TraderDaddyOG

03:37

TraderDaddyOG

There is clearly (proven) plenty of room for this to go up. Question is, what was today all about? To be honest, I'm just as confused as you may be especially with the very solid earnings that were reported and future growth outlook. So I'm going to continue to stay away from the fundamentals and leave that to Sir Powell (purple tie, what'd I say about purple...

03:33

TraderDaddyOG

Watch for our strong selling purple to continue to push us down to support at orange. If however yesterday's push down was to prove tapering on orange, we could see a breakout of purple and be back within our magenta tapered controlled selling to continue to move up. Keep an eye out and I will update you as price develops! Happy Trading :)

03:25

TraderDaddyOG

We finally got the breakout we were waiting for on PDD and the makers set us up perfectly for a post-earnings gap up. Happy for everyone who followed along our analysis and held strong on this one. Or maybe even added on the dip like I did. We can expect some resistance at top of yellow here before a retest of white tapered selling and then an attempt to...

04:27

TraderDaddyOG

Higher Time Frame tells us everything. We are allowing this to build liquidity in a controlled selling fashion and would like to see our teal buying algorithm pick price up once reached very soon. We've already begun the tapering process on the sell side (orange and magenta controlled selling) so this is shaping up to be a nice breakout. See you all there! Happy...

03:23

TraderDaddyOG

If you understand what I see, this will make a lot of sense to you. We are simply... Tapering. From strong buying magenta continuation, you can see signs of purple more tapered buying continuation starting to pick up and hold price. This means that we will taper in purple until we activate a stronger buying continuation to then break out of purple. If not,...

03:51

TraderDaddyOG

We would love to see yellow strong buying continue to guide price out of our selling algos. First step is a breakout of strong selling purple and then we expect a fight to occur between strong yellow and more tapered blue. Soon enough if blue or yellow holds price (bullish buying continuation) we will see a retest of our teal selling algo and that will be our...

05:24

TraderDaddyOG

If you caught the move down utilizing my last video, bravo. We knew what to look out for and why we were expecting that move. Moving forward, we do have a bullish bias considering the strong recovery off of yellow support however we are going to need green and blue tapered selling to continue to build liquidity for a larger breakout. We can see massive liquidity...

02:45

TraderDaddyOG

We gapped up heavily and are showing bullish signs after announcement of the potential partnership with AAPL and Google's Gemini. Keep an eye out for a retest of teal - however I would not take this to ATH without being weary of the tapered continuation channels we have in the way (yellow and green) as well as our tapered purple selling channel which is being...

140:33

TraderDaddyOG

I will be live trading and analyzing charts and future trade opportunities based on my TA and market knowledge. Come join the party and say Hi!

03:17

TraderDaddyOG

We will need to see tapering under our magenta buying channel which failed to pick up price. And if we see that throughout the day today, I will look for either a rejection from our strong selling green (on the daily) or our more tapered selling teal (which is strong selling on the weekly). Keep an eye out for these and join my livestream at market open to see...

03:26

TraderDaddyOG

This will make more sense to you if you've watched my previous videos on META or really anything - same analysis, different equity. Keep an eye out for a rejection of this levels especially near teal which will be the driver to take us down. Livestreaming at 9:30 AM EST today for those who want to see me approach this in real time! Happy Trading :)

02:35

TraderDaddyOG

Support by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos. More analysis like this to come! Stay...

02:25

TraderDaddyOG

Pretty boring price action today but it did tell us a lot in terms of which algorithms are in play. Yellow was activated as a strong buying algorithm which should be used to take us out of tapered orange - But we will need PA over the coming days to confirm this and for price to begin using our strong blue buying continuation to continue a move upward to retest...

02:46

TraderDaddyOG Updated 

We are no longer respecting our strong buying continuation algorithms and therefore that tells me we will have a tougher time making new all time highs without further liquidity being built. Keep an eye out for a rejection of the bottom of these stronger daily algos as price attempts (with this bullish CPI data) to reenter them. Happy Trading :)

02:10

TraderDaddyOG

Didn't want to forget this one because if we do activate purple we can see price attempting former highs and the weekly taper levels. Look for price to develop here and if the trade comes to us, amazing. If not, there will be more opportunities. Happy Trading :)

02:17

TraderDaddyOG

Are we controlled buying in Magenta? Or did we begin activating strong blue continuation to break out of purple for a retest of teal tapered selling? We have no short term bias here and will allow price to show us where it wants to go. luckily, we have the guide to give us confirmation for either direction. Goodluck in the markets today and... Happy Trading :)

05:23

TraderDaddyOG

PDD continues to pull back and that is okay. But we do need to see some of our stronger buying continuation algos activate and get to work or else there is plenty more room to the downside. As you can see on this weekly chart, we are in a HTF large selling algo in teal. To break out of this we will need to be activated in our strong yellow/orange buying...

02:34

TraderDaddyOG

A very strong company clearly building some much needed liquidity for a further push up. Very controlled selling algorithms in play right now and most importantly, with yellow tapered buying in control of price right now, we will need to prove some sell-side tapering on magenta before activating orange strong buying for the breakout. This breakout of controlled...