Strange Pattern. Price Higher High but Fisher & TSI Range bound on Weekly and Daily Chart.
Good thing about it is that 3M has just given positive Fisher crossover at Bottom.
1M Fisher is already up and strong after completing its FFHTSI fall.
1M Fisher Top will be target. A good long term buy for 1 Year or more is visible.
Present downtrend is just an opportunity to grab these types of Shares.
I have combined indicators just to assess strength in TREND. It becomes easy to find SUPPORT and RESISTANCE by my PERFECT SETUP. I can easily know how far price will fall (Support) and from where it will bounce as well as how far price can go up (Resistance). I have not come across any such precise SETUP in public domain. Please appreciate if find useful.
Disclaimer:
This is for informational purposes only, not financial advice. Trade at your own risk. I am not a Registered Research Analyst.
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