OCK,Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
OCK trade ideas
VCP OCKOCK
vcp pattern/ symmetrical triangle
price action have been showed contraction from the past 2 year in 3 days TF. price action have been tried fbo (sos) to do the shakeout weak hand holder in the past.
currently trading in the zone of support 382 fibo.
a great bo above 455 will be a nice change of trend
however, broken support or cl if more than -8% from ep price even it is good fa counter
OCK - Pre Consolidation BreakoutNO INVESTMENT ADVICE IS PROVIDED
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OCK - Towering 5G CatalystOCK - Major 5G Infrastructure player and truly a hidden gem. With continuous positive news towards the rollout of JENDELA and MyDigital Initiatives, we will see good upside potential.
Breakout from triangle formation to form bullish momentum
Stoch sloping upwards with strong volume
OverSold + Strong Banker Bar
FiFt Green + Buy on Dip Star
Very nice risk reward
Based on Fibonacci Projection , points of interest are as follows.
R1 : 0.575
R2 : 0.670
R3 : 0.730
S1 : 0.480
S2 : 0.450
Fundamental View :
klse.i3investor.com
OCK - Mid-Long Uptrend Reversal ?OCK - An expert in telco infrastructure, with newfound catalyst due to the MyDigital and JENDELA initiatives , has reignited the 5G Theme.
-Recently breakout from symmetrical triangle formation
- Price is moving up slow and steadily
- Firmly above the triangle upper channel (Potential Uptrend Reversal)
Based on Fibonacci Projection , points of interest are as follows.
R1 : 0.580
R2 : 0.640
R3 : 0.725
S1 : 0.485
S2 : 0.435
Short term view:
Indicators used :
Turtle Trading System by kgiap123
www.tradingview.com
Fundamental View :
klse.i3investor.com