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What's UP n Down trending in Stocks?

PureBULL ...
Publish date: Mon, 17 Aug 2020, 05:30 AM
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What's UP n Down trending in Stocks?
the 1st principle in stocks, by the # of pure math that repeats.
 
1. Downtrending stocks can REBOUND
i.e. there could be up to 2nd to 3rd HH, max at 4th HH then Correction, CN takes over again.
If CN is shallow then BIG thing could happen,, 
n by which time the weekly macd should be very close to 0 axis = the great divide.
n if price is steady eddy with weekly RSI14 > 48% for weeks = a foundation is established for good times, 
n > 56 to 68.8% is preparing to fly
> 68.8% = fast n furious flying journey could start...
 
2. Staircase Analytics can help at all times i.e.
 
a. UPTRENDING begins with 1st step up the staircase i.e.
1st HH then 1st HL to be followed to 2nd HH, n beyond to a series of HH values.
Take risk, Entry pts r at HL n at about macd GC pts of 3 or 4 hr n faster signal can be at 2 hour chart.
 
b. Down trending starts with 1st step down from the top prices i.e.
1st LL then 1st LH n continues downwards, to a series of LL prices. 
Exit pts r at LH.
 
STOCKS could be easier to deal, with this simplest pic:
1st HL n also at BO pt to the next HH = enter
1st LH n the next LL = exit
 
NB:
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Discussions
5 people like this. Showing 15 of 15 comments

Philip ( buy what you understand)

Why drop from 24 to 18 after big QR sifu purebull?

2020-08-17 06:52

mf

becarefull

2020-08-17 07:38

greedy44444

Vaccines from Russia, China, US and Germany coming very soon....take your profit before C4 plunge again

2020-08-17 08:52

greedy44444

All the assumptions about ASP and earnings next year will come to nothing when so many vaccines are available in the market early next year

2020-08-17 08:53

stockraider

Remember the longer u take to lari kuat kuat...the more losses u will kena mah...!!

Gloves already turn negative mah....!!

Run fast fast loh...!!

2020-08-17 18:09

lextcs

There's 7 listed gloves manufacturers... u forgotten abt adventa? Anyway adventa belongs to top glove

2020-08-17 21:20

Russel

Yup, well prepared for this round 3, appreciate this piece of valuable insight!

2020-08-17 21:54

kymtrade

let's hope today wont pecah the floor...supermax already pecah the RM17 support yesterday

2020-08-18 06:31

Babi Shark

there will be season 3 but duno when will it be.

2020-08-18 07:10

Jackthejeep

glove time to adjust back to fundamentals, in post Covid world, gloves are not the only business earning good profits

2020-08-18 07:50

Jackthejeep

those who say gloves so good, pls continue hug, with those big big PE, slowly wait

2020-08-18 07:51

lextcs

if its too heavy how to fly? jump also cannot liao.

2020-08-18 08:24

power88

fly

2020-08-18 10:22

al8800

great info purebull, thanks

2020-08-18 11:49

JustAPasserby

Just sell la.....fake rebounce

GLOVES ARE DEAD :P

2020-08-18 12:57

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