eshemuta

eshemuta

Just going through the intervals and thought maybe a cup and handle is forming on the monthly chart.

eshemuta

A recent high was confirmed with a overbought signal and price correlating, the price reversed and the overbought indicator correlated price action, price then rose, but RSI did not correlate, thus creating divergence. Edit: possible double top scenario, throw over top too, and the world is going to shit as well Position: Short

eshemuta

Looks like the oversold indicator was a little while ago, and doesn't agree with todays price action

eshemuta

Looks like a breakout 1-Price above Kumo 2-Gap up (small..) 3-200dma trending up 4-RSI >70, but >50 5-Chitou Span > historic prices 6-Forward Kumo Green and trending up

eshemuta

Interesting Convergence A long downtrend is broken at the end of December 2021. This is followed by a small breakout to Kumo Resistance, then a new trendline forms at the bottom providing support. Another trendline forms as resistance, and the two trendlines appear to converge at the recently formed bullish Kumo twist. So, let's see what happens.

eshemuta

Based on a few supports, and a weak resistance. Really good agreement on Price on this day. May drift and may rise to test the Kumo, or drop. small position size and a wider stop and let it play out

eshemuta

In Dec 2012, there was a trend reversal that occurred in Ballard Power Systems (TSX). I plotted simple moving averages and the Ichimoku cloud, in order to find a trend reversal confirmation bar. I chose the week of Feb 4, 2013. The actual low point of the Ballard power downtrend occurred 6 bars prior. The result was 18 matches, one of them was this one, DSCI. ...

eshemuta

A Retailer of building materials/Lumber When inflation hits, the sellers profit the most Long TBL may be a safe bet...

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Kumo Breakout Trading Ranges no breakout Looks bullish if boxes are correct, more candles above midline of 180 day box Price target is mid point of upper box

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Lumber looking very Bullish Technicals look strong Fundamentals look strong (Gov policy, Trucker issues, road washouts in BC in November...) Long Lumber into the building season Long retailers of building products

eshemuta

Closed above Kumo, bullish Heiken Ashi, looks like a cup is forming, if price can make it to 18.8, a double top

eshemuta

If the price closes above the Kumo, and the Heiken Ashi candles are bullish, this may be a good entry point for a long position.

eshemuta

Screener setup for possible trend reversal, daily timeframe. Used a chart from way back in a blue chipper to determine the averages, 4 bars after a low and trend reversed.

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Screener setting Daily This screener looks for uptrend continuations The screener is fairly crude, so I picked a point on the the chart that met these 5 conditions of a Ichimoku signal for an uptrend continuation 1-Price crosses above Kinjun Sen 2 Tenkan Sen Crosses above Kinjun Sen 3 Chiko Span Crosses or is above price 4 Kinko Twist Senko A above Senko B 5...

eshemuta

I plotted a Ichimoku cloud and determined a entry point for a uptrend, then plotted simple moving averages and recorded their values at the same location as the Ichimoku cloud signal. The resulting "MA Stack" was then input into the stock screener and it appears to return results that indicate a strong uptrend is taking place. Moving averages are determined by...

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Testing out the indicator, predicting a rise in price to about 1.4.

eshemuta

Moving averages turning up, pretty solid support, decent time cycle

eshemuta

I try to use the screener with a variety of variables, and the moving average values can sometimes help find a trend, either long or short. This equity may be range bound as it climbs higher, but ultimately, not a lot to do other than hold perhaps, but looks pretty dull, and be patient for a short opportunity but this could be totally wrong and anything can...