Telecom Industry stocks hit the wall of Market Saturation some time ago. NASDAQ:TMUS has a pattern that indicates a controlled selling mode of larger lots before the earnings report. There has been more volume to the downside and money is flowing out of the stock while the price action develops a narrow sideways range. Risk for a breakout to the downside is high.
Dark Pool buy zones, identified with Relational Technical Analysis of the candlestick patterns and where they form in the long-term trend, along with indicators that reveal large-lot activity, are the key to preparing early for momentum to velocity runs for swing trading, position trading and even for planning long-term investments.
NYSE:CHWY is working on a...
The Weekly Chart of NASDAQ:COIN shows that the stock has been struggling to build a bottom despite some early buying from large lots within the sideways action of the bottoming range.
Coinbase has future growth potential as an investment, but the CEO and Board need to realize that the SEC rules the securities markets and that Cryptos, as digital assets, are...
WDAY is working on a final sideways pattern before testing the completion level for this intermediate-term bottom. Large lots have recently created a Shift of Sentiment™ pattern in the Balance of Power Indicator with their large lot activity.
SNPS failed to maintain its new all time high price, and moved down as selling for profit by large lots overwhelmed smaller lots buying. The pattern is support, at a weaker support level.
NFLX has moved into the completion of bottom area, but is struggling to hold on to that completion level. Some rotation is present from large lots. NFLX did not have a strong pre-earnings run.
ISRG dropped sharply from its recent new all time high. The stock is struggling with heavier large lot rotation action at this level. Volume is too low and Balance of Power shows heavy rotation.
AMGN has a Flat Top Formation that is breaking to the downside during earnings season. Stocks with weaker earnings are under High Frequency Trader triggers to the downside. The weak run up reveals the large lot selling at this level.
MU weekly chart shows a bottom completion underway for MU as it recovers from a 50% decline last year. The stock is showing some underlying momentum from large lot hidden activity.
Professional Traders are creating a consolidation for JD at a long-term bottom completion level. Heavier-than-normal large lots are on the buy side based on Balance of Power Indicator patterns.
AAPL has reached new highs recently, moving up due to new investors buying fractional shares of this stock. However, Dark Pools are selling large lots as AAPL moves up. If the fractional investors stop buying, the sell side pressure will increase at least temporarily.
The Hershey Company gapped on a solid earnings report. However, the recent run is a shrinking run candlestick pattern. This warns of hidden large lots selling against the smaller lot buyers.
