ReactReflect

ReactReflect Apr 20, 2024

Looking at the last Sept correction, all of the three legs has a drawdown of around 8%. First wave took 23 bars. Currently, we've are 20 bars into the first down leg with a drawdown of 8%. QQQ at 413 is the VWAP from the Oct, 2023 low and the top of the Jan base. It was almost touched on Friday. If we get one more down day, it's likely a good buying...

ReactReflect Updated  Feb 5, 2023

last gasp failed breakout. BTC has a pattern of fake up and drop.

ReactReflect Jan 25, 2023

At this point it's too obvious and the longer it stays put the more suspicious. Holding and see.

ReactReflect Updated  Jan 22, 2023

1. Demark 13th, aggressive, combo, and sequential 2. RSI overbought. previously after reaching this level, a pull back of 10% ensued 3. Reaching previous resistance of 100 in late 2022 5% stop. Target: 10% for 1/2 and 15% for the rest.

ReactReflect Jan 19, 2023

Touched the top of the down channel in a straight line, almost up vertically. Overbought

ReactReflect Jan 19, 2023

Powerful Biotech HTF. Very tight, and clear VCP in 1h. up on market down days speaks strength. RISK: flag a bit short market negative too obvious???

ReactReflect Jan 19, 2023

straight up to prev resistance and reversed. Semi overall in a cyclical down trend, dead cat bounce may have reached its end

ReactReflect Jan 19, 2023

Frozen rope short. Up 18 days in a row, extremely extended. RSI at extreme Up 40% since last earning. target 1: 21 EMA for 1/3 target 2: prev base high for 1/3 trailer 1/3

ReactReflect Updated  Jan 10, 2023

1. ER disaster & Bounce and roll structure 2. break volume POC 3. MA congestion 4. Lower high and reversal at high. Cannot break 50MA Also note the negative vol profile Fundamental peaked. Next year earning negative and decreasing but PE still high, may need to catch up to the downside. This could be an example of price leading the fundamental, where the...

ReactReflect Updated  Jan 8, 2023

bear flag. under 50d. popped flag high and 50d and rejected. Related news: MSFT cloud weakness. IBM cloud could be impacted. So bought on IBM up and MSFT/GOOG/AMZN down big RS also starts to lag

ReactReflect Jan 6, 2023

living under 50MA, rejected stop above vol POC, and above the downward trend line risk/reward: 1:2

ReactReflect Updated  Dec 29, 2022

MA congestion and turning down, under all MAs. staggered stopped @3% and 4.5% for half of the exposure respectively. Closed 25% at 5% gain to finance the 4.5% stop. target close at 23. Risk 4% for 16% gain.

ReactReflect Dec 17, 2022

MA congestion and turning down, under all MAs. staggered stopped @3% and 4.5% for half of the exposure respectively. Closed 25% at 5% gain to finance the 4.5% stop.

ReactReflect Dec 14, 2022

* Lagging SPX. * Crawling under 200MA * Big outside reversal in a huge up day. * Vol shows clear distribution * Under volume POCv Stop placement is difficult and wide. Keep position small

ReactReflect Nov 29, 2022

under most MAs testing 50 big high vol reversal 6 days ago, followed by a mild bounce and faded. bad earning drop with no reason bounce with market. RISK: CRWD earning today, risky

ReactReflect Nov 25, 2022

Top of the downward channel. Frozen rope rise. reaching volume POC and previous congestions. Extended from 50D. PE 27 high compared to growth. earning steady. Institutional support dwindling Total Risk: 3.87%

ReactReflect Nov 25, 2022

1. Extremely extended from 50d(17.65%) 2. Reaching into last year's congested area. Volume POC hit. 3. Rise in a straight line. "Frozen rope" patten.

ReactReflect Nov 25, 2022

1. previously have failed the 150-151 resistance 5 times, could work again. 2. short term extended. 25% above low. 3. big earning drop and no-reason bounce with the market. 4. Fundamental deteriorating, earning, sales, margin all dropping. Yet PE still high at 32. 5. Institutional support is dwindling