12/27/20 - 1d Time Frame
1. Price action seems to be consolidating at the 151-141 area
2. MACD - lines seems to be converging and histogram seems to show downtrend losing momentum
3. Stochastics at oversold level at the 1day time frame - bullish
**We could see a bullish run once price goes over the 8/21 ema and MACD starts to kiss and point upwards.
Disclaimer:
My post in this channel should not be used as a replacement for investment advice from a qualified professional. All my post is for my own chart analysis practice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice. You, the reader, bear responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
1. Price action seems to be consolidating at the 151-141 area
2. MACD - lines seems to be converging and histogram seems to show downtrend losing momentum
3. Stochastics at oversold level at the 1day time frame - bullish
**We could see a bullish run once price goes over the 8/21 ema and MACD starts to kiss and point upwards.
Disclaimer:
My post in this channel should not be used as a replacement for investment advice from a qualified professional. All my post is for my own chart analysis practice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice. You, the reader, bear responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
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.