JChartWithU

JChartWithU Jun 9, 2020

The stock is trading within a short-term bullish channel (formed since Mar 2020; purple line) and has broken above a long-term bearish channel (formed since 2017; pink lines). In addition, the prices have just broken above horizontal key levels at $33.38 and $33.97 with a larger bullish candle yesterday. The lightning cloud is above the thunder cloud and is...

JChartWithU Jun 9, 2020

The stock has just broken above neckline ($65.83)of an “Adman & Eve” pattern with a larger candle. The lightning cloud is above the thunder cloud and is heading upwards with narrow shapes. Also positive, the future cloud of thunder cloud is also heading upwards, indicating that the upward momentum is getting stronger. The 50-day (blue line) moving average is...

JChartWithU May 13, 2020

The stock has broken above both lightning and thunder clouds, a bearish channel (formed since 2019) and the upper boundary of an inverted head and shoulder pattern, which is also the upper boundary of a rising wedge pattern. In addition, the lightning cloud has already crossed above the thunder cloud and both Span A and Span B are heading upwards with a narrow...

JChartWithU May 12, 2020

The stock has formed an inverted head and shoulder pattern in Apr, 2020 and turned the outlook to positive. The prices are supported by a bullish trendline, which also confirms a positive trend. In addition, the stock has broken above the upper boundary of a bullish flag pattern and has just broken above the lightning cloud with a larger white candle. The 50-day...

JChartWithU May 11, 2020

The prices formed a double-bottoms reversal pattern in April, 2020 and has just broken above the 250-day (red line) moving average and the upper boundary of a rising wedge pattern. The lightning cloud has just broken above the thunder cloud with a narrow shape and is heading upwards. The future thunder cloud has twisted to bullish, while Span A is heading upwards....

JChartWithU May 8, 2020

The stock has just broken above the upper boundary of a rising wedge pattern and the 61.8% retracement level between Feb 2020 high (Point A) and Mar 2020 low (Point B) with a bullish candle. The Lightning cloud has crossed above the Thunder cloud and is heading upwards with narrow shape, indicating that the short-term upward momentum is getting stronger. On the...

JChartWithU May 8, 2020

The stock stands firmly above the lighting cloud and a short-term bullish trendline(formed since Mar 2020). In addition, the prices have just broken above the horizontal resistance around 7768p. The daily RSI also stands firmly above its neutrality level at 50% and is heading upwards. The MACD is above the 0-level and is signal line, while the MACD histogram is...

JChartWithU Jan 10, 2020

The prices has just broken above the neckline of a round bottom pattern with a large-sized candle on Friday. Share price is likely to challenge its next resistance around 63,000 (127.2% Fib. extension by using points A and B). Disclaimer: The above analysis is for reference only. Please exercise caution and prudence in making your own investment decisions