I should have waited for the breakout however decided to enter on the new higher high to not to be late for the party, now it looks it bounced back from the upper side of the triangle maybe it is going to be ranging in there for a while, still waiting for the TK cross to happen to give us an other confirmation the kumo twist just occured which is positive for now,...
the price entered the cloud there is no point to be long on this right now according to the cloud
Hopefully it will stay in the upward channel after the bounce on the red line, cloud is green it should bring us to 400
I just opened a position as there is a nice TK cross which is bullish Clous is green Welcome aboard SKYWORKS Next Stop is the SKY
The blue line crossed below the red one which means I should close the trade as it can mean the end of the uptrend and can reenter the cloud and go all the way down to the 340 range and even lower
With the TK cross it started the uptrend possibly take us all the way to top of the cloud
Just in case it drops further I raised the stop loss above the entry level so it will be in profit however i'm still positive that it will print a higher low
lets see if the consolidation is over and UPS can deliver it's parcels to new highs potentially to the top floor or start straight away a new moon delivery mission
Wanted to enter 296 but did not fulfil my order instead started dropping and conversion line appear to cross below the base line will see where it it heading and waiting for new entry.
apparently it was a fake break out to the upside first hit my buy order and then next trading day it hit my stop loss, lets wait to see where it is heading now certainly will wait until the conversion line crosses above the base line.
Kumo twist indicates bright future for Adobe and kumo breakout finally gives us the signal that we have been waiting for I have netered @500 and placed my stop loss below the cloud.
Printing higher lows and higher hows is the first sign of an uptrend, the conversion line has been dancing with the base line for a long time, but now it looks like conversion line has a lift off. We can place a stop loss just below the cloud which luckily not too far from the price now where we can enter guarantees us a nice risk reward ratio.
Expecting to go more up since it broke out from the multi month triangle conversion line crossed above the base line and now it is above the cloud. green line entry and red line is the stop loss.
After this short consolidation period the conversion line crossed above again the base line which gave us a buy signal
however will it reach to new highs? The cloud tells me that it will both conversion and base line pointing upwards and exiting the cloud. As long as apple stays above the cloud we have more potential to the upside and still printing higher lows. I have placed a buy order @130 with a stop loss @113 just below the cloud and the base line.
Microsoft forming the same pattern as amazon after a long consodilation in the symetrical triangle the volitalty is shrinking and the conversion line already crossed above the base line I have placed a buy order @220 which need to be fulfilled once we break out from the triangle
Amazon can break out the cloud and continue to the upside I have placed a buy order at 3280 when we reach that price probably the conversion line will cross above the base line and continue to the upside red line will be my stop loss level, currently it is ranging within the symmetrical triangle I have placed the buy order in case it breaks out
Conversion line Bullish and above base line both are above the cloud and pointing upward I entered at 85 (green line) and have a stop loss below the base line at 80