Tide is turning around for Suzlon. We may be at bottom
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Suzlon has been in bear run for a long time now. the chart is self explanatory. Bulls are looking to enter! The reversal will happen when signal line crosses zero. Wait for it
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hourly chart shows a similar hidden bullish picture
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monthly chart corroborates our suspicion
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if price action moves up from here then fibonaci targets are marked
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9% intra day rise.......bang on target! Now we look for follow through
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Chart is still bullish with failures of bear to get a lower low. In fact we may gap up any session now. The bullish scenario gets invalidated only with a new lower low
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Stage set for gap up.lets see how it goes from here
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Each day I see people trying to short this stock and getting squeezed. From 5 it has gone to 5.5
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suzlon is now headed for an accumulation phase where price will trade in a range centered around five for some time. its a great call for medium term over many months where people can get great returns. you will get a chance to re accumulate suzlon around 5. enjoy. watch out for breakout above consolidation
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it has started i guess......we have a bullish pin bar being printed on monthly chart now
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.