jangseohee

jangseohee

Many a time when MACD & RSI reinforce each others buy or sell signal it is almost 99% very profitable

jangseohee

After breaking out of the uptrend channel, the price of CHD just roam around the upper channel support. However, MACD & RSI are giving waving reg flags more aggressively

jangseohee

The confluence of mid-term uptrend line extended from Nov 2012 and the resistance turned support line at 4364 gave the bull a strong platform to keep running Next, resistance 4610.39

jangseohee

A stock screening of trending stock, one of the candidate is CELG Oh yes, all emas are curving up, very strong bull trend, it will keep going up.. I prefer to take the contrarian approach by shorting, knowing the possibility of another spike as RSI has some room before reaching the resistance. One can buy "cheaper put options" when there is bull strength 1 & 2 are...

jangseohee

one of the stock in all time high list but bearish divergence lurking take note of the MACD & RSI to check whether it can break through the resistance..

jangseohee

Many a time, trader are told that we should not be averaging. But again there is something they left out i believe. Averaging is workable on 2 conditions IMO: 1. I can stomach expected loss initially 2. Only average very near to market top or market bottom I am ready to short again when price hit 220.

jangseohee

SPX is a very good bull flag cloner Unless the swing low at 1900-1910 is taken out by another low, major correction has not come yet.

jangseohee

I said it before: During an uptrend when moving averages deviates very far apart of each other, thats when the bulls are in euphoric state. And sudden price plunge will come out of no way. Identically, in a downtrend when moving averages deviates ver far apart of each other, the investors who are despair feeling the end of the world, and out of the blue.. the...

jangseohee

Price of yahoo did break up of the old resistance at 41.26 registered in early Jan 2014. But the purpose of the break out is not to continue the uptrend but to trap bulls and clear the stop loss of shorties On 19 Sept, a big red candle with volume send the bull below that resistance again, the bulls are not happy, attempted to retest but got rejected twice in two...

jangseohee

1. Mid term uptrend line broken 2. Retest back to uptrend line - rejected 3. Evening star when 8ema & 20ema are sloping down 4. 50ema rejected

jangseohee

I wish Tradingview has a list to choose from Number of stocks "BELOW" 20, 50, 100, 150, 200 moving averages

jangseohee

I shorted immediately after seeing a double divergence @ strike price 208 as a result of my impulsiveness, price of CP shot up to 210.5 and i was at paper loss of 150 momentarily. But having a declining MACD backing me up, i just stay on and wait patiently. Took my 50% profit when price hit 50ema yesterday. Two important candlestick pattern at the top. Bearish...

jangseohee

Only a coincidental observation The last time Russell 2000 give a price action bearish divergence to other indices - DJIA, SPX & COMP the stock market skydive. Now, Russell 2000 had just given yet another price action bearish divergence and the major indices panicking

jangseohee

i am getting a mix of information here. Dow theory said that in an uptrend we see successive higher high and higher low. Yes In a downtrend, i see a bear flag 99% completed. So how?

jangseohee

Though this ETF has commenced trading since May 2013, i only came across it today A standard chart that is used to help confirm the overall market trend is the Momentum Factor ETF (MTUM) chart. Momentum Factor ETF is an investment that seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks exhibiting relatively...

jangseohee

Price of Airgas stalled since Jan 2014 but momentum keep moving down. Either there will be another higher high to complete a MACD bearish divergence (macd lower high) OR the price just will correct to 20ema around 100, or 50ema around 90 dollar.

jangseohee

Yes, the phrase sound familiar, it's from Warren Buffett. Using technical analysis, i can relate to why he says that. (moving averages are too far apart) US dollar index has been on jet fuel run since Bottom in May 2014. The price has move parabolic since Mid August. MACD keep making higher so as histogram until the last bullish candlestick before the DOJI. At...

jangseohee

risk to reward 1:5 loss 0.34 vs take 1.69