Li Auto is about to manipulate the highs it made a year ago!I annotated this chart so hard this time and I know its annoying to look at...but you have your own clean screens to look at it... This should atleast explain what I see and help those who don't know, what to look for. I accidentally came across this chart because I was trying to type bili bili but when i saw the chart with my ESVO lines on it I was like I have to play it. So for me this is just an update to this play that I got into a week ago. Obviously it looks a lot better now that we are here. And I never once thought my bias was wrong as you can tell it didn't want to dump. Because if it did want to it would have. The price was always withing a dollar or a dollar and change to the entry. Now that it has come back to this area I broke down everything the lines are telling me plus everything I see with the amount of space that I have to work with. I could go into about 5 other kinds of trading styles and break those down but I figure I will just leave it at this. Its bullish! All the other stocks in the group are moving with it. So that tells me that big money has been fostering this group of stocks to get it to this point over the last year or less. Since the last highest high.
So that should tell you there is a pile of shorts up there that need to be covered for them to continue this move up above that. unless there is a massive surge of volume it might take a while to consolidate all of them. I will be looking for a trend line that this will be tapping into over the duration of this move. And also a trend change which shows that liquidation of shares has begone and that we should be looking for an exit.
I do think this could take another 3-6 months to complete. all of the hot areas for this stock are marked on this chart with the exception of the three just below our current price.
And Current Price of HKEX:26 this weeks highest volume area
$24 Automatic, Session, Daily, Highest High
HKEX:23 Daily. Weekly
HKEX:22 Highest Low
all great supports as they are all stacked under us.
If nothing else I think we should hit HKEX:30 however, HKEX:38 and $41.50 are also huge areas of untapped stop losses and pockets of retailers waiting.
by iCantw84it
04.17.23
Icantw84it
IOT repeating a move from VEEV in 2017 Very BullishSince I have been using chatGPT, I have taken a very bullish approach to all things ai. This stock is one of the leading in its sector. While charting it I noticed it had the same Chart Pattern as VEEV in 2017. Which went from 17 - 50 in 8 months. So far this stock has spent 4 months under institutional control since it hit its low and started Accumulation. Its low is around $8.50 and looks like its following this pattern almost perfectly.... there are some efficiency differences but somehow gets all the moves still in there. Ill post the Chart here for you to see.
by iCantw84it
03.30.23
ONON Setting up for a profit run Post I made on 5.13.23 "4 hour i think you have plenty of absorption on the larger time frames too
— 05/13/2023 5:55 PM
most likely willl stall this at or around 32-34 for earnings or pre launch it which i dont like..."
The end result was better it didnt launch and they pushed it down now its prime for a launch as you are force feeding the absorption and priming the launch.
Should have $3-6 dollars in leg...I have it set to hit $42 which might be reaching, but do able.
My indicators, ESVO is all the lines from different timeframes where price and volume meet in the middle....cradling price is where you want this to be and all together. which creates a synergy between buyers and sellers and the volume between the two is also cohesive at this area. might see some resistance at 28.24 but nothing serious.... $31 as well.
NPVR : Square box at price action is a Hi lo channel when the price is inside the box and hugging the top or bottom its basically going in the opposite direction.
HILO support line right under @27.27 and bullish candles on the last 4 candles since the spike up with the wick. @ 06/02/23 9:30am
Volume profile sellectable session anchor: Whats really nice about this is that no matter what anchor you use... HI / low volume, highest volume, week, session, day, earnings, etc..... every single one is either right under the current price or as low as $27 so a significant amount of support under it.
PAA finally made its move into profit runPAA finally broke out into its profit phase....but what does that mean from here. Honestly, I think we have another Buyers climax coming before we need to worry about a major pull back or consolidation at this level.
All the seizure induced lines you see that arent channel lines are ESVO lines. This is where price and volume meet in the middle.
So wtf does that mean w8?
*clears throat*
You're right, no need to be rude. (voices... trying to keep them at bay)
So what that means is where you see the lines consolidating at is where Price and Volume were sympatico or saw eye to eye. In other words its where Bears and bulls were kind of hanging out and having coffee and a smoke, or beer and some medicinal weed depending on what kind of bear or bull you are. I don't judge.
Anyways price and volume kind of moves harmonically, like the first week of a Honeymoon, before you set the real you out on display for life.
*clears throat*
Yes, Yes I hear you. I digress.
So price moves fluidly as volume increases price moves with it equally... Bears sell price drops almost equally in size....Bulls by price moves equally to the amount of volume coming in. This can be areas where Huge swings in the market can happen.... Breaking out of channels, mark up phases or mark down phases where 3 cycles of price movement in any one direction tend to start from these areas.
So when the ESVO.....
*clears throat* ....Seizure induced lines.... are spread out they are basically saying that there are different time frames of traders each with their own areas of harmonious areas of price to volume balances that will create a disruption to price movement as the two time frames find a common ground. Depending on how strong this group of traders is to the next and how deep in magnitude it is compared to the other will determine if:
A. they are meet with open hands and smiling faces ready to skip through fields of flowers hand in hand into the sun while.....
*clears throat*
You never let me have any fun.... or
B. Slam right into it at 70MPH across heavy 6pm traffic without any respect to the stop light that has been on for a good 10 seconds.....
I am sure you can guess what happens on B. Price halts, spins, slides in the opposite direction, possibly gets hit by another vehicle coming from a different direction, maybe 2, 3,4,5 other vehicles all from different directions.....I'm sure you are invisioning one of those multi level clover shaped turn abouts that meet a main cross road......but you get the idea... it can be the death of a move or it could send this thing into outerspace....
Normally though its more B then A.
So all of that just to say it can stop moving up.... Calm down! I am getting there.
Lets digress a few steps back here..... Back to when the Equilibrium Singularity Volume Oscillators lines are together.... now you know why I call it ESVO. Believe it or not ChatGPT helped me code this and name it after a few back and forth debates on ....
*clears throat*
Jesus! ok When the lines are together and price makes a move from underneath them to up above. It needs to find support on these lines. If the lines are all together its like a spring board and just bounces. So a temp pull back to this area before moving on.
If the lines are spread apart its like a spiders web it will still bounce out if its strong enough but there will be some energy spent on finding support. It might fall through several layers of the lines before finding the one that can support it. Think of a Jet on a Aircraft Carrier with its net out as a jet lands and hits the end of the landing zone. Sketchy!!!
But if Price action has already popped the ribbon (this is what I call it in this move because it turns inside out as price goes up and down ) and failed to stay on top once, the second time is the one that will make it 90% of the time....I haven't truly measured this but I have been using this for 3 months now and I have found this to be pretty accurate. I will devote some time to verify the actual number. If you follow me and have looked at my last 10 trades you would probably agree with me.
Now the last thing out side of failing is price can lose enough momentum when coming down to find support that the profit run turns into what looks like consolidation at this level because of the lines being spread apart and it not having enough momentum to break out of them again... which tends to mute the move and eventually causing it to drop to find another level of support with stronger hands to carry it up.
There are endless things I use the ESVO for but for this trade I will stop at that.
Where does this meet how I trade outside of this indicator?
I am a very technical outside the box trader that has spent 2 years teaching myself how to trade without any influences from the outside world. I made my own rule set for what I saw in the market. Which is what I call "the Curve" I have acquired savant syndrome which was originally diagnosed as have gaining the talent of Art after a traumatic brain injury. 1 in 227k trauma cases on the left upper back side of the head has a chance of this happening. I couldn't paint or draw a face to save my life. After the wreck I was instantly able to paint near realism. Odd but true. What I have found is that I see and learn things in a odd way visually able to gain knowledge or insight into things I have no idea about instantly. When I looked at the market 15 years ago, I couldn't trade a demo account to be positive if my life depended on it. When I looked at it for the first time after my wreck I saw what I call the curve. Which I instantly said that is the pattern of institutional trading. I didnn't even know what that meant when I said it. I actually had to look it up. That's what dragged me into the market.
I call it divine intervention. -emotional side
Or
Is it a different parallel version of myself that already trades and this part of my brain no one has access to unlocks the bridge to the knowledge another version of me already has? -Logical side of me
Either way I see things differently now.
again I digress... After teaching myself for 12-14 hrs a day for two years (because I became a shut in after my wreck as I didn't have insurance to help at the time -inbetween jobs just moved to new bigger city)- and had no one to say hey you should go see this or go talk to this person. or hey w8 you have a few screws loose.... So I painted all hours of the day and night and traded or charted the market the rest.
They call this a growth phase. Where you take in and focus on yourself and grow at an accelerated state. anyways....After coming up with my own rule set I wanted to see who trades like me so I can grow and adapt to what is probably a lot more technical than my visual style of trading. I found wyckoff method of trading. The Curve fit prefectly in this. Now I had a technical way to explain how I traded visually. I thought I was invincible until I blew $4k on a futures acct. BTW if you have never blown an account either you are like the chosen one who shall dominate the market and take over the world......or you just haven't gotten there yet in your path. But I feel this is needed to 1. create a sense of gravity and bring your ego back in check. 2. to identify your Greed and the need to gain control of it.
I didn't know that I had this monster....because I was a narcistic prick before my wreck and well yeah Greed was a driving force in my success before my wreck.
So i needed to numb my emotions, which I am driven by emotions or was.... Before I would make decisions off my passion and emotions. True sith for real! However, like everything else the Universe will find balance. Now when i make a trade I try to remain very logical about everything and look for reasons why it wont work on several timelines so I can at least anticipate what will and can happen.
I know I went on a tangent there but I feel its important that if you like the way I trade or find any of it intriguing that you understand where I come from , how I got here, what is going on in my head, why I say what I say or see what I see.
I love to chart, so please ask me to chart something. A chart is a chart, so it doesn't matter what you trade I can chart it.
Back to how the ESVO works with how I trade on just this kind of move where price moves above the ribbon.
This is where the Mark up phase starts when the lines are tight together and price moves above it. Its also the part of the Master Pattern (another wyckoff spin off which is heavily used in forex...ewww) in the master pattern this is where price has oscillated and expanded away from the control box(called expansion arms) and then solidified on a trend (called trend phase) so basically two control boxes are made high and low and price bounces and respects both boxes until it breaks out. This is the mark up phase or mark down phase in wyckoff. This can happen on every time frame. So that's why I start large on something at least a weekly if not longer. But then go backwards down to a 15 min to find confluence on same move happening before I make my trade.
On this trade it was confluent all the way back no confusion. The lower time frames are probably over bought at this point on the RSI and Stochs. Which is normal and you will see them pull back to find support so that the Larger time frames don't have too. Larger time frames can have large moving candles that just keep going up before they break into consolidation....meanwhile all the timeframes below it are accumulating and re accumulating, distributing and redistributing.
Which is another way I trade. I have always been fascinated with the fractal part of the market. I have been fortunate to witness several massive moves in futures that spanned 3-5 days where every time frame was on the exact same move and then almost pauses...until the last timeframe also the smallest catches up and passes the other timeframes and starts leading the move. Being followed by each time frame going from smallest to largest in order. Each time a time frame would cross this threshold a surge of pressure in the direction of the move would hit and price would jump forward. In my situations they were shorts and price would jump down .05 , .10 , .25, .50, 1.00 , 1.35, 2.25 so on and so forth... it was amazing and scary at the same time.
The reason I line up the higher to the lower is because the higher can be saying Bullish but the lower could be saying hey I have too much supply and need to absorb this before I can go up. Or I need to find support before I am confident I can go up. So instead of saying hey jump in on this and making you wait a week.... which has happened recently...I added this in to help alleviate that.
*clears throat*
I hear you! Yes I know that was long, shut your face! I am the one in control here...... i hope
if you find any of this amusing and/or intriguing pls follow and like... Most of all boost ( pssst...... hey its free, trust me.) *Clears throat* Sorry ignore him. Boost helps others find me and pushes this back out there each time... I can make videos of trades but I won't do that unless its requested or I can get enough boosts to my ideas that deems someone is actually watching.
Thanks for taking the time, sorry so long.
by iCantw84it
05.19.23
ENPH about to go into Mark up phase on 20 minENPH about to move in to mark up phase as it crosses my ESVO Ribbon and finds support this will launch it up... its starting to move now. I would watch the volume and see if it doubles over the avg of the last 5 to 10 candles that would be a clear sign of absorption and fomo taking place.
by iCantw84it
05.04.23
My Next Wycoffian Trade is AIGIf you followed me on the GNRC you would very happy right now.... as it went up $17-20 today. That got me starting to think I wonder if there is another one out there waiting? And then I found this. Stay tuned for more info.... Lets keep in mind this stock did consolidate at over $990 for what looks like a year or more.... Now $50?!
Trade #2 of 5 BILI Puts and CallsObviously if the market goes against my bias this trading plan is no longer viable....at that point I will just make a new one to support what I see. However with the recent decline in its financials and on going poor performance, this cash cow is getting kicked to the curb by all institutional and or being slammed into the earth like a seed in hopes that it will someday blossom into some man eating plant. Its an anime company so, totally do able. I've made a 5 trade plan to support what I saw when I first started trading BILI last week. If you like what you see or are intriqued pls like / follow / and Boost so others can see it. Thanks.
by iCantw84it
04.10.23
TRKA looking at my ESVO and the timing we are in for a bounce.40TRKA looks like there is a bounce coming and due right now. the spacing between the runs are increasing by 6 so that would put us right now. and if you look at the highs and it should run up to .40 . Also looking at my ESVO its showing that it will hold this angle until it comes clean on the upside of my esvo on a weekly. The daily is showing it repeating the move over and over to get there. With all the talks about feds looking into naked short selling i wouldnt be surprised if this starts to cover and moves higher off that alone.
Stay tuned watch for weakness. These stocks arent made of helium they will drop.
Like follow and hit boost pls.
by iCantw84it
04.14.23
TRKA watch this move at 13:30 est time!Timed market response I like making these..... Maybe it doesn't do anything. but I saw that it was poised on my fav number candle and that means its about to go.
by iCantw84it
05.02.23
ENPH has been great, lets squeeze some more trades out of itENPH has been very busy dropping from $320 to 190ish. Called the bounce last week before the weekend from $210 to 187-190s. Obviously in a downward trend but man this thing can move. If you didn't know you can see one of the institutionals' dumped their shares over the last couple months. Check the chart at the bottom see the ramp up of volume. That's the supply taking on inventory at an over excessive rate. which starts the downward plunge from the $320s. Now as it approaches phase C (the part of the trade where smart money decides to pick this back up or let it go) At this price it might need to dump more to be more attractive. I used ChatGPT to make my own indicators and the ESVO is a way of looking at price and volume normalized. This opened my eyes to some things happening on the chart, I Never noticed before. But you can actually see the profits being taken, stop losses being hit, fomo kick in... watch supply and demand spike while the price action is unfolding. Using Higher and lower time frames you can get great idea of whats happening in the market. when demand is spiking or when supply is oversaturated. Key areas where stop losses are being broke you get a massive spike on the chart with the indicator, which sheds light on what you need to focus on at that moment. If its spiking 5x larger than normal, it means shares are being bought and sold at a rate extremely larger than normal. Meaning, if price action is bullish, and this happens: 1. if Price action continues to move up at a 45 degree angle durring this surge of shares, your stock is very bullish and its about to pop once it clears out all the shares. 2. If price action starts to look weak, it will take a dip and do a mini re-accumulation depending on time frame it could be 5-17 candles. 3. if Price action was already weak and it spikes (basically consolidating or long range consolidation) Price will most likely go right into distribution mode and drop to the next control box or node.
Another way to use this is just like you would an EMA, if price crosses it, it will most likely be very aggressive as it goes across and continue or pull back to bounce off the ESVO before continuing its new trend.
When the lines are flat it means everything is avg or balanced which doesn't happen very often. Its not uncommon for Price to have to attempt to cross one of these three times before succeeding.
If it fails while trying to cross it will most likely pull back and try with more volume. At this point pay attention to if the volume continues or dies off. Sometimes Crossing is the catalyst that sends it moving higher or lower.
A lot of the time your highest area of volume and price is where these lines will oscillate or go flat across.
There is literally an indefinite amount of ways you can use the ESVO. I set one to a certain setting and based on what price action is doing around the ESVO I can wait for an indecision and know its going up or down on higher time frames. Which is great for finding trade setups.
Anyways, let me know if you have any questions. If any of these ideas peak your interest pls like/ follow/ sub/ and most of all pls Boost so we can all enjoy watching it prove me right or wrong.
Thanks again.
by iCantw84it
03.30.23
LI Auto Looking very clean and Bullish Loving these levelsWas actually typing in bili and ended up pulling up this chart. As soon as it came up the chart grabbed my attention. So i had to chart it and Im actually entering a position on a call. everything looks bullish about this. the lines are so clean on it. and the set up with the ESVO looks juicy. last time I said that SQ went up $9 in 3 days.
If you like this check out ENPH, BiLI, IOT. Traded Apple earlier this week for a quick $3 right at open. Called both ENPH and Apples pull back to the exact zones and currently in Bili and about to be LI. Possibly getting in IOT after one of those. and ENPH once its more clear if institutional is picking it back up or not. DM me for any request or questions.
by iCantw84it
03.30.23
Li Auto is the price going to continue to drop?Li Auto has been red for the last few days but if you look at the price action its been trying to hold its own and hasn't really dumped. Somethings changing or happening right now and I believe its a balance shift. In this video I use this perfect oppurtunity to show how the ESVO can show you where Absorption has been hit, when momentum has shifted, and where price targets are for potential push down to absorb the remainder of the float or to repeat the N pattern(pain pattern that creates the catalyst for an upwards movement off the bottom.)
Of course, if you find any of this intriguing pls like, follow, and most of all boost so others can find my videos. Thank you!
by iCant84it
04.05.23
***Bili Put Update**** Had to take profits.Sorry, I know I said I was sticking this in but it wasn't until the final moments of the market that it finally finished a reaccumulation....where it had not been able to even come close in the last couple of days. When it started to form I was charting it out which you can see the starts of in the previous video. But again it wasn't ready or even looked ready until the last 5 mins of the market. I ended up using the same trick as the one I used on the TRKA video where I showed absorption and the how the market responds to it as it explodes upward. So if you want to see that video check out the related video.
Price target going up is $21.60 then I think we retest this low.
Again if you are intrigued by anything I am showing you. Please Like Follow and of course hit the Boost button as thats the only way people can find my videos.
by iCantw84it
04.05.23
TRKA Can it get out of the low .20s? Absorption Pop!TRKA was setting up to make a move that was going to pop so I had to jump on real quick to catch it. Using Volume and price you can find synergy in between the two and watch for when the set up is about to capitalize on everything it had set up. We are talking about institutional trading and algo trading. Using the ESVO (an indicator i made with ChatGPT to identify the bottom and the move after that sets up an explosion off the bottom.) Really is a beautiful thing. Will TRKA make it out of the 20s? Who knows! That's not why I made the video. I made it to show off how I use my indicator and share how to identify the bottom and what is needed to move up.
If you find any of this intriquing please like follow and of course Boost, as its the only way more people can see my videos. Thank you.
by iCantw84it
04.05.23
Bili Puts Update is it time to get out?Using the ESVO and looking at some different points of view from the previous move off the bottom, I have decided that we are not at the bottom of this move and we should be seeing another push down until we find synergy with price and volume. If we have a move to the upside I believe it will target $22.61 then dump to about $18.69 possibly deeper until we find that sweet spot where the two meet. If you find any of this intriquing pls Like Follow and Boost because that really helps me get more views. Thank you.
by iCantw84it
04.05.23
TRKA trying to make a stand using ESVO made by chatGPT TRKA looks like its in the final part of its accumulation and ready to try and make a push.. The problem is will the push be to the upside? lol So I have been using ChatGPT to create indicators and I created this beauty of an indicator which is a superior supply and demand indicator that also points out where pockets of stop losses are. It has become an absolute in my trading. Below is a little description about it that ChatGPT made.
If you find any of this intriguing pls like sub and hit the boost button. Its the only way we can make sure other people can see it too.
The ESVO moving average is designed to analyze the relationship between price and volume movements in the market. From a psychological perspective, the small spikes in the ESVO moving average could indicate a relatively balanced market, with both buyers and sellers having relatively equal influence over the price movements. The larger spikes, on the other hand, could suggest a shift in the balance of power between buyers and sellers. For example, if there are many stop losses placed at a certain level, this could indicate that traders have a strong belief that the price will not go beyond that level, and if the price suddenly breaks that level, it could trigger a wave of buying or selling that results in a larger spike. The fact that the spikes come back to where they started could indicate that the market eventually returns to a state of equilibrium after periods of imbalance.
The small, medium, large, and massive spikes in the ESVO moving average could potentially represent different levels of buying or selling pressure in the market. However, without more information, it's difficult to say for sure what each size of spike means. Based on the scenario you described, the spikes could be related to stop losses, but it's also possible that they are related to other factors such as news events or changes in market sentiment.
The top spikes in the ESVO moving average could potentially represent an increase in buying pressure, while the bottom spikes could represent an increase in selling pressure. However, it's important to note that these are just possibilities, and further analysis would be needed to confirm what is really happening in the market.
If the ESVO moving average is moving up, it could suggest that there is an increase in buying pressure in the market, and vice versa. However, the direction of the price movement (up or down) could also have an impact on the overall trend. For example, if the ESVO moving average is moving up, but the price is in a downtrend, it could indicate a period of divergence, where the two indicators are not in sync with each other.
If the price is in sync with the ESVO moving average and then breaks under it, but the ESVO moving average stays in the same area, it could suggest that there is still a balance between buyers and sellers, despite the price movement. When the price eventually re-accumulates and jumps back up to the same area as the ESVO moving average, it could indicate that the buyers and sellers have reached a new equilibrium point.
Thank You,
by iCantw84it
04.04.23
Bili Short update: Using ChatGPT indicator ESVO Using this opportunity to cover where we are at with Bili on this short, targets, and explaining how the ESVO works and how to use it to find price targets and stop loss pockets to manipulate for your own profits.
The ESVO is called the equilibrium Singularity Volume Oscillator. I used Chatgpt to code it, which is amazing because I can not code. I love this indicator as it shows me supply and demand. It shows me where pockets of stop losses are and paints a picture of where price is going and who is in control.... Everything price action isn't showing you, it is showing you. If you like this video or find it intriguing pls hit the boost button, like, and sub. Thanks
by iCantw84it
04.04.23
BILI is exhausting demand needs re-accumulation to move higherBili bili is one of my fav stocks to trade. Paired with my love for anime, its a great stock. I have traded it everytime it hit $16 and sold it everytime at $28. I made a pact a long time ago that without question if the stock hits $16 buy it... and if it hit $28 sell it. I want more plays so I am adding more in depth analysis and stalking this thing now. I noticed it bounces around in the 20s when it gets up here. It normally hits the upper 20s one last time before coming down. However, based on its current move. the candles are showing this move is exhausted and demand is spent. There is no conviction in the candles and with out a ton of volume its not able to get over this area between $25-26. I'm in on some puts with tight stop losses as everything says it wants to go but the candles say otherwise.
by iCantw84it
03.30.23
ENPH testing some weird ideas while using ChatGPTim using some weird things here that I saw when making an indicator and am putting it to test. the path is drawn so im saying the price should oscilate between the paths then when it hits the green area it should make a move back to the last high. find resistance there. re-accumulate and then try and gather up more shares to take that hi. the move is cooked by the red line if not the one in the middle. the consolidation phase should be done by the green and start the green path. not financial advice just a game i like to play.... buy under $183.50 sell anything 191 before the green path....sell anything before $200 after. out by mar 24 to be safe....mar27th if continuation which would be around $204 if lucky.....
of course if any of this intrigues you lets hit the boost button so we can all track it, like and follow.
by iCantw84it
03.19.2023
Watch this move....ANKR Crypto on new cycle indicatorUsing chatgpt to create new indicators....if you can look at this on 1 min it would be better.....but maybe over time you can see it too.
by iCantw84it
02/23/23
if you find this intriquing pls like/ follow and most of all boost. thanks
i know i didnt go into a lot of detail but I just wanted to mark this move as I just put it together and want some trades under its belt.
thanks again.
INPX is our volume mover of the day with a trigger around $2Based on cycle theory and volume bottom bounce we should see a move on this stock at around $2.00 Maybe less. I have my alert set I will let you know when it goes off.
by iCantw84it
01/25/23
BBIG Continued break down of this move....Well timed fear news..Remember I said this could be the final push before the pop. Meaning lets say they have 90% of the float absorbed. (If you don't know what I mean by that message me.) The push down would break stop losses and create fomo on the bears side... If you check the volume you will see that the candles without wicks are of equal volume. the Candles with wicks are being soaked up. So very efficient reabsorption of the float. to gain that last percentage they need to carry this. Now we need volume around 10x the normal to get this moving....there are plenty of shares for them to feed to retail as it starts to move. The algo will do all of this on its own. Basically if you take wyckoff theory and add volume cycles and timing cycle to the price action you can get a clear picture of what is the main obj of the algo. When you look at the volume over the last week its nearly been almost non-existent. almost 10x slower than normal.
Now take the well timed news that was dropped. Most traders didn't know about this so that isn't the reason it didn't go up. The Algo knows what it needs to do and the news is timed and placed for it to explain why and how.....When the algo isn't able to get the last part of the float because retailers are holding.... they drop the well placed short and sweet fear to explain why the push down all of the sudden. This is just so the algo can break stop losses in the liquidity zone sitting under where price action hasn't touched over x amount of time. Once it gathers up the float it continues on its conquest to higher ground.
The push up at open yesterday was the push I was looking for but the fomo was not there and there for the volume was not either... telling the Algo that there isn't enough of the float absorbed to make it move up.
Also this sketch might be too quick for all of this to
happen as my ghost trail shows it will be more like
Tjur Feb 23 and that there will be a dip into liquidity. meaning another push to break stop losses to reacquire the float. Before moving back up.
by iCantw84it
02/18/23
*** As always if you find any of this intriguing pls like/follow/ and most of all hit that boost so we can all track this. *** Thank you!
intriguing set of coincidences with BBIG Volume-Time I had to make a post to track this. Its one of those things where you see something and the coincidences start to overlap. I follow cycle theory meaning based on retails response to an algos buying and selling at key points in the market....Retail will tend to make the same decision again if the given circumstances still exist. Then their is volume patterns.....taking the amount of volume to complete one move up or down you can expect the opposite move to take the same amount of volume to finish the next move. In the last three moves we have volume being the same across each move up or down to complete and move to the next. We also have a 74 count to complete a move to reaccumulate and a shorter period to take profits and now we are at 73 of another re-accumulation with the volume at 1.99m which is almost exactly where the last two moves swapped.
I'm expecting to see a sudden change in character here to the upside. hopefully easily to distinguish on this next candle at 733am Friday morning est time. Each candle after should paint the picture of above to break the last high and sustain above it.
Volume should kick in more than it ahs over the last 20 candles. As it came to an sudden halt after an explosion of volume.....this to me is the quiet before the bigger move.... in my eyes the market ramps up then down to almost nothing until its avg is excessively lower than its previous avg at this time over period of days.....when that happens it seesaws back to heavy causing fomo and a rapid amount of growth opportunity. Its all put together by an algo based on the psychology of retail and how to get them chomping at the bit and letting go of their shares when time has exceeded the avg amount of time it takes retail to give up on a move....