alkali metals looks bullish in medium to long term

Round bottom is formed here in weekly time frame, confirmed by breakout with good volume, recently price retested the breakout level and reversed to resume its uptrend.

also hidden bullish divergence seen in weekly

sl - 61, tgt - 100-110 range

Transaction en cours:

revised the sl to 54

Transaction en cours:

price near trend line support , reversal is likely,

Commentaire:

ew analysis suggests it is in the last leg of correction

Transaction en cours:

price reversed and moved up as expected, indicating the completion of wave C.

Commentaire:

our initial tgt of 100-110 already achieved here, so it gave around 32% profit in 26 weeks, cheers.

at cmp - 96.60, in daily, price is pushing upper BB higher and closed above previous swing high.

Commentaire:

updated analysis: it is bullish in long term, next tgt - 122, 255, 350.

Commentaire:

cmp - 74, price moving in a horizontal channel, recently it bounced from the channel support.