amjoe

amjoe

wait for the trendline to be tested again.. Buy on Dip

amjoe

In monthly time frame the trend looks promising with a bullish pin bar formed and spotted. A long time investment will surely pay the holding time.

amjoe

once the price breaks the neck of the double bottom, high potential for it to be uptrending

amjoe

Price Action Manipulation.. reversal pattern. Medium term holding. Gap will surely be filled.

amjoe

looks like double bottom is in the formation. Its a good trade to LONG

amjoe

am waiting at fibo 0.618 and this is so consonant with the neckline od previous W pattern

amjoe

the price rejected the resistance and now retracing back to support rounding bottom. The strong fibo 0.618 triggered. Time to LONG? yes.. for investment.

amjoe

George Soros bought this in March. Trendline resistance has broken- rocketed and now retracing back to the previous resistance as a new support. Been testing the new support. and Fibo level is 0.618 - a great level. Worth to invest in it.

amjoe

current price is testing the resistance. note the PSAR. will there be a rejection. i think so.

amjoe

the chart proves that everytime higher highs broken, the price will retest it as support and fly back. note the pull back

amjoe

quite good fundamentally. the price action is now testing the fibo level. the 3 main significant levels have been shown on the chart. i will only LONG when it tested the level, and confirmed by the bullish Heikin Ashi and PSAR.

amjoe

pennant breakout pattern. long..

amjoe

is it a reversal of trend. If one looks at the monthly chart, bullish sentiment is intact and so is weekly chart. mind the level of supports and resistances (trenline, fibo level) as indicated on the chart. Heikin Ashi on monthly chart is nice too. Worth investing as the fundamental aspect of this stock is quite impressive. worth every penny i suppose.

amjoe

u can see the from this monthly chart - the price piercing thru the pennant and fly. pennant is one of a great chart pattern that one must be interested of. the price will surely ink higher highs...

amjoe

as u can see.. the price pulled back to the very significant level 0.618 FIBO and bounced back. Now testing the resistance. It might succeed to break the resistance.. or will pull back to the trendline support before hiking up again. Overall.. from a bigger frame u can also spot inverted H&S forming.

amjoe

the price is now pulling back. mind the fibo level if you wish to enter. I myself will wait at 0.5 / 0.618 fibo level . a great company worth investing

amjoe

the price is testing Fibo 0.618 level. Very strong level for Fibo retracement. Am waiting for the trendline resistance to be broken.

amjoe

as you can see, green candles (Heikin Ashi) resurfaced. U may enter a long trade now or wait until the trend line resistance broken. Great for long term investment. As its tagline says "Now Everyone Can Fly".