/M time frame.The trend changed to +ve on M & W time frames.
2022-08-04: Price :130.15 ADX>31, RSI- Monthly :57.7 WeeKly:57.9 Daily:72.3. High on momentum.
Add to watchlist.
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