SPY on a 120 minute chart uptrended from October into late March. A standard Fibonacci retracement for this trend down could take it down to the 475 range or about another 10%. Current price is under the daily SMA 50 ( blue line) at 495 and could continue to fall into the SMA 100 ( green line) which is confluent with the Fibonacci retracement level. ...
Currently, it is sitting at 1.20. Price action is somewhat there (not yet) but the volume is for sure. Looking for an upside movement in the 2.00 mark. Grabbed some shares @1.19
TANLA Platforms charts look exceptionally good on both short term and longer term accumulation studies based on volumes. If you understand the price-action backed by volumes, you wouldn't want to miss this. Company in a good financial health provides further comfort. Disclaimer: Do your own analysis before making any financial commitments. This is to spread...
PYPL has had a great past two weeks putting in 7-9% gain. In the past week however, that momentum has stalled. PYPL has printed a head and shoulders pattern. The predictive algo of Lux algo suggests a reversal here. PYPL has been resisted on the higher price action by the second upper anchored VWAP band. The H & S pattern neckline is about 63. The...
Currently sitting @ 3.35 with high volume. It started early in the day at around 3.00, but the actual Alpha candle came at around 3.28. Upside potential is around 4.00.
The stock has now successfully taken out the Rejection Zone with consecutive Bullish Effort to Move up Bars. Quality Buying seen with increased Delivery volumes. RS and Money Flow has be strong for some time. The stock likely to move higher now . A test of the Rejection Zone is also possible before the up move.
In the IBIT ETF chart, we see that a gap indicated by the blue line, i.e., a price gap, has been filled today. This price gap represents the gap in the BTC ETF chart in the American markets following Iran's drone attack on Israel. On that day, the price briefly dipped below the $60,000 level due to the influence of the open spot markets and then rebounded from...
Stocks have survived a standard Ichimoku cloud pullback and the bull run off Volume Profile support of 4979. Price has recovered up to the 50% Retracement (Kijun Sen) of the move down. 5148 = 50% Retracement Resistance and price this week is responding to it. The Volume Profile Resistance above it is 5167. These are the levels to conquer to resume the 2024...
If the seller reaches the range of 54,000-55,000 (taking liquidity below 59000), and the buyer returns the price back into sideways movement (above 59,000), then the likelihood of seeing new buyer momentum with a new maximum significantly increase.
Serving as an extension to my last published idea, We saw a pump from the rsi swing rejection as hoped, we had a chance to take a profit. Those who followed my last idea know what I am talking about. No breakout yet. However I remain bullish on the coming breakout and pump to minimum $25k. Triple bottom on the daily shows a nice support line with the latest...
There is nothing special about the stock right now. However, the volume and the price action might be an indication of a small bounce back. Worth watching. grabbed some 3.80
Reasons for bullish bias: - Falling wedge breakout - Bounce from strong support - Entry at LH breakout Here are the recommended trading levels: Entry Level(CMP): 195.70 Stop Loss Level: 136.71 Take Profit Level 1: 243.83 Take Profit Level 2: Open
Listen to the Market opinions are typically wrong but the market is never wrong Intermediate: Neutral-Bearish
its all on chart and I'm not sure, just want to record it as an idea.
My plan is to buy NYSE:MCD puts on Monday before earnings. This idea is based purely on technical analysis, which I think sufficiently supports the theory that the price will go lower in the short term. However, in the broader scope, this drop could produce a great buying opportunity for those looking to go long. The weekly chart shows last week’s solid green...
What I'm watching on Bitcoin 1. A move above the 21 DSMA 2. OBV break up or down On Balance Volume (OBV) has shown itself to be an very useful metric to monitor in the recent daily timeframes for BTC. Something to keep a close eye on.
After a 2-year accumulation phase, Hbar broke out of its major resistance level, and I believe this is the start of wave 1 of 5. The chart shows linear and logarithmic one-to-one price extensions of cup & handle patterns. There was a massive volume spike across multiple exchanges including Binance. I have set the target area where the price level converges with...
XAGUSD on the 120-minute chart is at the top of the high volume area on the profile. This is a relative volume void above and a high volume area breakout is possible or even likely. The TTM squeeze indicator has just triggered. The Price Momentum and Relative Trend indicators appear bullish. I assert that spot silver is bullish right now and mining stocks...