PLUG on the daily chart demonstrates a VWAP breakout having first trended down into the lowermost VWAP bands from anchored VWAPs originating in November 2022 and January 2023. Fundamentally, PLUG is burning cash but less of it with each succeeding earnings report. In the past two months price has ascended through a couple of VWAP lines and has now crossed...
We may see a pullback move on this pair. Price will consolidates at the former resistance zone to grab liquidity to the down side before a bull momentum. That is one theory. Another theory is that its likely for price to go back to the ST-zone to test if there are still bears in the market. What do i think? let price pull back into the former zone of...
JD on the long term weekly chart appears to be in a descending wedge pattern which would generate a bias for a breakout upside. Price is now supported by the one standard deviation line below the VWAP bands anchored to 2019. The analysis of the ultralong term volume profile is that the Point of Control is just below price and that the vast majority of...
VZ on the 2H chart has been in a trend down since July 5 and the fall is accelerating in the past three trading days. Earnings are a week away. The dual time frame RSI indicator shows the weakness with RS in the oversold and undervalued zone while the zero-lag MACD shows hard bearish momentum. Relative selling volumes are about 3X the mean. Overall...
NFLX has been trending up for three weeks. If the trend is getting old it is now showing. Based on a set of two anchored VWAP bands originating June 1 and June 15, Netflix is breaking through VWAP bands from the lower -2 standard deviation lines to the +2 standard deviation lines and nearly the third upper deviation lines. This is a clear and convincing VWAP...
Market Structure Bullish on Higher Time Frames AOI Daily and Weekly in the same Area Around Psychological Level 38.2% Fib Retrace on the Daily H4 and Daily Previous Rejection REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Live to die another day : Stay Hydrated
Strength Gaining Stock! TV18 Broadcast Ltd. #TV18BRDCST 1- Inverted Head & Shoulders 2- Highest Weekly Volume in 2023 3- Rising from Volume Profile Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
that is tracking the gold bullrun which started two weeks ago on July 3rd after a downtrend for two months starting on May 2nd. This is not a leveraged ETF as so a bit less volatile than JNUG or GDXU. On the 2H chart, I have added a VWAP band line setup anchored into the pivot high. On my analysis: 1. GLD is ascending through VWAP band lines in a VWAP...
AGQ a leveraged ETF of silver and its futures, spent mid-March to mid-April on a great uptrend from which it pivoted down in a 50% Fib. retracement which took two months to complete. After a bit of consolidation and sideways channeling, it has finally launched into bullish continuation as shown on the daily chart. The Lorentzian AI machine learning indicator...
Good afternoon fellow traders, as a trader that likes to profit from reversals, my biggest fear is trend days. How can that be? Trend days are supposed to be straight forward and easy to trade, right? Just buy or sell and watch the price go in your desired direction! It's not always that easy for someone with little to no experience trading trend days. As a...
RIVN on the 2H chart rose 67% to begin July as part of the larger EV sector rally which included several other tickers including those from UK and China. It has pulled back significantly since completing a double top on July 13th. Price is now hovering over and supported by the mean VWAP line anchored to July 1st. The two time frame RSI indicator shows both...
JPM is in an uptrend since earnings the morning of July 14th at the end of the trading week. On the 1H chart with VWAP band lines anchored to a week before earnings as a dynamic support and resistance reference shows a rise from below the first standard deviation above the mean VWAP to above it with a pullback after the earnings and then a continuation at...
Gold futures have fallen nearly 9% since the May high, but there are signs that it is trying to form a base around $1900.Whilst the psychological round number has helped to play a part, it also coincides with a volume cluster in the rally at the beginning of March. We therefore see the potential for a minor bounce at a minimum from current levels whilst prices...
FSR on the one hour chart completed a trend down from Wed June 23 to Tues June 27 and appears to have reversed. FSR has gained about 12% in 3 days on the bounce. The following are signs of bullish momentum: 1. Price is supported by an ascending linear regression line with a period of 50 2. The MACD lines crossed over the horizontal zero line on...
On the 30- minute chart, SPY is in an uptrend continuing from the end of the last trading week. I see this as continuing for the following reasons on analysis: 1. The Lorentzian AI machine learning indicator's last signal was a buy signal. Given its specific accuracy of 73% as the table reports, I suspect the uptrend will continue until a sell signal...
Ashok Leyland NSE:ASHOKLEY secured an order worth 8 billion Indian rupees from the Indian Army, according to a Monday release. Recently, NSE:ASHOKLEY traded close to a recent supply zone, and today's last candle had a significant amount of volume. It is anticipated that NSE:ASHOKLEY will start the day with a gap up zone and touch the levels of 175.60 as...
Breakout Possible Stock! Rites Ltd. #RITES 1- Cup and Handle 2- High Weekly Volumes 3- Rising from Volume Profile Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
Strength Picking Stock! Sterling and Wilson Renewable Energy Ltd. #SWSOLAR 1- Highest Weekly Volume 2- Year long Darvas Box breakout possible 3- Rising from Volume Profile Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.