antaeusguy

antaeusguy Updated 

looks like a head & shoulder pattern forming... should it breakout possibly it will become a downtrend..

antaeusguy

An ascending triangle has formed as PUNCAK drops to the support line with Doji at 0.550. Potentially will breakout the resistance line at 0.580.

antaeusguy Updated 

On March 8, 2018, an Inverted Hammer + Bullish Engulfing appeared, signifying a change to the down trend. This is further confirmed by the support line in blue. Stock rallied for roughly a month plus until April 12, where a Hanging Man appeared (Note the Hanging Man is not as potent as a Shooting Star, but it still gives the signal that the bullish trend is...

antaeusguy

Stock: 3255 Heineken Chart: Daily Period: June - July 2018 Hanging Man appears on June 7, indicating an end to the bullish trend. This is further confirmed with the next day red candlestick close which is lower than the Hanging Man close. Trend then changed to bearish until June 26, which a hammer appeared. This indicates an end to the bearish trend. The...