cpuzz1707

cpuzz1707

KCAP has been rotating within a clear balance high vol structure area. Since it tapped the high vol node above and sold off, I think it has good potential to drop a few more cents into 3.08 / 3.20 level, the VALow of the current structure, and then rally hard into 6.07, the next HVN. This would fill in the wide void area up to 6.07. Stop is just below the next HVN...

cpuzz1707

Since the 2010 rally NGG has inverted its Volume distribution pattern. VPOC was low near 40's, and has thickened up considerably in the 70's region to build out it's profile and migrate Value higher. Yes, Value has migrated higher, implying that the market accepts higher prices for NGG. It is down trending now, but a look at the entire profile since 2010 shows...

cpuzz1707

A few week duration Long here. GSK seems to be hitting symmetry in the last timeframe. There's some remaining price structure to balance out from the 37 levels. The market knows 37 it can find buyers, it doesn't know 2x as far away at 45.50 if it can find sellers again. I believe it needs to see 45.50 before it can test the VPOC lower or move lower back to 37 and...

cpuzz1707

Very nice "b" shape in the volume profile of the current decline. Acceptance at lower prices = continuation. If initiative move has already begun, a symmetry move is perfectly lined up with previous VERY high volume VPOC at 34.64. So Short from a break down off the lower edge of Value into 34.64 with a stop behind the current VPOC. Short bet is that initiative...

cpuzz1707

BWP is very evenly distributed throughout its development area since 2016. Symmetry within the rotational area is beautiful. If it hasn't already begun, the reciprocal initiation move should be a Rally and a symmetry measurement puts the current target at 24.30. That could shift around a bit as more data comes in to reveal the true initiation point, but it's going...

cpuzz1707

It's tough to buy the mode on a breakout, and better to buy the bottom of the value area of course. However, BP looks like it's fully developed and may seek higher prices into the previous VPOC from the 2014 decline. The Initiative rally move hasn't started yet, but measuring from the current rally VPOC, it looks to be just about a perfect 200% symmetrical distribution.