LMND is sitting pretty on a nice volume shelf. Also surfing above all 3 EMAs. 33% short interest makes this a great short squeeze candidate if CPI data comes in bullish.
MDB is in downtrend, Below 50EMA, on the way to fill the gap below. A big Volume Shelf gap and no support upto 290. Downside Target#1 - 290. If that breaks, another Volume Shelf Gap and an Imbalance, further downside possible. Downside Target#2 - 240.
I could tell you about volume, and shelves, lines, support/resistance, distribution, candle patterns, and You get it. You don't want that. I know what you want. Keep it simple Exhibit 1 - Look at that s#$t! Exhibit 2 - Pretty sus' bruv Exhibit 3 - Lmao tf is happening? Exhibit 4 - You already know what to do 🧠
Definitely in phase 3 - distribution. Could create a triple top but I'd be careful with energies after this rally. I'm going to short below the volume shelf and below 50 MA (red). Today we might have a bounce.
The last weeks in the markets looked ugly. If SPY is unable to hold this level (375) we are looking at LOY 363, and then 200 weekly MA around 350 or the end of this volume vacuum around 330. All plausible. Question when buying PUTS its only "when"?
Absolutely book perfect gap fill on AMZN. Straight down to the 50 and 100MA and also bounced on the volume shelf.
SPY didn't care about supports and dropped over 3% in one day. Scenario C seems more likely. 50SMA and also 0.5 fib retracement and volume shelf in that range.
NASDAQ:RCMT RCMT closed just above support if you ask me, you can see it on the 1H chart. It broke out, came down to test the support and it holded. I am curious about tomorrow. Huge volume shelf below for more support. What is your opinion about RCMT let me know.
NYSE:MMC Yesterday the price closed above resistance, making a new ATH. What are your expectations for MMC? Please leave a comment. This is what I see on the chart, please correct me if I am wrong. - We have a purple square as support, because MMC opened higher there is a small gap. - I see a Cup and Handle pattern that started on 30-12-21. Cup...
NASDAQ:AAPL Please correct me if I made a mistake, I am just a beginner. I am only here to learn. How I interpret this chart is: - It looks like we are trading in a range, between the 50 Day SMMA and a volume shelf. - looking at the SPY in the pane below, it looked like the SPY found support. - in my opinion AAPL and the SPY move pretty synchronized, and I see...
High chance $AFRM falls down to the trendline support over the coming days, maybe even lower as it looks to fill the gap. Take note of the volume shelf underneath! Once the bleeding stops I'm willing to bet we stop around 65 or 70 allowing us to load a long position into earnings!
After Head and Shoulder formation, the downtrend may be reversed in volume shelf support zone.
We've got a great risk to reward trade with $F right here! It's sitting at the bottom of the channel, right ontop of a large volume shelf. We should gradually make our way up the channel over the coming days. I grabbed some 12/17 20Cs for 0.53, with a stop slightly underneath in the event we drop to the downside.
$AEI 8 doji days in a row. Extremely tight price action. This consolidation is going to come to a resolution soon and it will blast off in an explosive way. Price is currently sitting on an insane volume shelf. My stop loss is at $9 price targets are 1. $15 2. $20 3. $30 Safe Trading Everyone.
another stock overdue. all crypto and mining stocks moving except for $sos? not shady at all... unfortunately turned into a cult stock. either way... short term, really need to break this down trend. plenty of support in the 4s. low 4s may be revisited. daily chart showing extreme bullish hidden divergence on rsi, macd, macd hist, momentum, cci, stoch, diosc,...
Well, it's been a week of pain for growth stocks. Let's see if it's able to hold this line. We may have found a bottom.
This one I have been in and out of already. Lucked out and sold before all the pot stocks took a nose dive. - New entry potential here. Right on the 20MA. - Will watch Tuesday morning. - I could see this dropping to the $6.70 range , or just bouncing from where it is now.