Charts BoH Society Nov 29 2020

$PHR: This is the scenario we posted some days back. Parabolic RSI 70 key level is at 0.
67 (may change
thus keep tabs). One may consider a scenario shift/change if price breaks the down trend line.
This is from Grumpty Trader
link: https://www.investagrams.com/Post/grumpytrader38/1388103/0
A flowchart detailing the basics of Señor @Spyfrat 's Parabolic Theory (entries, exits, etc.). This is the
most rudimentary flow of the system. I didn't include all the nuances as that'd make the flowchart too
complex.
Last week we have some Impulsive Plays like $CLI (Huge Stock Dividend, Date To be announce); $HVN
(Change in company’s name, favorable disclosure) $MG (increase in authorized capital stock, price given
at 0.20). For those who are new to this, it is best to observe first and study the power point
presentation. If one is keen on trying out these plays, don’t forget your discipline and bet small until you
get the hang of it.
Depending on the scenario, impulsive play can morph to a prolong play as traders speculate more on
what the company may offer in the future. Recent example was $MRC when we highlighted it as an
Assignment because we believe that the company is ripe for a prolong speculation. Note also that $BSC
disclosing of a private placement equity infusion (when the stock price was at 0.17-0.18) have been a
subject of a prolong speculation as well.
RSI Notes and Theories:
Case: $APVI 1Hr chart
after the fact forensic: after ng rsi breakout, normal na meron price surge. wag kalimutan yan. basta key
rsi ma break, sisipa presyo. basic concept ng rsi 14 ay overbought/oversold, but rsi 30 is a very powerful
tool if gamitin properly. dito ako na bash dati, anyways, marami na tayong na expreriences at na e
published na charts about that. kita nyo yun purple line nov 24, last na dip ng rsi near 50? yan ang
hardcore support nya na level (thus the term rsi wall), a little bit above rsi 50 (another support). kita nyo
na ilang dip sya dun mula oct 13? maraming beses. thus if nabasag yun, malamang mag kabagsakan rin
ng malaki, kasi na breakdown yun rsi wall nya. pero hindi, naka hold sya ulit, kasi sobrang lakas nun rsi
level na yun.
after naka hold, makikita na yun price ng break sa konting consolidation nya, manipis ang bband rin,
suggesting may move na mangyayari. and soon, yun na nga, umakyat yun presyo, nasira yun prev rsi
high, thus a surge in price. PERO.. pero ... teka muna, galing ng a little above 50 ang rsi, walang pahinga,
tapos babanga sa key level na rsi.. ano yun? rsi level 70 parabolic. ang ini encourage ko sa boh society is
use key levels parati, eithe rmag slice ka dyan o ano pa man. since walang pahinga ang rsi at sumabak
agad sa rsi 70, ilagay natin seft natin, ano kaya mangyayari.. most probably .. mauuntog? may chance d
ba? kasi walang breather tapos mabigat na level babangain, baka pag dating sa level na dun, pagod ka d
po ba? kaya after the fact, yun ang nagyari kanina. nauntog sa ris level 70,
at nauntog muna.. ngayon, unang nakuha yun first orange level. may pag asa bang makuha yun 2nd or
3rd? if basehan ang pattern formation nun ascending triangle (pls google if indi alam ano to), yun 2nd
orange level ang target nito. yun 3rd naman po? well, if pattern within a pattern po to then meron
inverted head and shoulders sya na yun target ay malapit dun sa 3rd orange level. pwedeng pumalpak
ang technical analysis na to at lalo na sa akin galing to #gigols
MSCI Play. $RLC and $SHLPH. We already have a strat for these. Those who have bought the moc down
of $RLC last Friday have a nice advantage for Tuesday. For $SHLPH, no moc down which is still ok. Both
stocks may run tru some buying interests as traders sees it to have less/weak selling pressure on the just
concluded MSCI rebalancing.
$FNI already took our pattern target last week. $NIKL is yet to come.
$IRC flirting at RSI resistance. Favorable once broken. See $TUGS chart below
$TUGS continues to ascend nicely when it broke its rsi weekly resistance.
$SPC was out impulsive play assignment last week as we anticipate a dividend disclosure anytime.
$TSLA nearing rsi parabolic 70, a key level.
$GOLD weekly. Will the deep pullback respect the weekly bband and rsi level 50 ?

Charts BoH Society Nov 29 2020

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$PHR: This is the scenario we posted some days back. Parabolic RSI 70 key level is at 0.

Case: $APVI 1Hr chart

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