Great long signal: Huazhu Group. #trading #investors #investing
Updated
A perfect set-up showing on the Huazhu charts.
The Coppock Curve crossing over the zero line is a great long signal. Although using this on the daily charts doesn't provide the best signals, it's useful when paired with the weekly charts (I'll attach that below). In short, a long position crossover on the daily charts should match the trend on the weekly charts.
In this case, the long signal on the daily Coppock Curve is matching the up-trend on the weekly. To make the signal stronger, the weekly is about to crossover the zero line as well.
Also need to include that Both the weekly and the daily have a nice uptrend, and that prices held up on the last significant support level.
The Coppock Curve crossing over the zero line is a great long signal. Although using this on the daily charts doesn't provide the best signals, it's useful when paired with the weekly charts (I'll attach that below). In short, a long position crossover on the daily charts should match the trend on the weekly charts.
In this case, the long signal on the daily Coppock Curve is matching the up-trend on the weekly. To make the signal stronger, the weekly is about to crossover the zero line as well.
Also need to include that Both the weekly and the daily have a nice uptrend, and that prices held up on the last significant support level.
Note
The weekly chart to confirm the uptrend and a long position when crossing the Coppock Curve zero line to the upside on the daily chart.
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