FBR 4.17% 2.5¢ fbr ltd

Dunno about sell signals on all indicators. Everyone has their...

  1. 995 Posts.
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    Dunno about sell signals on all indicators.

    Everyone has their own strategies... although taking a complete view of all 3 indicator categories - trend, momentum and volatility... it's not hard to find bullish signs.
    - ADX < 20 the down trend has weakened.
    - Stoch RSI at 33 is getting towards oversold territory for momentum.
    - And at the bottom band of a Bollinger, volatility is primed...
    That's a trifecta for bullish reversal... if coupled with a solid risk mgmt strategy.

    FBR.png

    Although to satisfy the non believers too.... given the expectation of news coming up... it'd be pretty stupid to play the TA at this point in time.
    Last edited by gamblore: 04/05/19
 
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