Professional traders controlled this sideways pattern that held higher lows before the break to the upside and gap up above the W bottom completion resistance, which is now strong support. Short-term profit-taking at the resistance overhead is something to prepare for now.
Morgan Stanley has a pre-earnings run moving up to its earnings report ahead of the open tomorrow. Last quarter had a similar setup for swing trading.
The Year over Year comparisons are no longer impacted by the benefits of the 2020 - 2021 pandemic, when a few stocks had way above normal revenues. This is making many companies show what appears to be far better...
BTCUSDT had an accumulation phase of 270 days, which is a period of consolidation before a potential move in either direction. After the breakout from the accumulation phase, the price is now heading towards the first weekly resistance level, which is at a psychological price level of $30,000.
It's possible that the price may reach this level and experience a...
Most people assume layoffs are going to drive the price of the stock down. NOPE, general consensus on the professional side is the sooner layoffs begin, the faster the company can recover from declining revenues and earnings, and reinvent.
META is a stock in a sub-industry that has few members, hence it is used in many ETFs and mutual funds due to that rare...
CAT developed one of the entry signals I teach this week. The stock rebounded from testing the lows of the trading range. Hybrid indicators suggest large-lot buying is triggering in the lows of the range.
Point gain potential may be limited by the sideways trading range developing, but swing trading can be done within the range if you can catch the entry early in...
IDEAL ENTRY - 0.45
ACTUAL ENTRY 0.49
FIRST TP @ .70
LETTING THE REST RIDE TO ATH
20x LEVERAGE
NO STOP LOSS.
REASONS FOR TRADE-
ACCUMULATION DISTRIBUTION x RSI x VOLUME indicators signalling bullish to me. all of these plus price action has simply made me optimisic and highly confident in gains from my entry of 0.49
GOODLUCK
The accumulation phase is a stage in the trading cycle where buyers are slowly and steadily accumulating an asset, often at lower prices. This process can be seen as a prelude to a larger bullish move, as the accumulation of assets by these buyers can lead to an increase in demand and push the price up.
In the case of LPTUSDT, the recent breakout from an...
Medipharm Labs's 50-day and 200-day moving average lines are a quarter of a penny from forming a GOLDEN CROSS, a strong BULLISH signal.
Extrapolation of these lines strongly suggests that they might form a GOLDEN CROSS this coming week.
Also, the Accumulation/Distribution indicator has clearly been trending upwards.
Tradingview's current technical analysis...
ROKU is a good example of a high-risk sell short. The HFT gap was reversed the same day. You are looking at a Dark Pool BUY ZONE. Accumulation/Distribution confirms a shift of sentiment even as this stock turns down at a bottoming resistance level which is NORMAL and expected.
The company reports earnings for the holiday season in mid February. This makes for a...
NVDA continues to work on its bottom. The Reversal Candlestick in October signaled the end of this stock's correction. The stock has plenty of growth for the future.
The red line is the bottom completion level for this chart, a strong resistance level. There's strong point gain potential when the current sideways action breaks out upward.
Volume-based...
Stocks that are reporting earnings in 3 to 4 weeks can be monitored for pre-earnings runs.
ESPR had momentum runs recently, as marked by the candlestick patterns within the green rectangles in this chart. A shift of sentiment can be seen in the bottoming pattern with Accumulation/Distribution indicators (the area between the blue rectangles).
Often, when...
The price is creating an accumulation area (50 days) above the daily support at 0.75$.
We are waiting for a clear breakout from the resistance.
How to approach it?
IF the price is going to have a breakout from the range and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly...
Controlled accumulation, a likely Dark Pool buy zone, developing for AMC. Friday had an uptick in volume. Compression patterns can have an explosive momentum move on the breakout. The last run out of a base went for 17 points.
The lows of this bottom are rising. That is a sign of larger lots on the buy side and weaker smaller lots selling on the bounce. Profit-taking has occurred after the gap up to resistance as Dark Pools pause their accumulation. Price is now outside of their buy zone.
VST popped up in TechniTrader scans today due to the rising volume and price pattern. Note the prior accumulation patterns. Resistance is strong at 27.25. Earnings on May 3rd.
This is a young public company that is forming a bottom with some quiet accumulation, well hidden in price, by the Dark Pools during the bottom formation. The accumulation may include ETF Developers as many medical devices are in accumulation mode. Pro traders are in the mix as well. Candlestick patterns, improving volume and Accum/Dist indicators confirm--see...
A few days ago, I identified the different market phases through this company's graph: uptrend, distribution and downtrend, which could imply that the market is right now within the accumulation phase.
This phase is characterized by the price of these shares being lateral and, when this phase ends, a new trend will begin. Therefore, I consider that keeping an eye...
