Large ask near local highs. Could see a reversing of trend if there isn't large amounts of buying as well.
300 million share ask offloaded up here. Could see a pullback to MA based off of the selling. SL above recent high.
Massive Bid absorption this week could propel XBI to highs with the continued momentum. If buying continues in large quantities we could see a new high
There is over 22 million bids this week before earnings that shows a long biased for earnings. Looking to return to highs or until a big seller steps in.
A lot of buying pressure from limit orders down here. Looking to buy as well expecting the price to push up with the pressure. Any push lower could be trapping sellers.
There is a big seller for 6 months at the 357 area but, this time the buyers are being more aggressive. Earnings just happened that adds momentum to the stock. Looking for a break of this price with high buying volume with continuation.
Using Volume profile looking for a return to previous lower range in spite of earnings coming.
Based off of the total Delta traded while price moved in a holding pattern you can see that there is a lot of limit buyers. I wouldn't be surprised if the buying would prove too much for the sellers when the Real Estate sector cycles back into favor.
WFRD Divergence of the cumulative delta shows that there are big limit sell orders keeping the price down. Targeting the low of the volume shelf.
The last daily candle closed over the area with the most volume traded gives it a bullish leaning. It is also in a short term trend and if it breaks over local resistance there won't be much resistance.
Great R:R for return to volume nodes. Earnings coming in 3 weeks
Could see a small squeeze to $5 with an upwards break.
Outside bar going against larger trend with .886 Fib support for setup.
Double inside candle going with the trend. Looking to retest highs.
Bullish break of inside candle high to retest previous rejection.
Playing the short term bull trend with the break of an inside candle high.
Double inside short breakdown on DINO. Trend is bearish so that will be the bias for the trade.