$AVID Volume Gap@avi417 Per your request, Avid looks like it wants to fill the gap it left from the beginning of AUG.
No trade for me here, but a break out of the resistance level $31 would have my interest with the volume pocket above. similar to June's price action, would want to see some consolidation then a strong break of $31 to imply a move up to $36 and close the gap.
Initial rejection of the $31 supply zone I see support at $28 .
Gapfill
AUDJPY - Let's see if we can RUN the sell stops...Current weekly bar is an inside bar and being ity appears buy stops have been neutralized there just might be a run for sell stops. Being that the daily is showing no close above a certain threshold, perhaps I have read it right. Half a % on the table.
AAPL Short (PT: $137)- With the current state of the market, AAPL can still see a drop in price. If we look back on the chart, we have a strong support zone of around $137. This zone is also confirmed by a gap up back at the beginning of July. AAPL will have to fill that gap up and it will hold that zone because in the past it was a strong area of resistance. If we don't hold the support then I will be watching 134.40 all the way down to the POC line for the next area of support.
- Another indicator I am using to show AAPL will keep heading down is the gap in the volume profile. On the right of the chart, the level we are at is right above the gap, if we don't hold this level on the next trading week we could see it fall through.
- A counter perspective we could see playout for the next trading week, is AAPL breakout above the trendline it has been following these past few weeks. A point to support this is the RSI divergence seen this last week of trading.
2021.09.29 VWAP + Volume Gap I am not able to conclude anything but
1. there are 3 huge gap/demand in traded BTC volume
- Gap 2,3 are to be filled but no one is going to get hurt
- if Gap 1 is going to be filled, there must be a big dump to reach the level.
2. Bulls that accumulates BTC after 2021.1.1 are at even at this point
3. Bulls that accumulate after 21.7.1 are in deficit
4. Bulls that accumulate from the capitulation are at even
*Please feel free to share your ideas on mine
I see vwap as the avg.price of a trader who start at a certain point of time then participate every transaction as a same portion of his/her fund to the volume traded.
Exide Industries-Gap Filled This stock gave a gap up opening few weeks back and it has been filled and this area acts as a support .Expecting 200+ target.
P.s: This is just for educational purpose
IRNT: RUG PULL OR SQUEEZEIRNT: depending on where IRNT goes in the pre-market can determine which price action
This bearish looking wedge we have formed is on top of a critical support zone.
~If 35 breaks, we can see a dip all the way to 22. Why?
~There is a gap to fill on the down. ranges 21.30-24.50. All previous gaps have fill on the down except this one.
~If IRNT does release a share offering like some are predicting it will, price will inevitably go down and could be another reason for the dip.
~If 44.50 is broken, we could see price action to 55 and maybe even 60
~Note that during hours there were no call contracts past 60 bucks (interesting though may not matter)
~WSB has had huge rallies saying this stock will squeeze like there is no tomorrow. Be ready to go up and up if another squeeze occurs and don't forget to take profit when you wanna screenshot.
DOWN DOWN DOWN (support zones):
~Note that these zone may provide resistance to a rug pull. The italicized zones will give the most fight.
~35 - 37
~30.90 - 32.55
~29.25 - 30.21
~27.20 - 28
Most Confusing Chart- Mixed Indicator Signals- Thoughts?The weekly Mac D & Stoch RSI lead me to think that there isn't much room for us to come back down further before a move upward. However, today's close (evening star candle), the Stoch RSI & Mac D on the 4hr, as well as the 100MA cross on the 4hr, all lead me to believe we are actually heading further down first. I tend to think the weekly indicators reign supreme over the daily, but I also know this chart & have gathered how every possible gap tends to be filled before the next move up, and we certainly are looking at a couple of gaps. Thoughts?
Note- My ultimate targets are the fibonacci extensions of the overall move, at appx $88 and $115, respectively.
AMAT: Trade the wedgeAMAT (swing): (In the process of filling the gap on the down)
~Watch the support zone 135.40-136.50 for a bounce to PT1: 138 / PT2: 140 / PT3: 144
~Monday may see a dip to 133-ish area, if support doesn't hold. I would buy calls at 133. (Price likely will recover 2 bucks after the pullback)
~We are still trading in a missive looking wedge and probably will be for at least another month. Take advantage of using the zone inside the wedge for the time being to make swings. (there is at least 10 bucks between the support and resistance line.)
Refilled... At The IronNetGap retested and filled. Now I know the chart is a little messy but if you look close and do some DD you'll totally get it lol. But if you were to ask me I'd say $24.50 isn't far from reality according to this beautiful collage! Good luck trading.
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$ANY MORE???$ANY fresh out of the cup and handle from last week. We gapped back down to the breakout point where we are battling a bit of resistance around $7.07-$7.47. When it breaks the resistance we should see it easily run back up and over the high. Next area of resistance would be around $8.67-$8.75. Remember invest wisely. Follow for more! THIS IS NOT FINANCIAL ADVICE!!!
FEDEX gap upFedex presents a GAP formed on 7/21/21.
The GAP would be filled at around $297.50 which presents a swing idea from the current sock price of 263.64.
Closest support is at 258.43 which if respected would be a good entry price for this play.
I am a beginning trader and I welcome all comments &/or suggestions. This is just my plan from what i've learned
JICPT| Tencent completed retest, ready to challenge gap! Hello everyone. It's a good day for tech bullish buyers, especially Tencent fans.
On the daily chart, I found the retest has been completed with a bullish leg-out candle formed today. Looking above, the next challenge is the gap from HKD513 to HKD528. Also, there is a downtrend line which may weigh on it.
Looking forward, the valuation is attractive and I'm bullish on the stock. Though, it could have a second fall to the level of HKD479 before coming back again.
What's your opinion? Give me a like if you're with me.
$WISH setting up for reversal $WISH PT 1: $9.33 PT 2: $11.64 PT 3: $15.00 NASDAQ:WISH
---> Closing in on gap fill $7.87 - $9.33
---> Testing 5-12 EMA cloud for trend reversal
---> Rounding bottom
---> macD cross August 30th
EASY GAP FILL ON $ZM!! Possible Gap Fill Monday
- Previous THU & FRI were both green days making its way into the gap
-We can see a red open if we do we shall look for a reversal
- If we open green right off the bat we know we are clear all the way until $322.84 first PT then second PT which is the top of the gap fill which is 339.37
Big move for PSFE coming!IMO PSFE is in oversold territory and looks like it's going to breakout of a wedge on the daily and as a bonus a gap fill from $9.50 to $10.16 looks like a possibility.
$U closes above $129 and goes to fill the gap of 2/21$U closes above $129 and goes to fill the gap of 2/21
PYPL: Bullish Buyers coming in for upside with BTC breakout $50kLoving this setup for PYPL, rebounded at demand support zone well, nice buyers pushing pypl out of this demand and could potentially see another push up into resistance supply zone above and eventually a gap fill upwards. Cryptocurrency bullish trend might help to push with a nice breakout of BTC of $50K today! Also Paypal launches its cryptocurrency service in the UK letting British customers buy, hold and sell digital currencies, starting this week.
SNAP - ATR is decreasing, time to buyReferring the left side chart only
This is an hourly chart of SNAP backtested using my Script: " Relative Volume Strategy "
From backtested trades, we got stopped out two times in a row in this 70-75 price range. Still, this proves to be a significant price area.
The win-rate with the default settings is approx. 35%. Odds of winning next time should be in our favor (i.e. followed by a breakout).
It is assumed that the up-gap formed on July 22 (as a result of positive earnings) is a breakaway gap. If it fills, then it will be a matter of risks associated with the overall market (not SNAP as a company individually).
We will put a stop loss near the orange support line.
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Other information (about the right side daily chart): This setup is just for my reference to see price actions from a higher timeframe. At the bottom, I pasted some target prices. We note that the current price is below average target.
TAL opportunityTAL offers a nice risk reward ratio currently. I am certain Bulls will take the opportunity in the next weeks.
Gap fill possible over long term until $18, but with readjusted stop loss!
TME huge gapTME seems to found his support. Godd time to slowly buy in.
Watch the price action and buy step by step.
I expect we can fill the gap over the bigger time frame.
