15/10 Analysis : NAS100USD
Monthly
1. Strong uptrend (above 20MA)
2. Candle 3/8 close above 1/7 high. Candle 1/9 test the previous resistance (11071.2). Candle 1/10 bounce off RBS
3. Currently creating higher low
4. No buy confirmation candle
Weekly
1. Strong uptrend (above 20MA)
2. Candle 21/9 bounce off 20MA
3. Combine candle 24 and 31/8, you get a doji (gravestone)
4. Cup/saucer pattern from 31/8 - 12/10
5. Rejection of higher price (long upper shadow) emerges from 12050
6. Volume decrease as price advance
Daily
1. Strong uptrend (above 20MA)
2. Currently price retrace/pullback to inverse head and shoulder neckline (previous resistance).
3. Cup and handle breakout at 12211
Hourly
1. Weak uptrend (above 200MA)
The Game Plan
I plan to buy AAPL and NVDA only when the stock and the index both reach the pre-determine conditions. I see 2 buying opportunities
Inverse head and shoulder
1. Price test and bounce off previous resistance @ around 11550 AND
2. Entry only after the completion of reversal confirmation candle
Cup and handle
1. Price break out from cup and handle resistance @ around 12211
Monthly
1. Strong uptrend (above 20MA)
2. Candle 3/8 close above 1/7 high. Candle 1/9 test the previous resistance (11071.2). Candle 1/10 bounce off RBS
3. Currently creating higher low
4. No buy confirmation candle
Weekly
1. Strong uptrend (above 20MA)
2. Candle 21/9 bounce off 20MA
3. Combine candle 24 and 31/8, you get a doji (gravestone)
4. Cup/saucer pattern from 31/8 - 12/10
5. Rejection of higher price (long upper shadow) emerges from 12050
6. Volume decrease as price advance
Daily
1. Strong uptrend (above 20MA)
2. Currently price retrace/pullback to inverse head and shoulder neckline (previous resistance).
3. Cup and handle breakout at 12211
Hourly
1. Weak uptrend (above 200MA)
The Game Plan
I plan to buy AAPL and NVDA only when the stock and the index both reach the pre-determine conditions. I see 2 buying opportunities
Inverse head and shoulder
1. Price test and bounce off previous resistance @ around 11550 AND
2. Entry only after the completion of reversal confirmation candle
Cup and handle
1. Price break out from cup and handle resistance @ around 12211
Nota
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.