Optimism Pessimism hints at an Accumulation Period . Force - Bullish Divergence with the price action, it can be invalidated at the day close if the price doesn't recover a bit. Technometer - Bullish Divergence with the price action and going oversold at 40.25 (38 or lower is considered to be clearly oversold). Momentum - Interest is slowly...
Momentum - it indicates declining interest . Technometer - it shows a 🐻 Bear signal , and it is heading downward. Optimism Pessimism - Bearish Divergence with the price action. Force Index - another Bearish Divergence with the price action. The overall Sentiment is too bullish , this indicates a drop in the price is near. The target is around the 8k level.
Pros: - FI and MACD both trace higher low even when the price is at lower low. - RSI traced double bottom and RSI starting to slope up - MACD histogram in weekly trend has alredy ticked down quite abit (lower potential downside) - High potential profit if prices break above SMA200. Can realistically expect 4R-5R profits Cons: - Volume on red days still...
Massive Buy opportunity: Technometer Oversold and Bullish Divergence Optimism Pessmism - longer term Bullish divergence Force - longer term Bullish divergence It suggests the Manipulators have filled their buy orders, and a move higher is to be expected. 9600 would be a good Take Profit Level.
Based on Parabolic SAR and Force Index Indicators, NASDAQ:ROKU is going in an up trend zone which could be a good entry point before Earnings Call.
* 50% for all predicting. - Good luck.
* 50% for all predicting. - first limited at Head and Shoulder target with ratio r/r = 2/1. - Second limited at Bat Pattern. * Stop loss = Head + ATR - Good luck.
* 50% for all predicting. - Take profit all when USDOLLAR hits the EMA200 = Elliot wave 3 (Target 1). - Indicator: MACD - RSI, FORCE INDEX . - Look left to predict the right.
* 50% for all predicting. - Daily: Expect to reject at Demand zone. Continuation candle pattern at Daily. Note: The EMA 13 crossing down EMA200, maybe a big downtrend with MACD-H at Daily. - H4: Head and Shoulder is supported by FORCE INDEX & RSI for uptrend.
* 50% for all predicting. - Good lucks.
Simple charting exercise for NYSE:BABA heading into its upcoming earnings. Will be interesting to see how the trade war and in particular the weakening of the RMB may have affected earnings.
- Trading key: 50/50% for all forecast. - Always stop loss for the next opportunities. Thanks for your like, comment and sharing.
- MACD, RSI, FORCE INDEX indicator support to a Long. - 50/50 for all. Must to stop loss.
- Sell immediately or wait for the right shoulder. - 3 targets are calculated by Elliot rule. - Alway stop loss
- Stoploss at 113 fibo ext - The first target is expecting to retest the last bottom. - Expect to make a new bottom with 3 targets. They are calculated by Elliot rule.
- The Pullback was last week so enough for me to forecast a big drop again with 3 indicators supporting (MACD, RSI, FORCE INDEX). - The last bottom is first target. - 3 next targets are calculated by Elliot rule.