Beautifull throw back to the area of intreset with the confirmation of 4 hor hammer candle another comflunce is fib golden ratio
On the 4H chart, QQQ has been in a trend up for the entirety of this year reaching 42% YTD. Of late, QQQ has had a 2-3 day pullback correcting a decent uptrend over the prior week. On the Relative Trend Index, while the signal is below the mean line, there is all the more upside and the overall trend is positive. The dual time frame RSI shows...
From my previous post on CVNA, you can see that I have an overall bearish outlook on the stock due to a dubious earnings report last week and a share offering that could add 35m shares to the float. I have been watching the 2hr chart closely, which shows that we could be in for a large drop soon followed by a downtrend. This is best illustrated by looking at...
GOEV does not compete with TSLA. It makes special use electric vehicles including a NASA contract apparently for vehicles to be used upon the return to moon exploration. As a penny stock, GEOV has weak fundamentals coupled with high trader and investor interest. Large capital institutions have a predominant portion of the shares. On the 15 minute chart....
As a triple leveraged ETF BOIL is highly volatility and typically has a good range even if the overall price changes only a small amount from one day to the next. While these overnight day trades are typically conducted on the 3 or 5 minute time frame, here a 15- minute chart is shown. Because BOIL is tracking natural gas futures and the futures markets are...
XAU last week had a trend up followed by a double top on July 19 and 20. On the @H chart the trend down seems to have included a drop through the basis band of the Bollinger Bands as well as a crossunder the anchored mean VWAP and then further downtrend until price was outside the lower BB. The current candlestick pattern is that of a morning star...
COST had lackluster earnings two months ago and is due for another report in late September, Despite the earnings miss, COST immediately uptrended as if traders and investors were expecting far worse. Since June 1st, COST has been in an ascending parallel channel bounded by the dynamic support and resistance of the first and second VWAP standard deviation...
Latest Bias game results for XAGUSD utilizing Wyckoffs methodology for Range analysis, here based on dynamic tags we called it a Accumulation, considering the lack of sell pressure and the volume that creates a spring or shakeout where demand is bigger than supply. upon reaching to phase E, trend carries on. so, although volume is not centralized, there isn't a...
As can be seen on the 2H chart, Macy's last earnings on June 5th was afavorble beat resulting in first an uptrend and then a sideways price movement for a month and a half. Earnings are expected on 8/22/23. Price has had dynamic support at the mean VWAP anchored in April while the dynamic resistance has been two standard deviations above that represented by...
Strength Gaining Stock! Rallis India Ltd. #RALLIS 1. Inverted Head & Shoulders 2. Highest Weekly Volume Ever 3. Rising from bottom of Volume Profile Keep on your Screener. #stocks #trading #stockmarkets Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
ALGO is currently forming a bear flag on the daily chart following a sharp price decline, indicating a potential continuation of the downward trend. The pattern is further supported by the downward trend in volume. Currently, the price is experiencing a brief consolidation phase. Now let's monitor any breakouts below the lower trendline, and a breakout with a...
High-Level Overview: As we progress through 2023, it appears that Bitcoin (BTC) has transitioned into a cycle impulse wave, a bull run in a five-wave structure, from the bottom of the recent bear market. Within this cycle impulse wave, we are currently in the first primary wave, which is projected to climb up to the 39-40k range. However, this upward...
RVNL made a flag breakout with good volume and BUY technical indicators. This is a good area to BUY this stock for short term trade and long term trade. Entry: 128.4 Short term target : 141.5 Short term stoploss : 115.5 Long term target : 286.5 Long term stoploss : 107.5
Offering Very Good RR Excellent Past Qtr Results Great Valuation at this Price (PE of 1.6) Breakout and Retest of 5 yr Old Levels Showing Fake Distribution
NFLX started a good trend up about June 25 and then pulled back in the day after the earnings report. Although the earnings beat expectations, price continued to drop in a VWAP breakdown shown here on a 2 hr chart. Over the 2 days that followed, price has continued down at a slower rate and candle ranges are diminished. Importantly, the zero=lag MACD...
AUDCHF has been falling for quite some time and has recently broken a strong support level. Price has came back to this level and is currently retesting as resistance. I believe price will continue to fall from here. Fasten your seatbelts!
AMC popped over 50% on the last trading day. So questions arise could include whether there is an juice left in the move? Are there short sellers now buying to cover to cut their losses? On the 15 minute chart, the parabolic move is obvious. The volume profile shows the highest volume of trading at 7.42. A typical end of the trading day and week fade is seen...
Recently, a report posted on the Social Science Research Network found that 186 banks in the United States are at risk of failure or collapse due to rising interest rates and a high proportion of uninsured deposits.Jun 14, 2023 BNKD, the banking bearish and leveraged ETF has dropped in trend down in the past month albeit with some upgoing corrections...