DailyPriceActionGuru

DailyPriceActionGuru

Technical Analysis 1. Trend Analysis overall Downtrend 2. Indicator Analysis SMA 5, 10 on daily is too far away from trending, will result in possible retracement (bearish until retracement) William %R shows its very overbought. Volume-> sudden surge in volume could result in great pump and dump 3. Trendline Analysis Broke above (Teal ) trendline (...

DailyPriceActionGuru

The following is just my opinion of how the price would be moving ahead, Simple chart drawing Please DYODD..

DailyPriceActionGuru

1. Trend Analysis Trading range to breakout higher in channel 2. Indicator Analysis Above 200 daily SMA now turned support ( Bullish ) Sell signal from MACD with support of negative momentum from stoch (bearish) High volume coupled with previous gap down(bearish) 3. Candlestick Analysis NA 4. Pattern Analysis -> ABCD pattern could be present if uptrend channel...

DailyPriceActionGuru

1. Trend Analysis Trading Range Since 2013 Jan 2. Indicator Analysis (daily) 100SMA daily strong S&R , weekly closure above May go back to Trading Range Stoch at mid range signaling neither side are winning (Neutral) MACD at neutral level - unlikely for breakout (Neutral) Volume is decent , not super high (Neutral) 3. Chart pattern analysis Trading range triple...

DailyPriceActionGuru

1. Trend Analysis Uptrend channel since 2011 2. Entry Analysis Pitchfork, representing short entries at higher level and Long Entries at lower level 3. Indicator Analysis Weekly 100SMA have proved to be an health indicator for overall direction (bearish) MACD (Bearish) Stoch (Bearish) 4. Candlestick Analysis Engulfing Bearish candlestick (bearish) Expecting a...

DailyPriceActionGuru

Overall Downtrend as long as downward channel is not broken in weekly time frame chart Looking at primary trendline as the final support for entry, this will be a long wait Please DYODD

DailyPriceActionGuru

1. Trend Analysis Neutral 2.Pattern Analysis Possible Inv H&S, 3.61 for right shoulder Possbile Evening Star candlestick 3.Trendline Analysis Primary Trendline @ yellow line for support 4. Indicator analysis (hourly chart) Stoch Rsi and MACD seems to be losing some strength (bearish) Volume is low Probably due to dividend payout 4h SMA 150 seems to goes well...

DailyPriceActionGuru

1. Trend Analysis Downtrend 2. Chart pattern analysis Channel 3. Indicator Analysis Weekly 50 SMA proved to be a strong indicator for breakout( bullish) RSI high coupled with strong vol (bullish) MACD looks healthy with buyer having a slight lead on seller. 4. Primary Trendline(Yellow) Analysis Past history have always showed a bounce off followed by a...

DailyPriceActionGuru

1. Trend Analysis Downtrend 2. Indicator analysis Weekly 150SMA Increasing volume overrated MACD ( Bearish) Overbought RSI w low vol (bearish) 3. Trendline Analysis Due to closure below primary trendline(yellow) ,buyers are afraid of entering as a major drop may happen. 4..S&R Analysis Support comes at Primary trendline (in yellow) Resistance at upper...

DailyPriceActionGuru

DYODD

DailyPriceActionGuru

DYODD

DailyPriceActionGuru

DYODD

DailyPriceActionGuru

DYODD

DailyPriceActionGuru

DYODD

DailyPriceActionGuru

Please DYODD

DailyPriceActionGuru

Waiting for a breakout confirmation to happen before doing my safe entry trading

DailyPriceActionGuru

Weak closure with strong volume