REVIEW $COSTBearish
Fundamental
- Negative P/FCF
- Negative PEG
- Mid industry group
TA
- Momentum divergence
- Price below neck line
- Break of channel
Momentum divergence is worth taking note. First sign of weakness or strength !
Momentumstrategy
CAD JPY long There is an increase in the momentum of buyers and a decrease in the momentum of sellers
and buyers appeared and the price is now moving in a range
Logically, the buyers outperform and the price rises to break the top, and maybe to the 127 Fibonacci level
REVIEW $TAIEXBearish
Fundamental
- $Taiex bigcap are mostly semi-con whereby most are over-valued during the pandemic
- Now that demand are declining, there will be a surplus of supply > demand and looking at the coming recession / stagflation in the US. Taiwan being US semi-con partner. It will not go well with the GDP
TA
- Broke of major upward trend losing momentum
- Form a rising wedge and broke down
- Divergence in momentum theory indicator
- Price did a rebound and unable to clear 0.5 fibo goes to show that this down trend is pretty strong
Love Taiwan
But will see a big decline in their economy in the coming 2-3 years. It will show in the country GDP as a big part of their economy depends on Semi-con
WATCH $KDPBearish
Fundamental
- Negative PEG
- High P/FCF ratio
- High PE ratio
- Stable earnings
TA
- Rising wedge
- Momentum divergence
- High volume spoke on breaking down
WATCH $BCEBearish
Fundamental
- Negative PEG
- Funds distributing
- Negative earnings
TA
- Broke upward trend line with volume
- Momentum theory negative
WATCH $DQBullish
Fundamental
- Positive PE
- Funds accumulating
- Strong SMR
- Strong grp RS
- Top industry
- Leader in its sector
TA
- Momentum climbing out from the woods
- Falling wedge
- Broke out downtrend
WATCH $WSCBearish
Fundamental
- Decent fundamental
TA
- Rejected upward trend line
- Momentum theory divergence
- Price at major S/R
Watch $WMBearish
Fundamental
- Funds distributing
- Negative PEG
- Over-valued
TA
- Double top
- Momentum divergence
- Broke trend line
Watch $WELL Bearish
Fundamental
- Negative PE
- Negative PEG
- Negative P/FCF ( high gearing REITs )
- Funds distributing
- High interest rate ( Macro ) bad for REITs
TA
- Momentum divergence
- Momentum negative
- Fall of channel
- Fall of S/R
Entry trigger : TBA
Watch $OKEBearish
Fundamental
- Negative P/FCF
- Funds distributing
TA
- Momentum theory divergence
- Momentum turned red
- Price falls below upward trend
Bullish
- Strong industry 9%
Watch $NVOBearish
Fundamental
- Negative PEG
TA
- Pin bar rejection
- Momentum divergence
Bullish
- Strong industry
- Leader in sector
- Strong SMR
Watch $AHCOBullish
Fundamental
- 32% industry
- 4% within sector
- Positive PE ratio
- Positive PEG ratio
- Decent cash flow
TA
- Falling wedge pending break from trend
- Momentum still in red zone pending to blue
Entry trigger : TBA
Watch $CSLBearish
Fundamental
- Funds been disttribute
- Negative P/FCF
TA
- Momentum divergence
- Barely holding upward trend line
Bullish
- Monopolized in its industry
- Leader in sector
Entry trigger : TBA
WATCH $PWRBEARISH
Fundamental
- Funds have been distributing
- Negative P/FCF
- Negative PEG
- Overvalued
TA
- Momentum Theory divergence on the way up ( clear sign of pump dump )
BULLISH
- Top industry
- Leader in its group
- Still within uptrend channel
* will wait for more confluences before entry trigger !
WATCH $QFINBULLISH
Fundamental
- Top industry group 88%
- Positive balance sheet
- Undervalued PE ratio
- Positive P/FCF ratio
- Funds are accumulating
Technical
- Broke out bearish structure
- Bearish Momentum Theory turned positive to bullish
- Price above 50MA
- Stage 1
Entry trigger : TBA
Watch $ABCL Potential Inverse H&S formationBullish
- Stage 1
- Decent sector position within 50%
- No longer making lower lows on the weekly
- Broke out of downward trend line
- Potential inverse H&S formation
- Gaining momentum on the upside seen on the Momentum Theory Indicator
- Smart money have been accumulating
- Decent sales
Bearish
- Great if better P/FCF ratio
- Great if lower PEG ratio
- Bearish macro environment
Entry trigger : For members only
$CVS to the downsideBearish
- Broke down upward trend line
- Price below 200MA
- MA forming death cross
- Declining momentum on the momentum theory indicator. Foresee turning red soon !
- PEG ( Price/Earning-Growth ) ratio looking at above 2 = overvalued !
Bullish
- Nil
- Nil
$SHW BEAR FLAG BROKE DOWNBearish
- "Momentum theory" indicator turning red
- Rejected major support / resistance
- Bear flag formation
- Price broke down upward trend line
- Head and shoulder pattern
Missed the entry, BUTScrolling through the big option players and caught BA on an up trend. All signs point to a continuation. I'm getting long on this play on Monday 6/6/22. This has easy momentum to 155. It's below quarterly VWAP. The Volume Profile is weak at the current price. Going to look for price to clear 141 for entry and set 140.70 as my stop. This may come back and flag a bit before it continues up so I don't want to ride that wave. If I stop out no problem I'll wait for another entry.
XAUUSD LONG There is a decrease in the sellers' momentum and the buyers control the price now in a range. If we get a clear break of the range, we can buy
EURGBP LONG eurgbp long
wave analysis
support and resistance
running flat strategy
momentum strategy
