LONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM PULLBACK since 141021 PIVOT 3120 Long positions above 3120 for 3415 and 3641 Short positions below 3120 for 3024 and 2747
SIA gapped up to hit an intraday high of 5.62 on 111021 and is now in a multiple timeframe uptrend. Long Term BASEFORMING since 150321 Medium Term UPTREND since 111021 Short Term uptrend since 041021 PIVOT 5.22 long positions above 5.22 for 7.05 and 8.65 Short positions below 5.22 for 4.80 and 3.58
Starbucks is in a long term uptrend since 011220 at $102.16 and a medium term uptrend since 240220 at $84.22. Important support is now at $108.23 with a short signal on the day charts at $114.93. LONGTERM UPTREND since 011220 Medium term UPTREND since 240820 Short Term DOWNTREND since 170921 PIVOT 108.23 Long positions above 108.23 for 116.20 and new all...
Long Term UPTREND since 010221 Medium Term UPTREND since 161120 Short Term UPTREND since 240921 PIVOT 160.43 Long positions above 160.43 for new all time highs Short positions below 160.43 for 147.79 and 118.73
OIH has been on a downtrend since the monthly short signal at $897.65 on 3rd Nov 2014. It broke its 2001 lows at $278.73 and formed a new low at $66 020320. The monthly charts show a breakout of the downtrend in the month of October with a long signal issue on 011021 at $223.25. The weekly charts has maintained above the ichimoku cloud SSSA line despite the...
Plug reached a high of $1565 in Jan 2000 and since plunged to $0.12 in 2013. It broke out of its 17 year downtrend on Sep 2017 touching a high of $75.49 and since maintained an uptrend with a pivot support at $17.30. A pullback started with a short on the weekly charts at $36.45 and made a low of $18.47. The day charts is long at $28.14 since 270921 with a...
Long Term UPTREND since 011209 Medium Term UPTREND since 040520 Short Term UPTREND since 191021 PIVOT 359.46 Long positions above 359.46 for new all time highs Short positions below 359.46 for 297.64 and 274.54
BABA has been on a medium term downtrend since 211220 with a short signal at $256.42. The weekly pivot at $195.35 determines whether BABA has a chance to resume its long term uptrend. The day charts are long at $155.60 on 071021. A close above $195.35 will reverse the weekly downtrend and provide a door to the resumption of the long term uptrend Long Term...
TCEHY has been on a medium term downtrend since 030521 since the short signal issued at $78.60. The long term charts is still long from 010620 at $56.70. A break above the weekly supertrend resistance at $73.13 may resume the uptrend supported by a long signal on the day charts at $62.70 on 071021 Long Term UPTREND since 010620 Medium Term DOWNTREND since...
The short term charts are long $5.05 on the dailies on 041021 with a target of $5.72, the week supertrend resistance in the near term. A break of $5.72 above will confirm the recovery bounce on the Monthly Charts that seeks to move back to $7.05, the break down level since 3rd August 2018 putting SIA into a 3 year downtrend. Long Term BASEFORMING since...
The STI positively bounced of the 3024 pivot on the weekly charts for the first trading week of October 2021. The day short signal on 190821 is still active targeting 3024. A break above 3129 on the day charts will resume the short term trend to the upside. LONG TERM UPTREND since 010321 MEDIUM TERM UPTREND since 071120 SHORT TERM PULLBACK since 190821 PIVOT...
The SPX 500 Pullbacks for the sixth time since 11th June 2020 and now seeks support at 4267 (Weekly Supertrend). It needs to break above the daily supertrend resistance at 4538 to resume its medium and long term uptrend. SPX is long 4hr at 4317 on 071021 and short Day charts at 4439 since 170921 Weekly pivot support at 4267 will serve as strong support for this...
The SPX 500 Pullbacks for the sixth time since 11th June 2020 and now seeks support at 4267 (Weekly Supertrend). SPX is short 4hr at 4417 on 280921 and short Day charts at 4439 since 170921 Weekly pivot support at 4267 will serve as strong support for this pullback The daily ichimoku cloud SSSA line has served as the buy area for pullback for 16 months since the...
The long signal on the daily charts on 260721 at 35721 hit an intraday high of 52952 exceeding our target of 46925 and has pulled back with a short signal now at 43970 on 200921. The pullback finds support at 34308 (Kijun monthly support) and then the supertrend picot support at 31666. The overall long term and medium uptrend is still intact for now as long as...
Reference my last post on 08 Aug 2021 ETHUSD is on a multiple time frame uptrend with bullish signals on all 4hr, day, week and month charts. The weekly pullback has ended with a continuation long signal at 3630 targeting 4384. Long Term UPTREND since 010820 Medium Term UPTREND since 290620 Short term UPTREND since 240721 PIVOT 3293 Long positions above 3293...
Profit taking gas been observed in all the heavyweight STI component stocks based on the STI Matrix Heatmap including the banks and property counters. The STI has been in a range since 080321 between 3024 and 3237 for 5 months now. On a longer term outlook, the long signal on 010321 at 3108 on the monthly charts must break above the range at 3237 to confirm a...
As per my previous post 3 weeks back, our target of $46925 was hit this week. Huge pivot on the week charts at 49827 stands in the way for a quick move to test its all time highs at 64887. Long Term UPTREND since 030619 Medium Term PULLBACK since 170521 Short Term UPTREND since 260721 PIVOT 49827 Long positions above 49827 for 64887 Short positions below 49827...
The SPX 500 bounces of support at 4324 on the daily supertrend with the long signal at 4266 on 240621 is still in play setting new all time highs. LONG TERM UPTREND since 011220 MEDIUM UPTREND since 010620 SHORT TERM UPTREND since 240621 PIVOT 4324 Long positions above 4324 targets 4495 and 4571 Short positions below 4324 for 4099 and 3840