QQQ is showing Long signal on RSI of MACD and RSI of VWAP strategies.
when it shows on more than one strategy , it is strong signal.
Yellow color on the chart is from RSIofVWAP , blue color on the bottom chart is RSIofMACD.
8 Mar 2021
I see W pattern on hourly chart
volume registered high (see below)
if price closes above 51.60 (green line on the chart ) ,
it will go up further 5.50 dollar up .. That is the height of the W pattern
I saw Head and Shoulders pattern on SPY hourly chart ... I have made these notes on the chart on 19th Feb . However I didnt get chance to publish the idea nor I took the SHORT trade.
Please note , this pattern already completed , dont enter any short trade now ... I Just wanted to share , to show how the pattern works
for TSLA stock , I have noticed ronded base on Hoourly chart , this might end up as CUP and Handle pattern. If that happens , Long entry can be taken when price comes out of handle ... (this is not formed yet )
I have been watching XPEL since a week ... it was listed as sector leader on investors.com
I see bullish divergence on hourly chart ( see the notes on above chart )
pocket pivot found ( large voulme registered today / 26th Jan 2021 )
Once it breaks the resistance level at 54.98 ( see the red line on the chart ) , it will go up further
Let me know...
Hourly chart ...
SPY price is moving downwards(1) , however stochsatic is not registering that ... rather it is going up ... This is bullish divergence
wait for a confirmation like price close above that blue line (dsma 40) as a green candle (i.e close > open ) or wait stochastic pull further above 30 line ...
On Jan 5th also I have found and...
for JMIA , I see CUP and Handle pattern on Hourly chart. Also found ocket pivots for 2 days. (see those cnadles highlighted in yellow color) ... That means volume is increasing , you have CUP and Handle pattern ... once it breaks the resitance line ... It will go up further ...
See the explanation on the chart ... Let me know your comments...