Are buyers or sellers in control? We'll know very quickly within the next few days - if we use magenta strong controlled selling to build liquidity and then gap up above purple tapered, we'll know bulls are. However, if blue tapered controlled buying (the algorithm that has built liquidity for the bears over and over again prior to massive drops) holds price, we will need to reanalyze and take it from there.
Hope this was helpful as this stock has the ability to MOVE! We want to be ahead of it and be prepared for the next big one - either bullish or bearish.
@nathannieh, Hey, I will be posting an analysis video today with an update. Crazy PA during power hour on Friday - Let's see what's next!
Aedryc
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Thank you for your analysis!
Question, are you using an indicator for all those channels you got? if so, whats the indicator called?
Thanks again
TraderDaddyOG
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@Orbzbtww thank you! I’m glad you’re enjoying the analysis! To answer your question - these are all personally made by me - there unfortunately is no indicator as it’s an untraditional way of looking at and seeing the market. However, if you watch my videos enough you will be able to understand over time how they’re created and start seeing it for yourself! Happy to answer any further specific questions you have privately.