Lone red candle with big gap and high volume on the weekly chart. Topping signs? Watch out for gap fill in the coming weeks. If the gap is filled, path of least resistance is back to previous Support/Resistance zone.
Today QQQ started with another gap up breakout for the 2cd day in a row. Stock retraced then rallied again in the late day. Stock gapped up again doing another breakout weakening the week long sell off trend. Retracement that was expected sold off less and at slower pass than the day before Late day smart money jumped in and pushed the stock to higher...
The final wave down isn't going to start til we pump back upto $1.50 or higher. We have completed wave 1 & 3 of this wave and are in the B wave that I believe will get us above .60 before dumping to take the low. After taking the low I assume we will then fill the gap. Should have some serious volitility. At any poing they get enough shorts in I believe they will...
this set up is taken off the 5M timeframe. looking for a run of yesterdays highs off intraday market structure - support will the bullish rally continue in EURUSD for another day? let me know what you think in the comments down below!
Gap shares ( NYSE:GPS ) surged more than 27% in Friday's trading session after the clothing and accessories retailer posted a better-than-expected quarterly earnings report and raised its full-year guidance. Comparable store sales in the quarter rose 3% from a year earlier, driven by each of Gap's four brands posting positive same store sales in the period. New...
There's still plenty of room for ROKU to move - but to spot this initial takeoff, we need to track movement on lower time frames to see what is being respected. For a long term play however, a pickup by purple can be a good entry Happy Trading :) - TraderDaddyOG
We finally got the breakout we were waiting for on PDD and the makers set us up perfectly for a post-earnings gap up. Happy for everyone who followed along our analysis and held strong on this one. Or maybe even added on the dip like I did. We can expect some resistance at top of yellow here before a retest of white tapered selling and then an attempt to...
Support by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos. More analysis like this to come! Stay...
SQ's recent rally shows weakness and not founded on solid reasoning. Current price level appears risky. SQ had a good rally from Oct to Dec and contracted a fair amount and held. Later on.... SQ had bad earnings NVDA a very unrelated stock had great earnings pushing SQ up Recent gap up is clearly irrational Recent rally is unstable and should expect...
After a strong fall of reporting, Will it going to close the Gap-up ? Above the average line 150 + meeting the lower support trend line + 85% of gaps are statistically closed + RSI oversold. Only an idea and not a recommendation for trading!
We expected this move and were prepared for it! But this thing still has legs for further move up as we see from the past and proven by this week's strong movement! Happy Trading :)
My analysis on PDD Holdings and what I am seeing in the charts. Huge potential for a large gap up and breakout. Stay tuned as I'll continue to cover this as price develops. Happy Trading!
Before the close of the year the Bio Pharma Sector started running wild. It doesn't surprise me why i'm drawn to this company with all the catalysts coming out. Recently with a PT 40 From Roth MKM. The more you read about the news that comes from this company between CEO investor relations, Merger Deal with Immunogen and entering their phase 3 trial there is so...
FINNIFTY after a series of up sharp down moves is headed towards the zone where an earlier gap was not met. From my recent experience, gap up and gap down are always filled back either in the short term or a while after. Here we see FINNIFTY heading back to the unfilled zone which lies between 21305 to 21285. After a heavy downfall today, the index formed a...
--> 2 Qtrs Sales Acceleration --> Breakaway Gap on 6th Dec with High Volume --> Rerating Candidate --> 21 Bar PP Count: 5 --> 21 Bar U/D Ratio 3.6
1) runway gap in chart 2) 435 to 530 range of the stock trading from last 94 session 3) stock enter new stage 4) stop loss of 525 or below this level and target of 820 but one sentimental resistance in stock 600 level 5) SMA 20 495 , SMA 50 489, SMA 200 346 6) no recommendation for the stock buy or sell
Two CME GAPs to Fill Sell the GAP between them. $31k to $33k
EMA going to push price to 95 in coming days. 50 crossing 200 very bullish good risk management setup can bring best returns