3 highs, 2 lows - Next up, upper range of the “megaphone.” Good risk:reward here at current price.
Market has been pushing ATH for the last two weeks with constant up and up and up. When it finally consolidates BAC will give some back with it. Stock is extended on all timeframes and today breaking that trend line setting up for a move down. Levels below for me - first 45 then 43. Make sure you take profit given the chance. Above 48.5 this is invalid. Playing...
Volume accumulation over time (green arrow was mostly today at 60 mil), mixed with breaking through the 14/30 MA’s reducing resistance above, this thing could get springy. If you zoom in to weekly and daily timeframes you can see the effect of the volume on the candles versus the last 6 months. This is likely to blow soon if an offering isn’t made that corks it....
Simple chart - Volume from this month was all on Friday… ready to blow if we break the resistance around 3. Trend line above has been created from previous higher highs. I expect this line to be broken and corral back under by the time the fun is over. Be careful, this can be quick!!! IWM is about to break its box as well and can catalyze this too
Bull flag breakout beginning with ATH to test shortly above and then sky’s the limit while we ride the BTC/ETH next wave. Good luck if you play!!! I will be riding. May get a slight pullback at ATH but momentum will carry price through. Just have to be patient.
Alzheimer’s stock… Been taking a beating. Good point to enter with a quick stop and potential wedge breakout in the next week. Above the red resistance trend line and you’ll see one or more of the white targets above. Good luck if you play. In the cloud is chop but if it gets above those red clouds see ya
Oooooh yes we back in this one!! Similar fundamentals to my last post with the idea behind the trade. Timeline for me is end of next week for the quick scalp. Good luck if you play this one as well!! Would love the feedback if you do ❤️
Not as easy to see this one - But a common scenario when a stock has just gone down through the green cloud and found support at a previous high, is to bounce to one of the MA’s or cloud average indicators (red or blue - forgive me for my lack of terminology). Good recent volume accumulation is showing a gap up day coming with momentum, that maybe they fade. Look...
Triple digits incoming imo!! Since ipo’ing the stock has consolidated into the range you see here marked between the purple support lines and white resistance lines. With a breakout of 78 we will test ATH and with volume accumulation behind it should push to at least 100. Candles are above the MA’s holding steady and should start to pull up with market...
Below .29 we’ll see .21 potentially (hopefully no lower). Above .39 is our next breakout level. Red zones are previous consolidation areas with purple lines as support bounce potentials and white lines as resistance above. Good luck if you’re still playing! I’m much smaller now but my bank is happy 😊
Beautiful technicals on this one as price continues to hold the 14/30ma’s - Volume accumulation, decreasing over time with very little selling - Setting up for a move to .13 - .15!! See you there!! Good luck if you play.
Over a billion in volume accumulation the last two months. Love this set up as well, let’s see how it reacts to the levels coming up above and if we see some momentum this one could get buck wild. Good luck if you play!!
Amazing potential with this one... easily set up levels (white lines) above with a red cloud to work its way through on the right. What are the common factors in most of my charts? Volume accumulation and one or two support levels (purple lines) beneath showing a bottom has been formed. See that here? Then join me!! Good luck if you play.
Volume accumulation, above the 14ma, will test the red cloud on the right with levels above. Good luck if you play!!
Bitcoin exposure play. 6.83 is the ATH resistance, could get some chop in this new level but if we break that high the sky is the limit. Either way volume accumulation has been beautiful. This one will eventually break through up... Good luck if you play!!
Chart says enough - simple one too. 3 quarters of a billion in volume at the last spike with a nice round bottom to find an entry. Above 4.19 and you missed the boat, otherwise accumulate until then! Watch the MA’s carry the candles to at least touch 4.19 and if it can make it through, 🚀 Good luck if you play!
The wave is just beginning for online gaming... this stock is all about amateur pro online gaming. MA’s are setting up here to carry this weekly through the red to test previous areas of resistance (white lines). Volume has been accumulating, looks like eventually we’ll test 11 at minimum. Good luck if you play!!
Another beautiful long set up... zoom in to the weekly and you’ll notice the candles have begun moving up through the red cloud. Next step is on the monthly. These type of setups love to ride above the MA’s so keep an eye on your 8-14 and 21-30 averages making sure that the candles stay above or close to the averages. Good luck if you play!! Sitting in my usual...