AMD: Large Lot Appears in Pre-market from the Dark PoolsAMD is once again in the pre-market activity trading and the stock price is up ahead of the market open. A large lot surfaced from the Dark Pools on the retail side of the market. This is a rare event, indicating that a large institution is accumulating AMD.
Premarket
NFLX: Pre Earnings Run The speculative gains of what we call a “pre earnings” run ended ahead of the market open on Friday. Netflix is reporting an increase in the number of users but had a decline in revenues, which is a worrisome pattern that is occurring in many big-name companies thus far—many banks and the early tech stock reports. NFLX was being sold on the professional side ahead of Friday's open and was down about 3% in the premarket. How and IF the HFTs trigger to the downside on the earnings news this week will tell us what to expect for other stocks with similar earnings to revenues numbers for the 4th quarter of 2018.
EURCHF: You See This ? Hey traders, hope everyone enjoyed their weekend.
Coming up with a quick educational post about our market theory on a lower 1h timeframe. We are in a short on EURCHF since a few days. Looking at the lower time frame setups we can clearly see how a bullish run with two corrections (marked in yellow boxes) happened. On the other side this is a nice chart for price action education. Grey boxes mark prize zones where huge amount of positions are - on both sides. You see how these zones are touched from the top and the bottom ? Let that sink.
Wishing everyone a great week!
$MNK Flag breakout tomorrowwill be watching for continued momentum following this flag breakout tomorrow