Bpem break out
The RSI shows how much the stock has been oversold. The title in the last few day showed strength and i think that, if it breaks the 5.21 level, it could have the necessary push to have a fast hike, until 6 euro. Pay attention, the banking sector is very volatile in Italy now, not like American's titles maybe, but it is more than in the past. I've also noticed that the Ftse mib is pulled by banks now, so if you see the ftse positive it is at 90% because of them.
Double bottoms, supports and resistances, Heikin Ashi buy signalWeekly:
- Clear double bottom this year around 12,90. Neckline and Kumo top is ard 16,72. Above that space would open to 20.
- Ichimoku setup is turning to neutral as Chikou losing open space and Price is trying to move above Kijun Sen. Thin Kumo overshade ahead. However Tenkan is still below Kijun and future Senkou A points down a bit.
- Heikin Ashi may give a bullish resumption signal this (or next) week, as candle body shrinks! Watch if haDelta crosses back above zero line!
Daily:
- Interest






