TAP 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...
GL fell on bad news and started its recovery in the after-market hours. The idea is on the chart.
It shows how price action can be manipulated and how retail traders can play the manipulation.
BTCUSD 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...
ROKU 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...
SMA 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...
