forming wave 2 of one larger degree. a potential of flat correction 3-3-5 is underway as the retracement is capped up to 38.2% fibo.
-buy on weakness / add position
Go long
-above 100ema
-price traded above Kumo
- senkou spans rise at angle 45 degree and merged.
-tenkan n kijun too
-breakout from falling wedge pattern ( not drawn)
- DMI and RSI showing good momentum and RSI will remain in the overbought region for quite sometimes if momentum is strong.
- f.float 36.6%
in short LWTG!
go long- sengkou span A has crossed above senkou span B.however the angle is not steep. price traded above Kumo, and clear skies overhead. chikou has crossed above the Kumo and seeing no resistance overhead. RSI & dmi showing good momentum. RRR definitely worth it!
Tp - 0.85
SL 3- 0.55 below
-Since the buy signal sparked in feb 2021, after the long time consolidation period, the stock has formed a top saucer pattern from march through june 2021.
-Stock made a peak in mid march and may before falling and made a rebound respecting the 1/3 speedline that served as a support.
-the recent trading day with the appearance of Marubozu has generated a buy...
-Overview of the Greenyb daily chart is bullish given that the stock has been travelling in an uptrend channel making a higher low structure since April 2020.
-Chikou line is well above the other lines and as well as above the Kumo clouds suggesting there is no overhead resistance ahead.
-Current traded price is well above the Kumo cloud which marks a bullish...
