Techincal analysis on UUUU

4 thg 3, 2020

UUUU



Pros: Price is above daily green ma. RSI just closed above oversold and stoch rsi is also looking good. Waiting to hear on news of how much funding it will get. Mind the gap down above so that's promising also.

Cons: Price under .236 fib and fighting weekly thick purple trend line.


Some chart info for those interested:
Moving averages are exponential. Indicator is by LazyBear called 8x MA with configurable lengths

Green: EMA 10
Skinny Red: EMA 20
Thicker Red: EMA 26
Orange: EMA 50
Light Blue: EMA 100
Dark Blue: EMA 200
Skinny Black: EMA 250
Skinny Purple: EMA 300

12 thg 5, 2020

Ghi chú

Here is a smaller time frame chart. UUUU had a nice run up and corrected significantly. But it may not be over yet.
Blue boxes: buy zones
Red box : sell zone

If price doesn't correct further than buy the dips on the climb back up and sell in red zone.

God bless

12 thg 5, 2020

Ghi chú

This might be a better chart for the long run because as time and price moves along, the blue box areas should also shift. So this chart just focuses on the green trend lines to act as support if price comes down near them. That's where i would buy.

God bless