MeggsyLopez

MeggsyLopez

1. Ascending triangle pattern can be seen 2. Price always bounce at the pattern support. 3. No abnormalities can be seen in volume, RSI and OBV. 4. Potential RR ratio is 2.5:1

MeggsyLopez

1. Bullish divergence pattern detected in RSI 2. OBV also showed bullish divergence pattern 3. Price had broke the pattern resistance with a bit high volume than normal. 4. Price had also retested the previous resistance that had been broke but with low volume. 5. Potential risk ratio is 3:1 6. Price may retested the EMA200 in the future. Lets see

MeggsyLopez

1. Ascending triangle pattern can be seen 2. Looking at past history, price will bounce when hitting at the support of the pattern. 3. No abnormalities in terms of volume, RSI and OBV. Besides, volume becoming lower and lower for 4 days and that showed that the selling pressure is becoming less and less. 4. Risk reward ratio is 2:1

MeggsyLopez

1. Ascending triangle pattern can be seen at current price 2. Had marked the probable support for the chart as looking back at past prices, will always bounce at the support 3. No abnormalities can be seen in RSI and OBV. 4. Potential 2:1 risk reward ratio

MeggsyLopez

1. Price getting lower and the EMA200 for now managed to held the support. 2. Bullish divergence in RSI 3. Bullish divergence in OBV 4. Potential play : a) Wait for price to close the gap b) Go long with 3:1 ratio or 5:1 ratio

MeggsyLopez

1. Price making lower low 2. If see monthly chart, can see the price is nicely put in a pennant shape 2. Bullish divergence in RSI 3. Bullish divergence in OBV (people are buying) 4. Potential 3:1 reward

MeggsyLopez

1. Price at MA200 support 2. Price making lower low 3. At the MA200 support, there is a present of small candle but with high volume (anomalies detected) 4. Bullish divergence in RSI 5. OBV increasing while price decreasing 6. A good potential 2:1 ratio play.

MeggsyLopez

1. Example of powerful tools of PVA Analysis. 2. The analysis that can be done are : a) Price making higher high but not followed by volume b) An inverted hammer is formed with high volume (shown selling off by market maker) c) A bearish divergence in RSI d) A bearish divergence in OVB 3. All of this clearly shown that price is exhausted and a retracement is...

MeggsyLopez

1. Combination of PVA is very interesting and powerful tool that we can used to predict the price trajectory. 2. In the example above (LAYHONG, a poultry stocks in Malaysian Stocks Market). 3. This is my analysis on the stocks: a) Price making lower low and retesting a major trendline. b) Low volume while retesting the trendline c) A bullish divergence is shown...

MeggsyLopez

- Potential reversal play for $RAY - Based on MACD histogram divergence (Jesse Livermore method). Will take profit around the confluence zone of Fibonacci extension and price resistance zone ($2.83), SL @ $2.50 (5% risk) Risk to reward ratio at 3:1

MeggsyLopez

- $MOVR current price is sitting on the daily support zone ($55-56$) - Trend of RSI is on upward manner and also is approaching the trendline support zone - For daily MACD, can see the daily histogram is getting smaller even though price is hovering around the same zone (Based on Jesse Livermore, this shows bearish trend is getting weaker) Potential play that I...