MM200 fait support + Tred LIne Englobante haussière
A price action below 88.50 supports a bearish trend direction. Crossing below 85.50 will support further downside potential. The target price is set at 78.50. The stop-loss price is set at 94.00. A bearish crossover on the MACD (lower panel) supports a bearish trend direction. Executing this trade still carries risk due to the possibility of a sudden but minor correction.
$DIOD has a nice volume pattern while working to potentially breakout into ATHs. The shakeout around its 50 MA couple weeks back is an added bonus to the setup. Would like to see it head back up to that supply line with quiet small candle days to setup a low risk entry.
28 Sep 2020 pop pushes all 4 indicators bullish. This could be late and this ends up being the only pop; if so we should be able to back out with minimal losses. but the potential here is to shoot back up to ATH
Enter long if it closes above $45 which are currently all time highs
$DIOD so far is holding the sma50, let's see if it keeps trending upwards.
I look for chart patterns, up or down. It was my opinion that-DIOD has a very strong up pattern. I took a position two weeks ago. There was a good news announcement today issued by-DIOD: "Diodes Incorporated (Nasdaq: DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic, analog...
Got growth? Want trend? Diodes Incorporated is a global manufacturer and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. The Company's products include diodes; rectifiers; transistors;...
Broken Wedge with double top at DIOD, down trend for a long time now.
SHORTING DIOD (RED) current price 20.95 LONG FCS (GREEN) current price 11.61 Correlation --> 80% Co-Integration --> 0.92 Based on trade history of this pair , I expected to make money on one leg only. @lgo kid