Seeing $MM in Four Time Frames

60 Minute - A doji

1 Day - It appears that its next target is to break 3.52

Weekly - Wave 3 of Wave 3, the strongest Wave!

Monthly - Forming Wave 3
 

Seeing $FRUIT in Four Time Frames

60 Minute - It appears that the trend is so strong.

1 Day -  It appears that its goal is to break 1.32.

Weekly - Just waking up from slumber.

Monthly - It seems that a trend reversal is at work. 
 

Seeing $DITO's Price in Four Time Frames

60 Minute - Still in an uptrend

1 Day - Also in an uptrend and it seems that 8.05 is its goal.

Weekly - Forming Wave 5 of Wave 3

Monthly - Still in Wave 3

 

The Virtual and the Actual: $DITO $FRUIT $MM

 

$MRC's 61.8% Fibonacci

 After a 17.90% run for the past two days, the stock now retraced 5.19%. Is this just a temporary rest? Or is 0.41 its top for now and the stock will continue its pull back by tomorrow? 

For those who are thinking of entering this stock, you can use either 50% or 61.8% Fibonacci retracement as your entry points: 0.32 or 0.30. 

 

$MM Looks Like VCP to Me

 I entered @ 3.01 for the stock looks like VCP to me. After few minutes, when I returned to my table, the stock made a new high @ 3.30. It is still too early. It is just 10:40 in the morning. This stock has been in consolidation for 44 days. So that's a good sign. There is no excessive emotion involved yet. And both the volume and the value too are good. Volume is 31.44 million higher than yesterday's trade. Value now is 183 million. Wait for late comers to ride this run. When you see them coming, that's the time to move out. 

Charts are interesting. Both the weekly and the hourly charts show that this stock stopped its pullback respecting the 78.6% fibonacci retracement:

But as for its daily chart, it is not so promising for it still struggles to enter its uptrend channel:

Watch List as of 09 October 2020

$ABA $APL - Speculative

$FRUIT - IPO play

$CHP $GREEN - recommended but . . .

$IRC - infra play

$LPZ - old conglomerate 

$MFIN - financial play

$APVI $IDC $WEB - almost similar to the first category, very unpredictable

$TBGI $MRC - penny play

$APX $PX $NIKL $PXP - mining play

$MEG $MPI - Index stocks but laggard

$BLOOM $DMC $FGEN $LTG $TECH - among the established names

$DITO $MM $NOW $C - trending stocks

$PPC $PHA - old time favorite