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Accumulation_distribution

$AAPL: Top or Not?Is this a top or just a sideways correction to pattern out excessive price gains that are above current fundamentals? This is the big question when studying stocks right now. NASDAQ:AAPL is definitely not a sideways trend right at the moment, but is it a downside run after a top? What is missing? There are 2 lower highs BUT just ONE lower low. To confirm a Top, you need the second lower low. AAPL doesn't have 2 lower lows at this time. The recent low is slightly higher than the previous first low. So selling short has high risk for AAPL at this time. Resistance for swing trades is at the red lines, which are the highs of each minor gap down.
NASDAQ:AAPL
by MarthaStokesCMT-TechniTrader
Semiconductors in Focus: Top or Not?NASDAQ:NVDA has shifted sideways since the huge earnings breakaway gap, a pattern that tends to provide strong support for profit-taking. Unlike NASDAQ:AMD , the trend doesn't appear to be at risk of shifting into a downtrend at this time. While there has been some negative news pertaining to China for NVidia, the chart patterns don't indicate any concern from the largest Buy Side Institutions yet. NVDA reports again near the end of August. By the end of this month, the big Buy Sides will have made adjustments to their holdings depending on their expectations for earnings, a time to watch for any shift in the technical patterns. AMD reports early August. This short-term M top is at risk of testing support level highs below.
NASDAQ:NVDA
by MarthaStokesCMT-TechniTrader
$COIN: Stalled for NowThe Weekly Chart of NASDAQ:COIN shows that the stock has been struggling to build a bottom despite some early buying from large lots within the sideways action of the bottoming range. Coinbase has future growth potential as an investment, but the CEO and Board need to realize that the SEC rules the securities markets and that Cryptos, as digital assets, are securities that must be registered properly. So it is likely to stall here until the Board and CEO realize they have to behave like grownups when dealing with the SEC.
NASDAQ:COIN
by MarthaStokesCMT-TechniTrader
📈How to Day Trade with Trend: Accumulation📍The accumulation stage in trading refers to a period when market participants are accumulating a particular asset, typically with the expectation of a future price increase. During this phase, the price of the asset tends to range between two significant levels known as support and resistance. Traders closely observe these price levels as they provide valuable insights into the potential direction of the upcoming breakout. 📍Support and resistance levels are psychological and technical barriers that the price of an asset tends to respect. 🔹Support represents a price level where buying pressure is expected to outweigh selling pressure, causing the price to "bounce" or reverse its downward movement. 🔹Resistance represents a price level where selling pressure is expected to exceed buying pressure, causing the price to reverse its upward movement. 📍During the accumulation stage, the price of the asset oscillates within a range defined by these support and resistance levels. Market participants who believe in the potential upside of the asset accumulate it by buying at or near the support level. As the price approaches the resistance level, some traders start to take profits or sell their holdings, creating selling pressure that prevents the price from advancing further. This creates a cyclical pattern of price movement between the support and resistance levels, resulting in a range-bound market. It's important to note that the accumulation stage and subsequent breakout are not always easy to predict. False breakouts, where the price briefly moves beyond a support or resistance level but quickly reverse 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
2
ZM: Pre-Earnings Release RunZoom is showing a pre-earnings release run up out of its extreme low, ahead of its Q1 report today. The current run's pattern is indicative of professional traders swing trading with earnings strategies; they tend to take profits on the report since they bought at the low. While revenues are likely to come in below last quarter, earnings should improve over the big loss last quarter. The stock has probably found its final low, at long-term support from 2020. ZM outperformed during the pandemic due to huge demand that was unsustainable and time limited. So it has a lot of work to do from here; it must reinvent to offer a greatly improved service to compete with huge companies like Google, etc. which all have very similar services.
NASDAQ:ZM
by MarthaStokesCMT-TechniTrader
BTCUSDT wants 30k?BTCUSDT had an accumulation phase of 270 days, which is a period of consolidation before a potential move in either direction. After the breakout from the accumulation phase, the price is now heading towards the first weekly resistance level, which is at a psychological price level of $30,000. It's possible that the price may reach this level and experience a rejection, as it is a significant resistance level. However, if the price manages to break through this resistance level, the next clear resistance level is around $40,000, which is a significant level to watch for traders. As shown on the chart, the price is currently testing the 0.382 Fibonacci level as resistance, which is another key level to watch for traders. The 0.5 Fibonacci level is around the $30,000 area, which is the first weekly resistance level that the price is currently approaching. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
24
META Layoffs: Good or Bad?Most people assume layoffs are going to drive the price of the stock down. NOPE, general consensus on the professional side is the sooner layoffs begin, the faster the company can recover from declining revenues and earnings, and reinvent. META is a stock in a sub-industry that has few members, hence it is used in many ETFs and mutual funds due to that rare sub-industry group. It has some stiff resistance shown best on the weekly chart above current price. But with support from institutional investors, the stronger support level in the bottom formation is likely to hold.
NASDAQ:META
by MarthaStokesCMT-TechniTrader
CAT: Range Bound Swing TradingCAT developed one of the entry signals I teach this week. The stock rebounded from testing the lows of the trading range. Hybrid indicators suggest large-lot buying is triggering in the lows of the range. Point gain potential may be limited by the sideways trading range developing, but swing trading can be done within the range if you can catch the entry early in the upswing from the lows and plan to exit near the highs. This trading range will need to compress near the highs to sustain a breakout to the upside.
NYSE:CAT
by MarthaStokesCMT-TechniTrader
LPTUSDT breakout from the Accumulation Phase!The accumulation phase is a stage in the trading cycle where buyers are slowly and steadily accumulating an asset, often at lower prices. This process can be seen as a prelude to a larger bullish move, as the accumulation of assets by these buyers can lead to an increase in demand and push the price up. In the case of LPTUSDT, the recent breakout from an accumulation phase between daily structures signals the end of this phase and the start of a potential uptrend. The price is now testing the previous resistance as new support, and traders will be watching for any signs of new volume load to confirm the trend. According to Plancton's Rules, the target for the price could be in the 9.6$ area, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
6
NVDA, AMD Bottom FormationsNVDA continues to work on its bottom. The Reversal Candlestick in October signaled the end of this stock's correction. The stock has plenty of growth for the future. The red line is the bottom completion level for this chart, a strong resistance level. There's strong point gain potential when the current sideways action breaks out upward. Volume-based indicators are showing slow but steady hidden accumulation. If the current sideways action breaks down, support from the buy zone is quite close. --- AMD is waffling around the U-Shaped Bottom's completion level, which is usually a quick short-term bottom. Once it can sustain within the prior trading range, it can start to develop a range that can then compress and break out. So, it has a couple of areas to work on. Meanwhile, it has sufficient past swing-style runs to be considered for a swing trading watchlist when the short-term bottom completes. If it breaks down to retest the bottom lows, beware of the support at the buy zone.
NASDAQ:NVDA
by MarthaStokesCMT-TechniTrader
Preparing for Earnings Season: ESPRStocks that are reporting earnings in 3 to 4 weeks can be monitored for pre-earnings runs. ESPR had momentum runs recently, as marked by the candlestick patterns within the green rectangles in this chart. A shift of sentiment can be seen in the bottoming pattern with Accumulation/Distribution indicators (the area between the blue rectangles). Often, when an earnings report is going to be great, then the company tries to leak it out subtly. IF earnings were to be negative or below expectations, then CEOs would be warning. No need to go looking for analyst recommendations, everything you need is in the charts. Focusing on the charts, rather than on the commentary around the market, will help you find the stocks that will be lucrative for trading this earnings season.
NASDAQ:ESPRLong
by MarthaStokesCMT-TechniTrader
CTKUSDT wants the breakout?The price is creating an accumulation area (50 days) above the daily support at 0.75$. We are waiting for a clear breakout from the resistance. How to approach it? IF the price is going to have a breakout from the range and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
2
Dark Pool Buy Zones in Bottom FormationsIt may be difficult to be optimistic about the future at this time, but it's the BEST time to be on the lookout for Dark Pool Buy Zones in bottom formations. When it's all doom and gloom is when the largest buy-side institutions are accumulating bargain-priced stocks, acquiring their huge lots of shares as the last of the small-lot sellers capitulate. Therefore, divergences are important to think about for identifying where the Dark Pools are accumulating. For example, FIZZ was still moving down when the Accumulation/Distribution indicator started rising. This is a very likely Dark Pool buy zone. Entry requires confirmation that the bottom is likely to complete soon, but this early divergence pattern gives both traders and investors lead time on a good entry at some point down the road. I'm teaching more about how to identify Dark Pool Buy Zones TODAY at the MetaStock Traders Conference. It's a FREE event with many other trainers. I'll be on at 3 pm ET. Hope to see you there!
NASDAQ:FIZZEducation
by MarthaStokesCMT-TechniTrader