Trend: Uptrend, 20ma up, MacD above 0 Support: 4.34 (20ma), 4.24 (50ma) Resistance: 4.50, 4.68 Observations Candlestick – Long black candle. Histogram – 4Rs. No Bearish Divergence. RSI – Just turned down from overbought, around 60%. No Bearish Divergence. Stochastic –No bullish crossover. Bollinger Band – Close to mid band. Conclusion: While our market is [...]

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Again, as requested by a reader. This post is specially made to help readers to understand a certain “Accuracy” in understanding the market sentiment using proper TA techniques to chart. But take note that this is an analysis. Not a call to buy or sell. In order to understand whether this is a good buy [...]

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