VRSK is defying the overall market and indexes. It continues to move up in a moderate Uptrend that corrects intermittently, thereby sustaining the trend. This is one stock where there is NO Dark Pool Quiet Rotation™ underway.
Throughout the past couple of months, slow Dark Pool Quiet Rotation™ was going on while the stock was in Buyback mode. Professional Traders used AXP Buybacks to set up good runs until the past 2 weeks. Now Buybacks stalled, and Retail Traders have taken over.
AMZN ran up on buybacks that moved the stock up rapidly. Meanwhile, a slow and steady Dark Pool Quiet Rotation™ Pattern with incremental selling of this stock continued. The stock faces stronger resistance above the current price.
Incyte Corp. has overlapping white candles on a strong move out of a short-term bottom. The overlaps are caused by pre-market open selling that gaps the stock down. The run up shows strength within the buy side.
Buying here just above $1.30 support level. About a month or so left for an important data release. Dilution done and out of the way. Small float and a big short percentage. Nice setup for a run-up play imo.
SIEN has had an amazing run despite negative earnings and is currently showing weakness/indecision at a key level of resistance. Switching to the weekly chart shows nicely where price has tested this level before. The last time it was above it and then came below this level price crashed HARD!
I am bearish on this one... This could mean the momentum is drying out...
POA network is one of the coins I am post passionate about. Also, I believe will do really well during this next altcoin rally. POA token is attractive to investors because they are a platform token with a brand new consensus mechanism, Proof of Authority. Proof of Authority, or POA puts identity up at stake instead of holdings. since everybody has only one...
This is what i found while i took a look in OMG/BTC and it is looking like h&s or at least cup and handle if u wish.
but after all my target is on .786 fib if we break the 0.5 fib!
Alts are back and we sould definetly expect a nice run up everywhere!