In my opinion, you should always close the GAP before starting a process! But we've seen cases where it wasn't closed, and they suddenly pulled it up. I think the same thing will happen here! It's been the third day, and they still can't close the GAP! What's also important is that many are preparing to close the GAP and start the process. I believe that if they...
In the chart you' ll see the CME GAPs. Market maker will want to price #btc to these zones. There' s also a huge liquidation these points and also 23500. Sooner or later, these three prices must be visited. The second variation may be like : First 23500 then 20000s and then 35K. NOT FINANCIAL ADVICE. These are only my notes. DYOR.
It's quite interesting because there's a gap that hasn't been recharged yet!!! In theory, it should recharge, but I don't think it will happen now; we will go down first, and then the recharge might come later. So, be cautious with the entry. Those with less money should wait for the recharge and only then get in."
Falling Wedge Pattern for PSNY chart, Polestar In this chart analysis, it's evident that there's a potential buying opportunity if we manage to reclaim the indicated level (previous gap after Earnings). This could take 30 to 45 days, as institutional investors are not very interested in buying this stock. However, it's crucial to exercise caution and patience,...
🕳️ The Gap Dilemma: Price gaps occur when there's a notable difference between the closing price of one trading period and the opening price of the next, often seen on the charts as a "hole" in price action. 🔍 Gap Filling: Traditional market wisdom suggests that gaps tend to get filled, meaning that the price revisits the gap area and trades within it. In...
Analyzing the options chain and the chart patterns of GPS The Gap prior to the earnings report this week, I would consider purchasing the 9usd strike price Puts with an expiration date of 2023-12-15, for a premium of approximately $0.73. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to...
👋 Hello, esteemed cryptocurrency enthusiasts! Today, I want to share observations from the world of cryptocurrencies, specifically focusing on BTC. Recently, a notable event occurred on our chart: an open Gap at the level of 27400. It's crucial to highlight all open gaps on the chart, as they can influence the future dynamics of price movement. Regarding the...
A bearish divergence can be seen on both the SPX and Nasdaq (with similar divergences also seen on most of the FAANGT stocks), coupled with the fact the indices are now in the overbought territory, a pullback in the near future could be likely. We saw both NFLX and TSLA sold off after hours despite strong earnings announcements. The market has been running into...
Gaps, gaps, and more gaps! Let's talk about that "holy moly gap." Bulls keep defending it. Every wick is being bought right up. That said, the bulls have failed to close into the gap above completely for 2 days straight. Time is running out for the upside (leave that gap above unfilled long enough and it'll become resistance) and CPI is tomorrow. Anything could...
UPWK has been forming a base with neckline around 14.50 -15.35. Upon earnings announcement yesterday, it gapped up decisively on huge volume, rising a crazy 44%, and closing right at neckline. What is clear is that it could be near the end of its base building and could begin to start trending up in the coming weeks. The entry is tricky now due to its oversized...
They recently posted their restated financial statements for 2021 and 2022 and released Q1 2023 results. 500m annual revenue. 18m marketcap. Due your own research, own your own trades. This is not financial advice.
INTC first broke out of it's base neckline @30.50 (as well as it's 200 day Moving Average) on 29 March. However, its movement has been very erratic since. Last Friday's post earning's strong gap up changes the picture considerably IMO as it has now completed a "CUP" formation (a bullish pattern with higher odds of success). 2 possible scenario could happen...
Indraprastha medical 1)considering weakly chart. 2) runaway gap at two area one at 73 level and another one at 100 3) Cup with handle pattern also breakout at level of 100 4) huge potential to give great return 5) take Stop loss of 99 and move ahead of 60+ upside *No recommendation for buy or sell*
If you haven`t bought VRM here: Now VRM, Vroom, with its recent gap at the $4.50 - $5.10 level, presents an intriguing opportunity for investors. Historical data indicates that gaps tend to fill 80% of the time, making this gap a potential target for short-term traders and investors. The gap acts as a magnet, drawing attention to that price area. As bullish...
Dollar General - 30d expiry - We look to Buy a break of 173.33 (stop at 167.33) We are trading at oversold extremes. In our opinion this stock is undervalued. We have a Gap open at 01/06/2023 from 201 to 179. The bias is to break to the upside. 173.09 has been pivotal. A break of the recent high at 173.09 should result in a further move higher. Our profit...
With earnings coming up lockheed martin remains bullish and seems to have broke toward the upside out of consolidation. My immediate PT was for it to close gap at least around 475 area. If LMT has a great earnings this can possibly test next resistance at 480 as its still trading and trending up. Trade Responsible, #TradeTheWave 🏄🏽♂️🌊
Scotts Miracle Grow is up +7% and trading above $70 after a gap up this morning - trade was initiated last week on the falling wedge breakout. Gaps tend to get filled so I've adapted to the price action and moved my stop-loss order up to just below today's candle at $68.45. No way to lose money on the trade now if price reverses, upside target remains near $80....
ZS gapped and broke above a neckline "zone" (142 - 145) on 2nd June, eventually hitting a high of 162.67 before retracing all the way back to the neckline. The stock is still in the early stage of an uptrend as it is now trading above it's 200 day moving average (with a golden cross that happened last Thur). "Breakup and retest of a neckline" often provides a...