We could see a retrace from around here at weekly H3 to L3 based on weekly camarilla pivots. this is invalidated by breaking above the H4
also worth mentioning we have both a 4hour AND daily TD9 sequential sell setup.
I dont want to be the bad guy and I do think we can get a little more upside action. However with the current market overconfidence I do not...
$BMBL has already made a 50% down move from IPO high - a pattern I myself have observed to be working really well. I applied this observation to the $HOOD play and it worked really well.
$BMBL printed a very good-looking 9 day above TDST support a few days ago.
Looking to buy this reopening play. Other dating stocks should also be on watch. I currently am...
Steel had a massive rally from the March 2020 low. Not calling it just yet but it sure does have all the symptoms of a top:
Extended run. 3 legs usually end it. Topping weekly 9 being bearing engulfing bar. Printed a weekly 13 sequential on the way back up with low volume and this last week see big volume down.
I'm not a crazy apple fan boy but I sure am a big $AAPL stock fan boy. Just zoom out a bit and saw how wonderful an add is at the daily 9 buy if you believe in the stock long term. The 9s don't always mark the bottom of the pullback, but they are close enough :) When you know something has great fundamental and its stock just keeps going up, just add on the 9!
A three inside up candlestick formation was completed on August 23rd, on the daily chart, signaling a possible reversal. Later on September first after some nice upward movement, again on the daily chart, the Lux Algo flashed a strong buy signal. A day later on the second a somewhat contradictory signal flashed, the completion of a sell setup on the TD sequential....
I've talked about consolidation 9 a bunch on my twitter and previous ideas. I believe $TSLA will join $NVDA and $PYPL in having a continuation 9 and burst higher. $TSLA has a strong hammer candle at previous resistance turned suppport.
Reminds me of $CRWD
Lots of consolidation 9 on the market. I have expressed interest on twitter @kidzevn about consolidation 9 continuation pattern. When the 9 is inside a range, a close above any bear candle is a great add. Same setup right now with $NVDA.
We are also holding 9 period VWEMA (Volume-weighted exponential average), hugging this line is an indication of a bull run.
$LMND printed combo and sequential 13s. Bulls buying the signals are already profitable. Friday candle printed a bullish engulfing for next week. A good looking setup for a swing trade. Overall trend is still down. Tread lightly.
I sold all my $FTNT holdings at the last 2 combo 13. Am I regretting the sale? Yeah.
I value $FTNT at about 50% overvalued (surprisingly every other high growth tech companies are sitting at this valuation too) and the move up has been really extended.
I should have held just a little just in case. Right now we are looking to break ATH
The double 13 signal the other day likely produced the 2 selling pressure days. However today we saw a strong move that, very importantly, made another price flip. The setup count is now reset to the upside. Yes the yesterday price flip would indicate a good short opportunity, but given the strong move today, producing a piercing line pattern, $BTC shorts might...
hot names after the market has rallied to the high are printing 13. Might not be anything significant but for those disciplined Demark traders this is something to watch. The 13 on $AAPL is definitely pretty for taking profit.
An overhyped stock, dubbed to be one of the "$AMZN wannabes" cohort. We see absence of buying pressure on the daily and weekly chart (no green bars). This implies no interest in buying dip, the last green bar seen had its low broken --> dip buyers got hurt.
However we see it printing the daily 9 and sequential 13 and potentially a weekly 9 next week. Demark...
Expecting price to react to this double Demark signal: sequential and combo 13. The combo especially have historically worked at predicting exhaustion after sharp price movements. I anticipate a short-term top for now.
Conservative trader might look for price flip to exit position. Or using my new indicator, exit the position when the low of the first red bar is...