Weekly Predictions (Feb 18 - 22)

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- Price is oversold on the Stochastic Oscillator
- Price reversed at recent low
- Might form a double bottom

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ملاحظة

4-hr chart


- Consolidation
- Price neither oversold nor overbought
- Price recently broke above EMA (25, close) and closed on a retest

Predictions: Watch for bullish candlestick to form breaking above consolidation zone

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ملاحظة

1-hr chart


- Consolidation
- Price overbought on Stochastic Oscillator

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ملاحظة

Key Analysis: Since price oversold on daily and overbought on the Stochastic Oscillator from the hourly this could mean that price will go on a brief downtrend, maybe retest at the EMA (25, close) on the 4-hr or hourly chart and then resume uptrend