A friend recently brought this company to my attention. Considering its recent general uptrend, it looks promising for future profitable gains. Its ADX has been going around a healthy level along with its Stoch RSI. The resistance lines from the Ichimoku have both been broken and it looks good... I shall keep y'all updated for future movements, but for now, keep...
The first thing you might realize here is the fact that we are looking at this chart from quite a distance. That is for a reason, the following idea is one that would take place over a long period of time (hopefully). As we all probably know, the EU has economic issues that are far beyond repair (a not united fiscal policy center), examples of what could happen in...
Waiting for price to break 1st resistance in the Senkou span. Meanwhile Kijun has just crossed below price (bullish signal). Tenkan looks fine, its flat lining for a while, but it will change later... Last but not least, the Chikou span just completed a bottom-top crossover, meaning a bullish trend is probable (but we must keep in mind that because of the nature...
Looking for either a BB bounce, or for the MA Exp Ribbon to flip and for ADX to go up a bit, in which case it will be a buy. If it bounces off, then it will most likely rally for a little while (a day?) and might go up... or down... ya' never know
But seriously talking, if those BB's expand or ADX goes up, there's a big chance that will be an uptrend.
This may not signify an immediate buy, but may turn into one later on. I'll take you step by step, through my incredibly interesting process of thinking... stay tuned!
Aroon:
The blue line is in sharp decline, and having passed the orange one a couple days back, is looking like the uptrend might win for a while. (For the confused: Orange, uptrend. Blue, Downtrend...
Although the Aroon begs to differ, the MACD and the Stock RSI are both showing strong momentum and a possibility
of going higher. The AO may flip on the green and that would reinforce my point... Trade Safe!
Based on the MACD's recent buy signal, and the STOCH and the RSI going up (as well as the AO doing a reversal, and the Aroon doing a cross)
Trade Safe!
This is my first publication of an idea, so criticism is ore than welcome.
Based on the MACD, the sell signal above the zero line is not reliable as it does not break any trend line.
The Aroon also shows a strong uptrend
The Stochastic and RSI, are not showing any different, and the AO is showing a flip on the zero line.
In conclusion, I believe that there is a...
