Half-a-month Uptrend of 688667
Picked by my open source algo at https://github.com/qingxuantang/Chinese_stock_picker.
RSI and CB Idx indicate a potential uptrend if successfully crossing upwards to the moving average, while the already overbought RSI position should not be ignored.
DO_LB indicates a potential end of the current downtrend period.
Time cycles indicate that there may be a low point by the end of November, therefore the end of this short-term uptrend will possibly end before the first half of November.
RSI and CB Idx indicate a potential uptrend if successfully crossing upwards to the moving average, while the already overbought RSI position should not be ignored.
DO_LB indicates a potential end of the current downtrend period.
Time cycles indicate that there may be a low point by the end of November, therefore the end of this short-term uptrend will possibly end before the first half of November.
Trade closed: target reached
The idea finally reached to its ideal position despite the initial drawdown, which is understandable and predicted due to overbought position indicated on the RSI chart.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.