After completing a a Cypher pattern(XABCD) and taking the support on green line, IBULHSGFIN has finally acted on 50-20 DEMA crossover and gave a strong bullish candle today.
The stock shows a bullish move to test the resistance of 250. Today's volume(78.805MN) and MACD(1.8) shows great strength.
Above 220 I see a clear target of 235-250. If the resistance of 255 is broken then a big bull movement can be observed.
All indicators testes gives a 90% buy movement.
You can always do back testings on Day/Week/5min charts as per your experience and track the stock results to have a stronger view before taking any trade.
This is just my personal study and analysis. Do not trade on the basis of just my study. Do your own research as well.