Non stop accumulation, it retraced to the value zone, today's engulfing raising the odds of setting an inverse head and shoulders. The pink line is an anchored VWAP from the March 2020 low. Huge dividends. Aggregate Volume Drift: Pro using 3-minute accumulation data.
Have a look at the longer term BZUN chart - it's getting close to the IPO range. This wedge is still very close to the bottom. Expect this to behave much like other China names but with a value style factor. The media will determine the momentum. I expect Chinese names to chop violently indefinitely which justifies slowly buying into weakness. Notice the timing...
emerging market (china), value, growth, and heavy accumulation... This channel looks like the start of a longer term bottom, but this could take many months to play out and until these lower lows stop, it's a falling knife. Expect value investors to start getting very interested in this as it falls. 1 minute AVG accumulation data..!
I've been wrong before and I'll be wrong again, but not this time! This channel (teal) has finally broken out with volume. Lots up gaps going up to $195 for targets.
Government contracts, private air travel, military involvement, just purchased some 747s, trading below half the Graham's number, PE at 5 even at all time highs... Look out above!
AVD in white Crude oil CL1! futures in pink Notice the accumulation since the July low. The range between 51 and 47, shown as a darvas box, is now very clear. Darvas would play these as breakouts with stops below the low of the box, but I prefer to bottom fish the low end of the range.
The market appears to be accumulating weapons manufacturers. What... you are going to bet against the American military? Wait for the accumulation or daily/weekly trend to change. It's a monthly equilibrium.
Consider spreads or short option structures targeting sub 140, currently looking like distribution at the previous high. You could also consider going long/short with something in a better position in the same sector.
This chart is starting to look very constructive! The accumulation has started to take off, using AVD with one minute accumulation data.
This a bet that the UK opens up and cinemas aren't completely eaten by Netflix. Volume profile + accumulation says a lot!
This is a slow accumulator for me. Interested < 680 if/when AVD gives positive divergence and a bullish pattern develops.
My bias is that this is a wonderful overvalued company in a clear short term downtrend. But then, this is the first obvious higher low on an intermediate term trend. $606-607 is -10% from the all time high and is a value area.
If you're into fundamentals, have a look into ATER. At 0.5b market cap the risk/reward long term at these prices is good. I would LOVE it if this came back below 8. Below 5 and I'd strongly consider going all in. Unfortunately, I don't think it's likely to get there. Would definitely scale in below $10 if the chart remains constructive. Using 1m AVD data. Is...
A lot of confluence around the 5.6 zone. This whole move since the August earnings gap looks like accumulation to me! using 1m ADV data.
Accumulation and wedge breakouts: Solid value zone around $40 but be sure to take profits into the VPOC. This could become a monthly bull flag, no harm in holding some for the longer term oriented. Follow for AVD intraday analysis!
Using two minute AVD data, the accumulation slowed down about a year ago but has never really stopped. Dips below 68 would be very welcomed, broader market allowing!
Non stop accumulation, this is a train with no brakes and no signs it will stop any time soon. AVD using two minute data and a 260 period EMA showing that every dip is a buy. What are gap downs for, again?
Monthly higher lows. "Traders do what works until it doesn't."