Filter 3 combines the conditions of both Filter 1 and Filter 2. It requires that both Filter 1 and Filter 2 generate signals simultaneously. When this happens, it indicates a strong breakout signal with price and volume confirming the upward momentum. TAYOR
Phase A. stopping the previous bearish trend. PS- its the fist attempt to stop the downward movement that always fail. SC- climax action that stops the downward movement. AR- bullish reaction. an up-ward movement that sets the trading range high. ST- test of the level of supply in relation to climax action. establishes the end of phase A and beginning of phase...
Price action has been moving rounding bottom up in this accumulation phase. that indicate a healthy move. Price currently been trading in phase D with sign of strength (SOS) after jump across the creek (JAC), that indicate a bullish changing of character. im expecting the back up to the creek (BUEC) before moving into phase E. 1st TP 0.520. -idea posted as...
The start of 2011 is the start of operation of using multifold gains up and -50% price shedding for an up-down-up-down momentum to shake out the market. This is a very common operation for penny stocks because of its floating volume in the market, gain/loss as a percentage and the psychology involved. In most cases, penny stocks are often the last to run in a bull...
Currently trading at RM 0.060. Now we are at a good support level. Price may go down to RM 0.045 as a bottom price. High upside potential with limited downside. RM 0.270 is a strong resistance. Target - RM 0.100, RM 0.150, RM 0.200 and RM 0.270 Cut loss - RM 0.040 Disclaimer: This is not a recommendation to buy or sell. Analysis or results above are solely...