Momentumstrategy
WATCH $PWRBEARISH
Fundamental
- Funds have been distributing
- Negative P/FCF
- Negative PEG
- Overvalued
TA
- Momentum Theory divergence on the way up ( clear sign of pump dump )
BULLISH
- Top industry
- Leader in its group
- Still within uptrend channel
* will wait for more confluences before entry trigger !
Watch $ABCL Potential Inverse H&S formationBullish
- Stage 1
- Decent sector position within 50%
- No longer making lower lows on the weekly
- Broke out of downward trend line
- Potential inverse H&S formation
- Gaining momentum on the upside seen on the Momentum Theory Indicator
- Smart money have been accumulating
- Decent sales
Bearish
- Great if better P/FCF ratio
- Great if lower PEG ratio
- Bearish macro environment
Entry trigger : For members only
Missed the entry, BUTScrolling through the big option players and caught BA on an up trend. All signs point to a continuation. I'm getting long on this play on Monday 6/6/22. This has easy momentum to 155. It's below quarterly VWAP. The Volume Profile is weak at the current price. Going to look for price to clear 141 for entry and set 140.70 as my stop. This may come back and flag a bit before it continues up so I don't want to ride that wave. If I stop out no problem I'll wait for another entry.
DOTUSDT LONG There is a decrease in the buying momentum, and when the momentum decreases, a reversal or a bigger correction occurs. Here we got a bigger correction, and there is a decrease in the sellers’ momentum between the two correction waves, and there is a strong reaction from the demand area. I expect that we will get another bullish wave that may reach level 13