This is my favorite short. Massive background markup allowing distribution as shown by volume. Minor rally upthrust on May 01 shows more weakness. Stepping down of price in an orderly narrow spread fashion, just to see how low price can go without a break. 06-03 looks like a quick short covering rally and confirmed by price immediately giving and heading price...
Cyber has lots of distribution on the 15M, with a clear SOW UT. Downtrend has began now and were currently on a very weak rally in that downtrend. a break below the rally trendline has just occurred. I am under the belief this should continue down until finding true support. There's certainty enough distribution to get this market going down.
Stop: 70: 30
Wide...
Arrows mark to two best short opportunities. This is looks too obvious so I am doubting myself.
Distribution over the last few days, were now on the backside of the selling. So short the upwaves. Look for upthrust, high vol upbars, or no demand rallies
Stop 57.70
E1: 54.50
E2: 51.90
Hypodermic style rally for three days. Huge volume on the backside slamming the stock down. Now we've had a two day rally narrowing spread and lowering volume after high downside volume and overextended chart tell me we've got no demand as price rises. This lack of demand will allow sellers to hit the market. Expectation near 35
At 72 , UA came out of accumulation, commencing the markup stage. Massive vol came in at 72 not sure what that means, but after the UT w/ large volume the market tested right at the base of the UT, move sideways and preceded higher so for now that is resolved.
On 4/21 massive volume came in on the downside after a hypodermic the previous day. UA slid right down...
I'm afraid to say it but apple looks like its under distribution. Starting at the 134 in the background, clearly this is a minor buying climax. Automatic reaction to 122 appears as support and is tested a second time before mtk is rallied back to 134 with a massive Upthrust which facilitates selling on the way up and the way down. Now the next support and...
