Panjang

UBA Looks Good for the Long

14
Based on my indicators, UBA is poised to head up in nice fashion. IF, trap plays don't overtake it.

My heads up that a reversal is approaching is:
1) SMA's 2,4, 6 have changed color
2) StochRSI is at 0
3) DPO is at a low

My entry is based on a multi confirmation:
1)StochRSI has come off of 0 to 30.00
2) DPO has made its first move off its low. This is a key confirmation.
3) better yet if SMA 2 has crossed 6

Indicator Settings:
Renko chart style. I set mine at 26 to play the longer trends.
SMAs = 2,4,6, 33 (instead of 33 you can 20 or 50)
StochRSI = k=2, D=3, RSI Length = 1, Stochastic Length =2
DPO = Length of 1 with Gaps on

DISCLAIMER: I do not hold this stock as of this post (after hours 3/16/2023) and no intention to enter tonight.

Penafian

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