SYSTECH BEGINS UPTREND

1. Price above Tenkansen and Kijunsen.
2. Tenkansen is above Kijunsen.
3. Both Tenkan and Kijun has left the Kumo cloud.
4. Chikou span is moving towards the top of Kumo and once it breaks free from Span B, it will confirm a bullish run.

Handel aktiv:

First target reached.
Advance curtailed following regional retreat. Buyers still in control at 0.255. Second trading day of the week and year, more action can be expected. Systech cleared 23.6% of the Fibo retracement. Next target will be the 50% @ 0.275

Handel aktiv:

Systech needs to break 0.25 and maintain to confirm uptrend.

1. Chikou is within Kumo
2. Price already out of Kumo
3. Future Kumo formed is positive, bullish
4. Buyer still in control

Handel aktiv:

Updated 13/1

1. Tenkan above Kijun
2. Price above both Tenkan and Kijunsen, and the Kumo.
3. Bullish cloud formation ahead
4. Price just retraced back to 0.275 (0.38% Fibo level)
5. Buyers in Control

From this recent breach of 0.275, Systech can be expected to move back to the 0.68% level of the Fibonacci, also known as the Golden Mean level. Let's watch where this bullishness leads to

Kommentera:

Updated 20/1

1. Price remains above Kijunsen after minor correction on 19/1
2. Foreward Kumo is now bullish and growing in strength
3. Buyers still in control despite correction
4. If it breaks the 0.25 and 0.275 subsequently, it will be poised to test the higher high of 0.285. Touching 0.30 will fulfil its achieving the golden fibo level of 61.8%

Handel aktiv:

Updated: 26/1

1. Forward Kumo has thickened, reflecting increasing bullishness compared with a week ago
2. Tenkansen is above Kijunsen - stock price going up
3. Price is above Tenkansen - bullish sign - and is going back to 0.275 to retrace steps back to its last high of 0.29
4. Buyers are still in control
5. Chikou pointing up - confirming buyers in market

Handel aktiv:

Updated 7/2
1. Tenkansen is above Kijunsen, separation has become bigger indicating increasing bullishness
2. Price is above Tenkansen and Kijunsen and moving away, confirming bullish trend formation
3. Buyers dominate sellers past three trading days - indicating positivity
4. Price has breached 0.30, which is 61.8% Fibo targetted earlier. This is a strong support should it stay above 0.30, as the price retraces back to 0.375, which is the 100% mark.