Would you buy purely on the technicals not knowing what stock this is? It's tempting! Looking at a long-term monthly chart over a 30+ year time frame you can see each time RSI reached the 32.6 level this stock has bottomed. The large time frame over which this has been observed strengthens my confidence that this could be yet another bottoming for this...
Hey everyone, really short trade. I think we have finished a full wave and are beginning to head down to atleast the .382 retracement of the full wave. Not much to say besides this. Check my chart to see what I am thinking. Triple rsi top on the 2 hour followed by bearish divergence. If you have any questions, let me know in the comments or on my twitter. Have a...
Buy This is not financial advice.
Buy with precaution. Stop Loss : 3.355
Fast oscillator is currently pulling below slow, probably resulting in more downwards activity.
H4 CCI had a short entry and now another one, both crosses down thru up-trendlines T1 38.2% or earlier at s2 ~1.77
An experimental application of feedback concept common in Electronic Engineering, attempting to present additional value/insight to the Indicators The above chart presents example of negative and positive feedback applied on momentum adjusted moving average (MaMA) and rate of return (RoR). Feedback concept in Electronic Engineering Negative feedback (or...
1H 4H 1D This is not financial advice
Hi everyone, as always I am back, for another late night T.A. It gets me pretty excited to think about what is going to happen this month. So many stocks are near very pivotal resistances or supports and it truly is a great time to be alive. Speaking of pivotal points, I hope you all saw that Apple had a HUGE spike up last week, along with my long time favourite,...
Daily on verge of breakdown This is not financial advice.
This is not financial advice.
D1 - After the bullish trend pattern we had a correction in the form of consolidation. Currently, the price has broken above this consolidation and is holding above it. H4 - We had a correction in the form of double wave down, bullish divergence, most recent downtrend line breakout. H1 - Bullish trend pattern, expecting the price to continue further higher. In...
Remember weekend price action has less then half the liquidity in the market since big players are out. (most of them) Enjoy your weekend.
Good afternoon everyone. We've broken the downtrend since June 1st and have swept some of the highs. I'd still like to see 9800 but if we start showing signs of bearish signals I'd look to build a short position. This can easily blast through 9600's once we break this resistance around 9575 zone. If bulls fail at doing that a retracement will be mandatory...