Filter 3 appeared at multiple lower TF. It indicates a strong breakout signal with price and volume confirming the upward momentum.
If the price manages to close above EMA100 (DTF), it more likely to create new higher high.
Next target is 0.960 (the strongest resistance referring to Gann Chart)
TAYOR.
Today, the stock break the resistance as well as break above MA50 with large volume. We can see that, the stock rebound from MA20 and MA200. In addition, it looks like the stock want to cross up from oversold region and move higher.
Today, the price break the resistance with huge volume. In addition, this stock made Bullish Engulfing candle on weekly chart. Then, the stock almost made a crossover from the oversold region.
1. Sideways dari September 2005 sampai 2022. (9 tahun)
2. Dah breakout sideways awal November baru ni.
3. Sekarang tengah naik slow2 guna tangga small ranges.
4. Ranges pertama sebulan (Hujung Oktober - Hujung November)
5. Ranges kedua 2 minggu (Hujung november - tengah Disember)
6. Ranges ketiga hanya 3 hari!!! (19-22 Disember)
Very good chart. Volume very...
PJBUMI setting up powerplay pattern.
Gain >100% and pull back around 15%. Let's monitor if momentum able to sustain. Price/volume interaction looks solid.
Take note QR this month end.
Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the...
Continuous price rally up after a rebound from the support line and candlestick body closed above MA20 indicate PJBUMI is in uptrend pattern.
Moreover, after the MA20 line crosses up the MA50 line indicates a high probability of a long trade position.
Precaution since the volume was below the MA20 line there was no buying interest from the trader.
OBV chart...
Weekly Chart looks above EMA 200 with green candle.
Monthly , weekly and Daily Chart uptrend.
Need to close green candle today to continue uptrend.
Possible bullish trend and rally If break triangle trend line resistance.
Strong resistance at 0.450
Swing short term
Continous price movement from buying interest on PJBUMI makes the price closed outside from Bollinger Band (BB).
MACD and OBV charts indicate a divergence signal and confirmed the uptrend pattern.
Put PJBUMI in your WL and watch out for significant price movement with volume or when MA20 crosses up MA50. Which indicates a strong uptrend and long trade...
