TWI - Titan InternationalExtremely small company, under $1bn market cap. Not a typical 'tech growth stock' but they have really nice earnings growth and strong estimates for next year, as well.
Purchased a quarter-sized position on Monday as the stock came off its anchored VWAP and was showing extreme relative strength compared to the overall market. The stock is climbing the right side of a nice base that began back in May 2021. Earnings coming up in a few weeks; will need to build a cushion to hold through.
TWI
🏛CRUDE OIL HEAD AND SHOULDERS↘️SHORT🔥
☑️Crude Oil broke out of the local rising trendline
And is trading in a head and shoulders pattern
With an ascending neckline which stands above minor horizontal support
I am bearish biased and I am waiting for the support cluster to break
With an aim of going short on pullback with 3 targets in sight!
SHORT↘️
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Taiwan Weighted Stock Index Daily (04.Oct.2014) Tech. AnalysisThe Taiwan Weighted Stock Index (TWII) Daily Diagram Technical Analysis Training shows the following:
The TWII index has reacted from EMA 200. Now the Index is under the KUMO, has breached the Tenkan Sen and looking for Kijun Sen.
So the first think in mind is the case of a further reaction towards to KUMO. MACD is trying to bull and RSI are is looking higher.
There is no special candlestick pattern except the long green (bullish) full candlestick There is no special general pattern.
Long for Kijun Sen between 0.618 & 0.5 of fib. Stop loss under 9081.