Retail Trading Activity
Retail Trading Activity
👥 The Retail Trading Activity Tracker is a tool that monitors the daily buying and selling activity of retail investors for each stock, and they are rated based on the buying sentiment of each stock.
SYMBOL🟰%RETAIL ACTIVITY🟰SENTIMENT
NVDA 13.68% 3
TSLA 6.12% 2
AMD 2.27% 3
ESPIAR 1.97% 10
APL 1.94% 1
📊 Incredible things happened today on the Nasdaq from its opening and during the first 30 minutes of the session.
▪️ Yesterday, September 24, I drew a Fibonacci using the previous session's close as point A and the day's high, two hours before the market closed, as point B. The price fluctuated between the 78.6% and 61.8% levels, which are considered key support and resistance zones. It closed at a value of $485.
📈 Today, the market opened with an impressive bullish move of 1.6%, a significant increase of $7.7. However, upon reviewing the price behavior, we noticed it had been up for 5 consecutive days, which suggested the possibility of a healthy pullback.
📊 During the opening, the Fibonacci levels indicated our profit taking zones, but they were offset by a $7 price interruption between sessions.
▪️ This was a key point for taking a bearish stance for the day. On the
QQQ chart, it accurately respected the 61.8% levels, showing clear reactions at those zones on two occasions. This confirmed the importance of these levels for price action in the session; the levels were exactly $485.
👥 The Retail Trading Activity Tracker is a tool that monitors the daily buying and selling activity of retail investors for each stock, and they are rated based on the buying sentiment of each stock.
SYMBOL🟰%RETAIL ACTIVITY🟰SENTIMENT
NVDA 13.68% 3TSLA 6.12% 2AMD 2.27% 3ESPIAR 1.97% 10
APL 1.94% 1📊 Incredible things happened today on the Nasdaq from its opening and during the first 30 minutes of the session.
▪️ Yesterday, September 24, I drew a Fibonacci using the previous session's close as point A and the day's high, two hours before the market closed, as point B. The price fluctuated between the 78.6% and 61.8% levels, which are considered key support and resistance zones. It closed at a value of $485.
📈 Today, the market opened with an impressive bullish move of 1.6%, a significant increase of $7.7. However, upon reviewing the price behavior, we noticed it had been up for 5 consecutive days, which suggested the possibility of a healthy pullback.
📊 During the opening, the Fibonacci levels indicated our profit taking zones, but they were offset by a $7 price interruption between sessions.
▪️ This was a key point for taking a bearish stance for the day. On the
QQQ chart, it accurately respected the 61.8% levels, showing clear reactions at those zones on two occasions. This confirmed the importance of these levels for price action in the session; the levels were exactly $485.
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