Currently, Price has made a push above the Yearly/Quarterly High for 2020. We see Demand pressure and a bullish order block filled and surpassed. Price has found resistance at the Monthly Supply zone as well as the Weekly Supply Zone. I'm looking for a push upward after taking out the stop losses for the Bullish traders.
We need to retest the previous days high...
We've seen consolidation for quite some time. Buyers Climax is alive and price has made a push to the down side. Looking to fill out the levels with a few more solid pushes down.
15 minute analysis. Level 2 consolidation, Price should move higher, however, I'm also cautious that price is above My blue EMA which shows us a sign of reversal.
My first analysis on a stock using my knowledge of forex trading. Quite a few questions! I notice the price is well above the gap, seems to me as if a bait to take retail traders long in hopes that they hold on to the stock while the price is driven lower.
Think about it, If the vast majority is buying, then who is selling? This relates to institutional banks in...
