HYUNDAI with exceptional long setupThe chart of Hyuandai presents itself very strong with a freshly activated long signal.
The Weber Trend Suite provided a perfect support line (green horizontal). Additionally the chart formed a bullish divergence to the RSI. After the first leg up, the price consolidated in a bull flag and now we see the breakout.
The conservative trade has a CRV of 3 (target old all time high).
The more aggressive trade has a CRV of 9 (!) with the old all time high as a target.
When should I buy Samsung Electronics? Here's the answer.Samsung Electronics is the most representative IT company in Korea.
This company is doing well, but the price moving has nothing to do with it.
If you put in the movement of the past whale forces, this stock price will definitely reach ₩ 70,000 someday, and this means it is not the right time to buy it yet.
long term CCI trend changing signalAs you know, CCI(Commodity Channel Index) is the indicator of how difference from MA(Moving Average). If CCI(period) value is 0 then it is the same value of the SMA(price, period). Indication of overselling or overbuying will be counted by -100 and 100 value of CCI. What I chose value is 240. which is almost a year of period. My signal will be plotted this long term CCI indicator cross over -100. But I don't want it to be marked in case of long term CCI value fluctuating from -101 to -99 which will be marked frequently. Thus I put candle counter of 60 days after cross under -100 then only I count for cross over -100. By this I have very good signal to mark on the chart. Please enjoy my signal and have good profit from it~! Gazua~!
Buy the dipBuy the dip on SK Hynix, a South Korean Semi Conductor Fab.
I think we have strong support from the underlying fib, and looking at TSMC for comparison, it seems SK Hynix is oversold.
On the MACD indicator, we're seeing a shadow, recovering from a sell off, seeing a shadow is often a chance, that it's the end of the directional momentum.
On Q2 earnings SK was just above estimates.
On the weekly candles this is currently a green week. Heikenashi is not yet green, but a revering +. Indicating now is the time to buy if you're bullish.