Sigachi - Trend Reversal (Getting Positive)
After falling down snce IPO, Sigachi has corrected hugely and from last few days it is showing healthy correction.
Yesterday, it created an inverted hammer with high volumes and today it gave a following green candle with higher volume than yesterday. It is a clear buy signal from inverted hammer pattern.
Also, RSI gave a huge breakout, which indicates strong interest in the counter among participants. However, RSI was giving positive divergence from many days back. Today's move triggered buy scenario.
Yesterday, it created an inverted hammer with high volumes and today it gave a following green candle with higher volume than yesterday. It is a clear buy signal from inverted hammer pattern.
Also, RSI gave a huge breakout, which indicates strong interest in the counter among participants. However, RSI was giving positive divergence from many days back. Today's move triggered buy scenario.