HMBS - NOW Bullish after 1½ year bearish and ½ year sideways mov
Studying HMBS the price has foundt 3x support in 239 and rejected lower breakthrough.
This level is historically the June 2014 historic resistance.
MACD bottom is showing increasing trend from jan 2016 to jan 2017.
Risk reward 1:5.3
I expect a bullish long trend is developing.
Anyone that support/rejects my analysis??
This level is historically the June 2014 historic resistance.
MACD bottom is showing increasing trend from jan 2016 to jan 2017.
Risk reward 1:5.3
I expect a bullish long trend is developing.
Anyone that support/rejects my analysis??
