wanjebat

wanjebat

- daily chart currently show inverse head and shoulder pattern. - DMI indicating strong uptrend. - Stoch indicating few more days of upward movement until it enter overbought region. - high probability to break out next week. - break out is confirmed if the volume is significantly higher from previous trading day. "Market is always right"

wanjebat

- Currently forming Double Bottom pattern. However it is still not able to break neckline resistance. - Once the neckline is break, it will move higher but if it failed, it will go downwards to support. - Last night resistance testing was failed and the candle forming Bearish Pin Bar. - DMI indicating the uptrend is already started. - Stoch is headed to...

wanjebat

- in Daily chart, since it rebound at Fibonacci .618 from the lowest price, there is high probability it currently forming the third wave of Elliot Wave. - DMI is indicating strong uptrend and Stoch indicating there is few days of uptrend before market decide to continue uptrend or to do correction. - RED resistance lines are for reference to exit and reentry. -...

wanjebat

Analysis - At the last stage of pennant pattern. - currently trying to test resistance trendline. - high chances to move higher in the event of breakout from resistance trendline. - if testing fail, it will move downwards to support trenline. - there is probability to go downwards beyond support trendline if the earning was not good. - in case of breakout...

wanjebat

Analysis - currently at last stage of forming inverse head and shoulder - the Stoch indicator was crossed yesterday indicate that it is ready to move higher. - risk of going downside is still there but reduced. - it may fall to the support trendline if market still not okay. - The chance of going higher will increase in the event of breakout from resistance...

wanjebat

- currently forming inverse cup and handle pattern. - currently in the middle, either going to break trend resistance or break trend support. - eventhough rebound at support, DMI and STOCH (weekly) is currently moving downward direction. - bearish signal is stronger - wait for break support to Short, wait for break resistance to Long. *Fundamental Tips: -...

wanjebat

- nicely forming pennant pattern. - first 2 summit in PINK could be the Corrective Phase. - The last smallest summit in BLUE could be the First Wave. - Second wave is currently at Fibo line 0.618. - Since DMI+Stock (Daily & Weekly) is going downwards, high probability price will stay just above the support trendline for a while. - however, the next movement either...

wanjebat Updated 

- the forecast direction is currently in hang in the middle. - it depends on the outcome of the earning. - for safe plan, EP after earning. - however, all indicator indicates that the direction is going downwards. - it can drop until around $533. - STOCH (daily & weekly) indicates downward movements.' - DMI (daily & weekly) indicates downwards movement. - best...

wanjebat Updated 

- forming double bottom but not complete yet - wait until it BO $145 - then follow trend or TP at any resistance you like. - for short term plan, advised to EP after earning.

wanjebat Updated 

- watchout for resistance in redline (TP advised for fast play) - Watchout trend support and resistance (TP advised at resistance) - re-enter after in case of BO. - Arrows showing the forecast movement. - if the movement went downward after testing trend resistance, wait until it rebound at trend support for re-entry