NASDAQ:ADP has a strong reversal candle pattern indicating underlying strength. Recently, each time a big long black candle forms, selling halts in a day or two. A stock to watch for swing trading potential.
This stock has the potential to form an island gap, which are caused by High Frequency Trading activity that triggers on news. The gap down was too huge, so fundamentals are above the current price. This would be a gap UP potential at this point, to create the island gap. The lows have been established clearly, so selling short this stock is not wise. But...
CRYPTOCAP:ETH has scaped the downward channel, but is still inside the horizontal channel (both in yellow) Note the blue diamond from Detonator A Indicator forming now, indicating a possible local end of trend Price will need to retest the support of downward channel first, as it coincides with both EMA200 (green tick line) and MA200 (red line) After that...
Many companies are flush with cash right now, so buybacks are going to increase. Buybacks can create plenty of swing trading opportunities. Buybacks are used by the Board of Directors to drive price upward, or at least maintain price at a certain level. They also remove outstanding shares from public exchanges. The Percentage of Shares Held by Institutions (PSHI)...
The stock after making a high of 586 last December has been going down. It has been making lower highs and lower lows with each price wave was getting lower. After reaching a bottom of 421 it started reversing. Then it started making higher highs and higher lows and each price wave was getting higher and higher. Now it has crossed above the 3 short-term moving...
The stock after a good up move has been re-accumulating for almost a month and half. Now the stock is on the verge of breaking out from this re-accumulation zone. The relative strength is turning positive and the money flow is also on the verge of reversing. Momentum which was weak has started picking up. The volume in the last two sessions has been high. The...
The stock after facing price rejection around 440 to 467 levels came back to below 50 DMA levels. It has been consolidating since then for almost 3 months now. Finally, today we saw it breaking out of the consolidation zone. We saw a widespread bar on very high volume. The relative strength is also turning positive. The money flow has been positive for the last...
In early January, the stock faced rejection around 2520 levels and it retreated to sub 200 DMA levels. From there, it recovered. In early May, it made an attempt to take out the price rejection zone. There was a move on very high volume. Unfortunately, that move did not succeed and it was pushed back below into the supply shadow of the BC bar which happened on the...
The stock is trying to move out of the price rejection zone after nearly four months of sideways move. The relative strength and the money flow are also positive. The volume has been increasing in the recent past and the volume adjusted momentum is also turning positive. All the conditions are favoring the stock to take out the price rejection zone. Once we have a...
NSE:NMDC - Script sees a breach of Monthly Bearish GPZ alongside Quarterly Bearish GPZ making it a "HOT PIVOT LEVEL" to keep on radar! - Money Zones are marked alongside in 3 different shades as per the analysis from FUNDFLUX . - This "Pivot & Price" action is been seen as iron ore prices have rebounded after 2weeks of down-fall and are further expected to...
This stock has dipped and slid through its support, which was not a strong support level. There is minimal support nearby. And the support above is now a moderate resistance level. There was some mild rotation in the Volume Oscillator and Money Flow indicator patterns followed by pro traders selling. The reversal candlestick pattern failed. However, the risk...
NASDAQ:NVDA moved up on the excitement around AI at the Consumer Electronics Show. We can see that Professional Traders were anticipating a breakout. The stock should be able to begin some pre-earnings runs soon, as long as revenues and earnings continue to improve. Volume Oscillators and Money Flow Indicators have been improving as Derivative Developers...
Stocks that are forming bottoms right now are completing faster due to the improvement of their fundamentals in the current quarter. For example, NASDAQ:VRNT is moving out of the extreme dump by HFTs and retail groups. This is a common pattern that indicates shifting sentiment in a bottom formation. The candlesticks stairstep upward as Pro Traders get in...
Percentage of Shares Held by Institutions is a bit low at 69% for NASDAQ:MSFT stock right now. However, the indicators are showing some strength as it retests the lower level of resistance above its current price. NASDAQ:MSFT reports earnings next week on Tuesday. Microsoft has focused on AI for small businesses, the market niche that helped move it out of...
NASDAQ:AEIS was one of the darlings of the '90s. So much fun to swing trade this stock. It is now moving up to test the all-time highs of 2021. Electronic Components are cyclical stocks typically with huge revenues ahead of holidays, school openings and summertime. The cycle is starting again. Notice that Volume Oscillators and Money Flow indicators are rising...
Chainlink (LINK) has witnessed a substantial surge in the past two weeks and is now approaching the prospect of a new yearly high. Both weekly and daily timeframe analyses exhibit bullish tendencies, which is supported by the price action MFI. How Far Can Chainlink's Uptrend Continue? Looking at the weekly technical analysis, LINK's price has been on the rise...
What's going on here? Probably nothing Everything is just fine... Zero-sum game 15b vs 300m David vs Goliath Follow the money... I have 0 clue what's going on! that's pure abstract imagination! Do your own research! Look First/ Then Leap
A corporate aggressive stance to accelerate Boeing's recovery from the pandemic created buying activity during the index sell down over the past few days. BA is one of the few companies on the Dow moving up while the majority of components were being sold down. This is an example of how quickly a stock can reverse from selling down to resumption of its...