The huge candlestick yesterday was NOT HFT activity. A run occurred toward the end of the day, driven by pro traders who received early news regarding the settlement of a 3-year lawsuit with AAPL. Pro traders initiated the end-of-day run and smaller funds’ VWAPs triggered to continue the end-of-day run on high volume.
Citigroup has a pre earnings run pattern which tends to be caused by Pro Traders setting up to take advantage of the earnings reaction. The company will report its 1st quarter earnings on Monday. C had a reactionary gap up at open caused by the JPM gap today. It formed an indecision day candle rapidly. The early gap could interfere with the technical patterns for...
On the Weekly time-frame, the markets closed with a bullish engulfing, engulfing lastweek's doji-like pattern and the strong bearish candle pattern from last 2 weeks - indicating possible bullishness in the coming week.https://www.tradingview.com/x/dAjRLc5l/
On the 4 hourly we see the day close with a hammer or doji. Price is likely to range in the green zone for...
Hello everyone! I hope you're well. Before we start, I want to make a quick intro again, I've changed my username to CyberStocks. I'm trying to take my tradingview account more seriously because I plan on building a brand and online business in the near future. I would like to inform my viewers before starting and cause unnecessary confusion.
Alright now that's...
AUDC has similar technical patterns to AMD and other semiconductor stocks. The activity has pre HFT setups. Pro traders are in the mix. HFTs tend to gap and run the stock upward. Candlestick patterns and volume reveal pro traders and HFTs.
On my previews prediction I only used support and resistance to predict that the stock would go up, I did the same thing with SNAP and it went up as predicted. Before looking at indicators I recommend to find the support and resistance level. As stated on my last idea, whenever the stock does NOT crosses the already built resistance, or when it doesn't even...
NTAP has moved into the gap area, and is now poised to challenge the next resistance level. This stock has had recent HFT activity and is likely to have more HFT attention on the day of its earnings release. The candlestick patterns are solid ahead of earnings. Watch for pro traders setting up for a pre-earnings run.
in Daily chart :
An inverse head and shoulders in Daily chart
The support level at 1.12
Entry : 1.1217
Stop : 1.1190 (27 pips)
TP1 : 1.1300 (83 pips)
TP2 : 1.1400 (183 pips)
in 4H chart :
Regular bullish divergence
Some bullish candles specially engulfing and doji