Scope to continue is journey
After it made its triangle breakout on 20th Oct,
Scope looks ready to continue its uptrend journey.
Scope had been making its Higher Low starting from July '21. We can see at the lower band line.
Currently:
1) Stoch %K is at 85 higher - I believe it will create an upward momentum further.
2) CCI reading on 25 Oct had climb from near 0 to 123 indicate that potential uptrend is intact.
3) Stoch RSI is climbing and no sign of peak at this time being indicate that momentum is getting stronger.
4) Macd is making golden cross on 26 Oct.
I anticipate that the price will continue to move upward to Low High Band (LH-line) follow with a minor pullback to LL-line before making its final stretch to Higher High Band (HH-line).
Discclaimer:
This is not a BUY or SELL call. This material is for educational purpose. Trade at your own risk.
Scope looks ready to continue its uptrend journey.
Scope had been making its Higher Low starting from July '21. We can see at the lower band line.
Currently:
1) Stoch %K is at 85 higher - I believe it will create an upward momentum further.
2) CCI reading on 25 Oct had climb from near 0 to 123 indicate that potential uptrend is intact.
3) Stoch RSI is climbing and no sign of peak at this time being indicate that momentum is getting stronger.
4) Macd is making golden cross on 26 Oct.
I anticipate that the price will continue to move upward to Low High Band (LH-line) follow with a minor pullback to LL-line before making its final stretch to Higher High Band (HH-line).
Discclaimer:
This is not a BUY or SELL call. This material is for educational purpose. Trade at your own risk.
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