Two gaps to get filled here -- The YOLO GAP and the Gap that looks like it wants to be stuffed with Turkey and served on or near Thanksgiving.... Watching this for a move to the first lower boundary of the Turkey Gap, then if we break, that should start her grueling climb to 110!
Looking at a gorgeous falling wedge pattern sitting under a huge Gap that's eager to get filled. based on this price action, a potential breakout (or breakdown) is due sometime before Christmas. Lets see if it has enough momentum to break through these resistances and take a swing for gap fill!
There is a nice Gap this week and now price on strong resistance to its good time to take quick short for the Gap to be closed.
Getting higher lows and support inside the narrow wedge channel at and above 3095. This can break anytime, but it looks and feels like we could get a retest of ATH price at top of channel before it rolls over, to give a double top. RSI and volume diverge but often get the retest on low volume and relatively weak price action. Hanging on to my seat atm, watch,...
I realize this is the hottest thing right now, and seeing it drop from whence it came seems out of the realm of possibilities. But it follows a pattern that happens over and over: Parabolic move/Gap. Bounce into FOMO buyers resitance, then fade. Wait for bounce into resistance then look for short positions.
Entered a options call on Monday (expires Friday – high risk) since most of my indicators point short term bullish and we have 2 gaps that will probably get filled before tanking again to even lower lows. Anyone agree? As long as price maintains above $28, I will be in profit for my options call.
Good evening ladies and gentlemen, Tesla has gapped up and is currently sitting at critical resistance with Strong Class A bearish Divergence. I believe this is a small range where one would take a short in. I have my stop placed slightly above it. But in order to maintain a safe 1:3 risk/reward ratio, I am aiming for the 50% and 61.8% as my exit targets which...
Market gap has formed, a lot of liquidity has also been stopped out. can expect a plummet to fill the gap.
Traders don't like gaps in the price and there has been a large gap in JSE:APN since March this year. The price ha finally reached the top of the candle that caused the gap, and if it confirms a break above the spike, I wouldn't be surprised if it goes all the way up and closes the gap. Let's wait and see what happens.
Good morning traders, The rally in all US indices has been built on gaps. Check the Dow Jones, NASDAQ and also the SP500. There are numerous gaps which need to be filled. There is no gap which has not been filled in the history of the stock market (apart from the present ones). The SP500 has now reached the FIB 127% extension. Expect some negative press...
As my previous posts may have shown, i'm not really a huge fan of this rally. We truly do live in the twilight zone right now and TA is being washed out by many different factors including news, QE that's not QE, rate cuts, tweets, hopium, etc. Technically we've been on this $23 rally on declining average volume, on massive RSI bearish divergences on every TF...
CME Futures gap just got filled without the price dumping nearly as bad on the other exchanges to fill it....now onward to fill the gap around 11.2-11.8 i think it was!
Quick update: Watch for Bitcoin (or even just the futures to fill this gap), as you can see prior gaps were ALL eventually filled, i expect the same here. A move to fill this gap would also coincide with my prior call for a brief retracement, and would also present with a re-entry point for those who have yet to gain exposure.
Massive gap down on March 21 & stock spent the last seven months consolidating before the massive gap up yesterday on positive drug news. Can the stock hold this gap up? I want to see it continue to close above $280 as it consolidates at this new level, then you can get another move up...assuming no bad news comes out about that Alzheimer's drug. If the price...
11/08/19 47 C 100 basis .32$. 11/15/19 51 C 100 basis .18$. Plotted out every gap fill with ranges and levels. May the best bettor win.