GE on the weekly chart has been in a trend up with some corrections along the way since a double bottom in the summer of 2022. It has had some sections spin-off including the health care poriton of the company. This company as a mega-cap industrial with cash on hand is independent of interest rate concerns. Much of its business in long term contracts. I...
Settings for Davidd's Trendhoo strategy on RUNEUSDT.P Bybit 15m long only
CME_MINI:NQM2024 - PR High: 18047.25 - PR Low: 17998.00 - NZ Spread: 111.25 Key economic calendar events 08:30 | CPI (3x) 13:00 | 10-Year Note Auction Low vol, rangebound prev session - Potential daily reversal print long - Maintaining stability of daily inventory - Volume shift heavier to contract month M Evening Stats (As of 12:05 AM) - Weekend Gap:...
NYSE:SHW -- bullish chart Mean ^ Var ^ Autocorrelation crossed 0 into positive territory, which means trending Last indicator shows a measure of information; the higher the information, the higher the uncertainty. You want to be trading when the indicators is decreasing.
Supports and resistances are squishing XRP's price volatility, setting up a big movement. Extremely low price volatility and volume at the moment. XRP.D is low as well. Token sentiment is also very negative. Price is still below the rising MA200, which is a buy. Fixed range volume profile gives us a short-term resistance of 0.615$. Support is 0.495$ and 0.43$....
CME_MINI:NQH2024 - PR High: 18060.25 - PR Low: 17974.75 - NZ Spread: 191.0 No significant economic calendar events Widest NZ spread of the year - Volatile inventory swings at open - Friday QQQ bar engulfing prev session - Below Friday's low Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 265.48 -...
As we have broken previous high we expect the market to retrace back to liquidity rest and fill in the bullish imbalance candle and bounce to our first OB which my be not much stronger than OB2 which means when we take position we use proper risk management if OB1 was violated we still remain with our last chance to go long from OB2 using the same rules of proper...
BBAI fell on an earnings miss on Thursday March 7th. The downtrend of 30% was basically a slow flush. Penny stocks are volatile to begin with; this one is in the hottest of subsectors. Price is in the hard oversold area just above the second lower VWAP line on this 15 minute while the RSI lines are in the mid-30s showing the price weakness. A predictive...
SOFIR showed here on the 30 -minue chart has had great volatility in going no where since the start of the year. Volatility can be harnessed for profit. This is the essence of swing trading. With an intermediate term anchored VWAP band and line setup, it can be readily seen that price first was resisted by the second lower band line in purple then broke...
AMD on the 15 minute chart breakout through anchord VWAP bands starting on February 29th from the mean anchored VWAP support. Two days later finding itself extended to the second upper VWAP band, price corrected over the next day down to the first upper band and then after a few hours reversed and headed back toward the second upper band going...
PHUN is in the advertizing business specializing in targeting consumers with smart filterning of the ads tailored to their websurfing and data history. That said, it competes with Google, Facebook, Snapchat and all the rest. it is far more volatile than them as a small cap company. The trade is in capturing the volatility. On a 120-minute chart, PHU was...
NOW is on 15 minute chart with a volume profile overlaid and relative volume and volatility indicators below the chart. NOW had a good earnings beat late January. It is halfway to the next earnings. I think right now software stocks are hotter than hardware/ networking stocks. NOW got dragged down by technology headwinds into its support and the fall got...
MSTR is now oversold but has a great earnings beat and the cryptomarkets surging to support a bullish idea. The 15 minteu chart shows price sitting on support of the POC line of the immediate volume profile. With confluence, it is above a fully horizontal lower VWAP line that has no slope. Support and resistance horizontal zones are drawn in for reference...
JAN had earnings but I cannot find the report. It is trading with heavy volume and it shows in the price action. Price has pulled back in the after-market in a standard Fibonacci retracement. A pullback is appropriate here as price has gained 250% in a month. I see the pullback as healthy and JAN is now well positioned for another bullish continuation....
CME_MINI:NQH2024 - PR High: 18288.75 - PR Low: 18256.25 - NZ Spread: 72.5 Key economic calendar events 08:30 | Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate Back near ATHs - Holding under prev session close - Daily print, pivot long towards another ATH breakout Evening Stats (As of 1:35 AM) - Weekend Gap: +0.08 (filled) - Gap 10/30...
MRVL on the 60 minute chart certainly had an impressive run for two days gaining 16%. The chart however shows the bullish candles are decreasing in range and price is more than two standard deviations above the mean VWAP and far outside the high volume area of the volume profile. Bullish volatility fell to close the trading week on Friday afternoon. My trade...
CME_MINI:NQH2024 - PR High: 18048.00 - PR Low: 18018.50 - NZ Spread: 66.0 Key economic calendar events 08:30 | Initial Jobless Claims 10:00 | Fed Chair Powell Testifies Prev session printed as inside bar - Fading to prev session open from close - Inventory response off prev session lows - Consistently responding around daily 20 Keltner avg Evening Stats (As...