NASDAQ:AMD This poor company has been caught in a Daily downtrend for months now! Currently we are approaching some areas I believe may be key. The 125.00 round number acted as a key area of resistance on multiple occasions. Using Fibs from the most recent leg down I was able to project a 2 deviation projection from the balance point at 0.50. This balance area...
TVC:VIX Can Volatility cycles be estimated using the VIX chart? I tend to look for information that shows time based confluence. How do you use the VIX for your trading style? Comment down below!
NYSE:VST Late night charting session doing what I do best. 2:55am
In a trending market breakouts and pullbacks occur. Using Gann Boxs and Fib levels with volume and moving averages seem to be very accurate. Time to make a plan to execute on this idea consistently.
I have found that Fibb Numbers can be highly effective and does not lag like an indicator. These numbers can be used to visually validate pullback and bounce zones, predict the closing price, validate a healthy trend, and show areas to take profit. using these numbers will allow the trader to visually understand how price may move. It is key to wait to validation...