For someone who doesn't know RT indicator:
RT is a VectorVest technical indicator that computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements day-over-day, week-over-week, quarter-over-quarter and year-over-year. If a trend dissipates, RT will gravitate toward 1.00.
RT analyzes a stock's price trend. Z1P.AX has a Relative Timing of 1.99, which is excellent on a scale of 0.00 to 2.00.
Z1P.AX has done very well since the last crossovers near 28 Dec 2017: WMA (10&30), DPO, MACD. The value of RT hit 1.99 on yesterday.
If the price today closed higher than the last closed price. Z1P will have a higher chance to reach the resistance line of the blue channel.
Please note that RT = 1.99 is considered overbought, and RSI = 89 at this moment.
As OBV rising, I won't consider too much on overbought. A target of 1.35 is reachable in the next few days. Therefore a return of 100% in 1 month is reachable.
RT is a VectorVest technical indicator that computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements day-over-day, week-over-week, quarter-over-quarter and year-over-year. If a trend dissipates, RT will gravitate toward 1.00.
RT analyzes a stock's price trend. Z1P.AX has a Relative Timing of 1.99, which is excellent on a scale of 0.00 to 2.00.
Z1P.AX has done very well since the last crossovers near 28 Dec 2017: WMA (10&30), DPO, MACD. The value of RT hit 1.99 on yesterday.
If the price today closed higher than the last closed price. Z1P will have a higher chance to reach the resistance line of the blue channel.
Please note that RT = 1.99 is considered overbought, and RSI = 89 at this moment.
As OBV rising, I won't consider too much on overbought. A target of 1.35 is reachable in the next few days. Therefore a return of 100% in 1 month is reachable.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.