Several indicators within my algorithmic system are signaling a potential uptrend. These include:
- Increased volume: Activity is picking up, suggesting growing interest and potential momentum.
- Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory.
These factors...
The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
This is based on monthly, weekly and daily analysis.
If you're buying, green zone is the TP
If you're selling, red zone is the TP
Monitor for price reaction at every zone, either the candle reaction in that zone want to breakout the zone, or the candle reaction want to test/pullback at the zone.
All the best.
Wellcall - break up done, Up trend may continue
VT Stock indicator is a stock breakout trend indicator for identifying the change of Mid to long term trend direction
(Disclaimer: for demonstrating own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
A strong base company,in industrial product sector.supported by institutional.Increasing sales and profit QOQ and YOY.Price just breakout from pivot point with high volume
MYX:WELLCAL
1. Price chart breaking long term down trend line since 2016.
2. Breakout from sideway box 1.13. If back test can stand above 1.13, uptrend more convince.
3. MACD and RSI good positive look.
4. Volumne analysis show no major resistant until 1.25.
Once break and stand above 1.25 can be long term uptrend.
Welcome to express your view as for...
D point is Fibo Extension within 1.13% and 1.27%.
cutloss is next Fibo ext 1.41%.
Targeted price is Fibo retracement point C to point D within 0.382% to 0.618%.
#complete MYX:WELLCAL
1. TR setup at H4, weekly EMA 12 above EMA 36. Haven't touched EMA and not really significant break, but retrace nicely at RBS.
2. Trendline uptrend and just touches and reverse up.
3. Doji formed and break with bullish candle. Potential reversal at the area.
4. BM Rating 10, Average Target price from i3investor 1.27
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DISCLAIMER
Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to...
In weekly chart it looks to retrace but in monthly chart its set to rise. MACD indicator to overcross in monthly chart, yet it might continuing retrace for a while. Fundamentals looks good as they cant be affected much by Covid-19.
