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Monday, February 12, 2024 2:22:01 AM
I think this is an excellent pick.
Here is my market analysis for SPY
1. Current price is breaking above the previous long term high of 465.24
2. CMF indicator is just about totally green.
3. Long term moving averages are uptrending.
4. Both the PPO and/or MACD indicators crossed up above 0 signalling the next dog jeg jog of a bull flag pattern.
5. On balance volume and the accummulation/distribution lines are above their averages.
Great success long term success, thanks for pointing the stock chart out to everyone to have something secure to consider in these times where things seem up in the air.
They really aren't. It's all hard-coded in like this. Various factions like sales and marketing types in different contexts trying to create a sense of urgency for own purposes. Especially now with mainstream and social media with instant information connection and access. We hear the noise of people people garnering for attention and funds. A lot like visiting a stock market exchange pit but in a different way. We don't go there but it is forced upon us instead everywhere. Anyhow...
https://stockcharts.com/c-sc/sc?chart=spy,uu[e,a]mhclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b
Everything I said for SPY also works for IMOS as shown but with a smaller audience.
https://stockcharts.com/c-sc/sc?chart=IMOS,uu[e,a]mhclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b
Best wishes!
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