Technical analysis by majidi8130 about Stock آباد: Buy recommendation (11/30/2023)

majidi8130

Hello To all Gol friends In the final moments of the market, the symbol changed from the shooting star candle to the doji candle with a long shadow. The formation of this candle was an excellent sign for the rise on Saturday, because the closing price of the share is higher than the midpoint of the candle, and this itself was a bullish signal. At the same time, the stock is forming an ascending twin bottom pattern, which, if it stabilizes above the neckline of 7600 Tomans, was its first target, which probably reached this number very soon. The breaking of the downward trend line and the observation of a positive hidden divergence indicate that the share of the upward trend is ahead at least in the short term... At the moment, single share with Abad Friends, please trade with your own strategy. I hope my analysis will not be used as a basis for anyone's buying and selling May you all achieve great profits