I can see apple staying in these two zones for a bit and squeezing. We have a supplly and demand zone that have not been violated yet the BB band is getting skinner telling us there is a squeeze. Point and figure Atr length 1-3 has been confirming both zones with a sell singal and a buy signal. When it hits supply I get a sell signal according to my rules and when...
Currently apple is in a supply zone due to the big law suit with epic games. My guess is sellers are going to come back and start selling in this zone. I did my own study on the vix and about 60 percent of the time with the lower BB band gets penetrated that is signifying a peak incoming. Take a look at NQ1 also it is also sitting in a supply zone. SPX hit its...
So currently Amd is sitting in a demand zone and the fib retracements are telling us to buy.
-Now as of today market ended in a nice red day telling us that pre market is going to be red. But most of long candles going downward indicate a valley coming the next day.
-We also see price sitting on the bottom of the bollinger band. Price will usually stay in...
I think we should be seeing AMD restest breakout point for 3v.
3v was confirmed when there was a breakout at the highest peak also it reached the target price exceed it by a little bit then dropped. Price will most likely return to 95 2 out of three times when a throwback happens price returns to the breakout point. We can also see that the breakout price on the...
We may see Microsoft bounce up and hit around 247 and then dip again but we can also see with a closer look at the five minute marks that it could be forming a double zig zag (Bearish). Either way I still see it hitting 240 before a start seeing a bullish trend.
May not be seeing Microsoft break out of the down trend. Microsoft just formed a deseeding triangle(bearish) waiting to see how this plays out at the end of the day but so far I'm calling it short
NASDAQ just formed a hanging man indicating a downtrend waiting to see what Microsoft does before placing a swing trade. I'm new to this so any thoughts on my idea would be great :)
