Huan Hsin (H16) Updated
I still remain Bullish on H16, even though Stochastic (3) bearish crossed, MACD signal lines (2)tightened, and MACDH envelopes so called “Forest” sloped down. Why? (1) The co-ordinated Volume shakeup and sequent Volume Dried up looked favorable. Even CMF (4) already turned positive. I bang my optimistic probability on MACD signals still in positive territory (above zero line) as a buffer against (2) & (3). Today, we saw an 80K purchase that up thrusted the stock by 1 cent and eventually mellowed down by retail buyers. This is an indication of stirring activities that would likely to re-occur again!
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