Technical analysis by FarhadAzi about Stock فولاد: Buy recommendation (21 hour ago)

Logarithmic daily chart analysis with functional adjustment Due to the fact that the corrective wave from October 21 to November 3 in the daily chart did not cause a corrective wave in the weekly chart, therefore wave 3 has spread in the daily chart and we are currently at the beginning of microwave 3 of wave 3, and the sum of the size of microwave 3 to the end of microwave 5 must be at least the size of microwave 1, that is, at least the end of wave 3 must be higher than 3500, which in my opinion reached at least 3800 considering other conditions! RSI gave an entry signal earlier and MACD is also creating a cross, which is very likely to issue an entry signal with a buy queue next Saturday! It is written only for the exchange of opinions and should not be used as a basis for buying or selling! Your baskets are profitable Saturday, November 8, 1404