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Re: tothe post# 16415

Sunday, 02/27/2022 3:58:05 PM

Sunday, February 27, 2022 3:58:05 PM

Post# of 23009
JPEX chart~~~ We are in a weak two day reaction high and CMF buying pressure is a disastrous -38% but on a slow climb to neutral. The Elder Chart is in "cautious entry" in a Bear Market below the EMA(65) all because MACD changed fast over slow and with close over EMA(13). So yes, we are at a technical bottom and you have three days to decide & pick your trailing stops North with a stop loss set if support breaks below EMA(13) for the "fast exit". Daily dollar volume is low and trade size is small so present wiggle room is small on the pre-breakout wait and core building for free shares.

https://thepatternsite.com/eadt.html
https://thepatternsite.com/sceadt.html
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:double_top_reversal
chart thread post

* Impulse chart,Daily
https://school.stockcharts.com/doku.php?id=chart_analysis:elder_impulse_system
https://stockcharts.com/h-sc/ui?s=JPEX&p=D&yr=0&mn=8&dy=0&id=p27663336347&listNum=23&a=1118548985