Based on my indicators, UBA is poised to head up in nice fashion. IF, trap plays don't overtake it.
My heads up that a reversal is approaching is:
1) SMA's 2,4, 6 have changed color
2) StochRSI is at 0
3) DPO is at a low
My entry is based on a multi confirmation:
1)StochRSI has come off of 0 to 30.00
2) DPO has made its first move off its low. This is a key confirmation.
3) better yet if SMA 2 has crossed 6
Indicator Settings:
Renko chart style. I set mine at 26 to play the longer trends.
SMAs = 2,4,6, 33 (instead of 33 you can 20 or 50)
StochRSI = k=2, D=3, RSI Length = 1, Stochastic Length =2
DPO = Length of 1 with Gaps on
DISCLAIMER: I do not hold this stock as of this post (after hours 3/16/2023) and no intention to enter tonight.
My heads up that a reversal is approaching is:
1) SMA's 2,4, 6 have changed color
2) StochRSI is at 0
3) DPO is at a low
My entry is based on a multi confirmation:
1)StochRSI has come off of 0 to 30.00
2) DPO has made its first move off its low. This is a key confirmation.
3) better yet if SMA 2 has crossed 6
Indicator Settings:
Renko chart style. I set mine at 26 to play the longer trends.
SMAs = 2,4,6, 33 (instead of 33 you can 20 or 50)
StochRSI = k=2, D=3, RSI Length = 1, Stochastic Length =2
DPO = Length of 1 with Gaps on
DISCLAIMER: I do not hold this stock as of this post (after hours 3/16/2023) and no intention to enter tonight.
