really great chart here
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It is above the Ichimoku Cloud, and looks to have formed a simple bullish pattern on the charts. I absolutely love this sweet spot here and the risk is small compared to the reward. It's right at this sweet spot with a ton of buying pressure on the technicals, so it is worth the "scratch" I'll take if wrong going in. The moving averages are all aligned up and...
Moving averages per usual are lining up and the cloud is pretty significant here... Cloud breakouts are great! And so are moving averages!
Check out STO today! There is... potential here. Ichimoku Cloud bull breakout... moving average set-up... looks like a continuation but be careful. 18.26 heavy pm vol.. 18.36 heavy premarket vol.. 18.39 heavy premarket vol
I have NO idea what the fundamentals are on this stock. I only know what I see here on the chart. I am an intermediate scalper/order-flow/tape-reading and technical analysis stock guy. OMEX caught my attention. I've been testing scanning and new ideas. Moving average cross of the ~50 over the ~200. All aligned well with the trend aligned up. Ichimoku Breakout on...
Buying pressure on the tape is suggesting the day's low... the long candle wick here shows it and so does the tape.. lots of buyers at this price level
Stuck in Range Price of gold and oil point in favor of long position Weekly uptrend Looking to buy after piercing range, and pulling back.