With a candle that can be seen as a hammer, the price closed the gap by taking buy orders that were in the majority compared to sells, the candle is evident. In the related analysis I had written that it would be a very useful level, given that gaps often work well as supports or resistances, in this case it has become a very useful support, a perforation of the...
CME_MINI:NQM2022 - PR High: 11921.25 - PR Low: 11882.25 - NZ Spread: 87.00 Evening Stats (As of 1:35 AM) - Weekend Gap: = +0.23% (filled) - Session Open ATR: 438.32 - Volume: 39k - Open Int: 248k - Trend Grade: Bear - From ATH: -29.25% (Rounded) ! Hovering over -30% from ATHs ! Key Levels (Rounded - Think of these as ranges) - Long: 14105 - Mid: 12960 -...
They got a beating 12/09, Tues gap filled EOD, RSI near oversold, expect turn higher soon, watch the indicators!
The “Bitcoin CME Gap” is the difference between the trading price of a CME Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday. In 77% of these cases the retracement occurs in the subsequent week, before the next CME market open. No matter which type of trader you are, never forget: “mind the gap”.
I like the hammer candle ok and it is forming a nice retest of that gap off of the big up day. Gave it a little extra wiggle room because it is a new name.
This is a pretty important resistance for Venkeys. The stock has a tendency to retest 1000 levels. The last time such a retest happened, it broke out of an upper circuit spree. This time around, the candles do not inspire confidence as the most recent three indicate a fair bit of choppiness. Volumes appear to be fairly good and momentum seems sufficient to breach...
#BTC (Update) Last Week's CME gap (7180-7320) Filled..!! What About Current Week's gap?? (Market Closed at 7075)
Update on my previous idea: the gap up has been closed, 2 gaps down have been closed with more gaps up created. We are closing in on the 3rd gap down which also coincide with the golden 0.618 fib and will very likely be closed next week. I'm expecting a rebound in the days leading to the Q1 delivery numbers announcement with maybe the date given for battery day...
Amarin had a gap down on July 18th that created an Island Reversal pattern. The stock saw another gap down on August 9th. AMRN has pulled back a couple of times after filling the gap creating a double-bottom & a base for the stock. Once again the stock price is testing the top of this fill level but with stochastics reading overbought I would expect another...
BYND has filled its gap as it is heading into earnings. A beat or match with decent guidance will likely send this back up. PT at $125. Fib pivots indicate oversold as it is below S5 on the month (1.00). Options market is expected ~$8 move after earnings. May see a short squeeze here.
Technicals Facebook has filled the gap and the 50SMA, now its top is working as support. --- Bull The yellow rectangle I drew on the bottom wick of today oct.18.19, has an above volume average. --- Bull Details to enter position Enter: 185 Stop: 175.4 Sell: 204 RRR: 2:1 * Check out my previous analysis right before the gap (linked)
ROKU has been slaughtered over the last couple weeks. Is it time to buy for at least a bounce? I'm leaning towards yes... but I haven't really gotten an entry reason. ROKU fell more than 40% from wick to wick on the candlestick chart. That's pretty incredible... however, they have had a tremendously good year. I'm not saying they will go up and retest their all...
SFIX Stitch Fix is one of my faves, and I am a customer as well. if you haven't tried it yet, I would definitely advise. Very nice service. Anyway, technically speaking I am looking for a repeat of history from the last time the 125 MA support was lost. Then it retraced back up to flirt with it as resistance until meeting its short term downtrend resistance...
There is a symmetrical triangle on bitcoin cash at the moment. The highest volume candle is denoted by the dotted light blue line, this point is used to reference the peak width of the triangle. If this symmetrical triangle was to break out to the upside, the price objective would be ~400. Since this symmetrical triangle came from a downtrend from a top, the price...
The gap we cautioned about on the S&P 500 Index is now filled! Time to get on the bull train? According to the trading plans published in the morning, our aggressive models have closed a positive short trade and are now long, with a trailing stop. For further details on the trading plans, please check at our site. For timely notification of published...
120 pips total 80 from top of second high 40 from the retest of neckline This is the text book M formation/double top, a scalp trade turned swing trade Take note of the psychological resistance level as well The hanging man in London, the drop in NY, retest of neckline and complete the gap fill in Tokyo Beautiful trade Basic candle stick pattern, basic double top...