Getting tight, price may want to take out the lows of the last few days as a quick shake out before breaking higher. A break of the high of the last few days would offer a decent R/R.
Getting tight. R/R looks decent here if we get a breakout. One thing I dont like is that big red bar a week or two ago. Usually these are cautionary.
I also have a position in this. The longer price stays above the breakout area, the better, IMO. My stop will be below last weeks red candle for now. There is no reason for price to head back down below there. I have no idea how high this can go, and have no prediction. I dont know much about crypto or alt coins, but their charts are very clean and easy for me to read.
Having a position, I am giving this plenty of room to run. It definitely was getting too tight and showing accumulation. Ill do my best not to choke off this trade.
Staying tight. Still a great R/R here if price breaks.
Price may want to back and fill this area pointed to by an arrow. Who knows, it could just take off.
Short term not liking this consolidation. Looks like it wants to head lower. But, I shouldn't try to make predictions. Just trade price. But I would feel a little uneasy if I were holding.
A few days ago I pointed out the bullish divergence in with relative strength and price in TLT. This time it is working out. No position for me, yet. But it is something I dont usually trade, but I do monitor.
May finally be time. I've been watching this one move higher without me. The R/R will be there if it breaks higher from here. Will be watching.
PFSI R/S has already broken higher. Will price follow? Fuckifiknow, but the R/R is there if it does.
How long will it go? Got me. It has a few obstacles to overcome. But RS seems to be confirming.
BREAKING $525 COULD OFFER A SOLID R/R. SET A STOP AND LET IT GO.
$YETI BROKE OUT OF RANGE I POINTED OUT. HOW FAR WILL IT GO? FUCK IF I KNOW. JUST SET A STOP AND LET IT RIDE.
ALL THE STOCKS COMBINED INTO ONE CHART. PRICE SEEMS TO BE GETTING SUPER TIGHT. SUPPORT IS OBVIOUS TO ME. THERE IS A LINE IN THE SAND. THESE RISING OR FALLING WILL DEFINITELY HELP OR HURT THE MARKET.
ETSY is getting super tight. Should get an answer on which way it wants to move. Doesnt matter to us traders. Ill take notice if it breaks higher, if not itll be off the list.
These levels look pretty clear to me. Being capped by clear overhead resistance, 50SMA and also looking for RS to confirm (or not). Time will tell.
YETI continues the sideways movement. Showing strength.
Showing relative strength. Will see how it continues to hold up if the market continues to pull back. Hopefully price continues to get tight.