On my telegram channel (t.me/LiuTrader) a POWR signal was sent yesterday at a range below the current price, so if you want to receive advance information please also follow me also on LiuTrader telegram.
Lets go!
1H Chart POWR is breaking a falling wedge started in the middle of February and we can see many signs of strength in this breakup that bring us good expectations!
In addition to breaking the figure the price also broke above the 200MA and now comes using that as support, the 20MA has also crossed over the 200MA and the 50MA should do the same in the next few hours.
Ichimoku is totally bullish, price is above a green cloud that will also serve as support, chikou-span above the current price and Tenkan crossed over to Kijun.
Volume is growing perfectly, MACD on a beautiful uptrend and RSI holding well above 50.
Some information about other timeframes:
4H Chart RSI crossed above 50. MACD crossed above 0. Increasing Volume. 20MA next to cross over to 200MA. Preco broke up on 200MA.
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