**No position yet** -- Entry Requirements(One of the following must occur): 1.) Price Action resistance break along with high volume. 2.) Teir 1 position on RSI uniformity line break #1 (the light green) 3.) Full Teir 2 position on RSI uniformity line break #2 (solid green line) --
See chart for details. No macro based comments on this one. Compare to SMH for relative strength measure. Like Comment Follow for more
Top side resistance breakout on the weekly RSI. Look for a breakout of the green line for a sure entry point. Volume should confirm moves. Trade at your own risk. Have a trading plan with a predetermined stop loss
Buying today reminds me of MLM a few weeks ago. Interested to see how this plays out. WIll likely retest breakout point if I had to guess
This is looking like a high probability trade setup. As long as there is no sudden rejection this week I think this one is in the clear to move higher. We may see a few days of consolidation, accompanied by candles with "scary" wicks, following the large price movement that we have seen thus far. RSI breakout on the daily. MACD zero line cross on the daily On...
Interestingly $NKE recently had a similar setup as well. Trade details on the chart. Is there any reason retail would be bullish right now?
Trade looks so easy to make. Wait for RSI to break green uniformity line with good volume and conviction
This idea came across my scanner last week. I never got into the trade... And probably wont as I just wont get a entry with much tolerance to downside. Bullish above RSI 69.1 and RSI Uniformity line. use Uniformity line as a sell signal Personal note: Idea from "alternative 2" scan
Long on the break out. At 3 year highs. Dont buy unless breakout confirmed
Looking for break of green RSI line (uniformity line)
Details posted on the chart. -I am a fan of this chart. Not the kind of trade I would normally look at, but none the less I think It has potential to swing to the upside. Set an alert at the line breakout levels and consider buying when the technicals confirm the entry. -Always look for volume to confirm. -The orange and blue MAs are part of the GMMA...
Chart says it all. The daily chart shows sellers at $59.58 with a good number of buyers stepping in at the same time. GMMA lines are bullish on the daily as well as the weekly for a breakout. Monthly RSI is nearing a breakout setup Breakout is not a sure thing on this one. If you enter the trade manage it with a proper stop loss. I think I would initially...
Stick the trading plan Only buy with rising volume on RSI breakout(green), Price action breakout, and rising volume. Comments are appreciated. Like if you find this interesting. Blessings!
Just practicing some technical analysis on this chart to see how good of indicator the uniformity line proves to be. Uniformity line seems significant. 100 moving average seems to provide significance as price action tends to dance around that area.