Time Precedes VolumesThis idea is based on the article Time Cycle Oscillators, published in IFTA Journal 2018.
As volumes precede prices, the “period of time cycles” precedes volumes.
Hence, the simple harmonic oscillator SHO (blue) is leading to the volume zone oscillator VZO. The latter is created by Walid Khalil.
Negative and positive divergences between the SHO and VZO help in predicting the direction of the VZO. Also, the SHO confirms and shows the significance of the signals which are generated by the VZO. i.e., the encircled sell signals on the chart.
Regards,
Akram El Sherbini
SHO
Blending SHO with WPZOSHO : Based upon Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018.
WPZO : Based upon Akram El Sherbini's article "Wave Period Zone Oscillator" published in IFTA Newsletter December, 2017.
Signals
The signals of the oscillators can be confirmed when the SHO/WPZO triggers a buy/sell signal, and the WPZO/SHO follows by a buy/sell signal in a relatively narrow time interval.
Whipsaws
The whipsaw generated by one oscillator only is insignificant. If both the SHO and WPZO generate whipsaws at the same time, then most likely it is significant.
Divergences
The agreement between the SHO and WPZO on positive/negative divergences makes them more considerable.
By Akram El Sherbini
SHO breakout ideasSHO looks like it might breakout above the current resistance located at $15.90. STOC shows that current price is not overbought unlikely previous attempt to break out at the 27 April. However, the price might fail to break above resistance, await confirmation on the next trading day
GENE great buying opportunityStart of a long term, high profit trend. Has continued short interest in the face of reg-sho forced buybacks (buy-ins), brokers are forcing people to cover at a loss and now have the stock on not able to borrow lists. At historically low levels with support and high bullish volume. Reward to risk favors the longs, a wise portfolio investment.