Chart Scan – Jun 23, 2022

I like this chart, Set up for a perfect breakout.

Acc/Dist is at its low levels and just showed us the first reversal in trend. RSI is working its way up, just about to cross over the middle point breakout line.

MACD is undre the zero line and just did a bullihs cross over with its signal line.

Once again as many of these charts, the 20MA (Green Dotted Line) is the current resistance. Once this level is tackeled we might see a combo breakout as it will have to move past the 50MA Blue Line and the top bollinger band shortly after.

Watch close.

This one is right on point for a breakout. 

RSI Just went over its breakout point
MACD Is climibng up and pushing over the zero line
Acc/Dist is rock bottom and just started to turn up.

Once again… you see that Green Dotted Line? The 20MA it just got tackled, but the growth stopped at the 50MA (Blue Line) THIS IS YOUR BREAKOUT POINT. imo

Once the 50MA is a support point, I think this chart could begin to uptrend. Watch very close.

Starting to feel like many of these charts are identical lol, stare at them long enough and they blend together.

This one has one interesting fact, the Acc/Dist is already at higher levels, but today it moved up, had a beatufiul 15% day, but the 20MA (Green dotted line) was once again the party stopper. If it gets over the 20MA, and the 50MA (Blue Line) which is close to it, it could climb higher.