KIKABOON

KIKABOON

We have seen multiple waves of selling with the symmetrical triangle looking to narrowing the range. The selling wave has dramatically reduced and there is a strong wave of buying starting since March this year. Toward the end of July, we will be expecting the earning report. The breakout generally occurs in the direction of the existing trend, and I will take...

KIKABOON Updated 

Using Bollinger Band and the combination of the Relative Strength Index (RSI) above will help us to better time our entry and exit points. RSI is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock. A reading close to 70 can be interpreted as overbought or a bullish trend...

KIKABOON Updated 

This stock has been tanking down since the news of its executive chairman has been involved in a investigation by the governmental authorities. From the daily chart, buyers are coming into YZJ, pushing the stock from 15 Aug to 19 Aug. This is a trap for the retail trader to chase YZJ. Based on the hourly chart, sellers are slowly transiting into buyers. We might...