TAIEXConsolidation range 21.496 - 21.879
Distribution phase
Resistance 21.942
As long as price can't breakout base price. And below 21.496
Price will retest 20.885
TAIEX rejected supportby the price movement, Taiex is moving no trend. we foresee that Taiex has the potentianl to chase the classis resistance area. the momentum indicator is pointing up near the oversold area. the indicates that taiex has a chance to chase the target resistance 15,475 and support area will be around 14
TAIEX: Structured long term buy opportunity on Taiwan stocks.The Taiwan stock market is trading on a very standard long term 1M Channel Up which is currently neutral close to its median (RSI = 50.364). We see a very reliable buy signal pattern. Each Golden Cross (MA50 over MA200) has a distance of roughly 950 days from the Death Cross (opposite). The Death Cr
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Displays a symbol's price movements over previous years to identify recurring trends.