TAP flushed on a good earnings beat into support LONGTAP appears to to have fallen into support on a good earnigns beat Perhaps traders were
expecting a better beat. It is now 15% below the resistance zone where shorts will take
positions and longs will sell- off. TAP has sales and consumer loyalty in its brands. It is
free of the controversies that had bogged BUD down. I see this as an opportunity to get a
decent stock at a discount. My target is 62 at the half way point has designated by the fib tool.
Dropthenpop
Bitcoin does a drop then pop LONGBTCUSD three days ago did a drop to take out stop losses and get shorts to take profit. Since
then it reversed climbing over a price of 45.4 K. The MACD lines are under the histogram which
just flipped negative to positive indicating the beginning or recycling of bullish momentum.
The RSI indicators are not at all in overbought territory no matter then run up over the
following three days. Relative Volumes are about 3X the running average. CLSK Clearspark
reported today and surged. Anyo
ROKU- Bearish Divergence gives guidance LONGROKU sold off after okay not great earnings- obviously a large number of market participants
took their money off the table and moved it elsewhere. There was a typical or excessive price
run-up in the pre-earnings period. This chart set in a 15-minute time frame as well as 15
minute time frame on the RSI laid onto the main chart shows bullish divergence which
otherwise might be subtle. It is the key to the trade entry. It is saying get on the train before
it leaves the station. Chasin
SMA- earnings play- a beat with a drop for a pop LONGSMA reported today with about a 2% drop - while traders responded with a 8% drop. Everybody
especially auto mechanics love their stuff. So were they looking for more? It is hard to say.
Idea is on the chart. I am looking for a recovery in a reversion to the mean. It looks like
it's underway. For those familiar with volume profile analysis and trading the best buy short
was upon the drop out of the high volume area ( lower zagged blue line at 9:45 AM EST) and
the best exit was the transien




