After lagging behind the other indices is it the QQQ's turn to break out to a new high? QQQ has obviously been leading (not saying much) as of late. Growth seems to be ready to explode again. So much short interest up here without a doubt. We have grinded the way up and that's not a bad thing necessarily. Looking for a bit of a move up overnight/premarket then...
Absolute beatdown after IPO. OBV showing a change of character and putting in some serious LT support. Wouldn't be shocked by a quick breakdown thru support at some point then a giant reversal (bear trap). I am long as of today 6/10/21 Good luck.
Can show accumulation over time likely institutional players scaling in before the real bottom. Once a certain look like this OBV is showing on QUMU I'd expect a rather large breakout to the upside. Always confirm on higher timeframes at least an hourly chart. Preferably want to see a change of character as well on the daily chart, just a hint is okay if you know...
This is personal opinion only. Hoping to encapsulate all market participants on many timeframes and the thought process behind why some moves may seem illogical on the surface.
Still haven't gotten back in at all. Closing prints could be pointed towards mid $9s for now. I'll be watching the tape shortly into the close. Entry target - $9.40s Swing pivot target - back to retest $11-$12 range then have to watch for continuation or a reversal back down to possibly lower support in the $8 range. Good luck.
Caught the last pump from these levels. Back in at 1.77 from this mornings dip below support. Nice lil washout and bounce after longs got stopped out and some shorts got trapped. Perfect, a ton of upside real estate for technical levels to watch.
Still long at 1.66 no sweat. Bounce off 1.57 little volume pocket. Target is still low $2 range.
Heavy accumulation in this range...OBV looks ready to breakout. Target #1 - $5.00 - $5.09 Target #2 - $5.50
I am still long vino from 3.40s. Holding for 2-3x VINO 40 for 1 split on nasdaq uplist 7.5M float Insane levels of accumulation. Tumin Stone Capital is the offering buyer (owned by 3i) Offering due to close anyday now...been seeing huge institutional block buys coming in over the last few weeks. You looking for the next low float banger that is severely...
TCON BNGO ONTX $TCON daily chart. January 16 2020 traded half it's float. March 2020 - Covid 3/16 to 8/27 Consolidation and huge block orders. Notice how regardless of the price, OBV is climbing higher and higher steps up, 1 step back 2 steps forward. Simple addition then subtraction rules apply and add and subtract green/red days volume for...
Wait for a retest of the opening prints for a short confirmation... This would play out very nicely as drawn...would draw in the necessary amount of fresh shorts eyeing unfilled downside gaps...flush out longs whom may have had an otherwise solid entry. Perfect cycle.
Continuation from my post on June 7th. Trimming time for longs here IMO. Could make a move back down to $11-$12 as this left little in terms of support intraday (lol). Watch the flow and volume once a little shakeout and subsequent consolidation afterwards. I could be dead wrong on a re-entry price here...but I have nothing else to go off of today was a...
Most definitely alot of short interest at these prices...but nuances my friends. Resistance flipping to support (tentatively holding) with another day of a lot of absorbing on the bids...Could see a breakout back up to retest ATH levels. There is still a downside gap unfilled from last week...but as you should know the indices don't mind leaving them behind for a...
Looks to be heavily accumulated and intraday putting in another retest of support. Unfilled upside gap at $11+ but this could turn into a very long term hold or swing. OBV showing somewhat of a floor being put in, intraday ranges are still wide but starting to creep back up slowly. After the gap fill at $11 anything could happen. Good luck.
Obv and volumes showing a change of character on the daily time-frame. Had a really nice move today off support. Targeting next possible pivot at $3.00 good luck. I am long CUEN at $2.37
I am long $SRGA at $1.65. Target $2.20 pivot Lots of insider buying. Institutional ownership way up and transactions backing it up. Long term trend reversal attempting to hold and continue. Made a very nice bounce intraday Friday and looks ready to make a move higher. Stop loss = $1.57 Target price = $2.20 Goodluck! 🤙 Follow me on ST @OneTwoThree_
Heavily accumulated. Long term reversal in effect I am long at $2.88 looking for a $3.08 target price. Obv showing a change of character, volume obviously backing it up. Nice intraday trend reversal today (Friday the 6th). Holding for $3 daily pivot.