Next chart with nice, possible accumulation. For me, it is very probable that this market will show gargantuan, bull breakout. So, let's go deeper. Chart shows analysis corresponding for Wyckoff method complemented by VSA elements. The biggest volume belongs, in my opinion, to Upthrust Action element but not the biggest one is number one. The most important candle...
WMinima has very interesting, possible reacumulation structure. This low cap market structure was violently tested to last no supply candle pattern - test signal was -70% WMinima price range. Now, I looking for candle pattern with no supply tenor for uptrend confirmation.
Conservative Trend Trade + long impulse + biggest volume T2 level + support level + biggest volume Sp Calculated affordable stop loss 1 to 2 R/R take profit Daily Context "+ long balance + ICE level + 1/2 correction - neutral zone" Monthly Context " - short impulse + biggest volume T1 + support level + 1/2 correction + biggest volume 2Sp+ + weak test to 1/2 correction"
Aggressive Counter Trend Trade 16 - short impulse + biggest untested volume T1 + support level + biggest volume 2Sp+ + test + below first bullish bar closed level entry Calculated affordable virtual stop loss 1 to 2 R/R take profit Hourly Context: "- short impulse + biggest volume T1 + biggest volume 2Sp-" Daily Context: "+ long impulse + T2 level + support...
Aggressive Trend Trade - short impulse - unvolumed T1 + biggest volume 2Sp- - skipping test expecting gap overnight Calculated affordable virtual stop loss 1 to 2 R/R take profit at 1/2 of Daily Daily context "+ long balance + ICE level + 1/2 correction + support level" Monthly Context "- short impulse + biggest volume T1 + support level + 1/2 correction +...
Conservative Trend Trade + long impulse + expanding T2 level + support level + unvolumed 2Sp + volumed test + below first bullish bar closed level entry Calculated affordable virtual stop loss 1 to 2 R/R take profit Daily Context "+ long impulse + SOS level + support level + unvolumed Sp" Monthly Context "+ long impulse + SOS level + support level + 1/2...
Conservative Trend Trade 14 + long impulse + support level + 1/2 correction + T2 level + biggest volume 2Sp + test Calculated affordable stop loss 1 to 2 R/R take profit Daily chart context + long impulse + 1/2 correction Monthly chart context - short impulse + biggest volume Sp + test + 1/2 correction
The stock after a long consolidation for 10 months is finally trying to move out the consolidation zone. The Money Flow and Relative Strength are slowly turning positive. The buying pressure also was quite high in the recent times. Looks like the stock is on the way to the next wave of up move.
After a substantial down move to sub 200 MA level, the stock is bouncing back. Now it is crossing above the supply line. The Relative strength and Money Flow turning positive. Increasing Buying Pressure. Increase in Delivery volumes indicate some longer term interest. With a positive close above 1916 the stock will test the previous Rejection levels ( 2343-2200 )
Conservative Trend Trade 8F + long impulse + support level + significant bar level - below 1/2 correction + volumed 2Sp+ + weak test + first bullish bar closing entry Calculated affordable virtual stop loss Take profit: 20% at 1 to 2 R/R on Daily 20% at Daily resistance level T1 20% at 1/2 of Monthly 20% at Monthly resistance level CREEK 20% at Monthly thick...
The stock has been moving sideways after facing rejection above 1720+ levels. Bouncing from support zone and crossing above converging short-term moving averages on high volume. Money Flow turning positive and Relative Strength on the verge of turning positive. Today's Delivery volumes were very high, seven times the average indicating longer term interest. Now...
Aggressive Trend Trade 8F - short balance - unvolumed ICE + bigest volume Sp - weak volume test closed below ICE + first bullish bar close similar level entry Calculated affordable virtual stop loss 1 to 2 R/R take profit before volume resistance zone / before CREEK Daily Context - short impulse + biggest untested volume T1 + biggest untested volume...
Conservative Trend Trade 5F + long impulse + SOS bar Calculated affordable stop loss 1 to 2 R/R below 1/2 monthly zone Monthly chart context + long impulse + biggest volume T2 level + biggest volume manipulation Start building position, will add more after there's a set up on inferior timeframe.
Aggressive Trend Trade 4R - short impulse + volumed T1 level + support level + volumed Sp + weak test + first bullish bar closed entry Calculated affordable stop loss 1 to 2 R/R before 1/2 of daily short impulse take profit Daily Context + long impulse + support level + 1/2 correction + monthly support level + biggest volume T2 + manipulation of T2 Monthly...
Aggressive CounterTrend Trade 10F - short impulse + biggest volume T1 + support level + biggest volume 2Sp Calculated affordable stop loss 1 to 2 R/R take profit before 1/2 of daily range Monthly Context - short impulse + 1/2 correction of 15 years long trend + historical volume + biggest volume of short trend
After facing a rejection at 925 levels the stock retreated to 200 SMA levels. Taking support at the 200 MA level the stock is attempting to bounce back. It has crossed above the 200 and short-term moving averages. It has also crossed above the supply line. The last two bars with wide spread up bars closing up indicating good quality buying. Recent increased...
The stock seems poised for move to higher levels. Attempting to cross the previous Rejection area. Relative strength and Money flow seems to assist the move. We can see accumulation in terms of increased delivery volumes. A good bullish close above 579 will take the stock to higher levels.
The stock is moving into the next orbit after some re-accumulation, a nice spring / Shakeout. All supporting parameters are positive as evident from the chart. The stocks looks ready to move much higher.