As we see, price is at the white L-MLH. This is a critical level. On one hand, price showed weakness. On the other hand, price is stretched to the downside, bearing the possibility to shoot upwards from here. How can we find out what's happening? By observation and NOT ACTING! Just watch, observe, and a good entry Long or Short will uncover. FOMO is your...
Price reached the Warning Line 1. This is a natural support, because it's a standard deviation stretch. From here, price has a high tendency of mean-reversion. How far? Most of the time it shoots back to the Lower-Medianline-Parallel. Beware of the potential resistnace zone. This level is a good one to take partial profits. As for a stop, I would put it below...
I post this again, because from my last post, some only see a confusing picture instead of the chart. Price nearly reached the L-MLH of the Red Fork. This is a huge price stretch and chances are super high that we will see a big bounce to the upside. As for PTG's I focus on the Red, and the Orange Centerline.
Price nearly reached the L-MLH of the Red Fork. This is a huge price stretch and chances are super high that we will see a big bounce to the upside. As for PTG's I focus on the Red, and the Orange Centerline.
Whenever the markets are booming, whenever a gardener starts giving stock recommendations, it’s time to brace yourself… The German Dax has reached it's Centerline. It's back in Balance - Or has reached it's extreme, depending on how you look at it. Whenever this happens, we the Market a) turns and trades in the opposite direction towards the next LIne. In this...
The lanted green support line has a crack. It's a first indication of a turn in mid-term trend. Long term Medianline view on ZINC shows that price is battling at the L-MHL. If we get a weekly close and new open below it, it's ripe for a short. At least I will stalk it on the daily. PTG1 is the Center-Line.
We got on the Rocket-Ship earlier and took profit. If you're still in with a position, or if you can manage to get in with a decent Risk/Reward, you may want to aim for the U-MLH. The Stars look good and profits are twinkling §8-) If the 1/4 line is cracked, we will see a follow-through.
Most of my Charts I analyze are currently showing a short setup. Mom says I'm shorting the whole world. hmmm... However, here's another one, just to keep the streak going. §8-) Spotify is at the U-MLH = At the upper extreme. The next natural move should be down to the Centerline. Since I have no magic wand to show me the Future, I lean on my stats and my...
Besides what I think about NFLX (bad for you, poor quality & service, lairs etc.), there is something that can be used to rate and judge a Stocks pricing - The Technical Analysis. The white Fork projects the most probable path of price. The U-MLH is the upper stretch, the L-MLH the lower and the CL is the Center, where price is in equilibrium. Where is price...
Potential Support levels are where the green small arrows are: white L-MLH red CL red L-MLH All tough, I think MSTR Ponzi will dye over the mid term.
The white up-sloping Fork gives us the most probable path of price for VRSN. As we see, that was a Hell of a run. Price has reached the U-MLH, which is the natural Extreme by the law of physics. What's the natural reaction? A move back to the Mean. What's the Mean? The Center-Line. This is a high probability trade I take blindly. But I mange my risk with open...
This is a intraday short term trade. Yesterday price stopped at the L-MLH as expected. Today we have the second bounce at it. A nice second chance for a long entry. Target is the Centerline and above.
The price hit the Upper Median Line Handle (U-MLH) three times and was rejected each time (red circles). These were all high-potential short trade opportunities. However, none of these short trades managed to reach the Profit Target Goal (PTG) at the Center Line (CL). When the price repeatedly fails to hit the CL, it often builds up momentum for a larger move. ...
Currently at the 1/4 line, we can expect a potential pullback. So, if you want to secure some of your fat profits, just do it. Why not 50% ? If it goes up again, you have secured 50%. If it goes down, you still have 50% for a runner. However, I'm still follow the rule-set and the trading-framework of the Medianlines. Doing this, I know that prices PTG is the...
I have posted enough about what's going on in NVDA. It's important in this Stock, to not going crazy, not matter what one thinks it "will" or "could" happen. A great Hint by Unusual Whales is, that insiders had only sold in the last year, never bought their one Stock. ...what does that telly us? May profits be with us §8-)
After the first post about CVNA, I bailed out on a small loss (see linked Chart). But then Immediately loaded Puts and had a good "Steak & Lobster" time §8-) Price behaves like textbook when we consult the Medianlines trading framework and rule set. First price reached the red Centerline, followed by the expected pullback to the white...
Nasdaq is stretched, I prepare for a bounce at the Lower-Medianline-Parallel. Targets are at the Centerline and U-MLH. My S/L is planned for roughly 50 Points because of this crazy Volatility.
It looks like price found a support at the L-MLH. From here, I expect a bounce, at least up to the Center-Line, if not all the way up to the Upper-Medianline-Parallel. Long term, my expectations have not changed.