Chipotle Mexican Grill, Inc recently announced that his CEO will join Starbucks, is this shift concerns investors? We can analyze what happened with the stock by looking at the price/volume. What we see is a clear markdown, followed by PS (Preliminary Support), SC (Selling Climax), AR (Automatic Rally) and finally the ST (Secondary Test), it's interesting that...
After a downtrend that generated the PS (Preliminary Support) and the SC (Selling Climax), META could be in an accumulation phase with positive slope. This phase clearly defined the AR (Automatic Rally) rejecting the 527$ level following the positive earnings results. Recently, we saw a secondary test, probably originated as early effects of the Japan's yen carry...
We could say that NVDA is currently in a descending channel with resistance/support levels determined by volume peaks (seen in 1 day, 1 hour and 15 minutes timeframes) + order book data, this "downtrend" or "correction" can be a distribution phase. In addition to that, we could find a minor creek that was tested, then punctured and finally perforated. With all...