$BTCUSD (Bitcoin / USD) - Bear Flag within A Bear Flag$BTC (Daily) vs $BTC (Weekly)
$BTC -9.10% broke down further from the highlighted mini bear flag within its 2nd successive bearish flag formation. $BTC short term MAs have transited to a declining mode, provoking a intraday sell off after resisting price penetration on 26/8/2022
Jeffsun
$BTCUSD (Bitcoin / USD) - Bear Flag within A Bear Flagthe 19/8 breakdown on $BTC did not follow through to play out the entire textbook projection of a bear flag breakdown.
currently $BTC is morphing out another mini bear flag within a bear flag. the drifting price action remains a sign of lacklustre and reluctance from investors
US Stock In Play: $APA$APA - Energy | Oil & Gas
energy sector leads in RS over a 4wk period.
$APA outperformed among the S&P500 names from yesterday's market selloff with a double bottom price pattern from its correction in a 2-years uptrend. BO lvl coincides with confluence of VWAP & KMAs at $37.50
US Stock In Play: $TOST$TOST - Tech | Software Infra (another tech as the sector is leading in 1&3 mths RS)
traded out of a 6mths bullish falling wedge to rising 10/20 MAs and RS. pre-Fri's ER posted strongest ever quarterly sales. Fri traded as much as +19% intraday
ATH VWAP is a key pivot level now
US Stock In Play: $CVE$CVE - Energy | Oil & Gas Integrated
blow out quarter from ER yday, posting a record EPS of +0.92 (YoY +940%), and highest sales revenue of 12.95B (YoY +52%)
cleared AVWAP from ATH with imminent golden cross from short term MAs (10v20). a trajectory to resumption of its uptrend
US Stock In Play: $SGFY$SGFY - Healthcare | Health Information Services
15 mths into IPO, $SGFY traded as low as -66% to a ATL of $11 range. the level is acting as a major support with price action bouncing off the range on 4 occasion in 2022
wkly price action reflects a DTL BO since July. ER on 3/8
US Stock In Play: $NEXresting before a further 52 weeks high breakout. in the market YTD so far, only having commodities name has been rewarding