Looking at the volume profile, it suggests that the trend is heading upward. If buying pressure keeps up, there's a good chance to test the resistance???
There are two possible scenarios: 1.If the price rebounds on Monday, it will likely resume its bullish trend, signaling the end of the correction.??? 2.If the price does not recover, the next support level will most likely be around 5.3–5.4. I think it's 2. Let’s find out!
SIS is currently around a major support level, shown as the yellow dashed line. In my opinion, it is still likely to bounce off this level and test the next resistance. This is supported by a strong and robust volume profile, which, for me, is a sign of potential upward movement. However, SET sentiment and the Thai economy remain weak, and the major trend for...
Today, SIS formed a green candle with a short upper wig. The Point of Control (POC) has moved higher, but with negative delta value (-126.5K), -> suggesting that sellers are still active despite the upward movement. IMO, the uptrend is still in its way, but the question is how far will it go?
Today is the second day of strong selling in OKJ, but there are several promising signs: - The Point of Control (POC) remains at the same level as yesterday and shows a positive delta (more buying than selling). - Despite the red candle, the lower spreads contain a mix of positive and negative deltas, indicating buyers come in. - The price should have...
Support: 14.6 Stop loss: 14.4 if on Monday 10th Feb , opening price is equal or greater than 14.4, it will be a great chance that STA will going up, at least to test the EMA25. Momentum and volume profile on Fri, 7 are very promising, with buyer comes to the place.
Support 3.28 , stop loss 3.20 from this day graph, rsi and momentum have shown divergent trend since new year, with the latest long lower wig with almost all are negative delta values with ask imbalance on the side. IMO, 3 positive deltas make it not that bull, but overall chance will be going up anyway.
For the 1-hour chart: You can see a long upper wick followed by a large green candle and a medium-sized red candle. Even this strong selling pressure, buyers are still in control - supported by a well-shaped RSI and momentum. Over the past few days, the volume profile has shown a promising trend, indicating that buyers are gaining strength. Let’s see if,...
The yellow dashed line shows the next resistance level. IMO it shouldn’t be too difficult for LEU to break through this level. The volume profile has been extremely robust, but some corrections may occur along the way. If there is no aggressive correction and the price moves beyond this yellow line, a true bullish trend may be underway.
The stock price attempted to break the trendline, as shown in the picture, but the volume profile was not promising. Momentum and RSI (not shown here) are still in good shape. However, the latest candle was a small green candle with mostly negative deltas, and the Point of Control (POC-Yellow) also had a negative delta and was declining. I hope the price will...
NNE is moving up to test resistance at 36.8. NNE bounced off the EMA25 (white line) with a promising volume profile. You can see the Point of Control (POC)—yellow label—rising with a positive delta (154.55K). Additionally, all spreads at the upper wick show positive data, indicating that sellers could not overpower buyers. If Monday's opening price is higher...