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GameStop The bears are winning the fightThe GameStop company, a chain of video game and merchandising stores, has been in the news for a few days due to the spectacular rise that its shares have experienced on the stock market. But what happened? 1.- After the rise in GameStop shares are individual investors grouped in the WallStreetBets forum of Reddit 2.- Large investors were shorting GameStop and decided to take advantage of it to buy shares in the company. By investing in these stocks, the price started to rise very quickly. 3.- Began to buy back the shares they had sold to minimize losses, but that only caused the price to rise further. This is known as a short squeeze. 4.- As of today, February 5, 2021, the stock price has dropped. This has caused people who bought shares at the highest point of their value to lose a significant part of their investment due to the drop in price. If they like me, reward me with a like or coins tradingview
NYSE:GME
by Daniel_Romero
19
Bitcoin long waitHere we have BTC again, this time we are looking at her over the last 3 months. Listening to Bull Trap while smoking an e-ciggy. As you may know she twisted her ankle while climbing just before the New Year, and she has been waiting for new (EMA 200) parts since then, so no climbing for a while said the mechanic, wait for the parts arrive. The problem is, the parts are in Whales, and they like to take their time over there. "Alrigh, it’ll be there now, in a minute" they said She has been pretty bored since, to get by she has been playing video games, "Mount GOX climbing" and "Elliot Waves Surf" as well, she got pretty good at it, but is not the same. Another thing she has been up to is eating wedges and watching tons of movies too, The Bear, Death Cross and Batman.
BITFINEX:BTCUSDLong
by Bitconiano
53
Market Week In Review - 1/19/2021 - 1/22/2021The Market Week in Review is my weekend homework where I look over what happened in the previous week and what might come in the next week. It helps me evaluate my observations, recognize new data points, and create a plan for possible scenarios in the future. I do occasionally have some errors or typos and will correct them in my blog or in the comments on TradingView. I do not have an editor and do this in my free time. If you find this helpful, please let me know in the comments. I am also more than happy to add new perspectives and data points if you have ideas. The structure is the following: A recap of the daily updates that I do here on TradingView. The Meaning of Life, a view on the past week What's coming in the next week The Bullish View, The Bearish View Key index levels to watch out for Wrap-up If you have been following my daily updates, you can skip down to the “The Meaning of Life”. If not, then this first part is a great play-by-play recap for the week. Click the original charts for more detail each day. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Tuesday, January 19, 2021 Facts: +1.53%, Volume lower, Closing range: 92%, Body: 50% Good: Solid gains in afternoon after morning low, high closing range Bad: Nothing Highs/Lows: Higher high, higher low Candle: Longer lower wick from morning dip, thick green body from afternoon Advance/Decline: 2.04, two advancing stocks for every declining stock. Indexes: SPX (+0.81%), DJI (+0.38%), RUT (+1.32%), VIX (-4.52%) Sectors: Energy (XLE +2.01%), Communications (XLC +1.81%), and Technology (XLK +1.30%) were top. Real Estate (XLRE -0.66%), Consumer Staples (XLP -0.44%), Utilities (XLU -0.38%) were bottom. Expectation: Higher The market started the trading week on a note of optimism after a long weekend. The end of the last week was marked with defensive moves into lower risk sectors and safe haven assets. Today, the opposite moves were made to begin a week that brings a transition for the US, the inauguration of President Biden. The Nasdaq closed with a +1.53% gain on lower volume. The closing range of 92% and a thick 50% green body are representative of the confident buying in the afternoon that produced the bullish session. The lows in the morning were just above Friday's open. After testing that low three times in the morning, the index finally turned to the upside for the rest of the session. There were two advancing stocks for every declining stock. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wednesday, January 20, 2021 Facts: +1.97%, Volume higher, Closing range: 90%, Body: 73% Good: Gains the whole day and closing near the top of the range Bad: Gap up Highs/Lows: Higher high, higher low Candle: Mostly green body with a tiny lower wick and more visible upper wick from some selling at close Advance/Decline: 1.29, more advancing stocks than declining stock. Indexes: SPX (+1.39%), DJI (+0.83%), RUT (+0.44%), VIX (-7.14%) Sectors: Communications (XLC +3.14%) and Real Estate (XLRE +2.08%) were top. Financials (XLF -0.42%) was the only losing sector. Expectation: Sideways or Higher If the equity market could talk, I think it would say Happy Inauguration Day. Investors breathed a sigh of relief that maybe some of the turmoil is behind us. That sentiment translated into a gap up at open with steady gains throughout the day. The Nasdaq closed with a big +1.97% gain on higher volume. The candle has a closing ranging of 82%, but including the gap the actual closing range is even better at 90%. The 73% green body and tiny lower wick shows the nearly constant gains that happened throughout the trading session. There were more advancing stocks than declining stocks, but note that the breadth was not as wide as the previous day. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Thursday, January 21, 2021 Facts: +0.55%, Volume higher, Closing range: 72%, Body: 9% Good: New all-time high, support at yesterday's close for higher low Bad: Thin body, indecisive candle Highs/Lows: Higher high, higher low Candle: Thin green body with visible upper and lower wicks could be a spinning top Advance/Decline: 0.79, more declining stocks than advancing stocks. Indexes: SPX (+0.03%), DJI (-0.04%), RUT (-0.89%), VIX (-1.20%) Sectors: Technology (XLK +1.29%), Consumer Discretionary (XLY +0.47%), and Communications (XLC +0.35%) were the only advancing sectors. Energy (XLE -3.38%) was the worst performing sector. Expectation: Sideways It was a choppy session with some indecision from open to close on which direction the indexes wanted to move. In the end, investors ignored bleak unemployment data and ended the day with gains, albeit very concentrated in specific sectors. The Nasdaq ended with a +0.55% gain on higher volume. However the 9% body shows the indecision from open to close. The index dipped to create a long lower wick, then made new all-time highs before closing just above the open. The closing range of 72% and the higher high and higher low, makes for a slightly bullish candle. More stocks declined than advanced. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Friday, January 22, 2021 Facts: +0.09%, Volume lower, Closing range: 77%, Body: 66% Good: Higher high and higher low, tested but stayed above low Bad: Pullback in last hour created upper wick Highs/Lows: Higher high, higher low Candle: Thick green body under a longer upper wick than lower wick Advance/Decline: 1.54, about three advancing for every one declining stock Indexes: SPX (-0.30%), DJI (-0.57%), RUT (+1.28%), VIX (+2.77%) Sectors: Real Estate (XLRE +0.25%), Utilities (XLU +0.14%) and Communications (XLC +0.04%) were the only gaining sectors. Financials (XLF -0.72%) was the bottom sector. Expectation: Sideways or Higher Welcome back to the game RUT! It was a mixed session for most of the major indexes. But the Russell 2000 proved there is more room for small-caps to grow. The Nasdaq was also able to end with a small gain for the day after fighting off morning bears and making a new all-time high before dropping back slightly at close. The Nasdaq ended with a +0.09% gain on lower volume. The closing range was 77% with a thick 66% green body in the candle. The visible upper wick was created near the end of the day as investors took profits and shifted to defensive positions headed into the weekend. About three stocks advanced for every declining stock. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- The Meaning of Life (View on the Week) As the previous week was full of caution and indecision, this week the market as full of optimism. The gap-up on Wednesday, Inauguration Day, was the biggest statement of the week. Investment poured back into mega-caps with several of the biggest companies rising to new all-time highs after months of sideways consolidation. But small-caps and growth stocks were not left behind. It was a positive week across all the indexes. The Nasdaq gained +4.19% for the week, leading the major indexes. The S&P 500 (SPX) gained +1.94% and the Dow Jones Industrial (DJI) gained +0.59%. The small-cap Russell 2000 (RUT) gained +2.15%. All of the indexes hit new all-time highs during the week. The week kicked off with investors moving out of the defensive positions of the previous week and back into riskier sectors. Defensive sectors like Utilities and Real Estate were sold while long-term US Treasury bond yields rose. Riskier corporate bonds were bought up on confidence in the economic recovery. Wednesday was the pivotal day that would define the rest of the week. Mega-caps came alive with breakouts for Apple, Microsoft and Alphabet. The latter two would reach new all-time highs. Another mega-cap, Netflix would soar after surprising investors with subscription growth and announcing they were on pace for sustainable cash flow positive and would consider stock buy backs. Thursday and Friday slowed a bit, but still turned in positive gains for the Nasdaq. Friday the Russell 2000 proved that small-caps have more room to grow as well, leading the major indexes for the day. There were some moves back into defensive plays late on Friday as has become typical to close recent weeks. The index has set a new high for 9 weeks in a row, even on the weeks that ended in a loss. Average closing range continues to be very high with the most recent week closing with a 95% closing range. The volume was the lowest of the last three weeks, but still higher than average volume for the past six months. Communications ( XLC ) led the week with a big +5.44% gain, but only after a big pullback the week prior. The sector was led by Alphabet ( GOOGL ) and Facebook ( FB ) with +9.55% and +9.21% gains respectively. Those two companies make up 44% of the ETF . Netflix ( NFLX ) also had a huge gain of +13.49% but only represents 5% of the ETF . Technology ( XLK ) finished the week in second place, also with the mega-caps, Apple ( AAPL ) and Microsoft ( MSFT ) contributing the most to the gains. Financials ( XLF ) continued to underperform as more financial institutions reported earnings and disappointed investors. Energy ( XLE ) was the worst performing sector of the week. There is probably some influence from the new administration policies. However, the more immediate impact was from surprise surplus in oil supplies, signaling much lower demand for oil than anticipated. The only significant pivots during the week were on Wednesday, January 20th which was inauguration day. That day saw a spike in Communications, Technology and Real Estate ( XLRE ). The pivot for Communications and Technology were likely reinvestment into mega-caps that didn't seem to be in the crosshairs of any new policies, alleviating some fears of policies that would hurt big tech. The Real Estate pivot was driven by the additional assistance for renters proposed in the new stimulus package. The stimulus approved in December only covered the estimated amount of back rent owed, but the new stimulus package would extend rental assistance into the future. US 10y and 20y Treasury Bond yields rose for the week and continue an uptrend from a July 2020 dip. The US 2y Treasury Bond yield dropped, widening the yield spread between long term and short term bonds. High Yield Corporate Bonds (HYG) prices advanced for the week while Investment Grade Bond (LQD) prices dropped. That indicates a move from safer investments to riskier investments, although the moves are not very large. The US Dollar (DXY) declined -0.54% for the week. The put/call ratio (PCCE) ended the week at 0.517, an low value that shows overly bullish optimism among traders. A contrarian indicator, when the put/call ratio is below 0.7, it signals overly bullish sentiment which typically proceeds a pullback in the market. The indicator was at 0.458 just before the September correction and it was at 0.489 just before the short October correction. The CNN Fear & Greed index is also increasing toward the Greed side, but not within the Extreme Greed range yet. Probably the most alarming of the contrarian sentiment indicators is the NAAIM Exposure Index which is at 112.93. This is the highest leveraged exposure among money managers since December 2017. The exposure tends to be cyclical in that when it reaches above 100, it often marks the beginning of a dip in market prices and likewise in the NAAIM Exposure index. However, November and December provided a unique moment in the index history as the exposure remained above 100 for five weeks in a row. Silver (SILVER) was up -2.98% and Gold (GOLD) was up +1.49% for the week. Crude Oil futures were up +0.26%. Timber (WOOD) was up +3.091%. Copper (COPPER!1) was even at -0.01% while Aluminum (ALI1!) gained +1.03%. One of the questions coming into this week was when would the biggest four mega-caps join the market rally. They answered big on Wednesday with breakouts among Apple, Microsoft and Alphabet. Amazon still has a bit to go before confirming the breakout, but also had a big move. All are now trading above key moving average lines. Still, a little more volume will help confirm these moves. Earnings releases will start in the next week and could provide that additional boost. Or they could send investors running. MSFT on 1/26, AAPL on 1/27, AMZN on 1/30 and GOOGL on 2/2. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- The Week Ahead Consumer Confidence numbers for January will be updated on Tuesday. Core Durable Good Orders for December will be released on Wednesday. The data provides insight into manufacturing activity which has been at its highest level in 14 years. Probably the most important economic news for the week will come on Wednesday afternoon when the Federal Open Market Committee makes a statement and the Fed announces any decisions on Interest Rate changes. GDP data for Q4 of 2020 will be released on Thursday before market open. Initial Jobless Claims will also be updated. Friday will bring more employment data, and several inflation related metrics including PCE consumer price indexes and near and long term inflation expectations. This week will put us at the height of the earnings season with several significant companies making earnings announcements. Microsoft (MSFT), Johnson & Johnson (JNJ), Starbucks (SBUX), AMD (AMD), American Express (AXP), Dr Horton (DHI) are several of the big releases on Tuesday. Wednesday will bring reports from Apple (AAPL), Tesla (TSLA), Boeing (BA), Facebook (FB). Thursday won't provide any rest as Visa (V), Mastercard 9MA), McDonald's (MCD), Atlassian (TEAM), Western Digital (WDC), American Airlines (AAL). Friday will end the week with reports from Eli Lilly (LLY), Chevron (CVX) and Honeywell (HON). No doubt I've missed some of your favorites as I can't list them all here. Make sure you know when the earnings dates are for the companies in your portfolio. Then act according to your plan whether you hold thru earnings or reduce positions. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- The Bullish Side The market made a big statement on Wednesday as the US transitioned to a new administration and a government dominated by the Democrats. The gains signaled investor confidence in the economic recovery and optimism for more stability in markets less impacted by turmoil in politics. The largest mega-caps, which have not participated fully in the rally since early November, finally broke out of consolidation patterns. The mega-caps influence not only the major indexes, sector indexes, but also have influence over investor sentiment. The $1.9 trillion dollar stimulus proposed by the Biden administration brings more strength to the recovering economy. The plan will reduce further negative impacts on employment and relieve worries from the unemployed that they might lose their homes. The stimulus checks have added to a record amount of household savings since the pandemic began. Those savings have yet to be unleashed by nervous consumers back into the economy. While still requiring an extraordinary amount of coordination across the public and private sector, we finally have a plan for mass vaccination in the US that puts the end of the pandemic insight. Pandemic news is one of the remaining sources of big market reactions over the past few months. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- The Bearish Side Investor sentiment is at a very bullish level which should bring caution to the smart investor. The NAAIM exposure index shows a high level of leverage among money managers. At that high level, it only has one direction to go which is down. Money manager can reduce leverage if more money flows into the market, but more likely it will be lowered by reducing position sizes. The surprise surge in Oil inventories this past week show that the pandemic is still having a big impact on many sectors from leisure to travel and transportation. Yet the surge in oil inventories has not meant a reduction in prices for consumers or industries depending on shipping and transportation of goods. That brings us to inflation. The fed has been very specific about its goals for higher inflation and there are signs now that their fiscal programs are starting to get the desired result. The US Dollar value remains low while commodity prices rise. As consumers begin to unleash the record savings into new purchases, demand will outpace supply quickly and raise prices. Some inflation could be bullish if it also impacts employment and wages, but there is more likely a cycle in which employment and wages stay lower while inflation moves prices higher. Additionally, at some point the Fed will have to decide inflation is high enough and take actions to control it. Those actions will likely be met with a negative response from investors, even if temporary. None of this would play out within the next week, but are things to keep an eye on as we keep the bearish side in mind. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Key Nasdaq Levels to Watch There are several key levels in the Nasdaq to keep an eye out for and respond accordingly. First on the positive side: The high of Friday at 13,567.14. Can the index continue to make newer highs each week? Thursday and Friday both fell short of breaking thru 13,600. That would be the next level to watch. On the downside, there are several key levels to raise caution flags: The low of last week is 13,078.70. Stay above that line to set a higher low next week. 13,045.66 is the 21d EMA. That is 3.65% below Friday's close. It would be nice for that line to catch up a bit before its tested. If the index dips below, it would be a concern. 13,000 is an area of support. 12,558.09 is the 50d moving average. The 50d moving average is key support line that has not been tested since 11/4. The 200d MA moved above the lows of October and is now about 20% below the index at 10,913.59. -=x=-=x=-=x=-=x=-=x=-=x=-=x=- Wrap-up After a week of optimistic gains in the market, it wouldn't be bad for some pause and sideways movement or even a small pullback next week. That would give the key moving average lines, which provide areas of support, some time to move up closer to the indexes. It would also allow a tapering off of the overly bullish sentiment in less dramatic way than a small or large correction. Overall, the market continues its bullish rally with a higher high and a lower low this week. The indicators are just indicators and don't drive the market. While some caution is necessary, there are many reasons to be confident in the market in the short term. Good luck, stay healthy and trade safe!
Editors' picks
NASDAQ:IXIC
by drewby4321
36
SiTime makes the digital world go roundIf you have ever done an electronics project, you probably either built your own large timing circuit or utilized a quartz-based crystal oscillator in a square silver package with four legs. An oscillator is used in some form in most every electronic device you use. Think of the computer in front of you. It likely has a dozen or more oscillators integrated into the core processor, memory, wireless radio, LCD screen, trackpad or mouse, and all the components that coordinate between these parts. Each needs an accurate way to generate frequencies and measure time. Beyond the computer are devices as simple as a stylus for a tablet computer, the tiny wireless earbuds for music, a smart watch and programmable lightbulbs. And there are devices as complicated as new all-electric autonomous-driving cars, airplanes, satellites and rockets. All of these devices are requiring smaller and smaller components. And that's the whole game with the semiconductor industry. Smaller. Faster. Cheaper. And with timing solutions it's also about More Accurate. Timing solutions are tricky, because they have always been very sensitive to vibration, temperature, and other jitters that cause inaccuracy. Quartz has been able to handle most of these applications up to a point, but its running into several limitations: 1) Quartz is sensitive to extreme temperature and vibration 2) It requires a ceramic container that increases its size 3) They are built for a specific purpose and lack programmability for new uses MEMS Timing Solutions That's where MEMS timing solutions come into play. MEMS stands for MicroElectroMechanical System. A MEMS solution is anything that combines mechanical moving parts with electronic signals in a very small device. MEMS circuits that you see every day include displays, tiny microphones (in your phone), accelerometers. MEMS timing solutions have been in research and development since the 1960s, but the first commercialized product was sold by SiTime in 2006. Since then, SiTime has been 'chip'ping away at quartz oscillator solutions to gain market share. But recently, there has been increasing demand for MEMS solutions. Here's just a few: 1) Smaller and smaller devices 2) Devices used at extreme temperatures 3) Industrial devices that endure high vibration 4) High frequency radios required for 5G 5) Low latency for things like natural stylus writing SiTime 1) First Commercialized MEMS Oscillator in 2006 2) Competitive strengths in Performance, Size, Low Power, Programmable, Quality/Reliability, Rapid TTM 3) Market Cap: $1.9 billion 4) Shares in Float: 5.4m (of 16.9m) 5) 143 Employees at end of 2019 6) 59 patents for MEMS manufacturing and design 7) EPS last three quarters: -0.14, -0.14, +0.23 8) YoY Sales last three quarters: 47%, 36%, 29% Technical 1) Up 590% since IPO in November, 2019 2) 5.5% down from all-time high on December 17 3) Deep cup and handle formation from early November ATR Buy Point Buy Point: 114.56 (last daily high + 10) Stop Loss: 97.58 (14.82% based on 10d ATR x2.7) Position Size: R6.75
Editors' picks
NASDAQ:SITMLong
by drewby4321
47
Monthly Bark Box subscription service to go Public via SPACBARK is a leading global omni-channel brand for dogs. They distribute products that include treats, food and plush chew toys via a monthly subscription called Bark Box. Customers love their dogs and want to provide them healthy food and treats in a fun way. Many customers post box openings on social media as the dogs go crazy to find out what's inside. Northern Star Acquisition (STIC) is a special purpose acquisition company with $254m to deploy and another $2000 from PIPE investors. On December 17, STIC announced its intention to acquire BARK with the following details at an enterprise value of $1.6b. Ownership will be divided as: 1) BARK Equity (existing owners): 74.3% 2) PIPE Investors: 9.9% 3) SPAC Public Shares: 12.6% 4) SPAC Founder Shares: 3.2% BARK's unique product offering and data-centric innovation seems to be a winning formula in a community of owners that deeply care about their pets physical and mental health. A shout out to Jonah Lupton (@JonahLupton) for this pointer. He has a great newsletter you can find from his Twitter feed. Fundamentals Net revenue of $149m, $191m, $224m last three years (18,19,20) Estimated net revenue of $369m, $516m, $706m next three years (21,22,34) 60% gross margins and improving via high quality subscriptions 1.1m subscriptions Technicals Up 37.58% since acquisition announce 25m Class A shares outstanding, 20m in float $465.5m market cap (based on Class A) Question I'm not an expert on how the SPAC final merger works. But it seems that given SPAC Public Shares (25m Class A) represents 12.6% of enterprise value, the market is effectively valuing the merged company at $3.6b (465.5m / 12.6% = 3.6b). I'm curious from others what their view is on SPACs and whether you invest before merger or after merger. Looking at other completed acquisitions, you can find cases for both, but typically the price drops back to the $10 for the original issue. Anyway, looks like a great opportunity to put on the watch list.
S
by drewby4321
10
The Easiest Short of My Life Symphony - The Sad Bear OrchestraShe is back! if you remember on my idea long time ago she hurt her ankle while climbing and was waiting for the parts to arrive from wales... wells, she not only did get her ankle parts but she also got a boob job! Hotter than ever BTC is here to show them off but also to show us that during this waiting time she has learned to play the violin, at the institutional music institution. Good times, all together she definitely feels at an all time high. She loves all kinds of music, here are some of her favourite songs by genre. Death metal: Get REKT by 100X Hardcore hip hop: Pamp Dat Asset by 50cent-XRP Blues: March 2020 by the Damps Punk: Leverage in the UK by Sex Digits Electronic: Around the world by Dumb Fuk Reggae: Bull Soldier by Bull Marley and the Hodlers But with the violin she has been practising a lot of melancholic symphonies, inspired by the hate and disbelief of some short people towards her. Her favourite: The easiest Short of My Life - by The Sad Bear Orchestra
BITSTAMP:BTCUSDLong
by Bitconiano
17
The acquisition or gradual gathering of something Hello everyone ! I wish you all nice day my dear followers, friends, newcomers and randoom net troll visitors. Lets focus closer on The accumulation of wealth today at this chart Accumulation function, a mathematical function defined in terms of the ratio future value to present value it is literally the process of gradually increasing in amount, or the increased amount -------------------------- Accumulation -------------------------- When price declined deep enough, at some point, you (as Smart Money) make the decision to buy. You may have various reasons for that: you may see that stocks are heavily under-priced or you analysis shows that the market is ready for a new uptrend and if you do not start it then someone else may do it. It does not matter what your motivations are, you want to buy as much as possible at lowest possible price. When you are Smart Money, you cannot jump into the market and buy all you need at once. In order to accumulate the shares at lowest possible price your buying activity should be spread in time. You have to plan your buying. You would have to follow a specific strategy: 1) When price drops below your critical level you start buying. 2) You continue to increase buying until you see you absorb all available supply and reversed a price trend. By its nature panic selling is stronger than greedy buying. That is why you need to put more buying pressure to stop a down-trend. That is why a volume surge at the end of a down-trend is much stronger than a volume surge at the end of an up-trend. That is why Accumulation goes faster when compared to distribution. 3) When price trend is reversed and reaches your critical level below which you are buying, if you did not bought all you wanted, you stop buying - you remove demand. If price does not start to slide down you may sell some of what you bought to generate bearish sentiment and make an illusion of bounce and not a reversal. Since you were the main buyer, you will not need to put a lot of selling pressure to resume a down-trend. 4) As price starts to decline again, you start buying again until you absorb all supply and accumulate (buy) all you wanted to buy. That is why we see double bottoms, reversed head and shoulders and etc. 5) You may repeat 1-4 steps again when you see that you may easily create a bearish sentiment (you do not have to sell a lot to resume down-trend). You do it until you accumulate all you want. 6) When you dry out all Supply, there is no need in a strong Demand to push price higher. Small increase in Demand can make a case. At first, stop-losses of bearish traders are triggered. Then, as price advances, the rest of the market starts to jump in. From that moment, you may sit and watch as other traders' bullish pressure pushes the price up. The market not always follows a specific scenario and Accumulation phase does not always follows the same pattern. Still, by analyzing volume and price action you may reveal the activity of the Smart Money. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- -------------------------- Distribution -------------------------- At some point, you as a Smart Money have to dump your investments. It does not matter what your motives are - you made decision to relocate your investments into different place, you made extensive analysis and you know there are a lot of external factors which would support a down-trend, you see market bubble which may burst any time, you see that the market is heavily overpriced or you simply see that the market cannot push itself higher (demand is drying out). It doe not matter why you want it. You are "Smart Money" and you want to sell. You have to distribute your holdings. However, you know that when you start dumping all your investments at once, the quantity of supply you will through into the market will crash the price. You do not want it - you want to distribute your investments at the highest possible price. You have to plan your actions to dump your investments in a smart way at the highest possible price without crashing the price down: 1) When price moves up to some specific level defined by you as satisfactory level, you may start selling. You start selling in big quantities until you see that you are absorbing all Demand (buying pressure) and price up-trend starts to halt. 2) If there were a lot of unsatisfied demand (a lot of Bullish traders) you will be able to sell more - we will see increase in volume to the price up-move and then price advance will halt. When there are not a lot of Bullish traders, you will stop price advance without causing an increase in volume. 3) When you see that price up-move halted you halt your selling - we will see a drop in volume. 4) If price starts to move down and you still have a lot of shares to dump, you stop selling as you do not want price do decline deep down - you want to sell at the top. 5) If price continues to decline without you that mean you created bearish sentiment. In this case, you do not mind to buy a little bit to change the sentiment and to push price up again. 6) When price starts to move up you start to sell again by dumping the rest of your investments. 7) You repeat the 1-6 steps above until you sell all your holdings you wanted to dump. You managing bullish and bearish pressure you manipulate price to move in a side-way narrow range corridor. 8) When you about to distribute all your holdings, you do not halt your selling when price declines below your satisfactory level. You continue to push price lower - you need to create bearish sentiment on the market, so, the market will continue decline down without your involvement. 9) Each time when you sell and push price down, you may run into new waves of Bullish traders who has their own reasons to start buying. These bullish traders could be strong and they may reverse a price trend up strongly. However, since you are the Smart Money and you have unlimited access to money - you are stronger and you are dedicated to push price down. As these new Bulls push price up close to your critical threshold, you start selling (if you are out of your holdings you sell short). You do it each time it occurs until you break the spirit of these waves of new Bullish traders. That is why we may see an increase in volatility at the end of side-way trading right before a bearish trend. That is why we see price bouncing from the resistance levels. By Richard Wyckoff words, you have to shake spring board until you shake off all the Bullish traders. When you shake off all the Bulls, these Bulls will turn into the Bears - their stop-losses will start triggering and they will start selling. 10) From that moment, you may just sit and watch the decline - you Distributed all your investments at the Top and you started a bearish trend. But remember ! This is how you would have to act if you would be the "Smart Money" dedicated to distribute all your investments and reverse a price trend down. Of course, the Distribution phase, does not follow the exact scenario described above all the time. In some cases we have prolonged in time side-way trading and in some cases we have Climax Run up and strong reversal down. However, in all cases we can track the actions of Smart volume by analyzing volume activity together with price movements. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- If you want to know what Smart Money are doing, you have to think as Smart Money. You may see when Smart Money start their buying (Accumulation) - it starts while price still declines. Also, you may see when they start their selling (Distribution) - aging, it starts while price still moves up. By analyzing volume and price action you could obtain the knowledge about trend-reversal before it actually occurs. This is unnatural to think that the first signs of weakness occur on price up move and the first signs of strength occur on price decline. However, this is one of the main concepts of Volume Spread Analysis. When you are can see the beginning of an Accumulation or the beginning of a Distribution, you can spot when "Smart Money" start their trading activity. From that point, if you define the sentiment of "Smart Money", you will know where to place your bet. Accumulation/Distribution scheme chart applied on BINANCE:XLMBTC link on chart HERE The acquisition or gradual gathering of something part 2. here Please leave a like if you want to support my work and do not hesitate to let me know down in the comments how do you like the graphics and the style of TA at all. Do you want more of these ? Let me know and support me Every feedback and like is highly appriciated. ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by Anoinvest
25
Get your Trading View subscription at the lowest possible cost !Hello everyone, Some people found my " Orangutant pattern a.k.a China ape offensive " and this way I would like to apologize to everyone who has found it so. I didn't mean to insult or hurt anyone So please accept my heartfelt apology It is my Birthday today and your likes and feedback for my previous work ( Orangutant pattern ) were the best present I could get from the Trading View community. It reached 15K viewers and recieved 580 likes in just 48 hours. Let me say WOW and many times THANKS & here's something from me in return. It's not much but it's an important reminder that can save you a lot Trading View BLACK FRIDAY IS COMING UP ! As you know, it’s the best time to get a TradingView subscription at the lowest possible cost. (Usually up to -60% discounts) Please share some positive vibes again and HIT LIKE for this idea right now So that this offer does not escape to anyone and so that everyone prepares for it. Leaving comments below would make me smile and gives me strength for further creations Hopefully this Yeti chartart will not offend anyone this time :) Orangutant pattern ( CHINA APE ) Cheers ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS chartart, blackfriday, discount, subscription, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
GEMINI:BTCUSD
by Anoinvest
9
Orangutant pattern ( CHINA APE )Hello everyone, and welcome on this chartart. This chart is made just for fun to attract more attention and show you the power of patterns and make you laught at the same time & to get some feedback and likes too if you dont mint hitting it right now. Everyone know the bart´s pattern (fractal up, side and down) same as the orangutants head (Explained below) But how many of you knew or at least heard about secret CHINA APE a.k.a Orangutan pattern until now ? :D Now when I got your attention CLICK HERE to see the secret fractal that was hidden to your eyes until now and start studying. BART´S / ORANTGUTAN´S HEAD PATTERN Let me say that feedback is highly appriciated so feel free to leave a comment down under the chart in the comment section. Wish you nice weekend :) ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS chartart, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
Editors' picks
BITSTAMP:BTCUSD
by Anoinvest
192
WTI double/tripple top (BART) short ideaHello everyone, Nothing serious here. This is just idea how I see the WTI in short/mid term period of time. Testing of fractal adjusting v4.4.2 ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
TVC:USOILShort
by Anoinvest
8
The Inverse PhoenixIn Ancient Greek folklore, a phoenix is a long-lived bird that cyclically regenerates or is otherwise born again. Associated with the sun, a phoenix obtains new life by arising from the ashes of its predecessor. Will Bitcoin Rise from the Ashes? Possibility to see the rare fulcrum pattern, if we get another mini ihs pattern forming on the right side. This would fuel a rise for an epic short squeeze. Or kektinuation will be assured if the right wing fails to materialize.
BITMEX:BTCUSD.P
by theheirophant
29