Downtrend started since April 2021 until now, and those EP wrong should be hardly to recovery.
What now?
>> Price below Hull MA
>> Need to break the short-term downtrend line (pink) if want continue short term rally.
>> Last support 0.185
>> 0.215 ~ 0.225 is R area.
>> Stochastic is OS.
Personally won't take this trade.
Buy and sell so you can sleep better...
Overall price is below all the EMA lines, indicators at OS (oversold) area.....
Do you realise price is hardly move when it below lines and/or at OS area?
Will operators push such stock?
Think again when it breakout (downtrend line or at OB (overbought) area. So, skip for this moment.
Disclaimer: Mentioned stocks are solely based on own opinions for...
Filter 1: Price & Volume Breakout (Default symbol: Tiny Yellow Triangle)
Filter 1 focuses on identifying breakouts based on both price and volume criteria. It considers the following conditions:
- Price Breakout: The close price crosses above the Donchian Channel's middle line, indicating a potential upward breakout.
- Volume Breakout: The trading volume...
Based on weekly chart, the stock is forming a double bottom pattern. We can see, there is a rebound in this week. Not only that, todays movement pattern quite the same as in 12 April 2023, if we look on daily chart. Therefore, this stock might have a chance to have a successful upward movement.
Let's the picture tell us the next move.
Grab some popcorn 🍿 and enjoy the show.
Disclaimer:
Mentioned stocks are solely based on own opinions for education/discussion purpose only.
Revenue
When to buy
just follow urtrend
this only idea for trading
and how to interpreted chart reading
sometimes POpit some LOss.
MAke sure CL immediately once reach ur CL level
Price currently been trading in phaseC in re-accumulation.
final shakeout at demand line with selling climax spotted will be the final shakeout.
im expecting price might rebound from this level.
im watching for trading opportunity.
8/9/21
A beautiful chart that is just up to my liking. Although, I would like it better if there's any trend pattern that I can refer to for a confidence booster 😆
Indicator: 3M, CS breakout MA20
Strategy: BOD
Support 1: 1.960 (VERY STRONG)
Support 2: 1.940
Resistance 1: 1.990
Resistance 2: 2.040
EP: 1.960
SL: 1.930
TP: 2.040
REVENUE developing VCP since April.
C1: -27%
C2: -13%
C3: -3%
I believe C3 still need develop for awhile before it fully attack.
Lately e-payment/wallet sector seems brewing. GHL and MPAY also developing VCP pattern. I do shared MPAY VCP in one of my previous post.
Let's see how this sector go.
Disclaimer:
Not a buy call, just technical chart analysis...
