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COAT - Corro-coat / Chemrez (1 viewing) (1) Guest
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TOPIC: COAT - Corro-coat / Chemrez
#4891
ninodal (User)
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COAT - Corro-coat / Chemrez 1 Year, 9 Months ago Karma: 0  
is there a triangle forming here? resistance is at 5.8/5.7... and the volume needed for it to breakout is >79,380,000... condition: price next week should respect the the aggressive demand line and not go below 5.6/5.5...
 
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#4907
tina.posadas (User)
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Re: COAT - Corro-coat / Chemrez 1 Year, 9 Months ago Karma: 0  
IMO, its risky to trade this. Tama ba ako? am seeing a possible bearish divergence ... price going up since September but MACD going down.

Triangle also about to reach its apex.

just my two cents worth =) :roll:
 
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#5009
nis (User)
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Re: COAT - Corro-coat / Chemrez 1 Year, 9 Months ago Karma: 0  
mahabang upward range drawing ko dito. price will touch the upper line of the channel when the small triangle reaches its TP. agree with tina.. bullish divergence sa daily chart. pero sa weekly ndi naman po.
 
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#5131
ninodal (User)
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Re: COAT - Corro-coat / Chemrez 1 Year, 8 Months ago Karma: 0  
breakdown... hit parabolic SAR at 5.2... now at lower border of bollinger band... now at threshold of 32MA...
 
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#5404
ninodal (User)
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Re: COAT - Corro-coat / Chemrez 1 Year, 8 Months ago Karma: 0  
coat demand line not very aggressive... but prices have steadily been going up in the recent trading days... evidenct support at 4.85... resistance/previous high of 5.9... RSI on its way up, now at 72... MACD still in the negative...
 
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#5752
ninodal (User)
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Re: COAT - Corro-coat / Chemrez 1 Year, 7 Months ago Karma: 0  
at last coat was able to break the resistance at 5.3... next resistance at 5.9 would likely again be tested
 
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