stevenplace

stevenplace

IPO 20, move above 300, trading at 85 so many like this when was the last time we had a stealth bear market? where risk got pulled while the indices were trading near ATHs?

stevenplace

Watch this USDT/USDC pair to see if price action surrounding the evergrande default starts to become a thing.

stevenplace

been some FUD for a while about tether backing having CP in evergrande we're going to find out very soon if that's a thing. will be watching this chart, along with USDT market cap to see if there are any systemic risks due to this.

stevenplace

that's some serious purchasing power tradingview wants me to add more words so i can post this.

stevenplace

bitoech company with good proxy news from AZN, looking for continuation play

stevenplace

Either this continues to flag out with 58 holding, or we get a nice little stop run to 56.30 which is prior resisance along with the anchored vwap from the start of this rally. The first one is more likely and a better quality setup, as if the stock roundtrips that entire green candle then you're going to have some stuck longs that will make it more difficult to...

stevenplace

I don't want it to but right now we could see a swift move sub 50 into massive support levels of the year. Look for some kind of a bear continuation pattern develop over the next few weeks for us to hit that. If that's tagged, Feb 60 calls up on deck.

stevenplace

Clean breakout on a stock that I stared at for months only to see it move big without me. I'm probably not the only one, and it's very possible here that we see a high and tight flag. The odds of a full retracement right now are pretty low.

stevenplace

Proxy risk for potential FCX long We've got a key pivot level right here that has attracted liquidity demand this year. For FCX trend to continue, you don't need to see copper go up, just that the higher prices sustain themselves.

stevenplace

We've got 38-39 as a level where sellers have stepped up, effectively the entire year. Was the local peak in Feb, and has held through the summer We're above the AVWAP from highs so buyers starting to look like they're in control here.

stevenplace

SNAP earnings left a decent gap down, back to the recent swing lows. That gives us 3-5 days worth of trapped longs to work through. There's a real possibility that we just see a lower low divergence where the selling is truncated and we start establishing a new trading range. What I'd really like to see is a good selloff down to the 300 area. That's where it...

stevenplace

BTC Miner. Potential j-hook setup developing with the massive impulse move higher this October. The AVWAP from swing highs currently holding as where sellers are stepping in. A clearance of that could easily lead to some good upside. This probably needs to get chopped up, let some premium burn out of the calls, churn some people out, and once everyone's...

stevenplace

60% of the time, it works 100% of the time i'm adding more words because i had to.

stevenplace

After the exhaustion gap down, the average buyer is currently at where the stock is trading. If there's a lift, then we can see a nice push into the avwap from the Jan 2021, the vpoc from the Jun 2020 parabolic run This is a trashy stock so make sure you know what you're risking.

stevenplace

avwaps from both the jan highs and the post-crash lows are just underneath price the avwap from the march high is just above price buyers keep showing up at the bollinger bands implied vol and realized vol is at levels not seen since before the parabolic run in Jan option buyers have been smoked for about 3 months now, nobody wants to buy them, that gives you an edge.

stevenplace

shoulder, fake head, real head, maybe a shoulder trading is easy

stevenplace

overbought can get more overbought (lol)

stevenplace

DOGE swing AVWAP against most recent pivot los has held, that's what you want to key off of