YELLOW BRICK ROAD - MONTHLY WEDGE BREAKOUTS
Vortex indicator is bullish. RSI uptick and MACD curl shows uptrend.
MACD curling on weekly, RSI uptick, VI moving to crossover. Everytime 3.26 has been breached on weekly stock has risen a minimum 80% each time.
3 moves in the past year once CMF falls to support. It bounces off - Returns are 80%-120%
A Symmetrical triangle has developed which 75% of the time signifies continuation of uptrend. Chaikan Moneyflow is increasing over this period whilst volume is thinning. This adds weight to the fact that this is a continuation pattern rather than the 25% likelihood bearish reversal pattern..... On watch!
Clustered candlesticks. Price increase with volume, close on resistance. OBV and RSI uptick. Looks a solid play today!
Broke above resistance with vol. Upward trend confirmed. RSI upturn and vortex indicator cross signalling breakout
Price target is bottom of the gap 1.16, although the full gap to fill is 1.43. SYN marches towards that with momentum increasing in line with volume. At this pace, it won't be long before that gap is filled and we can look up to next target area of 1.6-1.8!