[isatrader]

A S1 stock rises above a decreasing 30WMA and resistance. Volume and RSC look good. Market and industry group are bullish. Does this move signal a suitable entry point? 

Conversely, a stock falls below an increasing 30WMA and support. Does this signal time to sell?

No, quite rarely, as the decreasing 30 week MA indicates that there is still time based resistance to consider, as the fact that it's still decreasing means that it must be a very early breakout, and hence only has a small base after a big decline. Exceptional volume is needed in these cases to avoid getting stuck in either a higher base for many months or a false breakout. Not 2x, but more like 5x average volume minimum. Focus on higher quality patterns if you want to increase your probabilities of success with the method instead of trying to catch a bottom.