one of the more overlooked semi names. shorter term play, monthly contracts or at least a week or two of time. filled one gap, looking to fill the other near just short of ATH.
watch that swing POC and previous value as support (210-212), bears want to get below and reject to get some emas crossing.
EMAs defended as price checks daily trigger, price crossing above hourly emas and testing earning aVWAP again. Looking to buy strength above earnings aVWAP or a tag of hourly trigger.
as long as the hourlies (purple, violet) dont cross the daily (yellow) i will remain bullish.
really needs to get above this earning aVWAP, though.
shorter timeframe traders looking to cross those hourlies back upward and buy a check of one of them.
clear risk at that 210/212 demand for high timeframe traders. short timeframers, i'd say just watch the hourly emas. maybe 217?
watch that swing POC and previous value as support (210-212), bears want to get below and reject to get some emas crossing.
EMAs defended as price checks daily trigger, price crossing above hourly emas and testing earning aVWAP again. Looking to buy strength above earnings aVWAP or a tag of hourly trigger.
as long as the hourlies (purple, violet) dont cross the daily (yellow) i will remain bullish.
really needs to get above this earning aVWAP, though.
shorter timeframe traders looking to cross those hourlies back upward and buy a check of one of them.
clear risk at that 210/212 demand for high timeframe traders. short timeframers, i'd say just watch the hourly emas. maybe 217?
Comment:
selling futures a bit rn. the open will be important tm, lets see if we return to value or continue to push higher
Comment:
day1: found support at monthly value area low (213). Didnt enter yet. waiting for strength above earnings aVWAP and hourly emas
Comment:
never made it above earnings vwap. never a good sign. once it broke that 210/212 area it flushed. no entry.
Comment:
holding that weekly/poc at 194 pretty well