MWIDE breakout

MWIDE closed strong yesterday above the symmetrical triangle formation and Darvas Box.

-The RSI brokeout successfully from the box resistance too
-The breakout volume is also very convincing at above average.
-The EMAs are also perfectly aligned coming from a perfect crossover of the 3 from the previous candle.

Anything else? Oh hey! The MACD,if you like to add…
-The MACD is also showing its first bar above zero on its BUY signal from the previous day.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s