There are many indications that show strong buyers in the market.
1. Accumulation period
2. Daily price close above EMA6
3. Price close above EMA50 and retest mid bb
4. Stoch oversold
5. Continuation bullish divergence.
After successfully did a breakout pattern on Wednesday, the price dipped and closed just above the downtrend line while touching but not crossing below the line. There is a possibility that the price will rebound again.
Any input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
Ok by now we all should know that the government already make it compulsory for everyone to use face mask in public area and transportation starting 1st Aug 2020. What is so different from previous situation?
- it is compulsory, like it or not people will need to wear
- previously optional, no big deal
- school already open, more face mask to be used by pupils...
TEKSENG
Rst: 0.63
Spp: 0.575
The next candidate to experience sharp plunge? RSI bearish divergence is clear, MACD second bearish crossover wave, risk is high.
TEKSENG
Rst: 0.635
Spp: 0.58
Solid bullish candle closed above upper BB with strong volume, but I'm cautiously optimistic on this as RSI bearish divergence is forming
