Setting up nicely for a cup and handle pattern. Current momentum is bullish with a blended candle approach. This is a method that uses summation of candle patterns over 20 and 50 day period to provide short and medium term momentum action. The 20 day blended candle pattern is bullish and the 50 day is weak bearish at present which is a change from bearish momentum...
KO has a strong bullish sentiment with both short and medium term time frames as shown by the blended candles. The price bounced off 20 DMA yesterday. An with strong earnings, initiated a position pre-market. Could have done better price wise but I think this will continue to trend up for a short to medium term.
Using a blended candle approach, one can see that the sentiment for CNTA is setting up for a squeeze. The volume is contracting over the past few weeks since beginning of the year. Bollinger band is showing signs of a squeeze. ATR (14) is showing lowest volatility over the past 100 day period. The Blended candles offer summation of short term (20 day) and medium...
Using a blended candle approach, one can see that the sentiment for QFIN is setting up for a squeeze. The volume is contracting over the past month. Bollinger band is showing signs of a squeeze. ATR (14) is showing lowest volatility over the past 100 day period. The Blended candles offer summation of short term (20 day) and medium term (50 day) price action...
Using a blended candle approach, one can see that the sentiment for PIRS is setting up for a squeeze. The volume is contracting over the past few weeks since beginning of the year. Bollinger band is showing signs of a squeeze. ATR (14) is showing lowest volatility over the past 100 day period. The Blended candles offer summation of short term (20 day) and medium...
Using a blended candle approach, one can see that the sentiment for TDY is changing. The Blended candles offer summation of short term (20 day) and medium term (50 day) price action allowing for greater emphasis on underlying trends. The price action has changed from "weak bearish" to "bullish" on short term and is "weak bearish" with DOJI summation candle on...
Using a blended candle approach, one can see that the bearish sentiment for PLTR is still bearish. The Blended candles offer summation of short term (20 day) and medium term (50 day) price action allowing for greater emphasis on underlying trends. The price action continues to be bearish (red candles). A good entry for a quick trade would be when the momentum...
Using a blended candle approach, one can see that the bearish sentiment for GME is weakening. The Blended candles offer summation of short term (20 day) and medium term (50 day) price action allowing for greater emphasis on underlying trends. The price action has become "weak bearish" which is a change from "bearish" from few days ago. This could be a good entry...
Using a blended candle approach, one can see that the bearish sentiment for NVDA is weakening. The Blended candles offer summation of short term (20 day) and medium term (50 day) price action allowing for greater emphasis on underlying trends. The price action has become "weak bearish" which is a change from "bearish" from few days ago. This could be a good entry...
