WISH looks to have broken its 4yr downtrend. Currently about to confirm an ascending channel pattern which is a bullish sign. Maybe a cpl more weeks to see the bounce at the bottom of the channel which should also be confirmed with the sloping RSI trendline bounce.
Worth waiting for the WIX indicator to paint a green DOT and also confirm with RSI and lower...
The rsi is low and near where you would expect a bounce but its still pointing down. The wix indicator is near its range low and turning from downward to flat then hopefully upwards but we will wait for a green dot with confirmation of rsi at 30% ish. MAx 1.5dollar loss compared to 100s% gains its a good bet.
Performance Shipping is looking like a bull flag.
In the chart you can see im looking for a bounce at the 1.61 area then to the top of the range at 2.4 If the flag breaks then its targets are the flagpole height, which gives 4.77 or 0.85 the WTCross and RSI both favour a move to the upside. It may take 1 to 2 months going off previous range moves.
Best to wait...
Performance Shipping is looking like a bull flag.
In the chart you can see im looking for a bounce at the 1.61 area then to the top of the range at 2.4 If the flag breaks then its targets are the flagpole height, which gives 4.77 or 0.85 the wix and rsi all favour to the upside taking 1 to 2 months going off previous range move.
Best to wait for a confirmed...
wt cross facing down no volume points down big time. Its had a 100% gain since the wt cross was green some months ago. Im looking for a dip to shave off 30 to 50%
Illumina at 90$ ish to a 5x
The wix is giving green and very low. The rsi is showing oversold and ready to turn upward.
Support shows we could go as low as 79 but anything around this area seems a value buy.
Chart looks overbought to me. The wtcross is high with a downward sloping red sell signal. Rsi is high and facing down. It looks exhausted to me and needs a pull back to reset the RSI and WT_CROSS.
Quick chart for Shaun
4hr has painted bullish divergence when it bounced of the 20
Long Term Upward Support Unbroken
Potential BullFlag but long way of confirming it yet.
