Nkarta to 15$NASDAQ:NKTX
Looking like a technical reversal on the daily chart - MACD, TTM, and MACD look very resilient after a selloff.
Analysts set price targets at 15$, indicators seem to match up with this. Earnings in 17 days and mid-year treatment trials could be catalysts to move the price towards this target. Earlier results were promising.
Make sure to manage your R:R and size appropriately. Tell me what you think about this setup in the comments.
Volatility
NQ Power Range Report with FIB Ext - 4/23/2024 SessionCME_MINI:NQM2024
- PR High: 17371.75
- PR Low: 17329.25
- NZ Spread: 95.0
Key economic calendar events
09:45 | S&P Global US Manufacturing PMI
- S&P Global Services PMI
10:00 | New Home Sales
Prev session closed as double wick inside bar
- Holding near prev session close
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 290.59
- Volume: 26K
- Open Int: 264K
- Trend Grade: Bull
- From BA ATH: -7.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 4/22/2024 SessionCME_MINI:NQM2024
- PR High: 17263.00
- PR Low: 17196.00
- NZ Spread: 150.0
No key economic calendar event
Volatile open creating relatively wide range
- Holding above Friday's close
- Value declined back to Dec-Jan range
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 291.55
- Volume: 37K
- Open Int: 267K
- Trend Grade: Bull
- From BA ATH: -7.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Wells Fargo Quietly Breaks OutStocks inched lower yesterday, but not Wells Fargo.
The first pattern on today’s chart is $58. WFC was trapped below that level since March 12, but closed above it on Thursday and reached its highest level in over two years. That may suggest the bank stock is breaking out.
Second, Bollinger Band Width highlights the narrow consolidation since early April. Will that price compression give way to price expansion?
Third, WFC is back above its 21-day exponential moving average. Traders could view that as evidence of a bullish trend. MACD is also trying to turn higher.
Finally, there have been some positive news events. The Office of the Comptroller of the Currency (OCC) terminated a cease-and-desist order on February 15 and earnings beat estimates on April 12. (The stock initially dropped but advanced this week.)
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NQ Power Range Report CORRECTION - 4/19/2024 SessionCME_MINI:NQM2024
- PR High: 17543.00
- PR Low: 17520.00
- NZ Spread: 51.5
Evening Stats (As of 1:55 AM)
- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 301.12
- Volume: 144K
- Open Int: 260K
- Trend Grade: Bull
- From BA ATH: -7.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 4/19/2024 SessionCME_MINI:NQM2024
- PR High: 17543.00
- PR Low: 17520.00
- NZ Spread: 51.5
No key economic calendar events
Heavy selling through prev session
- Below prev daily supply, 17400
- Found inventory response inside mid Jan range
- Establishing value between 17240 - 17390
Evening Stats (As of 1:55 AM)
- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 301.12
- Volume: 144K
- Open Int: 260K
- Trend Grade: Bull
- From BA ATH: -7.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Argument: Bitcoin is only going to get MORE volatileThe first macro recession for crypto assets is perhaps right around the corner.
Bitcoin will be put to the test at a time when it has never been more viewed as a stable store of value by so many people.
The volatility is going to be brutalizing.
Don't get wiped out on the path to infinity.
NQ Power Range Report with FIB Ext - 4/18/2024 SessionCME_MINI:NQM2024
- PR High: 17685.50
- PR Low: 17670.00
- NZ Spread: 34.5
Key economic calendar events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
10:00 | Existing Home Sales
Value continuing to decline below 17000
- Responding to 2/21 inventory
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 4/18 +0.04% (open < 17665)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 282.68
- Volume: 21K
- Open Int: 254K
- Trend Grade: Bull
- From BA ATH: -5.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 4/17/2024 SessionCME_MINI:NQM2024
- PR High: 17916.00
- PR Low: 17896.00
- NZ Spread: 44.5
Economic calendar event:
10:30 | Crude Oil Inventories
Prev session closed flat
- Maintaining 50% of prev session range
- Above Monday's close
Evening Stats (As of 12:55 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 277.30
- Volume: 28K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -4.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
HOW-TO: Cyato Grid BotThe grid strategy is one of the most popular and interesting in the world of crypto and forex trading.
Simply because it abuses volatility, market fluctuations, and those markets are well known for it.
In this guide, I will explain the strategy and showcase a powerful grid trading indicator that can help traders to better understand and implement this strategy.
█ The Key to the strategy
It involves placing buy and sell orders at predetermined intervals or levels, called "Grid Steps". If a step is crossed to the downside, the strategy will buy. If price crosses a step to the upside, the strategy will sell. The last step to be crossed becomes inactive.
When configuring the strategy, the process is pretty simple.
The user can choose the number of steps with a higher and lower step price. With just these 3 settings, you can create a strategy.
Now, the challenge with grid trading, is to optimize these 3 settings.
█ Maximizing its effectiveness
The first thing you want to do before even going into the settings is to find a suitable market for it.
You want these 3 requirements:
• A ranging/going sideways market
• High volatility
• High liquidity
For example, ETH/BTC is one of the most traded pair in grid trading. It has good volume for the strategy, behaves in a range since late 2021, and has decent volatility daily.
█ Knowing the risks
Very often, the lowest step is used as a stoploss.
As with every trading strategy, there are risks and it is important to understand it.
With grid trading, we take a bet that price will fluctuate in a range, and abuse that assumption to profit from price action.
If price decides to leave the range, there is one scenario that will put us at risk.
In the scenario where price breaks to the top, we are fine, this is take profit.
However, if price breaks through the bottom (lowest step), we will find ourselves with a lot of buy orders above current price.
That means we have unrealised loss. Now two difficult two choices are in our hands: sell at a loss, expecting price to go lower, and stop the strategy to start a new one at lower prices. Or wait until price climbs back up.
In this example, we set a stop loss at 0.063 BTC below the lowest step, and price falls down to 0.048 BTC. If we decided to hold, the unrealised loss would grow bigger as price drops.
Now that we know what are the risks, let's see how is profit calculated.
█ Calculating Grid Profit
We will have two types of profit when grid trading. One this called grid profit.
Grid profit is generated every time a step is bought and sold at a higher price. The grid step "height" is the spacing between two steps, usually visualised in a % percentage of price.
The sum of all the profits generated from the grid steps is the grid profit.
The second type of profit is the open profit. This one is really important and should not be forgotten when calculating your strategy PNL.
To put it simply, it is the profit or loss that would be realised if you would close all the open orders at current price.
The open profit can vary a lot and it is crucial to know its value when you are looking to take profit or stop the strategy.
In this example, I chose round numbers to make it easier. I used 2000 usd as initial capital for the strategy, which contains 20 steps. The strategy will therefore split this equally through the steps, so 100 usd per steps. I chose a grid step of 1.1% of price, which is makes around 1% after fees. It will consequently take 20 closed steps to generate 1% grid profit from the initial capital.
After running the strategy for 74 days, we have 21 steps closed, which makes a tiny bit more than 1% grid profit in total.
However, the open profit from the 12 orders still open is negative because price dropped.
If we were to close all open orders and stop the strategy right now, the total profit would be 1.03 - 4.35 = -3.32 %
We can see that it would not be a good time to stop the strategy, and shows that grid trading needs time to generate grid profit. That is why even though it is run on low timeframes, it remains a long term strategy.
█ Cyato Grid
Cyato Grid is a powerful indicator that can help to better understand and implement this strategy.
I will now explain the key features and settings of the indicator, provide examples of how to use it in real-world trading scenarios, and offer tips and advice for maximizing its effectiveness.
Backtesting
As soon as you set the 3 settings - number of steps, lowest and highest price -, you will get results in the Strategy Tester and in the Backtest table in the top right of the chart.
Those results will vary based on your strategy initial capital and order size. The order size being the amount to buy on each step, and is usually the same for each step. A good practice is to divide your inital capital by the number of steps to make sure you will never run out of funds to run the strategy.
Order Type
The strategy can be configured to use market or limit orders, as you prefer.
With market order type, the strategy will place market orders at the current price every time a step is crossed.
This allows to ensure that every order is filled, however you are subject to buy and sell a bit higher or lower than the exact grid step prices, and you will pay taker fees.
With limit order type, the strategy will place limit orders.
This allows to ensure that the strategy will buy and sell at the exact step prices and pay maker fees, which are usually less than taker fees.
To make it work, the "Start Date" setting comes into place.
Key Features
• Price percentage % step
Lets you set a price percentage between steps. The grid is then generated starting from lower or upper, configurable.
• Trailing Up
Automatically creates new steps when price climbs out of range.
• Trailing Stop
When trailing up is activated, the stop loss will dynamically follow the lowest price.
• Take Profit
Secure profits by stopping the strategy once total volume (grid profit and open profit) reaches a configurable percentage %.
Automation
You can fully automate the strategy through its alerts.
Set the alert messages for buy, sell, take profit, stop losses directly in the indicator settings.
Use the parameter "alert() function calls only" and you're good to go.
It will use only 1 alert slot to run the whole strategy.
Since it is not possible to place orders directly in TradingView, you will need a bot-software to do it.
You can use any bot that work with TradingView alerts.
Now, I offer a bot system for Binance along with the indicator. More info on my website, link below.
Sample Use cases
Crypto
BNB/BTC
BNB/ETH
LTC/BTC
Forex
GBP/JPY
EUR/JPY
NZD/USD
Tips and advice
1 — Set up the grid properly: Make sure you have a clear understanding of the asset you're trading and the market conditions that are affecting it. Set your grid levels based on your analysis of the asset's price movements and volatility.
2 — Adjust the grid as necessary: Keep an eye on market conditions and adjust your grid levels as needed. This will help you capture gains and limit losses as the market moves.
3 — Use proper risk management: Make sure you have a clear understanding of your risk tolerance and use appropriate risk management techniques, such as setting stop-loss orders, to limit your potential losses.
4 — Don't overtrade: Grid trading involves placing a large number of orders, so be mindful of transaction costs and don't overtrade. This will help you maximize your profits and reduce the potential for losses.
5 — Consider using automated software: Grid trading can be automated using software, which can save time and reduce the potential for human error. Consider using a reputable software provider and test your strategy thoroughly before using it in live trading.
6 — Keep a trading journal: Keeping a trading journal can help you evaluate your strategy and make improvements over time. Record your trades, including the grid levels and any adjustments you make, and evaluate your performance regularly.
7 — Stay disciplined: Stick to your strategy and avoid making emotional decisions based on short-term market movements. Stay disciplined and focus on the long-term profitability of your grid trading strategy.
═════════════════════════════════════════════════════════════════════════
█ SCRIPT ACCESS
Indicator and automation tools access can be purchased on my website. The link is in my signature below.
NQ Power Range Report with FIB Ext - 4/16/2024 SessionCME_MINI:NQM2024
- PR High: 17891.75
- PR Low: 17874.25
- NZ Spread: 39.0
Key economic calendar event
13:15 | Fed Chair Powell Speaks
Broke 200+ points below Mar inventory and holding
- Ranging below prev session low
- 17800 daily inventory from Feb
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 287.80
- Volume: 40K
- Open Int: 257K
- Trend Grade: Bull
- From BA ATH: -4.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
USDUSD Oil Prices react to Middle EastOn Thursday January 11th ( earlier today) WTI Crude prices gyrated widely
likely in reaction to US /UK intervention on the terrorists who seized a tanker on the behalf of
Iraq in the Red Sea / Suez Canal area putting shipping and supply concerns into the oil industry
to offset any weak demand. The 15 minute chart shows a megaphone pattern as a
demonstration of waves of relative volatility in price action. I have a position shorting oil
and will now close that position as I see a long entry developing here. US companies that use
rail and pipeline matching domestic production to consumption are less impacted by this
oceanic shipping issue. I will focus on them especially. OXY is at the top of the list and then
MRO.
BTCUSD on daily chart falling under resistance SHORTBTC in the recent past put in a head and shoulders pattern. The neckline drawn onto the chart
is above current price and rejecting it. Volatility has flipped decidedly. News is that Bitcoin
and crypto ETFs have had several consecutive days of outflows some perhaps when stop gold
spiked. Dollar value has a role in this as well as it dipped and then recovered. I have followed
the crowd and sold my position for now and will look for a near term bottom when it
develops for re-entry. CLSK is down and other crypto-related stocks may now down trend.
Looking at MSTR, RIOT and BTBT.
UVXY crosses over mean anchored VWAP LONGUVXY which leverages the VIX as a measure of volatility / greed/ fear has finally crossed
over the mean anchored VWAP. This is a sign of bullish momentum and perhaps a signal that
traders should hedge or consider their positions in terms of hard risk management. Those
who traded this move up today made 10% or better in the trade. Those who bought call options
expiring tomorrow made 10X and those with call options for next Friday made 5X overnight.
Tomorrow is another day. Likely the market will rise from the correction and UXVY will fade
a bit. No matter, its value for insurance and hedging is reinforced on days like the past day.
I am maintaining a full position aside the call options closed at the afternoon bell which
expire on Friday and had time decay to contend with. My first target is 7.75 then comes
8.05 and 8.45. I will take off 20% at each target and keep the others for insurance for
a true market crash or black swan event to buffer losses while stops get hit.
NQ Power Range Report with FIB Ext - 4/15/2024 SessionCME_MINI:NQM2024
- PR High: 18243.00
- PR Low: 18147.50
- NZ Spread: 213.25
Key economic calendar event
08:30 | Retail Sales (2x)
Maintaining prev week range
Evening Stats (As of 12:15 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 273.76
- Volume: 45K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -2.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Divergence into a Reversal?? - AUHere I have AUD/USD on the 1Hr Chart!
Our two current Lows @ ( .9498 ) on Wed. April 10th and ( .9456 ) on Fri. April 12th show an interesting underlying story when it comes to our indicators!
1) Looking to the RSI and comparing the Lows to Price on the chart, we can see that the RSI is showing a STRONG Divergence meaning Price could potentially be looking to move up now!
2) Our Momentum & Volatility indicators are showing Consolidation or Sideways movement meaning there is really no more trend left to be found.
Now this Divergence leads me to believe that if Price works back up to the CONFIRMATION of PATTERN @ .6545, we could see the VALIDATION of this PATTERN and look for trading opportunities!
CONFIRMATION of PATTERN @ .6545
INVALIDATION of PATTERN @ .6456
PG slow and steady long term winner with earnings coming LONGPG on the weekly chart gained 15% in a year and had a dip in the past two weeks with earnings
at the end of this week. PG persistently and consistently beats earnings estimates and pays a
dividend. Moreover, it consistently has a bit of a surge after earnings. I see this as an
opportunity to get a good stock on a 4% dip of a discount and hold it through earnings for
perhaps a 10% profit in two weeks while also picking up the quarterly dividend. Some traders
including those institutionally based believe that buying near to the middle line of the Bollinger
Bands is a good entry for getting fair value. I am one of them.
TQQQ - Cup awaiting Handle ?TQQQ on a weekly chart in 2021 ascended into a falling wedge. As part of the falling wedge,
it started the downside initial part of a cup and handle pattern. The reversal occurred 11
months ago with the upside completion of the cup back to 57.5 In the typical cup and handle,
the handle then forms in a 50% retracement of the height of the cup. the cup height measures
44.5 over a period of about 9 months. Notably relative volumes peaked at the bottom of the
pattern. Once the retracement is complete, bullish continuation should occur to the extent of
the height of the cup above the lip. That is to say an uptrend from 57.5 adding 44.5 to get to
102 more or less. But first the retracement and reversal must occur.
Accordingly, if this is an incomplete cup and handle, it forecasts a retracement of 44.5 divided
by 2 or to about 38 as shown by the Fib retracement tool. After that price must reverse
then overcome the resistance of the lip of the cup ( 57.5) and continue to 102.
Overall, this forecasts that a bearish crash is in store for TQQQ ( as well as QQQ from which
it is leveraged). Time will tell if this pattern has given an accurate forecast. In the meanwhile,
I will watch for signs of QQQ topping out on the weekly time frame after the same signs on
lower time frames. The alternative view is that TQQQ is building an even bigger cup
right now with the lip at about 88 when the price had a high pivot down on November 22, 2021.
So, do you see a bigger or smaller cup pattern or none at all?
LYFT rises on news of the MSP dispute potential resolution LONGLYFT was a recent idea upload. The news regarding MSP and the dispute resolution has helped
it rise off the ascending support trendline of the rising wedge pattern. The pattern may predict
decreasing volatility towards price consolidation and then a break out from the wedge.
In the meanwhile, I have added to my position since price is above the support trendline.
The PVT indicator shows a flip out on the pullback and I see this as a good add long entry. On a
low 1minute time frame. price gapped up with an engulfing candle with corresponding volume
at the opening bell today.
Importantly, a high volume spike also occurred in the after-market hours.
My recent previous idea long on LYFT is linked here.
The call option for $ 21.00 for April 19- 8DTE popped 140% today. I picked up a decent number of calls and will close them incrementally as they profit over the next week.
Waiting for the Bitcoin Bull Run: A Look at MDIAThe recent sideways movement in the Bitcoin market has many investors wondering when the next bull run will begin. Blockchain intelligence firm Santiment suggests a specific metric to watch: the Mean Dollar Invested Age (MDIA).
Understanding MDIA:
The MDIA tracks the average age of investments in Bitcoin held within the same wallet addresses. When the MDIA rises, it signifies that coins are being held for longer periods, with less movement or trading activity. This could indicate:
• Investor Stagnation: Existing holders are content with their positions and not actively buying or selling.
• Whales Holding: Large investors, often nicknamed "whales," might be accumulating or holding onto their Bitcoin, reducing overall market circulation.
MDIA and Bull Run Continuation:
According to Santiment, a falling MDIA suggests renewed movement from long-held coins. This could signal:
• Increased Investor Confidence: A drop in MDIA might indicate that major stakeholders (whales) are returning their Bitcoin to active circulation, potentially fueling a price increase.
• Fresh Investment: New investors entering the market with fresh capital could also contribute to a decline in MDIA.
Current Market Situation (as of April 13, 2024):
• Bitcoin is experiencing a price decline, potentially reflecting investor uncertainty.
• It's important to note that MDIA is just one indicator, and other factors can influence market movements.
Additional Considerations:
• Market Sentiment: Broader market sentiment and external factors can significantly impact Bitcoin's price. Analyzing news and economic data alongside MDIA can provide a more holistic view.
• Technical Analysis: Technical indicators like price charts and trading volume can offer further insights into potential price movements.
Beyond MDIA: Implied Volatility
The recent rise in implied volatility for Bitcoin options suggests increased market uncertainty. Implied volatility reflects the market's expectation of price fluctuations within a specific timeframe. A rise indicates:
• Investor Hesitation: Investors might be unsure about the future direction of Bitcoin's price.
• Increased Risk Premium: Option traders are demanding a higher premium to account for the perceived volatility.
Conclusion
The MDIA is a valuable tool for gauging investor behavior and potential shifts in the Bitcoin market. While a falling MDIA can be a bullish sign, it's crucial to consider other factors like implied volatility and broader market sentiment for a comprehensive understanding. By combining MDIA analysis with other technical and fundamental indicators, investors can make more informed decisions in the dynamic world of cryptocurrency.
Further Research:
• Santiment: santiment.net
• Implied Volatility: www.investopedia.com
NQ Power Range Report with FIB Ext - 4/12/2024 SessionCME_MINI:NQM2024
- PR High: 18501.75
- PR Low: 18477.00
- NZ Spread: 55.25
No significant calendar events
Value back inside of range above 18400
- Prev session closed as engulfing bar
- Weekly high lift following widest session range of the week
- Holding value near prev session close, below the high
Evening Stats (As of 1:05 AM)
- Weekend Gap: +0.27% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 260.80
- Volume: 16K
- Open Int: 261K
- Trend Grade: Bull
- From BA ATH: -1.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
SOUN a small cap AI stock ready for a VWAP reversal LONGSOUN 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 best entries where the trend is negative but the returns to the chop zone to climb
out of it and go positive. This indicator can function with alerts and notifications. SOUN
uses AI and voice control of it to make apps more user friendly and potent. A similiar stock
is DuoLingo ( DUOL) which also adds language translation into the functionality. Those on a
budget in their trading love the price. Those not on a budget make love the volatility and the
quick profits it can bring if traded properly.