Strategy Overview: The Frequency Formula
Our trading strategy, "The Frequency Formula," is built on cutting-edge Fourier Wave Transform theory. The strategy utilizes four unique indicators: the Frequency Formula Chop Indicator (FF-CI), Frequency Formula Trend Indicator (FF-TI), the Frequency Formula Volume Indicator with Combined Ratios (FFVI-CR), and the...
Easy stop for 14% first tgt then trailing it on down. Entry on any retest of prior few days support that was broke/ inside day candle. Head and Shoulders toppish :)
$DXC is rounding well, better than $UBER is right now. Looking to go long at market open with the bullish rounding on all indicators. The offset MAs look good, the early onset trend looks good. I think we have something coming. Could be a big move or a small move, but be ready.
DXC has formed a downside flagging formation and has broken through support of the 34.8 level. Before it had held support with only the wicks of the candle cracking it but still closing above it on the day, except for today. I think this is a signal for a further breakdown, maybe down to the 200 sma.
DXC has had a recent runup and has since consolidate into a correction wave pattern. It has posted a higher low and it looks like it will make another push to the high.
$DXC Here's one that broke out on 4/29 that I missed. Lucky for me it pulled back a bit on 4/30 where I opened a position. I am looking to add to that position if it can break above the upper resistance line I've drawn where I have an alert. Earnings are coming up so need to be mindful. You can see my entry on the chart. I'm hoping this will run into earnings, All...
DXC has been consolidating forming a flagging formation. It is only a matter of time before this breakouts out above the 32.5 area towards next resistance levels of 34-35 range. I break beneath the consolidation flag pattern would trigger an exit
DXC has had 5 consecutive green run up days. It had a gap up yesterday and traded today on lower volume. This shows the price action is slowing down and declining while being overextended. Its above its upper bollinger band and beyond 90 on stochastics. This is a criteria for a snapback down towards support at 29.60. If it continues to get bought up beyond...
DXC took a dip before consolidation in early Feb. The recent market has had very little affect and looks to be reclaiming the three major EMAs. Formed a small pennant which it could break in the coming week. Looks like it would be on a wave 5 of 1. Safer play then trying to jump into the high volatility small caps.
DXC has been trading in a tight consolidated range between 25 and 26.5. It is now at the top of the range with a weak overall market currently. I believe this will get rejected off the bollinger band and go to the bottom of the range around 24.5.
is it a reversal of trend. If one looks at the monthly chart, bullish sentiment is intact and so is weekly chart. mind the level of supports and resistances (trenline, fibo level) as indicated on the chart. Heikin Ashi on monthly chart is nice too. Worth investing as the fundamental aspect of this stock is quite impressive. worth every penny i suppose.
I would look to get in at $27 if possible so the risk isn't as much but I don't know if it will go that low. I personally think it can reach $32 easily and have a shot out going farther. On the Fibonacci retracement(3 of them), you can see there are multiple support levels at $28.50. PLEASE COMMENT WHAT YOU THINK!
I think the buyers won't support the price therefore a sell-off I predict the price will go down to $27 where I will be looking to scoop it up at an even better bargain than it already is. I personally think DXC fair value is around $37. But we see resistance levels at $31 so to give myself that extra room I'm waiting until the $27 range. Please do not take this...
Found this on my scanner as well, annotated my analysis on my chart. Need to do more research on the financials but this looks like a good set up and has a lot of potential for recovery.
I don't want to get ahead of myself, but could it be like this? DXC got beaten down by 2020, but who's to say it won't rise from the grave and rally? Looks like a lot of potential upside here. Haven't done my DD on the company fundamentals but I'll be eyeballing this one.
