Gapfill
BreakoutOn Gap-up this morning. Lots of bullish activity on multiple time frames for this chart. MACD crossing waterline on daily, signal cross on weekly, SP crossing 50 DMA on daily. PT
Also, undervalued by 25% and 3* on M*.
BITFINEX LONGS versus BTC price Weekly chartSeems like big players on Bitfinex accumulated they longs when price of BTC dropped last weeks.
Interestingo obserwation, new ATH on longs chart
EURUSD SHORTLooking for the Gap Fill
Taking entry @ 50% of Last up Candle on 15
Target is Gap
R:R is 1:5 and 1:3 if you twin trade
$UPS - Next Delivery GainzIf UPS can break past $121 run to $124.50 at next resistance with a gap past that straight to $127.50.
My entry $121.25 T1 $124.35 T2 $127.25 SL $118.30
8am after the #UKelection 15 minute chart showing a euphoric rise in NRR on the open after the UK election, and then selling throughout the rest of the session. Price fills the gap in just one trading session.
$NTNX New Year Gap Fill + YOLO GAPNTNX could take on a gapfiller role here as it heads into the new year. If it can execute, there's possibility of taking a shot at a YOLO GAP FILL!
#F_ES #SPY Two unfilled gaps and a possible trading range. Price made a lower low could indicate the end of trend and beginning of a trading range. There are 2 unfilled gaps which could be targets.
History is a guide, NKE needs to dropFrom Nike's history we see that almost all gaps get filled on this stock. Three randomly chosen shaded horizontal rectangles represent three gaps (there are many more) that all got filled eventually. Recently price action has been "sloppy" with wide gaps being made which will surely be filled sooner or later, there is also one at 84.83 which I have labeled which never got filled. Further we see that a recent Cup and Handle that has formed has almost reached it's target price in the low 98s and I will probably be shorting there unless there is strong volume supporting any move higher. Last but not least from the angled trend lines we see relatively string divergence indicating that institutional investors are more likely than not disposing of the stock. Earnings on Dec. 19th will be interesting. Please leave any comments or ask questions.
$YUM TurkeyDay Gapfill UDPATE - 64% gapfillAn update on the Turkey Day gapfill idea posted last month! We achieved 64% gapfill which made for some great gains!
When looking for Gapfills, its important to not set your expectations too high! Often times a gap will only be partially filled because a gap us USUALLY an overreaction... Strip off the "over" part and its just a REACTION, which means when you strip away all the emotion fear and fomo, its going to have SOME reaction to the news that caused the OVERreaction. I like to set my sights between 60-75% of the Gap for taking profits. If the gap is 20$ i may shoot to take profits when the fill has reached 15$ or so. It's all contextual to the news and catalysts (and of course the ticker) that you're dealing with.
none-the less, Gapfills are a fun setup to play -- just be realistic in your expectations and dont be greedy.
Plan your trade, Trade your plan!
Come have a chat with me and the MD Live community about YUM and dozens of other tickers: discord.gg
PVH - Ascending Triangle Breakout + Gap FillThe stock is exiting an oversold condition while having held a +50 RSI level & respecting the rising trendline. A couple of price targets have been labeled.
GBPUSD Sell SignalI assume it will sell due my analysis showing it will go down to 1.30100 95 pips potential
Trade at your own risks, Trade safe
EROS YOLO GAP w Long Term Bullish Head & ShoulderCould be crazy, but im seeing an inverse H/S on EROS on the long haul with potential to execute a new years gap fill and potentially even a Yolo Gapfil and more if it can fill in that H/S pattern. Suggest a bullish long term position or directional swing plays as it executes its patterns.
MMSV [S] mencuba untuk tutup gapMMSV gap down setelah keluar QR. Bagi jangka masa pendek, harga sudah buat lantai dan sedia untuk melantun.
Target bagi kenaikan jangka masa pendek ini adalah bagi menutup gap iaitu 0.73.
$YUM YOLO GAP + Turkey Day GAP fillsTwo gaps to get filled here -- The YOLO GAP and the Gap that looks like it wants to be stuffed with Turkey and served on or near Thanksgiving....
Watching this for a move to the first lower boundary of the Turkey Gap, then if we break, that should start her grueling climb to 110!
$ULTA YOLO Gap Fill potentialLooking at a gorgeous falling wedge pattern sitting under a huge Gap that's eager to get filled. based on this price action, a potential breakout (or breakdown) is due sometime before Christmas. Lets see if it has enough momentum to break through these resistances and take a swing for gap fill!
Quick short at S&P500 GAP TRADEThere is a nice Gap this week and now price on strong resistance to its good time to take quick short for the Gap to be closed.
SPX Finding Support at upper channel boundary; retest ATH?Getting higher lows and support inside the narrow wedge channel at and above 3095. This can break anytime, but it looks and feels like we could get a retest of ATH price at top of channel before it rolls over, to give a double top. RSI and volume diverge but often get the retest on low volume and relatively weak price action.
Hanging on to my seat atm, watch, wait!
Fridays have been bullish for months...! We do have a gap down to fill, these seem to be governed by an 'invisible hand' that requires fillage!
This isn't advice; just a probably useless speculative observation. FGS be carefull out there, trade at your own risk!! GLTA!!!
