federal mogul looks bullish in short to medium term

Aggiornato
It is in long term uptrend.

In daily, it broke out of descending channel with good volume, also price closed above upper bb and bb is expanding and reversing .
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In weekly, hidden bullish divergence is seen. istantanea

also price has reversed from horizontal support zone. istantanea

with sl - 512, tgt - 640.
Trade attivo
it is trying to retest the breakout level, istantanea
Nota
Price is approaching the support zone again, istantanea
Nota
price is consolidating at the support zone, it can consolidate till indefinite period of time, so a lot of patience is required here. istantanea
breakoutbreakouttradingBullish PatternsChart PatternsTrend Analysistrendreversal

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