While people wait for short positions - Like what I said last Friday, consolidation will happen over the weekend and I see bullish signals to run over the weekdays towards 40k. This is the same chart na gamit ko since June 8 and I would say that the levels and patterns in the Daily and Weekly intervals are pretty much accurate and consistent since then.
Mid-week Performance Review:
Daily Interval:
We jumped from 34k to 36k since my last post nung Monday but I am still seeing a strong bullish trend considering the uptrend in the stoch RSI currently playing at the 50's range and healthy MACD's. Yung mga naka sabay nung weekend on long position can play thru short term swing trades around 32k to 36k but if not just enjoy the ride! I've added a pitchfork on the chart to serve as guides for support and resistance levels.
Weekly Interval:
The weekly chart suggests the same support levels around 32k and still on its wave to Wave 5 of the Elliot wave pattern unless it goes lower from last week's bottom.
Got my bagger from last week so I am stopping from swing trades until I see a good short opportunity.
Mid-week Performance Review:
Daily Interval:
We jumped from 34k to 36k since my last post nung Monday but I am still seeing a strong bullish trend considering the uptrend in the stoch RSI currently playing at the 50's range and healthy MACD's. Yung mga naka sabay nung weekend on long position can play thru short term swing trades around 32k to 36k but if not just enjoy the ride! I've added a pitchfork on the chart to serve as guides for support and resistance levels.
Weekly Interval:
The weekly chart suggests the same support levels around 32k and still on its wave to Wave 5 of the Elliot wave pattern unless it goes lower from last week's bottom.
Got my bagger from last week so I am stopping from swing trades until I see a good short opportunity.