Distribution phase C complete this week.
Clear distribution on daily, weekly, and monthly chart.. Only a matter of time.
Looks like spring test underway and soon markup!
Distribution pattern completed on all TF's. Volatility sell signal on weekly means hold short and or short any bounces
Oversold on daily and price sitting at weekly pivot.. Giant CnH.. Will be trouble for stocks
Deep 78.6 retracement. Accumulation pattern complete on daily, weekly, and lower tf's building. Bull flag..
Clear retest of the breakout and RSI reaching oversold. Next level would be the .786 of the primary trend. Great risk reward to buy here. I added at .338183
Clear distribution here. We're topping, so reduce risk
Falling Wedge (Bullish) Daily pivot with major and intermediate trend fib confluence. (Major support) Volatility Buy Signal still intact Long lower shadows on candle are bullish Declining sell volume indicates reduced selling pressure
Break up out of the triangle as expected then a perfect 61.8 fib retracement. We also completed BUEC on the lower TF's. Now looking for JAC. Very bullish.
Vol switch buy signal triggered on above average volume. Pivot held as R. Looking for follow through.
Giant bull flag with a .786 fib retracement and accumulation pattern completed. If it can clear this down trend line and resistance, it will run hard..
VOLA sell signal triggered and FT bearish cross. As I mentioned in a previous chart, it was rejected at weekly pivot and FT was overbought.
Let's zoom in from my previous chart to this 15min. Now a POTENTIAL bull momo divergence at a major fib level. Good long Risk / Reward.. Next level is the .786 fib and I wouldn't hesitate to go big there, but I'm already in at the lows.
This retracement was expected. Oscillators were flashing overbought. Here's your levels to watch. FT is now starting to bottom on the 4hr,, I would expect the .36 area to hold and set up for a massive new run. I would not be shocked to see a .33 back test to that .786 fib to shake out last of weak hands.
Could not ask for a better risk / reward here. Wave 5 correction and accumulation pattern complete. .786 fib retracement into weekly pivot with Macd rounding bottom.. Go long and BIG!
FT bull cross on big volume and Vol switch buy triggered on daily and weekly. Go time!