Triple three corrective wave done! TWSE:3231 Winstron is looking at a possible bullish rebound after the rare triple three extended corrective wave has been completed. Furthermore, the stock has seen a bearish exhaustion and a rebound after it reaches 123.6% extension level, a key crucial target level for terminal end of the corrective wave.
Stochastic oscillator has shown oversold crossover and 23-period ROC is showing bullish divergence.
Bottoming up reversal confirmedTWSE:2303 Micro Electronics is looking at an early bottoming out reversal after price action broke above the downtrend line and today was edging up higher with steady flow of volume. Furthermore, Ichimoku shows steady uptrend and is a strong reversal.
Momentum from long, mid and short-term are looking at a bullish momentum in unison. Long-term uptrend from the weekly chart shows uptrend remain intact.
Bottomed out with strong buyong pressureTWSE:2344 Winbon is strong and strong from the bottom. Ichimoku shows three bullish golden cross and the strong run up from 12th Feb is supported by the spike in volume.
Long-term MACD has turned bullish, supporting the strong run up in long-term momentum.
Stochastic oscillator has confirmed its oversold crossover and is starting to turn bullish.
DMI supports the bullish strength
Long-term monthly chart shows strong upside recovery after the 3-wave corrective structure was seen rebounding strongly at 1-123.6% Expansion of ABC.
Bullish break above? More upside ahead?TPEX:4979 Luxnet had a strong rally above and has break into a new all time high. This confirmed the bullish outlook over the longer-term period and weekly chart shows a potential wave V in the making, with target at 292-336 region.
Daily chart price action shows a bullish continuation after prices breaks above the pennant, with the support of strong rising volume.
Momentum is strong, with long-term MACD rising strongly and Stochastic Oscillator staying elevated above the 50-mid point line. 23-period ROC is strong.
Volume and Directional movement index shows healthy expansion and rising steady strength.
Support at 180 and 165 are key support levels to watch for a rebound
Uptrend is back for the mid-termTWSE:3008 saw a strong bullish recovery after it remain supported above the steady uptrend line which started since May 2022. Above all, the stock has also cleared above the overhead resistance and recent elevation above the Ichimoku's kumo further cement the bullish trend. As such, we are looking at a potential continuation ahead beyond 2,800.
Momentum wise suggest a strong recovery in the long-term MACD and Mid-term stochastic. Directional movement index confirms the bullish strength.
Clear bullish rebound at the bottom, potential triple bottomTWSE:3037 is looking at a strong potential rebound to the upside after prices breaks and filled above the 2 bearish gap on two different occasion. With the ichimoku showing two out of three bullish crossover, the stock is poised to rise further. To add on, the rise today was supported by strong rising volume. Breaking above 170 in the near future will cement the strong upside to come.
Stochastic oscillator has shown an oversold crossover and 23-period ROC has risen above the zero line.
Weekly chart shows a symmetrical triangle in formation and stock remain supported above the 200 weeks EMA.
A P-E BAND FOR 8069.tw E-INKvisualize data that includes PE (Price to Earnings) and PB (Price to Book) band multipliers, monthly revenue, and big shareholder holding rates. To achieve this, we can use Plotly, which offers powerful and interactive plotting capabilities.
Here's an example to create a combined chart using Plotly:
Plot PE and PB Band Multipliers:
Use a line chart to show the PE and PB band multipliers over time.
Monthly Revenue:
Use a bar chart to show monthly revenue.
Big Shareholder Holding Rate:
Use a line chart to show the holding rate of big shareholders over time.
EBITDA and CapexEBITDA and Capex have strong relationship with free cash flow and future Revenue creation. Free cash flow is an indicator of financial health, and Revenue creation is related to profit and stock valuation.
Big_holder/small share is an unique indicator of measuring Stock insider concentration which is updated weekly in Taiwan.