NFLX set up for a dip buy before the next earnings LONGNFLX has added 20% to price in the two months since the last earnings which were decent
but not remarkable. The 2H chart shows a dip of about $20 per share coincident with a fall
from the second upper VWAP line to support from the first upper VWAP line. The zero lag
MACD shows line rising over the horizontal zero level in perhaps a sign of bullish divergence.
The lines are now over the low amplitude histogram. I will take a long trade here targeting
$650. Recent news is the CEO sold 20,000 shares out of the 12,000,000 that he has control
of. Nothing unusual there. His friends and others ( myself included) may be buying the dip.
Emacloud
UROY Swing Trade Recap Volume Profile Analysis LONGUROY on a 15-minute chart with the volume profile and the EMA cloud as the indicators
demonstrates a one-week-long swing trade. Both stock shares and inexpensive call contracts
were traded. The stock trade profit was 30% over five trading days ( MLK Holiday ignored).
Options dramatically more profit for the expiration of 1/19th. The analysis, setup and
trade management occupied about 5 minutes per day as assisted by typical alerts and
notifications on the indicators as per TV.
The options contracts were closed as they were expiring later that Friday afternoon. The stock
position could have continued over a closed market weekend but I opted to close the
the entire position of stock simultaneously with the options.
This idea demonstrates the utility of the volume profile in this case applied to a penny stock
the hot uranium subsector within the energy sector at large. See also my other ideas on UROY
and also UEC.
The profits here will be used to take another long call option for UROY striking $ 5.00
for January 2025 sith some change left over for the next re-entry.
Trend MasterTrend Master usage.
0. Change to Heiken Ashi
1. Look for SAR buy/sell signal from Indicator
2. Identify trend price above 200MA or below MA200
3. Confirm with MA cloud
4. look for color of SR line it must be Blue for buy / Red for sell
5. Price (open) must be
above SR line for buy / below SR line for sell
BTC/USD : Most important level to hold; Where are we heading ?BYBIT:BTCUSD BINANCE:BTCUSDT
Recently we had a bounce above $50796 and it's also broke above Daily EMA200 !
Now it's been rejected because of the hourly candle close below $50796 and it's located one Daily EMA200 and EMA 33/55 cloud.
The main idea is still can be bullish because of the support from $49500's S/R line and the EMAs below.
But any confirmation below $49500 will lead the pair into lower S/R zone and the lower support zone at $46600.
So it's very suggested to have a look on #BTC's movement in weekend and tomorrow's range because it can push the pair above $51800 ( Main resistance RN ).
How it can push the pair above $51800 ? It's simple; Because of the current gap forming in weekend !
📚 Also we can have another overview on the chart By adding the Supply/Demand zones and order-blocks :
As you can see on the chart there was a supply formed below $52000 and it just rejected the pair below the $50600's S/R level !
Now it's located above S/R line; We can say that If we get rejected again, We might retest the lower bullish order-block and the other S/R line at $48000 and continue our path to sweep the higher 2D's FVG and fill the gap above.
- Also we can track our bears into the Wick's mid or lower H12's Demand at $40550 !
So there're many scenarios being activated by losing any level to level.
📊 Then how I would play the chart ? Follow me 👇🏼
Based on On-Chain data that I gathered; The Estimated leverage Ratio has reached new high in last two years by passing above 0.2088 and now it's standing at ~0.2116 !
Which means that there're many Over-Leveraged positions that we need to be cleared.
So I would wait for any confirmation above $51800's resistance or any retest into $48000's support..
Also I'll be looking for today's EMAs to react !
But my main levels for now are :
📈 Supports :
$49500
$48200
$45500
$44250
$42000
$40550
📉 Resistances :
$50800
$51800
$53400
$56000
$57800
$59500
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
SPY - The pullback was healthy and necessaryAMEX:SPY
The SPY recently has seen a healthy pullback in my opinion and is not a sign of widespread market fear. The COVID variant that made news last week was only an excuse to expedite the pullback, it was not a catalysts of true fear. The Monthly candle close yesterday above resistance, and without ever testing it. The monthly candle also stayed above all its EMA clouds. The Daily candles show a great bounce off Cloud 1 and Cloud 2.
SOFI EMA Clouds, Support, ResistanceNASDAQ:SOFI
Big takeaway: EMA cloud flips in accumulation zone/selling pressure zone. Look at the blue circles, these would have been excellent entry point for a long position.
2 Levels of support; solid white and dotted white lines.
The dotted line is allowing lower lows
The solid line is allowing higher lows
Look for the upper/solid support line to be respected in order
to continue setting higher lows and continue an overall
bullish uptrend
If the lower/dotted line is broken with confirmation,
the bears will have control.
_______________________________________________________
2 Levels of resistance; solid yellow and dotted yellow lines.
The solid line is a much stronger resistance
The dotted line could be flipping to support if buying pressure can
overtake the sellers in the selling pressure zone.
Look for the upper/solid support line to be broken in order to start
a new upward resistance trend in order to set higher highs.
5 daily candles have used this line as support, 6 have used is a resistance.
Note the large gap in price around earnings in August. This in my opinion was a market overreaction in which the lower support was respected perfectly.
$WISH setting up for reversal $WISH PT 1: $9.33 PT 2: $11.64 PT 3: $15.00 NASDAQ:WISH
---> Closing in on gap fill $7.87 - $9.33
---> Testing 5-12 EMA cloud for trend reversal
---> Rounding bottom
---> macD cross August 30th
Paysafe Payout Round 2! 🤑BFT was a big winner last time we played a breakout on the January 27th write up and we were able to capitalize on a 26% move. BFT has spent the last month in a bearish downfall from $18 —> $12 when the market was selling off with uncertainty. Looking at BFT’s chart we sold off to $12.51 this past Friday but managed to rally with the market and close at $14.93. After hours trading saw price action close at $15.09 Friday afternoon so we will have to see where BFT opens at this Monday morning 3/8. Paysafe’s merger with BFT has the vote scheduled for March 23rd so we can see some bigger volume coming into BFT these next few weeks. I have been holding July calls since the end of January including averaging down this week and adding of shares. I will be looking to add April $15 or $17.5 calls for a momentum play.
Chart:
HVN & Fib ext: BFT has a HVN in the area highlighted from $14.50 to $15.88. This also coincides with the 38.2% & 23.6% fib extensions outlined in white. BFT over $16.32 can confirm a breakout back to the highs.
EMA’s : The Daily EMA clouds are all converging at the $15.40-$15.88 lvls which will serve as a strong resistance area. Price action closing over $16.32 lvl can trigger a bigger run.
Plan : $16.32 lvl break with volume accumulation, enter April calls. I expect $17.50 to serve as a resistance lvl and I will watch to see how it behaves there.
*Big believer in the Fintech sector and I think Paysafe has the opportunity to easily break the $20 price range. Ultimately this momentum play in the short term will be affected by the overall market sentiment. Tech has been very weak the past two weeks and although futures and market sentiment has been a little more bullish due to Friday’s closing I am still hesitant and will be playing smaller. If the tech sector gets hot again watch out for BFT to run into its merger as it gains more attention.
Interesting Volume Shelf $KMPHThis is ticker is looking interesting with a low volume pullback & retest of the $6 volume shelf combined with the 4h 12 EMA. Huge technical support.
HTZ Next Price Target at $8.39NYSE:HTZ Hertz has broken the ema cloud resistance at the fourth time and has returned to the cloud looking for support today. If stock price successfully finds its support near the cloud zone, this might trigger a buy signal and hertz could potentially go up to the 0.382 fib retracement target at around $8.