Half-a-month Uptrend of 688667
Picked by my open source algo at https://github.com/qingxuantang/Chinese_stock_picker.
RSI and CB Idx indicate a potential uptrend if successfully crossing upwards to the moving average, while the already overbought RSI position should not be ignored.
DO_LB indicates a potential end of the current downtrend period.
Time cycles indicate that there may be a low point by the end of November, therefore the end of this short-term uptrend will possibly end before the first half of November.
RSI and CB Idx indicate a potential uptrend if successfully crossing upwards to the moving average, while the already overbought RSI position should not be ignored.
DO_LB indicates a potential end of the current downtrend period.
Time cycles indicate that there may be a low point by the end of November, therefore the end of this short-term uptrend will possibly end before the first half of November.
Trade closed: target reached:
The idea finally reached to its ideal position despite the initial drawdown, which is understandable and predicted due to overbought position indicated on the RSI chart.
