CATCH THE BOTTOM !!!
1. the banker chips in the downtrend
2. the energy indicator show the divergence
3. the bbd indicator crossover 0 line, short term buying chance
4. stop loss point set at the lowest low of pivot point
there is no sell signal yet, so still can hold the share counter. but the re band is the long term resistance, so it is not recommend to buy...
Scenario 1 : If candle tomorrow open above gap and close above gap with high volume, island reversal pattern is completed and price will fly high.
(This is a rare and strong signal)
Scenario 2
The gap will be filled first before price continue climbing
Scenario 3
If candle tomorrow open below gap and close below gap with high volume, reversal candle pattern...
LCTITAN
Rst: 1.65
Spp: 1.48
Green candle emerged above upper BB with continued strong volume, and strength remains among RSI, MACD. Will continue its upward trajectory towards 1.65, then 1.76
LCTITAN
Rst: Upper BB
Spp: 1.18
Morning doji candlestick formation plus breakout from symmetrical triangle, both RSI, MACD surging, which shall generate further upside for the stock.
TECHNICAL PERSPECTIVE:
DECREASING SELL VOLUME — CONSTANT VOLUME AT LOW POSITION WITH POSSIBLE 'W' SHAPE BASE — POSSIBLE DOWNTREND RESISTANCE LINE BREAKOUT
EP: 2.48
SL: 2.47
