here's my two cents (which, by the way, could be entirely wrong)
take note of:
note this is all short term analysis for my short term swings/trades.
take note of:
- visible range developing volume area (skinny, dark blue lines) i charted for 1 month,1 hour chart.
- the volume area where buyers step in is showing a stair step upwards. this shows buyers are progressively buying at higher prices.
- support/resistance line (dashed black)
- circled in highlighter yellow you will see strong support off previous hourly candle bounces. expecting the same with where we currently stand.
- squeeze momentum indicator in the lower pane
- one of my favorite indicators. showing consolidation for a STRONG move with low volatility/consolidation either higher or lower. hoping for higher in this case.
- hourly showing big time overselling
note this is all short term analysis for my short term swings/trades.
Comment:
failed short term idea.. linked for 150 by april still stands.
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150+ by april?
trayderswift
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