Great set-up from BGC. Big Volume breakout at 10.30. Trendlines looking good, look to buy. Target Price at about 12.80-13.00 Exponential Moving Averages upward cross. Fundamentals looking solid.
BIG Camera seems to have been through it's worst. Online sales seems to be doing much better, although site traffic is still in a downtrend. Now awaiting reopening of tourism which has a lot of pent up demand, while the camera boom 5 years ago seems to have completed its product shelf-life. Granted smartphone sales has taken a lot of the digital camera market, but...
EMA 12&26 bullish signal. Price is at the downtrend upper channel. Sto is OB and bearish signal. Bias short. Wait for the price to retrace at the lower uptrend channel line.
Need to form a bigger cycle. RR: 2.5 is too small.
MACD in monthly chart cross signal line. Prices are higher high and higher low. The price is at Fib ret between 78.6 and 88.7. Plenty of upsides. Action: [wait for the price to retrace around lower channel (orange line).
RR = 2:1 ATR = 2 ATR x C = 4 SL = 33.5 Entry = 37.5 TP = 45.5
Input RR 3:1 TP = 6.74 SL = 1.94 Entry = 3.14 ATR = 0.6 ATR x 2 = 1.2 Setup RSI = OS EMA12 cross up EMA26
WINMED and WTZ1/WTZ2 Combo Trade Setup