SOUN on the 15 minute chart as fallen again to the anchored mean VWAP. Each previous time this has occurred in the past month, price has bounced into the second or third upper VWAP band line for a bullish momentum move. The mean VWAP is where big players like to pick up and drop off shares. Liquidity is at the highest. Teh Relative Trend Indicator will show...
AU AngloGold Ashanti has operations in a variety of locations including North America and Africa. With spot gold rising and mostly fixed operational costs, AU stands to improve its overall margins. Here on a weekly chart, price has crossed over the POC line of the volume profile and the mean anchored VWAP line. The Price Momentum Oscillator and Relative Trend...
HL shown on the reliable daiy chart while spot silver is uptrending. demonstrates multiple bullish signs including a cross over the POC line of the volume profile and now the confluence of a 200-50-20 triple convergence coindident with a cross of the long anchored mean VWAP and a gaint ( "gib ass green") engulfing green price candle of 7% magnitude with...
NKLA on the 120 minute chart has been in a falling wedge pattern and had the news of hydrogen stations ready to go in the all important California market and now printed a countertrend breakout over the wedge. Can Nikola stop the cash burn? Can it prevent further shareholder dilution? Is the board protecting the interests of shareholders ? While this gets...
While tracking regional banks KRE had a bad time in the spring with the small and regional bank failures/rescues and the federal actions to buttress the faith of citizens in them. There have been no runs on the banks. Larger banks may be taken some business from small banks saddled with securities with diminished value due to rising interest rates and the...
Shown on a 15-minute chart, SOFI is seen slowly rising in a parallel channel bounded by a pair of anchored VWAP bands - the first and second deviations above the mean VWAP from anchors back in mid-June. Fundamentally, SOFI has been challenged by another round of student loan forgiveness by our President as well as the instability in the prime rates ongoing....