The re-accumulation that has occurred in the past 4 days in BTC appears to be fully developed and an upward breakout is in progress If upward momentum continues the next major resistance area is approx. 37k; there appears to be a clear path from the current price to that level
With the prospects of the green infrastructure plan by Joe Biden, green energy sector has seen a resume of interest from the investors and traders. Five green energy stocks with strong momentum have been selected from from the AMEX:PBW ETF (Invesco ETF Wilderhill Clean Energy), which are potentially near the buy point based on the technical analysis with price...
In the mid of Dec 2020, I subscribed a newsletter that sends me one stock per week to provide a briefing in the fundamental of the company such as how the company works, how it solves the problem, product, strength, weakness, growth prospects, financial numbers, etc…In terms of the information provided, it is more than enough for me as a trader, who only look at...
Another Re-Accumulation Between 37k and 40k pretty much guarantees a move above 40k and re-establishes the strength within this market At these previously unexplored heights we cannot rely on old price performance to determine where the next potential resistance area is - this is why psychological levels are more important than ever. If 40k is bypassed the next...
Alibaba (BABA) has plunged 34% since Oct 2020 with lots of negative news going on. Is BABA hitting the bottom yet or further distribution to come? The negative news ranged from suspend of ANT's IPO, investigation over monopolistic behavior, Jack Ma's missing, executive order to ban Alipay and plan to ban Americans from investing BABA, etc…All these bad news are...
1. Accumulation with Reversal - Strong breakout with volume 2. Pullback - Back to support with low volume 3. Green Pentagon - Increasing volume on upbar - Above 20 / 40 MA Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment...
1. Long Period Accumulation - Narrow spread bar low volume 2. Reversal Setup - High volume upbar - Crossing above 20 / 40MA 3. Gap Up above Major Resistance - Big gap with UT - Price still at the gap 4. Tested well at new support - Volume low with narrow spread bars Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference...
1. Accumulation stage - low volume with narrow spread bar - 20/40 MA golden cross spotted -incresing price and volume trigerred green pentagon 2. Mark up stage - gap up with increasing volume -price well supported above the gap -price sideway approaching 20 MA , support formed around 0.255 3. Daily COC formed -three narrow spread bar with low volume...
1. Accumulation Stage - Change in behaviour with increase on volume - Green Pentagon in accumulation - Shakeout completed 2. Re-accumulation Stage - Climatic volume on Line Change - Supported well with No Supply and Spring signal - Pocket Pivot Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not...
With significant strength in the immediate and medium-term background and an overall upward trend BTC is re-accumulating in the 30k to 35k range There is no strong sign of distribution yet in this rally and a break of 35k seems imminent
1) Placed a Long position @ 3668. Reason being price rebound from Support on upbar with high vol. 2) Price hit Entry before doing a Pullback. 3) Exited with 6pts (3674) as unsure about price direction.
Did a Short Trade at few points below the Support line (Entry @ 3657). Price did not go down further and instead bounce from Support. Hit SL.
1. Continuation on Uptrend - Healthy uptrend with no climatic volume 2. Re-accumulation - No major weakness at resistance - High volume breaking above resistance Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
1. Shakeout completed - removal of weakhand holders 2. Long period accumulation - Shakeout in accumulation - False breakout in accumulation - Lots of upbar with increasing volume 3. Change in trend with high volume - Pullback - Testing major resistance Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and...
Sign of Weakness in the chart 1. Red Pentagon + Price breaking below 20/40MA - Potential change of trend from Distribution to Mark-Down 2. Confirmation on mark-down and inverse pullback with Up-Thrust - Rejection on 40MA 3. Green Pentagon but no follow thru above 20/40MA - Confirmation on weakness in the background 4. No Demand appeared on 40MA 5. Up-thrust...
Sign of Strength in the Chart 1. Change of trend with high volume - Downtrend to accumulation 2. Long period accumulation - shakeout and false breakout spotted in the accumulation. 3. Breaking above accumulation - Currently price pulling back to support to try seller Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference...