![Clumsy Clumsy](https://cdn.snsimg.carview.co.jp/minkara/blog/000/044/792/532/44792532/p1m.jpg?ct=63d11fa131b0)
The daily chart of 6367 suggests that it’s
become a bullish trend but not that strong.
I came up with an idea of counting supporting
points which acts as a literally support of the
始値 of a day.
If there are a lot of supporting points below
the 始値, a bullish trend tends to form in the
first few minutes or vice versa.
Supporting points can include the following
but not limited to yesterday’s 始値, 終値, 5EMA,
20EMA, 40EMA VWAP and so forth.
Of course there is an exception, especially
when you observe the first candle stick that
is 大陽線 or 大陰線.
The thing is I only have 17 data so far.
Speaking of the pancakes, I have to admit
that I was kind of clumsy to turn them over.
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Posted at
2021/01/28 04:55:38