Zeel Analysis : June - August
Hi,
Please review my analysis. I'm new to TA and would like to get some feedback.
Daily Chart - Fibonacci
June 22 - Closing 176.50
June 26 - 231 - (210 - major resistance - the next resistance level is at 231.)
July 20 - 173
July 31 - 270
Indicators used:
- 14 day EMA - Orange color wave
- Bollinger Bands to check outer limits - Green color lines
- Fibonacci
RSI - upward moving
Stochastic - upward moving
Please review my analysis. I'm new to TA and would like to get some feedback.
Daily Chart - Fibonacci
June 22 - Closing 176.50
June 26 - 231 - (210 - major resistance - the next resistance level is at 231.)
July 20 - 173
July 31 - 270
Indicators used:
- 14 day EMA - Orange color wave
- Bollinger Bands to check outer limits - Green color lines
- Fibonacci
RSI - upward moving
Stochastic - upward moving
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