Hi all, There's just one day ahead of monthly close and right now it's all about that close. If we manage to close at $37,253, we will get a doji candle on the monthly chart and then a pull back makes sense. I bet we will pump at the last hours to get this, just like the past few candles. It looks so engineered to me, given the empty volume candles. I don't like...
The Square Root set-up appears in large cap stocks that underwent capitulation. Because large caps are heavily traded, the high liquidity reduces sharp movements. This set-up is best for position trading and usually is a sweet spot for establishing a core position on a stock that potentially has long runway for an uptrend. Tailwinds: There are reasons to be...
A quick view on the SPX500 future shows something interesting. It is not rock-solid analysis, but just something fishy that caught my eye and I want to share. Discussions are welcome. In the last week, we can see two interesting phenomena: - Big downwards price moves happen with big volume, mostly day time activity(blue) - Big upwards price moves happen with...
Thank you for your continued support :) Strategy: Price Volume Analysis Bias: Bullish, After hit a high of 1.53, the stock price has tumbled down. Today the share price break 1.4 neckline with volume and closed at 1.42. For now, the share price is well maintained on MA5 and MA10. I If the volume and momentum persist, SWC believe there will a positive movement in...
Thank you for your continued support :) Strategy: Price Volume Analysis Bias: Bullish . Salute made a breakout with volume above the resistance zone of RM0.940. SWC spotted this few days earlier and already mentioned in the SWC trading ideas channel. The big player was accumulating the ticket at RM0.935 zone to recharge for a breakout above the resistance. The...
Thank you for your continued support :) Strategy: Price-Volume Analysis Bias: Bullish. MCT traded actively today with huge volume. Price spiked up to 0.340 before retraced. Broke out from the resistance RM0.320 box consolidation, indicating a short term good signal. If the volume and momentum sustained, SWC believes there will be positive movement in near...
I have been following IOTA for weeks now and entered at $0.157. This coin has a high tendency to get to $0.22 as the first target, and $0.3 as a final target before seeing a retracement or if BTC price does not come down because it basically affects altcoins. What do you think? Your analysis are welcome.
Congrats everyone who followed on the recent analysis including OPCOM, WCEHB, ARMADA, DSONIC and more by ShareWorldConsulting. Do follow ShareWorldConsulting to get the first hand information. Let's continue to learn and earn. STRATEGY - PRICE VOLUME ANALYSIS: HIBISCUS, RM0.950 acts as the immediate support and RM0.940 acts as the firm breakout support. After...