Several indicators within my algorithmic system are signaling a potential uptrend. These include:
- Increased volume: Activity is picking up, suggesting growing interest and potential momentum.
- Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory.
These factors...
This counter is trading above the 2-50-200 EMAs with the RSI at the 50 level.
With the flag formation, we are expecting a breakout for an uptrend continuation.
A big candle with strong volume breaking 0.675 will signal the imminent breakout.