Black Friday Buzz for AMZNThe Giant of e-commerce and AWS for small businesses, which now has AI integrated, is moving up in anticipation of a strong Black Friday for $NASDAQ:AMZN.
The new CEO who took over form Jeff Bezos is doing a good job. As the CEO of the AWS division, he did an amazing job building that division of AMZN. Outstanding CEOs make a company great. CEOs are more important than most investors realize.
Weekly Chart shows that AMZN is about 40 points from its all-time high, so plenty of opportunity for it to move up further from here. The Blue lines indicate levels where Dark Pool buy zones and Pro traders moved in most heavily. These are now strong support levels for the stock.
Protraders
Positive Earnings Gaps Seldom Fill: NFLXTo follow up on my analysis of NFLX from Wednesday ...
Despite the market moodiness and selling, NASDAQ:NFLX reported well above estimates.
HFTs triggered a huge gap up on heavy pre-open order flow yesterday. Volume was also huge, so smaller funds' VWAPs triggered and retail traders chased the stock while Pro Traders and HFTs made some big profits.
Gaps up on positive earnings seldom fill completely. There is a strong support level at $350 which the gap up now confirms.
FTM USDT CHART ANALYSIS WITH PROFFESIONAL COACH The FTM/USDT cryptocurrency pair is currently showing a bearish trend and may continue to decline towards the zone of 0.3900. Please note that cryptocurrency markets are highly volatile and can change rapidly. It's important to conduct thorough research and exercise caution when making investment decisions."
etherieum/tethreus analysis (EthUsdt) Based on my analysisBased on my analysis, I believe Ethereum (ETH) has strong potential for long-term growth. I recommend considering a long position with a buy entry point at $1895. My target for taking profits is at $2150. Please note that investing in cryptocurrency involves risks and it's important to do your own research and make informed decisions. #Ethereum #Crypto #Investment"
Remember to always provide a disclaimer that investing in cryptocurrency carries risks, and it's crucial for individuals to conduct their own research and make informed decisions based on their own risk tolerance and financial situation. Additionally, please make sure to comply with any applicable laws and regulations related to financial advice or investment recommendations in your r
JPM Earnings Reversal PatternJPMorgan Chase (JPM) reported earnings today for the 4th quarter. There was no surprise for the professionals and for the Dark Pool Buy Side Institutions. They already knew what the numbers would be.
Today's candle was not just a bullish engulfing candle. It is what we, at TechniTrader, call a major fundamental REVERSAL candlestick pattern.
This is a huge one-day reversal that started out as a High Frequency Trader (HFT) gap down on negative expectations from the retail side and social media telling traders to sell short JPM. Those retail day traders who tried to sell short JPM got whacked big-time. Margin calls are likely, as the sell short losses on this large of a reversal candle are huge.
Why did the stock price reverse so quickly? The outlined area of the sideways consolidation pattern reveals Professional Traders’ setups ahead of the earnings report. The stock dipped into this price level, and then buying commenced that is well above average for JPM stock.
BTC BREAKDOWNIf everything goes as I expect down on the chart where the arrow is pointing in that candle we will see on the 30 minute chart a big increase in volume, on the price chart we also want to see a big black candle ending somewhere around $16975 which will look right into the SHORT for retail and we can go straight up, if there volume will not be downward but instead shoot up I would expect there to be somewhere close to the high of the trend which may change with the results of inflation on Thursday
BTC/USD 30MIN BREAKDOWNGreetings dear traders on my first analysis of the new year! Today we look directly at Bitcoin on the 30 minute chart, from a daily perspective I see a lot of liquidity at the level between $16520 to $16600 where the whales could take a short term swing long and appreciate a little over 3%
ETH XMAS SWING LONGHello dear traders, we have the day before Christmas and volatility is really very low but I believe the Asians can surprise over the holiday nights and end December in the green numbers, let's see how my support zones at $1210 to $1215 will react, if we hold this support we will go up
Dark Pool Buy Zone Patterns: BA ExampleA corporate aggressive stance to accelerate Boeing's recovery from the pandemic created buying activity during the index sell down over the past few days.
BA is one of the few companies on the Dow moving up while the majority of components were being sold down.
This is an example of how quickly a stock can reverse from selling down to resumption of its trading range or bottoming action. This is a range-bound run up. The technical pattern has some pro traders in the mix. The run is above the accumulation level for Dark Pools.
Pro Traders Take Profits on EarningsWhat happened today on the earnings announcement by PEP? Pro traders took profits against the retail crowd's buying on the news headlines that suggested an earnings "beat" for Q2. The retail buying causes the gap up at open, which is a prime cue to take profits on swing trades.
This was what we call a pre-earnings run. The earnings results don't matter as much as the technical setup a few weeks ahead of the earnings release. Swing trades were initiated at the reversal from the support at 155, confirmed by price and volume patterns at that time.
Now, with resistance overhead, where the initial target for this earnings play was, and the retail crowd causing a gap up at open on the earnings announcement, this is where professional short-term traders close long positions. This should not be construed as a good opportunity to short swing-style, however. It is an example of the execution of a long swing-style earnings strategy.
This is an example of TechniTrader's Relational Technical Analysis techniques for planning better trades.