Note
Premarket bulls in effect looking to gap us up $8, sells in red zone awaiting buyers if this happensNote
The intermediate support in chart two days ago proved effectual and premarket bulls had their way. MM trying to extort you and fill their short orders, don't be fooled by hopefuls and holders.
Bull market - BTD, Bear market - STR (Short The Rally)
Chart notes: Check volume profile, compare with OBV, no accumulation along resistance, no eagerness in buyers to enter the market. U shaped volume profile shows you low activity along resistance.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.