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Message: Re: Another teaser
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Feb 01, 2023 12:40AM

The chart is exactly at the middle BB, it would be optimal if it would bounce back here to perform another leg up, that would be healthy and bullish.

The SP bounced off yesterday already once, but was suppressed down onto the BB in the evening again. So, we are still sitting at the BB.

This teaser was exactly the right thing that was needed to turn the chart bullish again. MFI, RSI and MACD could turn again based on the teaser and following news, providing sufficient buying / holding power to get the chart to a new level beyond the recent highs.

Its down to the traders and shareholders I guess, but we got what we needed and I would say, it was just right on time from Suresh as promised (no NR yet) but a very delicious appetizer in the last night of January.

 

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