StockFetcher Forums · General Discussion · Let's Play "The Falling Knife" Game<< 1 2 3 4 5 ... 17 >>Post Follow-up
karennma
8,057 posts
msg #156339
Ignore karennma
3/30/2021 7:55:03 PM

@ Styliten,
Lovely chart!


styliten
345 posts
msg #156343
Ignore styliten
3/31/2021 9:41:01 AM

@karennma

Did I just win on the guessing game? LOL

Mactheriverrat
3,178 posts
msg #156344
Ignore Mactheriverrat
modified
3/31/2021 11:52:47 AM

If ZM can get above the 20 day moving average and hold, then there's a chance for a trend change. Now there are a few indicators Macdhistogram ,TSI, and PPO from another chart program showing signs that a uptick may be starting.

IMHO!

styliten
345 posts
msg #156345
Ignore styliten
modified
3/31/2021 12:04:53 PM

@ Mac

I really think the trend has already reversed.




Assuming 8/31/20 breakout with volume increase was the baseline. See the newly attached daily chart whereas the previous chart was a weekly one.

Is this technically known as the ascending triangle?


Mactheriverrat
3,178 posts
msg #156347
Ignore Mactheriverrat
modified
3/31/2021 12:32:12 PM

@styliten
Roger that!
I'm waiting for the price to cross above the 20 day moving average and hold. Then a ema 5 cross above ema 13 and hold . Then watch the uptrend pan out. I guess time will tell.

karennma
8,057 posts
msg #156356
Ignore karennma
3/31/2021 5:57:05 PM

styliten
74 posts
msg #156343
- Ignore styliten 3/31/2021 9:41:01 AM
@karennma
Did I just win on the guessing game? LOL
===============================

LOL!
I did think about that today!


ron22
255 posts
msg #156357
Ignore ron22
3/31/2021 9:04:12 PM

@Mac,

Do you watch for the price to cross above 20MA and for 5ema to cross 13ema on daily charts or on another timeframe? Also, do you wait for it to hold for one or two candles or longer to confirm the uptrend? Your input is always helpful. Thanks Ron

Mactheriverrat
3,178 posts
msg #156359
Ignore Mactheriverrat
3/31/2021 10:33:53 PM

I use the ma 20 as a precursor to trend change
The ema 5 over ema 13 (Daily) is further evidence of trend change in one way or another.

Lets see how this ZM pans out over the next week or so.


karennma
8,057 posts
msg #156361
Ignore karennma
4/1/2021 9:29:45 AM

Well, looka there!
I think we have a WINNER.
Styliten! Looks like $305 was the bottom!


Mactheriverrat
3,178 posts
msg #156366
Ignore Mactheriverrat
4/1/2021 12:10:41 PM

Congrats styliten

StockFetcher Forums · General Discussion · Let's Play "The Falling Knife" Game<< 1 2 3 4 5 ... 17 >>Post Follow-up

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