NVDA shot up on earnings two months ago and more or less went sideways until mid July when it trended up for a week and then reversed downward. On the 2H chart, I have placed both a VWAP anchored to the earnings date as well as a volume profile. Price is currently above the 0.5 Fib level as well as at one standard deviation above the mean VWAP and above the...
FORD on the 2H chart double topped in mid July and then descended as it had reached the second deviation line above the mean anchored VWAP. It continued the fall had a bit of pre-earnings run up and then paradoxically fell with very decent top and bottom line earnings. If you know why please let me know. After earnings and the fall, FORD reached the...
BULZ is a 3X leveraged version of the Cathie Wood ETFs. As shows on the 2H chart BULZ broke out of the fair value channel of the anchored VWAP bands in bullish momentum Not a coincidence. In three months it has gained over 110% or 35% per month compounded. The MACD indicator shows the lines peaking over the histogram a cross of them is pending. The mass...
SBUX fell going into earnings in early May and continued down all of May then pivoting into a slow climb on this 2H chart through the lower anchored VWAP bands until the present where it is about to cross the mean VWAP lines as signaled by an engulfing green bar after a Doji. The dual time frame RSI lines have both near the 50 levels with the lower in green...
NVDA has been in consolidation for two weeks. On the 1H chart, yesterday, the MTF RSI indicator shows that the lower TF RSIc rossed over the 50 level and then crossed over the higher TF RSI a clear and convincing sign of rapidly increasing relative strength. Price is in a VWAP breakout now having crossed from the mean VWAP anchored into mid- June and up...
NFLX up trended starting June 1st through an upper long term anchored VWAP to the next higher VWAP line coinciding with earnings. NFLX dropped after good earnings probably because investors expected even better. On the 30 minute chart, NFLX has more or less completed a 45-55% retracement of that trend up and is now sitting on the VWAP line that it crossed...
TSLA on the 2H chart has been trending up since the earnings in April with minor corrections along the way including this past week after favorable earnings. The news of the massive pre-orders of Cybertruck has permeated the trader and investor community that follows TSLA. On the chart, TSLA broke down the anchored VWAP bands to settle on the support of the...
Shown on a 15-minute chart, SOFI is seen slowly rising in a parallel channel bounded by a pair of anchored VWAP bands - the first and second deviations above the mean VWAP from anchors back in mid-June. Fundamentally, SOFI has been challenged by another round of student loan forgiveness by our President as well as the instability in the prime rates ongoing....
TLT as shown on a 30 minute chart shows TLT in a narrow range last week and then a pivot down to begin this week followed by a downtrend and a small correction until then the fed news of the rate hike came out. Today the general market dropped after some federal financial data came out and a treasury auction was a dud bond auction with little...
Yes, I think that it is. On the 15-minute chart, the price action of the post-earnings drop is seen The earnings beat the analysts. Price has started a low momentum recovery. The dual time frame RSI shows the low/blue line RS rising above the high/black line. SNAP is in the deep oversold and undervalued territory in the area of the lowermost...
AMZN on the 30 minute chart has descended from a double top / head and shoulders pattern in early to mid July and is now set up in the lowest VWAP bands in oversold undervalued territory. The RSI shows lines bounced from the lowest green line set at 20. the low time frame blue- 5 minute line has crossed above the higher 60 minute black line time frame and...
XAGUSD on the 15 minute chart- bounced off an intermediate term anchored VWAP during the middle of the NY session. The Relative Trend Index indicator and the Z-score are confirmatory. Price is now trending on the line of 2 standar deviations above the mean VWAP line . I will open a trade here targeting 25.25 expecting a rise to the third deviation line in...
Boeing had a big pop from very favorable earnings today. So far there has not been a fade or retracement. The relative strength lines however topped out and then retreated a bit signaling bearish divergence with the lower TF below the higher black TF line. Likewise, the MACD indicator is showing a line cross above the histogram whose amplitude has dropped...
FFIE is part of the EV Sector but marches to its own drum and cadre of investors and traders ( speculators). On the 15-minute chart the MACD has signaled an entry with the green dot. Price is sitting on the support of the intermediate term anchored mean VWAP lines. The low and high time frame RS lines have bounced off the lows and are in good mid-range. I...
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 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...
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...
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...