Sygroup, momentum still strong?I made it a habit to place remarks on charts and follow up later... This helps me reflect on whether my analysis or assumptions were correct.
Without marking or taking notes, it's hard to track progress or improve over time... This process keeps me accountable and sharpens my decision-making.
As for now... can sygroup continue its momentum? Maybe, but a pullback looks more likely at this stage... just another wild guess, unless price action confirms otherwise. Watch how it reacts near short-term support or trendline for clues on the next move.
Disclaimer: This is not a buy/sell call. Always follow your trading plan, review your setups, and manage risk carefully.
SYGROUP trade ideas
SYGROUP CONTINUE MARKUPA classic Accumulation pattern of Rising-bottom #2 as mentioned by the late Dr Hank Pruden
As Demand going in by the evidence of Vol (Black arrow)
Price going up
THis is basically an increasing effort with increasing result , always an indiciation of positve demand influx (2nd Wyckoff Law)
In view of that, i am humbly initiated a position as attached
Pure Wyckoff , Anything can happen
**there is still a lot of potential upsde ( 3rd Wyckoff Law, Yellow Arrow)
SYGROUPThe current point exhibits 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.
SYGROUP. AlgoSignal reveals potential uptrendSeveral indicators within my algorithmic system are signaling a potential uptrend. These include:
- Increased volume: Activity is picking up, suggesting growing interest and potential momentum.
- Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory.
These factors collectively point towards the possibility of an upward movement in the near future