kelvinyeo

kelvinyeo

Rebound price is either 45.32 or 41.54 from the Fib Retracement. It did rebound yesterday at the uptrend support line and rebounded with more volume than the down days too. Lastly, it is currently still in the oversold RSI section, there should be buyback demand.

kelvinyeo

Prices has been forming within a Triangle with volume narrowing for the past 2 to 3 weeks. It is at the ending edge of the Triangle now, and should break within 3 or 4 days. Looking at the strength, it looks more likely an upwards break this time.

kelvinyeo

Prices showing a pull back to the uptrend line, with signs of oversold in Stoch RSI to support the bounce back. However, it is under the uptrend line, so longer-term outlook is yet to be clear.

kelvinyeo

Breaking above triangle on last few days of slightly high volume.

kelvinyeo

The prices hereon is likely to just tread horizontally rightwards towards the uptrend line. Followed by a rise towards Earnings date.

kelvinyeo

Ichimoku cloud thinning out. Stoch RSI overbought. And already broken below uptrend line.

kelvinyeo

Ichimoku cloud is still in green, on upwards trend. Stoch RSI still in the safe zone. And finally Fibonacci Retracement marks a reversal time.

kelvinyeo

Ichimoku cloud turns downtrend, coupled with overbought indication on RSI. Target price 108.68 from Fibonacci retracement.