federal mogul looks bullish in short to medium term

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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. снимок

also price has reversed from horizontal support zone. снимок

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

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