Hey my friends, ARES MANAGEMENT CORPORATION is in an uptrend with a hammer bull candle and a large buy volume executed. But on the Daily it's a sales volume and it shows which to explode. On the TIMEFRAME 1 Min we observed a refusal from the sellers on the VWAP. So it will collapse on the last precedent lower, which is on the bottom of the consolidation zone. Then...
Trend (Prior Uptrend)
Pattern (of consolidation below recent high)
Squeeze (volatility contraction)
Usually this resolves to the upside, letting all the contracted volatility energy out.
Also, Price usually bounces off the 34 EMA in an uptrend like this.
Targets are the 1.272 / 1.618 extensions of the swings in the consolidation. This is usually where high...
Another good candidate for trading today
It's possible that today's paper won't be allowed to go up, because so far all for a false breakout plus all the SPY is now -0.13%.
But there are two possible scenarios in this paper:
1. Today there will be a 38.08 level retest, a false breakout and a rollback.
We look at the SPY and make a decision based on the...
The new earning report released for ARE increase more than 300% since the last report in October 28 2019. (EPS) of ARE is (1.74) compared (-0.44) to the last report. This earning can be the new bull move of this company because earning is what matter as I published here .
I totally recommend investing in this stock for at least the next quarter and see if the...
Weekly and Daily Setups
PA Sell off & RSI Oversold.
BB% Mid level on Daily and Lower BB on Weekly.
Looking for reversal to mean back higher.
Aiming for 140/135 Bull Put Credit & Call option for Directional bias higher.
Exp July 19.
Good Luck - Watch YOUR RISK.
Fine tuning of my momentum model to on a large scale to perfect it & sync it to daily models so as to allow for short term momentum trends to determine optimal buy points & peak points on smaller timeframes ( eue.tu.ub).
brschultz / markettimer777
ARE triggered an alert on the Weekly level for a pre-earnings play. Volatility is creeping up so it should offset theta to a degree allowing me to capture delta if it makes a move to retest the high prior to earnings.