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Wyckoffmethod

Wyckoff method for GoldAs you can see we are on phase B and C in the Wyckoff method on Gold right now, i think it will take a bit time to complete. ————————— The Wyckoff Method involves a five-step approach to stock selection and trade entry, which can be summarized as follows: 1. Determine the present position and probable future trend of the market. Is the market consolidating or trending? Does your analysis of market structure, supply, and demand indicate the direction that is likely in the near future? This assessment should help you decide whether to be in the market at all and, if so, whether to take long or short positions. Use bar charts and Point and Figure charts of the major market indices for Step 1. 2. Select stocks in harmony with the trend. In an uptrend, select stocks that are stronger than the market. For instance, look for stocks demonstrating greater percentage increases than the market during rallies and smaller decreases during reactions. In a downtrend, do the reverse—choose stocks weaker than the market. If you aren't sure about a specific issue, drop it and move on to the next one. Use bar charts of individual stocks to compare with those of the most relevant market index for Step 2. 3. Select stocks with a “cause” that equals or exceeds your minimum objective. A critical component of Wyckoff's trade selection and management was his unique method of identifying price targets using Point and Figure (P&F) projections for long and short trades. In Wyckoff's fundamental law of “Cause and Effect,” the horizontal P&F count within a trading range represents the cause, while the subsequent price movement represents the effect. So, if you're planning to take long positions, choose stocks that are under accumulation or re-accumulation and have built a sufficient cause to satisfy your objective. Step 3 relies on the use of Point and Figure charts of individual stocks. 4. Determine the stocks' readiness to move. Apply the nine tests for buying or selling (described below). For instance, in a trading range after a prolonged rally, does the evidence from the nine selling tests suggest that significant supply is entering the market and that a short position may be warranted? Or in an apparent accumulation trading range, do the nine buying tests indicate that supply has been successfully absorbed, as evidenced further by a low-volume spring and an even lower-volume test of that spring? Use bar charts and Point and Figure charts of individual stocks for Step 4. 5. Time your commitment with a turn in the stock market index. Three-quarters or more of individual issues move in sync with the overall market. So, you improve the odds of a successful trade by having the power of the overall market behind it. Specific Wyckoff principles help anticipate potential market turns, including a change of character of price action (such as the largest down-bar on the highest volume after a long uptrend), and manifestations of Wyckoff's three laws (see below). Put your stop-loss in place and trail it, as appropriate, until you close out the position. Use bar and Point and Figure charts for Step 5
TVC:GOLDLong
by RezaNWZ
BILI right here.... this will be my 5th trade in this series.If you don't know I love BILI both as an anime company and because of its lovely predictable stock price movements.... I am not saying this can't revisit $8 like it did when I got in at $15 however, it glimpsed $8 and came back to profitable in about a week.... and I don't really do option calls for less time than that unless its a short. Bili had decent earnings which I believe they used to stop the bleeding.... Magically right in my target zone. If you haven't been following go look at my previous calls and puts on Bili. I am like a Bili whisperer... lol I put the 20 min chart on here so you can see a fair good amount of price action... The long term is doo doo on this because its been bleeding for over 5 months. This would be catching a falling blade. I have a 7 day right now for teasers to see if it will move or not. if it does start to move I will wait for a pull back and jump in again. Price Target Upper $28-29 range. Might take profits 20s and 25 range and leave runners. p.s. I am not saying just jump in blindly... I am saying this is where It peaks my interest. Trade at your own risk. Don't use money you can't afford to lose. I will leave you with a quote from Cable Guy, " OH! Bili........." by iCantw84it 06.02.2023
NASDAQ:BILILong
by iCantw84it
1
C3.AI: AI = SHORT - wyckoff distribution & bearish divergence1st - Bearish Divergence: RSI & MFI on 1D & 1W chart 2nd - Wyckoff Method: Distribution TR phase C (UTAD TEST) more pronounced in the 4&1H charts. Analysis: There seems to be weakness in the stock, and despite the recent highs and uptick in volume the exhaustion can be seen per the TA presented. BUT REMEMBER, the AI craze is still on going and this could be invalidated in minutes if the whales choose to push the price higher. Targets if you trust the analysis: Its pretty simple, I use fib retracement levels 21% and 38.2% as targets. remember to use risk management and positioning! *THIS IS NOT AN INVESTMENT ADVICE, JUST SHARING MY ANALYSIS AND INTERNAL THOUGHTS TO MYSELF*
NYSE:AIShort
by Isranuell
3
ABBV more probable to go down first before reaching ATHThis idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of distribution ranges. We can a distribution ranges following schematic 2 for Wyckoff's distribution. If we take count the ranges separately, this yields a potential reversal zone between 118.50 and 94.50 dollar per share. Personally I am intend to buy if price reached 106.50 (mid point) All other information is on the chart. Good luck, NQDecipher
NYSE:ABBVShort
by NQunlocked
Dollar General has more downside and reversal zone identifiedThis idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of the distribution ranges. We can see a complex distribution range existing of 2 different types of distribution patterns at the top. The yellow range is based on Wyckoff's distribution schematic 1 and the white range is showing a type 2 distribution schematic. If we take count the ranges separately, this yields a potential reversal zone between 108.50 and 89.50 dollar per share. All other information is on the chart. Good luck, NQDecipher
NYSE:DGShort
by NQunlocked
GNRC a Wyckoff Reset in the making Accumulation PhaseGNRC Stock Price:102.78 Difference: $6.50 (undervalued) Over all Avg Price: $109 My Enterprise Value Price(enterprise value/outstanding shares): HKEX:122 True Price Value (market cap/outstanding): HKEX:104 Float Price (market cap/float): FWB:108 Market Capitalization: HKEX:6 ,470,000,000 outstanding shares: 62,030,000 float : 59,730,000 ev value: 7,550,000,000 p/e :18.98 eps : 5.41 PE ratio: 18.99815157 Weighted P/e: 2.5219906 Basically all this is saying is no matter how you look at the avg price of this stock, the current price is undervalued by min $2.00. The Big Picture Past The last time GNRC moved off its low right after the same Monthly Push down to start the process. Watch the lines see them converge. You don't understand these lines because you haven't been listening to me rant. These lines are every time frames Marriage of price and vol in one line. Along with the skinnier line with no kinks as the vol avg for that time frame.... When all these lines converge into one area along with price, accompany that with a larger time frame and you have something like what a rail gun is compared to a sling shot. the first move reaches then comes back down reloads and is launched double or more. and then its off and running. Present at double the price look at the lines... price is just under it and the lines are in a $15 range....what's needed to get them together? another push down? Time? a pop in price? Lets look at the supply vs the demand A closer look I marked the areas of the candles that had the highest percentage of buying and selling since it hit this zone. There are two bounces once it gets pushed down. I am not saying this won't go down. I am saying that at this price its a good deal. Depending on if they use the earnings on May 05 as a catalyst to run this up and back down then launch or this takes off before hand and the earnings is used to drop it to regain the final part of the float and make all of these lines converge.....one way or the other it starts at this price point. Look at the institutional ownership and where they bought? The top 17 Institutions that bought into this stock all bought on Dec 31, 2022. Every single one of them increased their position by more than 500%. I will do you one better, the top position holders of this stock, institutional, all bought or increased their shares on Dec 31, 2022. All 83 institutionals that own the most shares bought or adjusted thier shares on that date and the price range for that date was. $95.50- HKEX:103
NYSE:GNRCLong
by iCantw84it
2
ONON Setting up for a profit run Post I made on 5.13.23 "4 hour i think you have plenty of absorption on the larger time frames too — 05/13/2023 5:55 PM most likely willl stall this at or around 32-34 for earnings or pre launch it which i dont like..." The end result was better it didnt launch and they pushed it down now its prime for a launch as you are force feeding the absorption and priming the launch. Should have $3-6 dollars in leg...I have it set to hit $42 which might be reaching, but do able. My indicators, ESVO is all the lines from different timeframes where price and volume meet in the middle....cradling price is where you want this to be and all together. which creates a synergy between buyers and sellers and the volume between the two is also cohesive at this area. might see some resistance at 28.24 but nothing serious.... $31 as well. NPVR : Square box at price action is a Hi lo channel when the price is inside the box and hugging the top or bottom its basically going in the opposite direction. HILO support line right under @27.27 and bullish candles on the last 4 candles since the spike up with the wick. @ 06/02/23 9:30am Volume profile sellectable session anchor: Whats really nice about this is that no matter what anchor you use... HI / low volume, highest volume, week, session, day, earnings, etc..... every single one is either right under the current price or as low as $27 so a significant amount of support under it.
NYSE:ONONLong
by iCantw84it
BTC Short Wyckoff Accumulation EventIf I am correct which I believe I am then we will see the rapid sell off and drop to around 14800-14900 then spring at end or march or early may. I am short till then from anywhere near this level. Don't be fooled by this fake pump. Sorry for the bad news but in my opinion this is the only possible scenario. My SL is higher then the one I set just in case they play games with it but it shouldn't exceed the one I have on the chart. Good luck and be careful this will get volatile. I opened my short at 25000 and 25200 and will add to it if it goes higher.
Short
by Z3R0-G3N3S1S
4
Trade #2 of 5 BILI Puts and CallsObviously if the market goes against my bias this trading plan is no longer viable....at that point I will just make a new one to support what I see. However with the recent decline in its financials and on going poor performance, this cash cow is getting kicked to the curb by all institutional and or being slammed into the earth like a seed in hopes that it will someday blossom into some man eating plant. Its an anime company so, totally do able. I've made a 5 trade plan to support what I saw when I first started trading BILI last week. If you like what you see or are intriqued pls like / follow / and Boost so others can see it. Thanks. by iCantw84it 04.10.23
NASDAQ:BILIShort
by iCantw84it
1