here put this in your pipe.
DIMI: what a great day for DIMI a major pop it needed and great close at the high. That's what DIMI needed for a reversal.
1. Fast stoich: started it's reversal from the Oversold (20) position (perfect) now look at the Slow stoich: should give me several days of gains with increase volume...by then Fast stoich is above 80 and on it's way for another reversal
2. RSI:2 and RSI:5 (2 and 5 day moving average) I want to know what's going to happen now, not an average 14 days from now.
PLACE these behind price not above or below. and rsi:14 above or below
RSI2:5 perfect reversal from the base(oversold ) RSI :2 will cross the overbought line first and wait for the RSI:5 to catch up: that looks like 3 or 4 days of gains, and behind price you can see the previous weeks and it's cycles of movement. (no need to sell right now.
3. Macd : still bullish black above red in a bullish upwards drive PPO: similar to macd in a perfect oversold position, the day it crosses north, that will strengthen the bullish run... ROC: will turn with volume coming from an oversold position. if this was overbought or around 300 then I'll be concerned. BUT so far DIMI is pulling from the bottom up, AS soon as black crosses red upwards, I would stay in for the ride.....if vice versa I would sell for the dip and reversal.
4. One more: my favorite FORCE: get closer view 14 day doesn't show what I need to know so I change it to FORCE:2 Confirms that it crossed the zero baseline. NICE!!!!! ON balance: 13 becuase it is closer to the overbought area, I see a few days of gains... ready to cross Black over red (bullish) confirm it with On balance: 2 or 5 Crossed upwards.. If it continues upwards, YOUR SAFE!!!
If everyday brings increased volume from the previous day, then money flow and buying pressure will push DIMI upwards. and hopefully some major news, rumor or PR update drives dimi strong tomorrow to close as a full white candle......DOJI or Hammer will screw everything up tomorrow.
watch Market makers manipulating to fake pump for new money, then eventually take it down.... MA10:20 or Ma 10:50 holds me back. If blue doesn't reverse bullish (upwards) on a Ma10:20, play on a daily basis... This is from a chartist perspective... other will input other approaches , float rumors support, resistance. combine it all and make your best judgement.
