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GULFOIL – TECHNICAL CHART

gulfoil

buy GULFOIL above 104 sl 97 target 108-115

look at the technical chart of gulfoil, we can see that it has taken a support on trendline.

even rsi has taken a support on trendline, with the rsi it has also developed “POSITIVE DIVERGENCE” with todays green candle.

candlestick pattern showing development of “TWIZZER BOTTOM” with almost identical bottom at 97 level, so with this level, if price able to create a green candle next session then we can see up move in stock.

 

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