VALE @ Crispy Potato
26/02/22
THE FORECAST FOR WEEK 1 MARCH 2022 IS = BULL
COMBINED FORECAST FOR MARCH 2022 = BULL (unanimously Bull)
DAYS
WEEK 4 OF FEB FORECAST WAS = NOT ASSESSMENT COMPLETED
PROBABILITY OF DAYS FOR WEEK 1 MARCH = BULL
This week the retracement was completed. Opening Mon-Wed the candles were small and insignificant, running the retracement through its process. Thursday the retracement end corrected with a Bull candle and significantly increased volume. Friday followed another Bull candle. Open was at 50% of the previous day, no tail the candle remained Bull all day, and finished with little to no tail on top. A strong finish for this setup the following week.
OBV is in alignment.
WEEK
WEEK 4 OF FEB FORECAST WAS = NO ASSESSMENT COMPLETED
PROBABILITY FOR WEEK 1 MARCH = BULL
This week was Bull with a tail to the bottom. The candle body was similar to the previous 2 weeks. Volume has picked up from last week. This candle, along with two weeks ago, sends a strong signal to Bears, the Bulls hold the power of play. The next resistance points begin around $19 and up to $21. It is probable this stock will rally up to around this point with little objection.
MONTH
FORECAST IN JAN FOR FEB = NO ASSESSMENT COMPLETED
FORECAST IN FEB FOR MARCH = BULL
The third Bull candle three months in a row, a strong Bull influence. Each month increases in candle body size. Volume is above average. The OBV interestingly is not in alignment, it is sideways with a slightly downward motion. Another note is the rallies are steep, steep rallies tend to create steep retracements = volatility. Also note, this stock does tend to tolerate longer steep rallies. The probability of a Bull March is higher than a Bear
THE FORECAST FOR WEEK 1 MARCH 2022 IS = BULL
COMBINED FORECAST FOR MARCH 2022 = BULL (unanimously Bull)
DAYS
WEEK 4 OF FEB FORECAST WAS = NOT ASSESSMENT COMPLETED
PROBABILITY OF DAYS FOR WEEK 1 MARCH = BULL
This week the retracement was completed. Opening Mon-Wed the candles were small and insignificant, running the retracement through its process. Thursday the retracement end corrected with a Bull candle and significantly increased volume. Friday followed another Bull candle. Open was at 50% of the previous day, no tail the candle remained Bull all day, and finished with little to no tail on top. A strong finish for this setup the following week.
OBV is in alignment.
WEEK
WEEK 4 OF FEB FORECAST WAS = NO ASSESSMENT COMPLETED
PROBABILITY FOR WEEK 1 MARCH = BULL
This week was Bull with a tail to the bottom. The candle body was similar to the previous 2 weeks. Volume has picked up from last week. This candle, along with two weeks ago, sends a strong signal to Bears, the Bulls hold the power of play. The next resistance points begin around $19 and up to $21. It is probable this stock will rally up to around this point with little objection.
MONTH
FORECAST IN JAN FOR FEB = NO ASSESSMENT COMPLETED
FORECAST IN FEB FOR MARCH = BULL
The third Bull candle three months in a row, a strong Bull influence. Each month increases in candle body size. Volume is above average. The OBV interestingly is not in alignment, it is sideways with a slightly downward motion. Another note is the rallies are steep, steep rallies tend to create steep retracements = volatility. Also note, this stock does tend to tolerate longer steep rallies. The probability of a Bull March is higher than a Bear
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