WKLY - double bottom. Developing OBV bullish divergence (MACD divergence far to formed) DAYLY - IS blue. 25m - uptrend. OBV - several uncleared up POCs Potential entry based on price action on the 25m chart.
MTHLY: Developing MACD bullish devergence. September XOver @295.87 - October XOver @ 282.03 (below current levels). Potential minor tail formation. Price at suppot level. WKLY: OBV bullish devergence. IS blue Daily: IS Blue Most OBV POCs are above current levels. If this goes up it could go up pretty solidly.
Guys Keep an eye on this stock. Below my analysis: 1. Price close to all time low - (see monthly support) 2. Potential formation of a bullish false breakdown on the weekly - MACD and OBV positive divergences 3. Tail on the daily 4. POCs of past days is higher and has not been cleared 5. Too early to go long. IS is red on all time frames A considerable move...
Hi Guys Below my analysis: Monthly: Price at support levels. OBV bullish divergence Weekly: False breakdown with bullish MACD divergence (both histogram and lines). Nice OBV bullish divergence. RSI just crossed the 30 level Daily: Fresh MACD lines bullish crossover. RSI above 50. On the negatives: strong resistance just above current levels (13 EMA on the...
Hi Guys, Below my analysis: Wkly chart - MACD and OBV bullish divergence. Elder Impulse system turning blue (allowing long positions) @ 14.74. Daily chart - IS blue (turning red @ 13.87) - long position is allowed. Fresh MACD signal line bullish cross. Entry @ 14.76 Stop Loss @ 13.73 Take Profits @ 16.94 On the negatives: beware of the earnings call scheduled...