COLPAL has been consolidating since a long time in narrow range even during this war time it has not reacted much
Now 200 MA on weekly time frame have approached the price and is taking support at same support
historically it has always taken support if 200 MA on weekly and reacted to it
Also RSI is showing strength and crossed above 40 in weekly
Probably a long trade due to confluence
Now 200 MA on weekly time frame have approached the price and is taking support at same support
historically it has always taken support if 200 MA on weekly and reacted to it
Also RSI is showing strength and crossed above 40 in weekly
Probably a long trade due to confluence