This is a simple resistance bounce setup. There was a significant fall in oil and stocks as well as growth in EUR pairs. I don't believe the move was genuine. More likely, just a squeeze.
When it comes to CME's, common talk is price will re-trace to the gap at one point in time ( Can be sooner or later ). On this chart you'll see the various CME's in AMC but the most significant ones relative to recent price action are 2 CME's
51.55 - 51.69 (#2) 14 Cent Gap
&
38.88 - 38.14 (#1) 74 Cent Gap (Empty box near MA's)
Market open Monday should retrace us...
With a massive squeeze on 4 timeframes (4hr/6hr/1D and 1W), XLF is poised to make a big move (In the chart, blue candles are all TF squeeze candles).
Squeeze release is usually accompanied by a fakeout, so need to be careful there, but based on other momentum indications, good chance of this breaking up. Breaking up that RSI resistance will be a good...
From a cyclical perspective, and with Heikin Ashi candle sticks, we can see better the cycle of AMC. It forms sort a huge cup and handle on the weekly chart, a reverse h&s in the 1h chart, a neutral RSI in short et midterm charts and a volume divergence where bears have less and less momentum creating higher lows. I don't thing there is going to be a final sell...
SDC was smashed very hard , now its a safe bit to enter a worthy trade , price target and SL are shown on the graph .
Keep in mind this is one of the top trending stock in WSB.
Trade safe
Its been a long time coming, shorts are fighting hard for this stock. the short interest is very high 275,000,000 shares. Weibull has no put a max buy limit of 7500 shares. The last time this happened was on AMC.
the float is 115% bought 15% short 275,000,000 shares
the company had a 20% good news spike on the purchase of alcanna liquor 171 stores making SNDL...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $MIRM on 10/29/21 at $15.70 per share. Our first...
TRKA is about to blast off
Check the chart it has been going up and down for more than two weeks , now its trying to soar high
It worth a try
Everything is on the chart
Trade Safe
The momentum indicator shows the speed of motion of the symbol as it goes bull (positive) or bear (negative).
When the candle closes dark green on the momentum indicator on the weekly, the momentum turns bearish, and the price action doesn't turn around until it's dark red, which is when the bottom is in and it's good to start looking to accumulate for long term...
BIMI had a run and left many gaps opened , now its time to fill out those gaps and fly in the sky .
This is a very risky trade
High risk / high reward.
Don’t enter if you can’t manage your trade
Trade Safe
