Slight possibility of price reversalHope all is well. Bullish engulfing candle at the bottom of an upward parallel channel, and Bollinger Band. Stochastic RSI and RSI are in oversold region. Bottom indicator is flashing. Not too sure, but there is a slight possibility of a price reversal. by paper_Trader17750
Long STGW at 7.02 (oversold) - sideways + up is beautifulWent long STGW at 7.02 at the open this morning. Nice, pretty zigzag sideways trend has produced 55 buy signals since the beginning of 2023 and all have been profitable. 44 of 55 (81.8%) have been profitable in 10 days or less, most in 3 days or less. The short term trend over the last 10 months is up, giving a little more love to this signal. I'll add if it stays oversold, but I won't wait until overbought to sell, just until profitable. Will post more details on the previous signals later. Longby redwingcoachUpdated 0