ReigningTrades

02:08

ReigningTrades Updated 

We need to see yellow strong buying hold us to attempt another breakout of tapering up top. If we fail yellow, our next stop is magenta support which will be important for bullish price action to continue. We will likely see this happen today - and if we do hold yellow and reject at tapered blue above, I will be taking shorts and expecting a gap down below yellow...

02:00

ReigningTrades

Tapering is everything to prove that sellers are weakening and lacking further intention to drop. However, we do have room to the downside to find our green and orange buying continuation/support algorithms. I will not be going long here until I see signs of magenta and teal controlled price and building further liquidity for a sustained move upward. Happy Trading :)

01:57

ReigningTrades

We are looking for a confirmed activation of our buying continuation - that could be yellow HTF acting as support but ideally we will need to activate something stronger like purple or on the LTF green/blue. Happy Trading :)

96:49

ReigningTrades

I will be live trading and analyzing charts and future trade opportunities based on my TA and market knowledge. Come join the party and say Hi!

03:58

ReigningTrades

Video says it all. Another PDD special for my special viewers. Take care, trade cautiously, and Happy Trading :)

02:37

ReigningTrades

We are at a potential great buying area and as you see there is a lot of room to the upside. I will be looking for us to prove and activate one of our stronger buying continuation algorithms (stronger than orange) to then try and break out of our magenta and white controlled selling algos. But forsure the retest and support of green which had initiated our ascent...

01:53

ReigningTrades

We found strong support on our yellow buying continuation and we are now looking to activate a stronger buying continuation such as teal or purple to continue this move upward. We broke out of our stronger controlled selling algorithms (blue and orange) and are now finding resistance at tapered white controlled selling. Once we build a little more liquidity I...

02:58

ReigningTrades

We may be transferring control from our strong buying magenta to our tapered green continuation - and that means one thing - More liquidity needs to be built. If we do see this rejection off green (proving it's in control) we will look for a controlled selling back to try and get picked up by our magenta stronger buying. See you all live at 9:30 AM! Happy Trading :)

01:08

ReigningTrades

Still very much like this longterm. I'm not a fundamental trader but it seems as though all the fundamentals line up - so will be looking for us to get picked up by a stronger buying continuation algorithm. Ideally magenta. Happy Trading :)

01:59

ReigningTrades

Haven't updated this in a while - i've been holding long calls throughout this strong movement. Will look for the next breakout of orange tapered but expecting some resistance there ($51 level) where we can see price falling out of purple and finding blue continuation support. Will update as we get there Happy Trading :)

99:28

ReigningTrades

I will be live trading and analyzing charts and future trade opportunities based on my TA and market knowledge. Come join the party and say Hi!

04:32

ReigningTrades

I will be live trading and analyzing charts and future trade opportunities based on my TA and market knowledge. Come join the party and say Hi!

02:12

ReigningTrades

See why here! Market is about to open so rushing through this one but hope this was helpful to keep an eye out for Happy Trading :)

03:52

ReigningTrades

An activation of white as our support would be amazing news for the bulls - if it can utilize the strength here to break out of our controlled (but strong) selling channels. If we fail white and get pushed down further (early indication of this will be a failure to hold Teal as support), orange is our next step and is not the most bullish signal for us in the...

400:41

ReigningTrades

PDD Special!! I will be live trading and analyzing charts and future trade opportunities based on my TA and market knowledge. Come join the party and say Hi!

03:37

ReigningTrades

There is clearly (proven) plenty of room for this to go up. Question is, what was today all about? To be honest, I'm just as confused as you may be especially with the very solid earnings that were reported and future growth outlook. So I'm going to continue to stay away from the fundamentals and leave that to Sir Powell (purple tie, what'd I say about purple...

03:33

ReigningTrades

Watch for our strong selling purple to continue to push us down to support at orange. If however yesterday's push down was to prove tapering on orange, we could see a breakout of purple and be back within our magenta tapered controlled selling to continue to move up. Keep an eye out and I will update you as price develops! Happy Trading :)

03:25

ReigningTrades

We finally got the breakout we were waiting for on PDD and the makers set us up perfectly for a post-earnings gap up. Happy for everyone who followed along our analysis and held strong on this one. Or maybe even added on the dip like I did. We can expect some resistance at top of yellow here before a retest of white tapered selling and then an attempt to...