Sector : Energy
Nice triangle above 3.58 resistance turned support
Ready to breakout ?
Concern :- Weekly volume low
Prefer to break above 3.88 with SL 3.65 (Risk 7%)
Plan void if drop below 3.88
Buy on Dip hit 1.5 resistance.
Monitor and Buy on pullback around 1.45 using lower time frame chart.
---- or ----
BoB above 1.5 with volume (Risking 0.18)
SL below 1.32
Sector : Plantation
Slow Turtle Buy and hit first target 0.5 with heavy volume
ATOM remain BUY and expand.
Hold. Next Target 0.65
Do not chase if missed. Use lower timeframe for buy on dip setup.
As predicted, VIX hit resistance on 4th sep and it starting to drop on the following week.
We are seeing almost all indices hit support and bounce starting week of 8 sep where bargain hunting and buy on dip signal appears in most of the US stocks
VIX has making 7 consecutive lower lows which very likely it will bounce (Stock might take a hit for this bounce. So...
VIX is bullish since BoD signal on 19 Aug.
VIX is seems to hit resistance on 4 Sep and form Dark Cloud Cover Bearish Reversal Candle.
This Reversal is valid only if VIX drop and close below 27.8.
FiFT still +ve and ATOM still BUY.
However, there is a sign of Hidden Bearish Divergence.
Note: We want to see VIX to go down in order to have Stock to go up. VIX is...
Bullish & Uptrend
Hoovering around EMA20.
No Buy signal yet but Sell volume is getting thin.
Scenario 1: Look for BoD Signal or Buy on bounce around 1.03 - 1.05 (Bullish candle with higher volume)
Scenario 2: Look for BoB Trendline with Fast Turtle Buy above 1.13 and FiFT +ve signal.
No buy signal on Daily Chart.
Appear to be resting at support zone 3.5
Tested Fibo 0.618 at 3.45 (Good level for SL. Risking 6%)
Monitor - Look for BULL momentum to buy at support
-------- Weekly --------
Fast Turtle Buy
FiFT +ve and increase.
Significant Volume Increase.
-------- Daily --------
Resisted by EMA200 and Trendline.
Daily ATOM Buy and sign of expanding.
Turtle Sell 1.66 (SL)
A little unknown stock with nice Technical chart (Similar to Focus)...
BULLISH and UPTREND
Fast Turtle Buy on Dip signal above 2.4
Bounce EMA20 / Fibo 0.618.
Move stop loss below 2.0
FiFT +ve with BoD Star
ATOM Neutral. Price line is GREEN. (NO SELL SIGNAL since Jul) - TRENDING. Use Trend following strategy.
Next Target 3.0, 3.4
Closing above 200 for the first time since 11 June after 3 attempts
Bounce above EMA20 and sloping up.
Well supported by EMA50
FiFT +ve indicating BULL is in control.
ATOM is BUY indicating chances of breakout is high
Note : MA is having similar pattern but MA is already breakout.
Rounding Bottom Targets: 240, 260, 290