Tkat is approaching a strong area of demand. These zones come from areas of balanced markets followed by large bullish or bearish moves. The theory is that there are a mass of unfilled buy orders sitting at that balanced range, who remain poised. These positions are usually taken by institutions, who created the initial unbalanced market in the first place.
Tkat...
I am considering current theme of oil tickers with industrial, multiple pipeline incidents in recent history including most recent ocean on fire incident. ENG looks good from a technical perspective getting a falling wedge breakout on the 1 year 1 day with volume! check out the support and resistance levels and ask if risk reward is good for you. Do not trade...
OLB has been forming a massive wedge on the daily around strong support. Current break of the wedge occured on volume and moved above the volume point of control, which is a massive support once passed. $5.70 would be risk if using POC. Below that if this is a false breakout without confirmation, risk is down to $5, due to the volume desert above the POC, its...
Blin creating a textbook cup and handle U shape with flag and beginning to breakout more on volume. This play has more room to go will swing as tech sector continues to be on fire