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XBANK Contradiction between Price and Momentum

BIST Banks Index (BIST:XBANK)  
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BIST:XBANK   BIST Banks Index
Chart Patterns Technical Indicators Trend Analysis
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chartpattern indicator trendanalysis
XBANK closed below 1365 (EMA250D). We need to see two more closing below 1365 to say its broken. Momentum contradicts and RSI is at oversold. What does all mean? There is still good chance that XBANK will keep above 1365. And if it does we’ll talk about trade. Keep calm.

Idées en relation

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GARAN - as WT turns green, target 10.80
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XBANK EMA-250D @ 1365
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