When Americans feel depressed or unhappy about life, they tend to spend more money on fun things--something to consider during a presidential election year. For now, NYSE:DIS is looking fine for its earnings report next week. It was over-speculated, so adjusting back down closer to fundamental support is normal. The gap up in February was on way better than...
NASDAQ:AMZN rebounded off a gap up support level which implies that this is where fundamentals are likely to be. The stock's price shows resilience and no HFT interference for now, even after the Q1 earnings report after market yesterday. Amazon has more than just its retail consumer and small business products. It has AWS with AI integrated to help the small...
TANLA Platforms charts look exceptionally good on both short term and longer term accumulation studies based on volumes. If you understand the price-action backed by volumes, you wouldn't want to miss this. Company in a good financial health provides further comfort. Disclaimer: Do your own analysis before making any financial commitments. This is to spread...
Buy $4 dollar stock. Sell $7 or $12. place Stop loss 0.50c below the dashed-line for your protection. Live-Laugh-Love. Let's make 2024 great.
USO follows the futures prices of oil barrels. On this 30 minute chart, price falls have been rejected by the POC line of the volume profile and the Lux Algo Donchian channel has transitioned from downgoing to trending up. The dual TF RSI of Chris Moody now shows RSI holding above 50 in both the 15 min and 60 min TFs. Net distribution has bottomed out and...
The Medical Instruments and Supplies industry had stellar growth until 2022, when it could not beat that anomaly in revenue growth which was one of the primary reasons for the intermediate-term correction in 2022. 2023 patterned out the abnormal revenues and earnings for most industries that benefited from either the pandemic or from the government...
NYSE:BA is definitely below its current fundamentals for the 1st quarter of 2024. This was the biggest gain of all the Dow 30 components yesterday. It was an obvious reversal point at a prior Buy Zone at October's lows. Yesterday was driven by pro traders with a run up at open rather than an HFT gap up at open. We can also see the pro trader nudge pattern in...
Gold Xau Last Phase Accumulation incoming 👇 "Way from 1500 to 4100" (+175%) OANDA:XAUUSD ⏰ TimeFrame 1 Month 👉 Go to last phase accumulation 👉 White Trace 👉 Green Trace 👉 EMA 200 1M (White) 👉 Fib Measure as pattern "ExPanding Triangle" ( blue stick ) 👉 Potential +175% ✔️Logarithmic (Log) Chart & Fib
As the first of its kind, this young company has a bright future. Weekly chart: NASDAQ:COIN has completed its first post-IPO bottom formation and is holding above the completion line despite some selling down in recent weeks. The company reports Feb 15th. The fundamentals are most likely at or near the bottom completion level. The run up became...
Stocks that are forming bottoms right now are completing faster due to the improvement of their fundamentals in the current quarter. For example, NASDAQ:VRNT is moving out of the extreme dump by HFTs and retail groups. This is a common pattern that indicates shifting sentiment in a bottom formation. The candlesticks stairstep upward as Pro Traders get in...
NYSE:DIS stock has struggled this year. However, Accumulation/Distribution on this daily chart shows accumulation over the past several weeks. This is a "shift of sentiment" pattern indicating a better earnings report is likely this time. The sideways trend is compressing and has consistent lows and highs, a common pattern for accumulation. When Accumulation...
NYSE:CVX was the Dow 30 component that had the highest loss on Friday. The chart clearly shows that the earnings report was not going to be good. The pattern is a failed bottom as there has been rotation to lower inventories of the stock for most of this year. Declining Accum/Distribution indicators at the lows of the range followed by a negative divergence...
First step analysis done in daily TF. --> bullish structure (HH-HL-HH) 2nd step--> 4h-1H Obvious Accumulation scenario. 45min-15min---Look out for entries. i noticed a validity of demand in 15 min TF so I waited for it to touch again the IC- OB but 45min structure was respected. However, I set a pending order, Only to find out that I am already in the...
The NASDAQ:AMD Weekly Chart shows that the stock had attempted to complete the long term bottom at 104. But over the past few weeks, it dipped below that bottom completion level. This week it has started move up. This provides a level of fundamental support. If it had continued downward, then fundamentals would be lower. For now, it appears fundamentals...
Is this a top or just a sideways correction to pattern out excessive price gains that are above current fundamentals? This is the big question when studying stocks right now. NASDAQ:AAPL is definitely not a sideways trend right at the moment, but is it a downside run after a top? What is missing? There are 2 lower highs BUT just ONE lower low. To confirm...
NASDAQ:NVDA has shifted sideways since the huge earnings breakaway gap, a pattern that tends to provide strong support for profit-taking. Unlike NASDAQ:AMD , the trend doesn't appear to be at risk of shifting into a downtrend at this time. While there has been some negative news pertaining to China for NVidia, the chart patterns don't indicate any concern from...
Notice the vertical line: spx finds a bullish closing violation with matching volume...the bar closes bullish with huge volume support (strike bullish and ride the gap?).
The Weekly Chart of NASDAQ:COIN shows that the stock has been struggling to build a bottom despite some early buying from large lots within the sideways action of the bottoming range. Coinbase has future growth potential as an investment, but the CEO and Board need to realize that the SEC rules the securities markets and that Cryptos, as digital assets, are...