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...
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...
We expected this move and were prepared for it! But this thing still has legs for further move up as we see from the past and proven by this week's strong movement! Happy Trading :)
My analysis on PDD Holdings and what I am seeing in the charts. Huge potential for a large gap up and breakout. Stay tuned as I'll continue to cover this as price develops. Happy Trading!
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nvidia 💪 A couple of months ago Nvidia perfectly retested the lower support trendline of the major monthly rising channel and the next resistance towards the upside is roughly at the $800 level. On the weekly timeframe you...
Too early to say yet but this power earnings gap is a positive step. Like BT, Vodafone has been suffering a significant downtrend, but it may be coming out of it. Wait and see.