Thanks to a lower than expected CPI print (though just one data set for now) markets have attempted to breakout of a daily high set just two days ago. QQQ/TQQQ have also left a substantial gap in the process, no gaps do not have to fill immediately and sometimes will not for a varying length of time however the point still stands. Futures have now met Yearly...
Holding monthly VWAP's lower standard deviation band...monthly VWAP sitting at $11.71 currently. Big earnings tonight from %AAPL and $AMZN which could definitely change this in a hurry but for now, as long as we see the lower band hold at $9.48+ then over the next week or two could see a squeeze up to mid $11s before retracing lower trying to find more support....
In a normal less volatile market (ie; a full on bull market) double bottoms are a nice spot to re enter or scale bigger long. In this market after yesterday's big down day (flag pole) and today's sideways chop with real indecision you lean into the larger pattern on cash only session charts (bear flag). Fully expecting SQQQ to attempt to hit the last remaining...
Per vwaps...no oscillators, no RSI garbage, no trendlines. Volume weighted average price over "X" time. Is it not obvious enough? $82 is the only VWAP left. Bad news for tech bulls still to come.
Obvious buyers stepping in below old lows (march 14th) Obvious short covering area. The extra bounce and volatility this past week has been solely due to earnings beats IMO. Or else the flag would look a bit cleaner and more defined. I think Q's can muster the follow through breakdown over the short term. Good luck and be careful around the fed decision tomorrow.
Daily/weekly bear flag intact. Maybe watch for the local highs to be probed then reject. Per vwaps I expect this to hit $255 sooner than later. Large volume profile nodes around $300 so quite a range here. Good luck, alerts are you're friend use them!
Still showing incredible resilience in a bear market. Daily/weekly flag remains intact at the time of writing. Watching for a 52wk high breakout and rejection shortly after be nimble on the breakout if you wish to play it. Holding above many many vwaps of all lengths of time/volume. Serious amount of liquidity above $265s OBV still moving up and institutional...
Natural covering/buyers here. Could see the lows get taken out and get shorts really worked up and emotional only to squeeze them out back to low $400s where quarterly vwap sits and is curling down. Would be a perfect way to trap new longs and also shake out the shorts looking to freeload and ride the momentum downwards. Some of this depends on BTC spot, some...
$SHOP $537 level to watch to get shorts out of their positions and puke it up. Monthly VWAP has been acting as real resistance with some flattening occuring signaling some strong buying/covering here as volume and OBV also checks out here. Still a daily bear flag, but this is a similar fractal pattern as you will see on all timeframes from 1 minute up to...
Barring a tech fueled melt up and covering tomorrow after FOMC decision (14:00) I spy a daily bear flag on an incredibly resilient symbol and everyone's favorite Billionaire. Q's showing some weakness overnight session, if lower in the morning expect a short squeeze at open to get shorts off sides again and then a tank shortly after the cash open. There is...
A lot of blank space below intraday...mean reversion type of setup forming. Weekly VWAP resting far below and got left behind after some strong tech earning beats. Expecting a retest of 12900s. Goodluck.
Filled downside gap in a hurry, another gap up held for 2 days. Some brewing rumors hitting wires "China to impose compulsory measures on a person with surname of Ma" per Chinese media. I think this retests a vwap ($108.41 to be exact) and an obvious place of resistance and sellers. Depending on global macros this could change quickly obviously. Looking for...
Per volume profile fairly large amount of what I'll call "blank space" on the larger timeframes, moving with more correlation again to QQQ as risk appetite continues to fall out in the short term. There are some interesting pockets of price identified to the right that have yet to perform justifed price discovery in my opinion. A large daily/weekly head and...
19M float looks to be accumulated by large players, I'm long here. Target #1 Pivot to 4.50 Target #2 pivot to 5 Good luck and size appropriately as always.
Low float. Sympathy off Vino, Cuen, Osat, etc. Closing Print before uplist is $9+ Good luck size appropriately! I am long as of today. Accumulating.
So...19.11M o/s Reported 0.2M float? Actually pretty attractive from a fundamental balance sheet gloss.. Lowest of low floats. I am long.
Some big prints coming in lately...long here. Closing print before uplist is $15.90 off $CUEN here as a sympathy. 900,000 float. Good luck.
19M float 21M o/s Extremely healthy balance sheet. Formerly dilutive. Institutional ownership 87%