FAILED TO RISE BUYERS SQUEEZED - REMARK HOLDINGS - MARK - DAILYRemark Holdings Inc share have seen an important rise but since June we notice that the tops are falling, moreover, buyers have been squeezed in the middle of the month.
The formation of a potential triangle in the market shows that decisions are not be made before the first week of July.
Only a break of the red line or the secondary dotted lines will tell us if we can be active on this market.
Possibility of having a market ranging until then.
Squeeze
OIL? Hello?CURRENCYCOM:OIL_CRUDE
Looking at this chart, we are about to do a move. But where? up or down?
According to TDIGM indicator we are squeezing and all 3 lines are at the same place, touching eachother (insert creepy smile gif here). Normally, that indicates a breakout.
Counting with Elliot waves I would say down, but maybe i'm wrong and i'm not seeing other patterns. Also, add that second COVID wave is near, as the number or infections started to grow again. Last time that happen, Oil went down, hard.
Not sure what will make me think otherwise and see a potential upside. Anyone?
BitcoinAfter a level break, a “primary impulse" appears. This impulse is created by short players (since their stops placed there) and new buyers who saw a breakdown, as well as robots, catching such patterns - primary impulses. The price rests in the zone where placed some huge number of limit orders. On BTC it's near $10400. This zone absorbed the momentum. And then we saw that the price didn't remain at this level, and the price immediately went down to the level. Those it could be assumed that the seller leveled all the energy of growth. Everyone who wanted to buy above the level was already stuck in purchases and couldn't move the market higher.
Therefore, when you roll back to the level, the self-preservation reflex immediately turns on - "Is it a false breakdown?".
Well, when the price creeps under the level, where for the most part the stops of new buyers are already placed, it's not far off to expect a possible strong downward movement.
Similarly, consider short squeeze, when shorts are waiting for a fall, the price rises above the level, sellers' stops work, an upward momentum appears and then the strait down, etc..
Generally, many books have been written about false breakdowns which you can find for free.
just now
Best regards EXCAVO
MTCH , Potential EPIC short squeeze.Wow , MATCH has a 69.63% short float with a 14.67 short ratio.
Shorts may be in trouble here .
Bot in at $90.37 with a trailing stop set at $5.Will adjust that trailing stop if it pops .
In my experience short squeezes are difficult to buy into, the potential short squeezes on my watch list only seem to actually run about 7% of the time so be careful with these kinds of trades . However when they do run a 20-30% gain is not uncommon.
Good luck ;) or I should say wish me luck , crossing my fingers .
Amazon poised for a move - GoNoGo ChartsThe giant online retailer appears ready for a move. The GoNoGo Trend is a “Go” but it is currently weakening.
The GoNoGo Oscillator is at zero and looking to find support. The Squeeze is on and has been for several bars!
We need to wait for price to tell us which way it is going on this one. While the trend is up and the oscillator is finding support at the zero line, there are also reasons to be cautious.
First, there is bearish divergence where price is making higher highs and yet the GoNoGo Osicillator is making lower highs (grey downward sloping trend line in the lower panel. Secondly, price has made what appears to be a diamond formation which is a broadening pattern followed by a triangle. While the break from this pattern can be in either direction, it is a little more likely to go back where it came from!
Either way, we’d wait for the squeeze to be over and the oscillator to move away from zero.
$XOP - Considering Going ShortIn w/ Back Ratio Spread on this.
What do I have to lose. If It moves to retest $40. I will make $$$, If it goes ape **** and runs away to $60 I will keep the tiny $ credit from the spread.
As long as it doesnt chop in a range. I make $, whether it is $ or $$$$ is a waiting game.
GoNoGo Charts suggest US10 yields will retest March lowsThe stock market rally has faltered and perhaps with it is a decline in investor confidence. The reality of economic woes perhaps are sinking in.
When confidence falls, investors buy safe assets and the 10Y treasury yield is important to look at. As more investors start to buy this asset to protect their investment, price will go up and yield will go down.
During the so called corona rally we initially saw a bump in yields but this was not sustained as yields fell back and have been stuck in a consolidation pattern for just over a month.
The drop in volatility has been identified by the GoNoGo Squeeze as it climbed several times during this period.
The last price bar repainted in bearish purple and flagged a “NoGo”. If the move that follows the GoNoGo Squeeze is negative look for yields to retest the lows of March. Not a good sign for the stock market.
GoNoGo Charts, the Squeeze is on for Gold!Gold continues to struggle to find direction. When we last looked at Gold we said “We will be looking closely at the GoNoGo Oscillator in the coming few days to see if it can find support at zero.” Here we are, still watching the zero line and the GoNoGo Squeeze is on!
The GoNoGo Squeeze in the lower panel (grey arrow) is showing extremely reduced volatility as you’d expect during a consolidation like this.
The larger trend is a “Go”, I’ll post that chart as an update, and so the more likely scenario here is that the Squeeze ends with the GoNoGo Oscillator rallying off zero leading price to try to make new highs around 1750.
IVR - Trend / Support squeezeI checked the SEc fillings, there is no confirmed earnings release date as shown here on tradingview. :
As a result, the Company will be relying on the Securities and Exchange Commission’s (the “SEC”) Orders under Section 36 of the Securities and Exchange Act of 1934, as amended (Release Nos. 34-88318 and 34-88465), to delay the filing of its Quarterly Report. The Company expects to file the Quarterly Report no later than June 25, 2020, which is 45 days from the original filing deadline of May 11, 2020.
Underlaying gets squeezed, please place your bets for tomorrow.
I ll try to get a fill for Option: IVR 19Jun Long Put 2, means I am bearish.
For the retracement I ll sell premium. Enjoy and good luck. :)
Squeeze Trigger Indicator - Working IndicatorHow many times we wanted to trade a squeeze and never had a good timing? I faced it everytime. Now I have built the Squeeze trigger indicator with confirmation.
I am sure this is much sought knowledge and my ultimate squeeze indicator (has been copied to an extent by TTM or Simpler trading) already.
To avoid the risk of exposing the code. I am going to keep this one private.
NOTE - Again not a holy grail, but effective.
BTCUSD, 60 - Where's it Going?This has to be a quick update as I think the price is IMMINENTLY about to explode, one way or the other. We've got an almost perfectly symmetrical triangle formed on the 1h chart after the big run-up the other day.
This generally means confusion and un-certainty within the market and analysts can struggle at this point to know which way the move is going! It will break out, it will break out very soon. Up or Down is anyone's guess!
If we had to call it - we'd go Long at this point, based on two factors, the fact that the recent general trend is Bullish, and with the halving approaching quickly many people are going to be jumping on the Bitcoin wagon! Simple supply/Demand!
Good Luck & Happy Trading!
-theCrypster
Short squeeze in play for BitcoinWhy would Bitcoin pump when everyone is convinced it is going to fall further? The answer is simple: when people expect Bitcoin to fall further, they place Short orders that can be liquidated if Bitcoin price rises to a certain level. When Short order hits a stop-loss or and gets liquidated, it is done so by placing a market Buy order, which lifts the price up. Usually traders place their stop orders slightly above the previous high, which provides them with confidence.
However, smart whales are aware of these stops and they know that when they move the price to a certain point, it will trigger stop-losses and will add more buying pressure. This is what we saw in play back on October 2019, and it can also be seen on lower time-frame today. Today’s surge is not due to the fact that Bitcoin has a good Long set-up, rather it had such an obvious Short set-up that it was seductive to liquidate all small traders and profit from the buying pressure which resulted from liquidation.
Be careful with Bitcoin , this is a huge game of speculation, and price is the most important variable here.
USDJPYAloha! Here is a missed opportunity at the beginning of the week. I had one trade open on EURUSD L that closed for 1.5%. Focusing on that trade distracted me from a USDJPY S, regardless, here is how I was looking at:
I saw a wedge pattern where price is squeezing and since we are coming from a massive move on march 26 and 27, This could be a continuation and completion of a pattern that is correcting. Overall, a consolidation, squeeze and a continued move downward. Beautiful price action with a probable 3%+ trade.
15min - 50 ema being rejecte and consolidating.
1hr - squeezing/correcting in a asymmetrical wedge if that's a thing and slight pull back to kiss the 50 ema.
4hr moving down into pattern with a bear run, continued play with it.
44 pip stop.
LINKBTC BreakoutThere is a chance of LINKBTC going exponentially up from this moment after the falling wedge pattern. Additionally, Bollinger Bands are showing us that the volume calmed down a lot (Bollinger Bands squeeze). Price usually explodes after very calm time of the market.
Take Profit: 41020
Stop Loss: 32086