Weekly analysis: 1) Indecisive candle + hammer Daily analysis: 1) Huge hammer volume and hammer on a support line Intra day analysis: 1) In sync with daily 2) Huge ending bear volume
Weekly analysis: 1) Huge red candles with huge volumes. Stock may be tired at this point and may reverse 2) MACD , RSI and FI all traced lower low when the price is at the same low as before Daily analysis: 1) Bullish harami and bullish hammer candle with huge volume near support zone Intraday analysis: 1) Climatic ending selling volume followed by huge...
Entered on 13th Jan. Weekly analysis: 1) Support tested on the big red weekly candle (Long tail) Daily analysis: 1) Double indecisive candle with great volume. Second indecisive cande has lower tail 30 minute analysis: 1) Huge climax selling volume spike on 9th Jan 2) Huge bullish volume spike on 10th jan
Pros: - FI and MACD both trace higher low even when the price is at lower low. - RSI traced double bottom and RSI starting to slope up - MACD histogram in weekly trend has alredy ticked down quite abit (lower potential downside) - High potential profit if prices break above SMA200. Can realistically expect 4R-5R profits Cons: - Volume on red days still...
- Climax selling volume on 8 Jan. On the daily it is a deceiving bullish volume. Dig deeper on 8 Jan 30 minute candle, majority is bearish volume. - Nice hammer with huge volume on weekly chart. - Spike in volume on the huge bullish candle
- MACD and Force index both going up as price traces lower. - RSI break above 30 - Share price declined because of bad leaked data news. (finance.yahoo.com)
- Price bounce off strong support (8 touches) - MACD. FI. RSI divergence - Green cande bounce has higher volume compared to the past 3 red days - Did some FA research and UPS earnings and cash are increasing (financials.morningstar.com)
Pros: - Doouble indecisive candle + a bullish candle with gap - MACD hsitorgram ticking up - Both FI and RSI traces higher value when price is lower (Refer to blue arrows) - Cons - Can't think of anything at the moment.
Pros: - Hammer with decent volume. Slight more than usual - SMA 50 is well respected in the past - Well respected SMA100 makes up for it - Very clear uptrend Cons: - No divergence
Pros: - Hammer like candle with good volume. About x2 the normal recent green days volume - FI Divergence - RSI Similar bottom levels eventough price traced lower low - Acc/Dist traces higher point eventhough price traced lower low Cons: - EMA still pointing down
Pros: - MACD, FI. EMA all sloping up - Bullish hammer follow by a big green kicker candle - Both MACD and FI trace higher lows in sycn with the higher lows candle - Weekly candles loooking decent. Each lower lows traces a higher macd low Neutral: - Volume is quite average on the reversal candles - Potential realistics profit target is pretty average at around...
Pros: - Force Index making lower highs when prices are reaching higher highs. - MACD bullish divergence - SMA 200 bounce Cons: - Stock started to make higher lows. (More bullish) Trade Grade: 6/8 - Profit potential: Average 1 - Divergence: Good 2 - Candle signal: Good 2 - Emtry timing: Average 1 - Counter trend trade?: No (0)
Pros: - MACD and FI divergence - Spinning top/doji + big green candle, followed by a hammer with a really long tail. (Bear lost their strength on the big push down) Cons: - Profit target may be quite limited as the range will only allow for about 1.5-2R until a breakout occur - Not clear uptrend on daily and downtrend on weekly Overall Trade Grade: TBD
Pros: - Divergence on both MACD and FI (see the pink lines on them) - Very nice Doji followed by a bullish kicker - Trending starting to enter a more bullish phase. The low levels are getting nearer (Bulls more and more earger to buy the shares) Cons: - Counter trend trading may have limited profit if the trend doesn't fully reverse. Reversal trade grading:...
Pros: * FI and MACD going up when prices is dropping * Doji reversal that gapped up * RSI at 31 Cons: Taking a little bit more risk by buying above doji high instead of waiting for confirmation. Overall Trade Grade: 83% (10/12) Uptrend: 1/2 MACD: 2/2 Force Index: 2/2 RSI: 2/2 Reversal candle: 1/2 Entry timing: 2/2
Pros: - Strong uptrend confirmed by SMA lines 20>50>100>150>200 - MACD ticking up - Force index ticking up and above 0 - Hammer confirmation (suppor retested and tail did not touch support) Cons: - Hammer volume is relatively low. Ideally a higher volume on hammer would be prefered. I am currently testing the theory to ignore volume and rely more on force index....
Pros: -RSI overbought - MACD and Force Index divergence Cons: - Counter trend trade Overall Trade Grade: 75% (9/12) Trend: 0/3 MACD: 3/3 Force Index: 3/3 RSI: 3/3