TLDR:
-Detailed explanation of how we setup our charts (Fib Extensions, VWAP, VPOC)
-Technical explanation of where we see price headed in the immediate future and why
-LET'S MAKE SOME MONEY
-Detailed explanation of how we setup our charts (Fib Extensions, VWAP, VPOC)
-Technical explanation of where we see price headed in the immediate future and why
-LET'S MAKE SOME MONEY
Trade active
Quick update regarding timing.Think its important we reiterate how long we think it will take MOASS to complete
From bottom to peak to the original squeeze took 301 days
We expect the completion of the move off the Apr 2024 lows to take at a minimum the same amount of time but more than likely will take longer and may end up completing sometime in the summer (i.e. pay attention to the 1.618 fib time series on the time axis
Trade closed: target reached
Morning!Casino will be open soon.
Will be interesting to see what kind of volatility we get with the holiday this week
Ultimately we are still looking higher though
30 is on the way
M O A S S
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Lets see how price treats these next 2 resistance zonesNote
Bullish session volume profile\
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Market has already wrapped but we had another good day!Not a whole lot to say other than its absolutely game on and anybody short GME is about to be in a world of hurt
M O A S S
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Morning!Casino will be open soon
Price is progressing nicely as you see with VWAPs doing a great job of providing support
Expecting more of the same today
M O A S S
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Ok finally hit 30..Now lets see how price reacts to these resistance zones
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BTW remember this chart from last Fri?Remember me talking about the vertical dotted red lines?
Remember I said watch what happens after Monday?
Might want to take note of those red lines going fwd
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Near term price action expectationslets see
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Price acting like it wants to skip a bigger pullback for now and head straight to the 32ish regionThats fine by us of course but lets see
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Ok made it to 32After this pullback completes we should be on our way to 35 then 40
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Thinking this is the near term path to 35lets see
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Zooming in a bitNote
And thats a wrap!FANTASTIC DAY!
I hope no one is freaking out like some on reddit are that price pulled back because we told you that we would be pulling back to VWAP like 5 hours ago lol..remember this chart from earlier?
Think of that pullback as a slingshot because we are headed HIGHER baby
M O A S S
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Morning!Casino will be open later
Will be interesting to see what kind of volume we get today
Either way we are headed higher
M O A S S
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Ok slight tweak to this lower level fib35 is next
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Ive got nothing but time today so lets get even more granular and watch it climb even lower level fib pairs all the way to 35Note
We are about to see a nice move upNote
Ok should be headed higher nowNote
Well price has other plans..destination is the same (35) just once again taking the scenic routeLets see if we completely fill this gap and touch the lower VWAP
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Price has been on a leisurely stroll today Lets see if its ready to pick up the pace
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Ok lets see what we get the rest of the dayNote
And thats a wrap!Looottttss of shorting today which caused all the overlap we saw
But as you see that still couldnt stop us from ending green :)
35 is next folks!
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Morning!Casino will be open in a few
Not sure how much movement we get today but definitely expecting things to pick up on Monday
35 is next with 40 being the next reeeaallllyy interesting region that we are watching
M O A S S
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Up we goNote
Ok NOW we should go up lolNothing to see here folks..just end of month profit taking
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You guys should know how this worksPrice pushed lower to the next fib pair and VWAP
Now we look higher again
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Zooming out a bitDont worry...we are headed higher!
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Zooming in to watch price head up the Fib pair elevatorNote
Prediction: We most likely wont break todays low againPrice is still correcting and consolidating but 29.30 should hold
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Darnit GME! Stick to the predictions! lolBut all jokes aside algos taking advantage of the lower volume and volatility pushing things toward VWAPs
But as penalty for my failed prediction I bought 29 more shares
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And thats a wrap!Fun day!
Saw some end of month profit taking which is expected
The great thing about today is that this pullback clarified the price action even more and gave us a pretty clear path to the 35 then 40 which we will be talking about more in the weekend update
BTW- we really did by 29 more on this dip..couldnt help it :)
M O A S S
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.