Inside Bar
Breakout in $SYY?Certainly appears so, according to my crayon drawing... but in this market? I did not take the trade, not quite enough volume for me when my omnipresent device chirped for my attention... (Which means it has a greater likelihood of being a big winner because stocks I buy only go down and so on).
Anyways. I don't like that declining volume on the Weekly.
Today, 2/24, the Daily, volume was 28% above average which is encouraging. Also, it was an Inside Day today.
Sysco should be considered a COVID recovery play IMO. EPS re-accelerating. Revenues returning and possibly surpassing pre-pandemic levels.
RED FLAG WARNING- I haven't read the call, but I'm guessing they are fairly susceptible to inflation and margin pressure.
Maybe it's building a handle? Is that reserved only for cups?
Onto the Focus list it goes.
XTZ Target Price 4.4599Price closed above 4.0809 support level and exposed 4.4599 resistance level as a target for take profit.
GBPJPY: Inside Bar Breakout 4-2-2022GBPJPY – SPOT
GBPJPY: Inside Bar Breakout 4-2-2022
Price Action: Price exploded higher from the Inside Bar Breakout Pattern that had formed, earlier this week (We suggested buying the breakout above that pattern in the February 2nd LTTTM Newsletter).
The recent Bearish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some of you on this market).
Potential Trade Idea: We are still considering buying if price pulls back to the current Inside Bar Breakout area.
PALANTIR - Possible bear trap in progress? Hi All, my main 3 take-outs from this analysis are the following:
1- Despite the huge volumes in the recent drop, I personally feel like this might be a bear trap
2- Inside candle pattern which might mean reversal anytime soon
3- Big descending wedge on the daily chart with take profit projection at all time high.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Inside Bars On Bitcoin Suggest A BreakoutWe see that bitcoin slowed down recently with an inside bars pattern, but above the falling trendline which is actually trying to act as support now.
An inside bar formation can bring the volatility back, but after a daily close above the Mother bar. This can then cause a continuation back to the highs
On the other-side drop below the Mother bar, may suggest that weakness from Oct 20 will be more complex and tricky with potentially lower prices ahead.
ATNF ReversalATNF has made higher lows since it gapped down in mid August. The price is still oversold with an RSI just under 50.
The most recent candles have tested the 200MA and the .23 fib levels. Yesterday's candle made an inside bar which is a bullish signal in an uptrend.
Looking for the price to move over the 200MA, preferably with volume to confirm.
Targeting the fibonacci values: 1st $7.46 longer term $11.75
NAZARA TECHNOLOGIES INSIDE BAR TRADEafter ipo launch nazara technologies is also consoldiating in tight range in weekly time frame
first candle of weekly time frame is acting as a support and resistance. currently we can see a clear breakout on a charts time for go long in this share
upcoming targets 2400, 4000
sl 1350
Trade Review] How I traded $FB, $PYPL How I cut my losses, PlaysIn this video I will reviewing trades I took on September 15, 2021 going full in depth explaining how I traded $FB, $PYPL: showing you guys my entries how I put it together with other confluences such as support and resistance. Traded tickers with a new strategy I been testing with Inside Candles Credit: TW for his indicator and his strategy! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Inside Bars, Channels , Emma's, Opening Range Breakout and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always!
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