BECTORFOOD : Will be more tasty if sustains the momentum
Story started only from past 2 weeks after crossing 4 Weeks high on 22nd July.
2022-07-22: Crossing 4 week High, close is above 20 SMA on Daily and Weekly time frame- but below on Monthly time frame
2022-07-25: Cross WK Piv Upside increase in momentum
2022-07-28: Cross WK Piv Upside
2022-08-01: Crossing 4 week High
2022-08-02: On Daily time frame, SMA 30 cross SMA 100 - consider for Long. Volume is highest in 3Months.
2022-08-05: Today again volume is highest in 3 Months.
2022-08-08: Crossed trend line, Daily VWMA is crossing Weekly VWMA. ADX >38, DI+ > 35
If sustain the move after retest trend line - we should be seeing 390 / 440 levels in short time.
Its my own understanding - please spend time on own research.
2022-07-22: Crossing 4 week High, close is above 20 SMA on Daily and Weekly time frame- but below on Monthly time frame
2022-07-25: Cross WK Piv Upside increase in momentum
2022-07-28: Cross WK Piv Upside
2022-08-01: Crossing 4 week High
2022-08-02: On Daily time frame, SMA 30 cross SMA 100 - consider for Long. Volume is highest in 3Months.
2022-08-05: Today again volume is highest in 3 Months.
2022-08-08: Crossed trend line, Daily VWMA is crossing Weekly VWMA. ADX >38, DI+ > 35
If sustain the move after retest trend line - we should be seeing 390 / 440 levels in short time.
Its my own understanding - please spend time on own research.