walmart seems pretty bottomed out here. the feds suing walmart over the opioid crisis caused an overreacted sell off. still looking like a good time to add. i am in 160c 3/19/21.
as ugly as the the intraday charts have looked the past 2 weeks, the weekly looks like it's bouncing off the cloud. would like to see this above ATH for a move higher.
looking for a fib retracement back to all time highs then a push past $86.14 will confirm new ATH. hope towe can see a higher move. other bullish indicators include macd buy signal and declining volume. ultimately looking for $92.56. this a fun one to trade.
fib levels show me 169.80 --> 204.45 see bullish macd signal incoming see volume profile above 170 is all clear
AIRBNB INC (ABNB:NASDAQ) Soared upon open last Thursday and doubled in price, but the smaller time frames aren't looking so optimistic. Granted if you obtained a position during the IPO you are sitting on a healthy investment currently. Im looking at price respecting this Pitchfork currently and we have had a bearish close at the end of last week's trading...
see fib & visible range (volume profile)
see visible range with little volume dying down. a retrace off the 78.6% fib back to 100%. after pushing past 100%, it's ~party time~
What is Volume Profile??? Volume Profile is an indicator that shows us the amount of traded asset at a certain price level. It shows the data we needed as a histogram in Y-axis next to the price levels. Difference between Volume Indicator and Volume Profile??? There are two major differences in these important indicator. As we spoked, Volume Profile is defined...
here's my two cents (which, by the way, could be entirely wrong) 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...
200 Day Moving Average.The ultimate support for gold. And looks like a falling wedge. Gold could fell below 200 Day Moving Average and targeting the high traded volume zone at 1747 level before a major trend reversal. Look for divergence indicator for better entry timing. Disclaimer: * Please do not trade solely based on the opinion of my post, do your own...