JPM shows classic Buyback price action, resulting in a momentum style run recently. The stock is now at a long-term resistance level from prior years. The Buybacks are now facing Dark Pool Quiet Rotation™ at this price level.
AKAM is showing compressing price action as it shifts sideways after Buybacks move price upward. Flow of Funds indicates continuing Dark Pool Quiet Rotation™ as price rises.
High Frequency Traders’ huge flood of pre-open market orders gapped GOOG up. This was immediately followed by a surge of Dark Pool Quiet Rotation™. Dark Pools are using Buybacks and High Frequency Trader gaps to sell, in order to lower their inventory of stock.
White candlesticks are small, weak, & irregular in trend pattern. Suspended Buybacks in 2017, reason was too much debt. Shifted into a Trading Range that dropped sharply in Nov.-Dec. 2018. No Dark Pool Quiet Accumulation in the bottom, Small Funds buying caused move up.
Travelers Companies Inc. uptrend is running out of steam. Daily view now actually sideways, implying stock has been held up by Buybacks, and without them it may slide down more. Insurance Sector is overspeculated and at a higher risk at this time.
Bank of America Corp. has been buying new technology in Artificial Intelligence, Machine Learning, Dark Data Mining, and Robotics. Like other banks, it has been stabilizing its stock with heavy Buybacks.
Throughout the past couple of months, slow Dark Pool Quiet Rotation™ was going on while the stock was in Buyback mode. Professional Traders used AXP Buybacks to set up good runs until the past 2 weeks. Now Buybacks stalled, and Retail Traders have taken over.
Unable to complete its bottom from last December’s low reversal to the upside. Retail Investors & Traders as well as plenty of Smaller Funds got duped by Corporate Buybacks. Weekly view shows a Flat Top Formation, one of the newer tops.
CSCO has plenty of Buyback activity; however, it has remained stuck in a trading range pattern since last May. CSCO has Dark Pool Quiet Rotation™ Candlestick Patterns occurring within this trading range.
UTX recently had a High Frequency Trader early morning huge black candlestick, which triggered Smaller Funds’ Volume Weighted Average Price orders. The Buybacks have struggled to maintain price at the support level, which is around $121.
GS continues to struggle to break out to the upside from its trading range, which started after a High Frequency Trader gap up last January. There is Buyback activity as well as Dark Pool Quiet Rotation™, and those Buybacks are holding the stock in this range.
AMZN ran up on buybacks that moved the stock up rapidly. Meanwhile, a slow and steady Dark Pool Quiet Rotation™ Pattern with incremental selling of this stock continued. The stock faces stronger resistance above the current price.
AAPL is now below 60% of its shares held by Institutions. Dark Pools continue to slowly rotate out of AAPL, even as the stock bounced up on corporate buybacks recently.
Microsoft gapped up on earnings in April. However, the pattern has weakened since then with gap down action. The stock is now at risk of losing a potential top candlestick pattern formation unless corporate buybacks are instigated to maintain the price level.
Corporate Buybacks fail to maintain the uptrend for AAPL as Dark Pools commence their late spring hidden rotation selling to lower their inventories of high-risk stocks. AAPL has gapped and run down dropping more than 25 points in a couple of weeks.
MSFT has been moving up often due to buybacks of its shares of stock moving price up. The stock gapped recently and then retraced. Additional buybacks support the current level of price. However, indicators are not all confirming more upside action.
XOM is in a consolidation as oil commodity prices are rising. This offers incentives for pro traders to enter ahead of any HFT activity. The bottom has some buybacks in the candlestick structure as well. The goal is to generate speculation among the retail crowd.
A weekly chart reveals the long-term trading range in which JNJ has been stuck. This Dow component ran up due to buybacks around the start of this year. But the trend and volume-based indicators show a lack of quiet accumulation by Dark Pools. The stock slid down ahead of its earnings release today and gapped up slightly on the report, but there has been...
