Over the next few days I see a reach for the .5 Fibonacci level (1.90), or the Pitchfan line; whichever comes first. Heavy support from at 1.80 from longterm fibonacci level. I believe the overall trend is still bear for this penny stock, but for the interim its bull.
RSI, CCI, Slow Stoch all point to bull range for a bit. I'm guessing by 12 tomorrow
Daily indicators are showing strong bearish signs. Hourly and minute indicators are showing the opposite. I'm therefore assuming a bull will be loose for the next two days (maybe three), then it will break for the median and lower support levels.
Not much into harmonic theory, but this is a clear AB=CD pattern. Strong correlation between price action and downwards pitchfork. RSI, Stochastic, CCI, and MACD are showing signs of retreating from their overvalued status.
In short, the next few days will be in a bearish or sideways move. I'm predicting a strong correction to the median line in the next week or so
Been following stocks (nonactive) for ten years. Now am moving to swing and day trading. Thoughts? I'm seeing a clear HS position downward, probably rebounding up afterwards (due to strong US economy beyond energies)
Okay, So... which harmonic type did I choose here? Tradingview does not show the fib height breakdown between XA, AB, etc; but instead shows the XB, XD, BD, AC lengths... Does anyone have any good websites, video tutorials, or books to read to better understand and practice harmonics???
A lot going on here. In synopsis: Andrew Pitchforks (Large and mini) are showing sideways or downward trends. Mini H/S showing signs of downward trends. Fibonacci Support at 16.88, with resistance much higher around 20 Fib Arcs are conforming lower and upper resistance in next few days. Action Reaction Method agreeing with potential Upward trend in the near...
Synopsis: RSI, Stoch, MACD all point to up trend. (Strong signal) Fibonacci confirms strong levels of support (26.70) and Resistance Pitchfork showing downward and sideways trend, with price on the median. Fib arcs show upcoming resistance zones (counting one we just entered) I labeled the action reaction lines to help better understand what I was and am...
in continuation of my previous post: Based on dailies, I'm showing a reoccurring 3-5 day retracement after every 6 or so push up. With that (and the macd, stoch, cci, and rsi), I'm continuing to assume a short position for the next day at least. Long term, there might be a swing back as I note with the ABC line. Let me know your thoughts
Strong signs of upward mobility, strong indicators of bear territory. Andrews Pitchfork Downward over the long term. RSI, CCI, Stochastic are showing reversal from bull to bear. Schiffs Pitchfork touch on the median, showing clear reversal over the next day or so. Touch on the 2.09-2.20 resistance region. Upper resistance at 0.618 pitchfan level. Upwards...
My data miner is showing high probability, based on last 20 years, of VOD going up Longterm neutral Andrew's Pitchfork at roughly 33.50; Shortterm schiff's pitchfork bullish (and below price action); Showing strong support/resistance at fibonacci levels ActionReaction showing a downtrend yet realized that should end around 4/22. Fib Arcs showing strength by...