An Uptrend Pattern!The candlestick price indicates an uptrend pattern due to continuous price movement towards the MA20 line with volume.
The RSI is above 50 indexes hence indicating a high buying momentum.
MACD and OBV indicate an early sign of a divergence signal where the signal is matched the price candlestick an uptrend pattern towards the next price resistance.
Let's save SMTRACK in WL and watch out for significant price movement with volume towards the next price resistance.
R 0.240
S 0.185
SMTRACK trade ideas
SMTRACK - Going down soon?Retracement condition :
1) DeviationDivergence+ indicator - red candle triggered today, overall fund is outflow
2) FundFlow+ indicator - Break-down 5-day moving average
Support & Resistance:
S : 0.290 (-3.33%)
R : 0.310 (+3.33%)
Disclaimer:
Opinion above posted for case study purpose. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
SMTrack Chart Pattern1) Again, this stock shows same pattern
2) Very dangerous and uncertain.
3) Long tail and today close price is 0.19..above support line at 0.175
4) Is the same pattern will be formed same as previous?
5) Its time to enter..low risk compared at top
6) But this time, selling volume is the highest compared to its history
7) Strict cut loss if below 0.175
<TradeVSA> SMTrack ready to break resistance?Strength in the chart:
1. Green Pentagon
2. High volume at resistance
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
