Milo's TA discussion and sharing thread

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Hi Pros, can kindly TA Dukang? Looks like got some potential gains.
And is it a bad time to buy since Bernanke's meeting is on Tuesday and can potentially screw up the price patterns? Thanks :)

This is my interpretation. Or is it too early to draw channel with only 2 points?
dukang%20buy.PNG
 

remy3413

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Hi Pros, can kindly TA Dukang? Looks like got some potential gains.
And is it a bad time to buy since Bernanke's meeting is on Tuesday and can potentially screw up the price patterns? Thanks :)

This is my interpretation. Or is it too early to draw channel with only 2 points?
dukang%20buy.PNG

the volume is getting smaller....
 
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Sinkie

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Hi Pros, can kindly TA Dukang? Looks like got some potential gains.
And is it a bad time to buy since Bernanke's meeting is on Tuesday and can potentially screw up the price patterns? Thanks :)

This is my interpretation. Or is it too early to draw channel with only 2 points?
dukang%20buy.PNG

you are super imposing the support points, a support or resistence must be a fixed + margin of error probably 1-2 bids + take into consideration squeezes too.

B9Eirrq.png


i would draw like that with 56 as very strong support :s12:
 
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Milo-Dino

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BASED on 161.8% fibonacci breakout from all time high of PSI 226.... target PSI is 365

burst ahhh
 

rine5

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hi help ta on m1? 2.92 looks very tempting.

Not an expert but here's my thots on this counter as i'm also monitoring it closely.

MacD bearish crossover at oversold region, Stochastics trending down. 20SMA looks set to form a bearish crossover with 100SMA if it continues to trend down.

Support is at 2.89~2.90, failing which it'll look to test 2.83~2.84.

If it rebounds from 2.90, we'll be seeing a double bottom formation.

I'll still stay by the side for the time being until it breaks above 3.1 but tt's me.

Make ur own decision & stay profitable!!
 
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