Watching both sides on AMC at this point, from the levels it is at now the odds are looking like a move up could either be a pull back or a continuation move up to squeeze shorts.
My Chart markup says it all. Hope you guys catch this move!
I hope this gives some clarity to any confusion out there about the current state of the markets. Expecting price to slow down momentum here when it goes into the supply zone (Highlighted in purple). As the arrows indicate I'm expecting S&P could drop.
Given the overall market context specially with the Nasdaq looking bearish as well, AAPL looks bearish. Expecting a pull back to the supply zone highlighted in purple and a drop from there shown by the arrows. Always do your own due diligence. Not Financial Advice.
Looks like price action is looking at running into the supply zone(purple shaded area) and going for the lows to the demand zones (green shaded area)
Its looking Bullish AF lol, loaded buys on that demand zone
Chewy has a confirmed uptrend on the daily timeframe. I will be looking for a break and retest of $75.25 to enter my position. Potential Targets shown. My stop would be at $73.80
Looks like shorts are gonna get squeezed based on the flag/triangle pattern forming
Noticing price slowing down at that key level I marked indicates a bullish pullback here before turning bearish. If price breaks above the higher zone I'd be looking at longs, until then I'm bearish on BTC. To be clear from what I'm seeing now I'm bearish on BTC.
Looking for this pullback scenario for a bullish continuation up towards the 73k area
With that latest impulsive move up it is very likely a plausible scenario for this bullish continuation after a pullback