Some of you contacted me asking why today's market drop.. Well, you don't have to know the reason, but it's important to check VIX chart every morning before you trade. As previously shared, when VIX up, stock market down. Yesterday, we are seeing VIX shows fast turtle buy (DJ fast turtle Sell)... and today, FKLI follow with 1.8% drop and triggered fast turtle...
I have many reason not to buy MyEG..... 1. Big GAP still not filled 2. Resisted by Trendline. 3. Bearish Divergence. Price HH but FiFT Lower High (Retailer is pushing) 4. Recent gap down not filled. 5. Fast Turtle Sell 6. OB & -eve FiFT Break below 1.2 will confirm Head and Shoulder pattern and expose 0.95-1.00 target. The only+ve point for MyEG is the...
Monthly Chart :- Hibi shows strong buying interest around 0.6 +We are just first week into June and the volume is already half of previous month's volume. +Price crosses above 0.66 and triggered Fast Turtle Buy and BoD signal. (Price need to stay above 0.66 for BoD signal to stay) +Looking at past historical trend, price will advance approx $1 every time BoD...
VISA is trending nicely. Hit and react positively to each support and resistance. Price move above EMA10, FiFT still +ve, ATOM nicely trend. Hold and further buy upon retest 200.
GTRONIC close with strong BULLISH candle with significant Volume. ATOM is Buy and FiFT turned +ve Breaks above 2.10 will trigger slow turtle BUY Expect strong breakout considering GTRONIC has been consolidating for about 2 months since mid april (similar to Inari) Monitor to further buy upon breakout
FB breaks all time high and retest 220-225 Average volume is relatively low. Uptrend, FiFT and ATOM are still bullish. Plan to futher buy upon breakout. possible cup and handle formation if dip below 220.
Weekly Chart =Downtrend but Potential triple bottom formation +Bullish Engulfing with significant volume +Fast Turtle BoD buy signal bouncing from Fibo 0.618 (Weekly Chart) +ATOM back into range from SELL +FiFT Turned +ve +Attractive long term Risk Reward Ratio Daily Chart =Downtrend but breaks and stay above EMA50 +Fast Turtle Buy with BoD & +ve FiFT +ATOM...
Bullish Divergence setup was a success. Bull rallied and bounced from EMA20 (Very bullish) BYND advance 80% since beginning of April. The bull must be tired now.. Currently, it consolidating around key fibo 130-150 Plan: Scenario1 : Wait for Slow Turtle Breakout Buy signal above 148 with Volume or FiFT spike Scenario2 : Wait for pullback to around EMA20. Look for...
Yesterday Comfort was down 20%, Fast Turtle signal need to advance 20% first before signal a buy.. Therefore, we go down to M5 or M15 to trade high volatility stocks like Comfort and TopGlove. FAT condition met and Fast Turtle Buy signal appears this morning for quick Hit and Run trade. Quick Tips :- When FiFT is RED, you can set an alert notification on...
Topglove still FAT.. However, H4 start showing Fast Turtle Sell. If Topglove cannot stay above 14.1, then next support will be 13.5, 12.8 (opportunity to buy back around this if there's BoD)
Dow breaks above EMA200. Expect FKLI to follow. All sectors in US are bullish. Energy sector (XLE) is the most bullish with Crude Oil future continue to climb. Expect local oil counter to continue to rally. VIX continue to drop but supported by EMA200.
Hengyuan still below EMA200. But price above EMA20/EMA50 (Bullish) and EMA20 > EMA50 (short term Uptrend) BoD signal appear after bouncing from Fibo 0.618 and Trendline. It's FAT Fast Turtle Buy. Potential target price at 4.28 (Fibo and Price structure confluence) SL 3.4 Buy around 3.8 will give good risk reward ratio of 2 This analysis was done by 1 of...
FCPO continue to advance towards 2400-2420 However, FGV is resting at strong support (Fibo level, EMA20/EMA50 and psychological resistance turned support at $1) Perhaps investor is waiting for FGV quarterly report which is about to due soon.
Hibi seems like bouncing from FIbo 38.2 around 0.55 and EMA20/EMA50 EMA20 > EMA50 (Uptrend), Higher High and Higher Low price structure intact.. FiFT +ve, ATOM Buy. Signal Fast Turtle Buy. VALID only if price stay above 0.610 HOWEVER Volume still low at the moment.. SL below 0.55
+ Uptrend and Bullish. EMA20 > EMA50 > EMA 200 and sloping up. + FiFT remain +ve. Small spike but below average (Bull Force Remain in Control. ) + ATOM signalled Buy + Fast Turtle Buy bouncing off from, Resistance turned support 220-225 area, Fibo Retracement 0.382 and EMA10 - the only concern is relatively small volume is pushing the price. Spike in FiFT is...
Sharing the usage of Turtle System Trade using 3 indicators FiFT, ATOM and TURTLE (FAT) Luxchem alert the following 3 conditions.. Turtle : Uptrend, Bullish and Fast Turtle Buy FiFT : BoD Star +ve FiFT (Strong Bull near support) ATOM : Bull is trending. This is 1 of the best setup using 3 indicators. If met FAT rules, your profit also FAT FAT
Technology sector breaks fibo 0.786 / 38 Resistance 1 week ago. Last week Technology did a flag pattern pullback without fast turtle sell. Last friday index close with Fast Turtle Buy signal. Technology may resume bull rally and complete V shape recover sooner than other sectors.
Glove counter has been very active... someone ask me how to trade this kind of fast moving stock.. Easy. You can go down to lower timeframe like M15, M30 or H1 as long as most of the bar got fat body... If you are in the timeframe where most of the bars are Doji, Dash or looks like barcode, then you are not in the right timeframe to trade. Eg Supermx on M15...