The current point exhibits upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
- Fresh breakout major downtrend - Noticed volume coming in - Expect to retrace - Tp as projection
- Fresh breakout major downtrend - Have a buy signal/purple diamond - Awaiting for blue candlestick to swing - TP as projection
Price getting lower. Possible for positive divergence take over and lead to new uptrend soon?🤔 We will know soon. Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or...
It yet reach bottom at this moment. Don't try to catch the falling knife 🔪 by become daredevil to buy on RED. Low can become lower. Price action telling us the next move. Especially the price fall below "sea level" (EMA line), which means it is not in favour of buyer. Price already Red, sea water (blue cloud EMA line) unable to stop it. So, just let it red...
Based on weekly chart, Coraza shows a rebound from the trendline which forming higher low. Then, todays (2/6/2023) pattern is quite the same as 21 November 2022 pattern and there maybe a possibility for the stock to move higher.
If price rebound away from trendline, we are looking for another long wave. TAYOR.
Guys, this one for VCP educational purpose only, because I need to admit that myself already miss boat. Best entry last week 19th Jan. OMG, what a super nice setup. Big VCP setup with below contraction: C1: -47% C2: -30% C3: -14% C4: -6% I guess can put into watchlist to see if any pull back entry opportunity or not. If you guys got any question kindly...
Breakout downtrendline + Rally base rally Price also breaks LH 0.72. Demand 0.655-0.7. Lets monitor closely! *Personal opinion trade at your own risk*
The stock has likely done its wave IV correction with expanding flat pattern, and likely moving to wave V.
CORAZA break out Pennant Pattern with more than average volume (at the time this idea is posted) Short term potential target price @ 0.980 (X1:X1) Disclaimer: This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
simple extended flat correction pattern. on weekly tf, can see it make hammer candle with extended from lowest wave A
CORAZA 21/01/2022 12:30pm 15min Chart Immediate resistance: 0.670 / 0.650 Support 0.640 / 0.625 / 0.600