The stock has been moving up making Higher Highs and Higher Lows after a Down move. Then it faced rejection around 680 levels. Then was pushed down below all the EMAs. Then it recovered from below and attempted to take out the Rejection Zone. It has just inched past the supply area. But the Relative strength and Money flow are still negative and improving. Once...
The stock is seeing almost five year High. On the weekly we can see a a nice VCP pattern. On the Daily chart it is coming out of the supply shadow of effectively two "BC' Bars. Today we saw a High Volume "Effort to Move up" bar. The Relative Strength is also Positive. After a long time the stock seems to be gathering the strength move up and scale up retake...
Since the first of the month, the QQQ has bounced around between levels. As shown on the graph. high volume spikes have resulted in a decline in the QQQ the following days 8/10 times of these occurrences. The times that this did not occur were when the QQQ was at the bottom of its range. And during the beginning of the month. Because the QQQ is at the top of its...
Hello Everyone, I know a lot of the news as of recent has been largely negative regarding the US banking system, as well as the War in Ukraine; but I wanted to share with you an alternative. If you examine the chart, you see that volume has significantly increased over the last four days. Historically, we haven't seen this kind of volume since the market bottom...
Topglove chart again!? It must be very “boring” as I “re-access ” my ideas again and again on Topglove chart..BUT since I personally invested on it I never treat my hard earned money lightly..
On 4h TF Some good signals - Positive divergence RSI - Morning star BINANCE:SOLUSDT is climbing to 97, perhaps What next, wait and see
BIG industries Bhd - Very hot stock past 2 weeks, waiting for another game play. Might be a profitable trade for swing trader IDEA TRADING TEKNIKAL 1. Head and shoulder pattern spotted waiting for breakout confirmation with volume = sincere BO 2. Moving average tersusun cantik = strong uptrend 3. Entry level pada MA20 and MA50, TF daily 4. breakout...
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Quick note on this relative volume-per-range signal (in the vein of VSA / VPA / volume spread analysis / volume price analysis). The basic concept is simple: volume per range tells you how many shares it takes to move an asset by $X. The higher this number, the harder it is for price to move, and the more likely it is that support/resistance or supply/demand...
LFTY has seen a downtrend range since March 21', and keeps making lower lower and lower highs. Chart may look a little messy with the VPA, but here are the notable things about this pattern: -Both support and resistance have had 2 high touches, with the 2nd touch nearing the resistance (support has had 3 touches) -The ellipse shows a Head/Shoulder formation, with...
CME_MINI:ES1! AMEX:SPY End of Day - Oct 21 - Analysis What happened: ES/SPY has basically reclaimed its ATH (4549.50) with a close at 4541.75 (Oct 21). Analysis: Volume analysis indicates we have declining volume with a rising trend. However, the actual candle bodies have also been decreasing. Therefore, the move is likely acceptable without...
The bears have finally pulled price below the main POC at 4350 (this is still in play). We saw a large move followed by a doji and another large move on the daily, will today be a doji? As I write this we are approaching a bearish reversal level on the daily Informant Pivots. These levels were bounced off of all of yesterday's trading session so I suggest you pay...
This is a tight inside value day on the Informant Pivots, just 19.98 in difference from the high/low-value pivots. The last explosive move came form a 36.85 point difference and that was yesterday (9/28) for a 86 point move. I expect a large move leaning to the upside tomorrow. I believe yesterday (9//28) was indicative of bullish reversal based on volume and the...
IIFLSec has broken above 72 level with Strong Move up to 75-76 level on back of strong volume push. VPA analysis of the subsequent retracement is indicating very little Selling happening on the counter. Positionally the stock is in a established Bull trend expecting to touch 100, 120 on charts in the next 3 months. View invalid below 50 EMA on 4 hour chart at...
Let's start with contextual analysis first.
As always, to read in junction with my previous analysis with link above is advised.
Right now it comes to half of March and the roller coaster has been running all the way down to around 28500-29500, with big shake from session to session. Have got a feeling that market will be set to kill the volatility bulls for the coming couple of days, before it decides which way to go (downward then most likely). From day chart, interesting analogised...