LMND Sitting on Volume ShelfLMND is sitting pretty on a nice volume shelf. Also surfing above all 3 EMAs. 33% short interest makes this a great short squeeze candidate if CPI data comes in bullish.
Volumeshelf
MDB Short idea - Gap Fill and Volume Shelf BreakMDB is in downtrend, Below 50EMA, on the way to fill the gap below. A big Volume Shelf gap and no support upto 290.
Downside Target#1 - 290.
If that breaks, another Volume Shelf Gap and an Imbalance, further downside possible.
Downside Target#2 - 240.
BTC - Memenalysis ContinuedI could tell you about volume, and shelves, lines, support/resistance, distribution, candle patterns, and
You get it. You don't want that.
I know what you want.
Keep it simple
Exhibit 1 - Look at that s#$t!
Exhibit 2 - Pretty sus' bruv
Exhibit 3 - Lmao tf is happening?
Exhibit 4 - You already know what to do
🧠
$OXYDefinitely in phase 3 - distribution. Could create a triple top but I'd be careful with energies after this rally. I'm going to short below the volume shelf and below 50 MA (red). Today we might have a bounce.
$SPY levels and scenariosThe last weeks in the markets looked ugly. If SPY is unable to hold this level (375) we are looking at LOY 363, and then 200 weekly MA around 350 or the end of this volume vacuum around 330. All plausible. Question when buying PUTS its only "when"?
$AMZN gap gillAbsolutely book perfect gap fill on AMZN. Straight down to the 50 and 100MA and also bounced on the volume shelf.
$SPY - selloff headed to Scenario CSPY didn't care about supports and dropped over 3% in one day. Scenario C seems more likely. 50SMA and also 0.5 fib retracement and volume shelf in that range.
Looks like a Bull flag.NASDAQ:RCMT
RCMT closed just above support if you ask me, you can see it on the 1H chart.
It broke out, came down to test the support and it holded. I am curious about tomorrow.
Huge volume shelf below for more support.
What is your opinion about RCMT let me know.
Breakout on the MMC chart?NYSE:MMC
Yesterday the price closed above resistance, making a new ATH.
What are your expectations for MMC? Please leave a comment.
This is what I see on the chart, please correct me if I am wrong.
- We have a purple square as support, because MMC opened higher there is a small gap.
- I see a Cup and Handle pattern that started on 30-12-21.
Cup (30-12-21/7-4-22) Handle (8-4-22/19-4-22)
- There is a big volume shelf around $171, this could also indicate possible support.
- Price closed above the highs of 8-12-21 & 28-12-21 & 8-4-22. This means a new ATH,
What I expect: Maybe a small rally from here, or anyway a pullback to the old resistance level ($170.00). I hope that the former resistance level becomes a new support level (Principle of Polarity), and then the price soars to new highs.
This is no financial advise.
What will happen?NASDAQ:AAPL
Please correct me if I made a mistake, I am just a beginner. I am only here to learn.
How I interpret this chart is:
- It looks like we are trading in a range, between the 50 Day SMMA and a volume shelf.
- looking at the SPY in the pane below, it looked like the SPY found support.
- in my opinion AAPL and the SPY move pretty synchronized, and I see that when we would rally from this support, we would complete an inverse Head and Shoulders pattern.
- with the right shoulder higher than the left shoulder, thats a good sign, right?
- what I think is positive, is that once breaking trough the volume shelf, it is only ≈5,66% till the ATH of $182,72. Unfortunately I think AAPL and the overall market will need a lot of power to pull this off.
- the last 6 days AAPL found support on the 50 Day SMMA, that level is also protected by the ‘mid line’ of the Fibonacci Levels.
I am very curious to see which way the market will choose to go….
Thank you for reading my interpretation of Apple, please leave a comment, I am very curious about your interpretation.
This is no financial advice.
$AFRM - Reversion to Trendline SupportHigh chance $AFRM falls down to the trendline support over the coming days, maybe even lower as it looks to fill the gap.
Take note of the volume shelf underneath! Once the bleeding stops I'm willing to bet we stop around 65 or 70 allowing us to load a long position into earnings!
$UBER Close to volume shelf support. ABCD Downtrend pattern.After Head and Shoulder formation, the downtrend may be reversed in volume shelf support zone.
$F - Weekly Swing off the Volume ShelfWe've got a great risk to reward trade with $F right here! It's sitting at the bottom of the channel, right ontop of a large volume shelf. We should gradually make our way up the channel over the coming days.
I grabbed some 12/17 20Cs for 0.53, with a stop slightly underneath in the event we drop to the downside.
Explosive Move on the Horizon for $AEI$AEI
8 doji days in a row.
Extremely tight price action.
This consolidation is going to come to a resolution soon and it will blast off in an explosive way.
Price is currently sitting on an insane volume shelf.
My stop loss is at $9
price targets are
1. $15
2. $20
3. $30
Safe Trading Everyone.
$sos - they really don't want this to moonanother stock overdue. all crypto and mining stocks moving except for $sos? not shady at all...
unfortunately turned into a cult stock.
either way...
short term, really need to break this down trend. plenty of support in the 4s. low 4s may be revisited.
daily chart showing extreme bullish hidden divergence on rsi, macd, macd hist, momentum, cci, stoch, diosc, vwmacd, cmf, mfi. need i say more?
$QQQ - sitting on volume shelfWell, it's been a week of pain for growth stocks. Let's see if it's able to hold this line. We may have found a bottom.
$HEXO - Holy Grail WatchThis one I have been in and out of already. Lucked out and sold before all the pot stocks took a nose dive.
- New entry potential here. Right on the 20MA.
- Will watch Tuesday morning.
- I could see this dropping to the $6.70 range , or just bouncing from where it is now.
$NUS - Oversold on Daily- Adding to watchlist for Tuesday morning.
- Just past earnings, which seemed good, but investors reacted to a change coming to CEO.
- Seems like it wants to test that volume shelf on the Daily as well.
- Oversold on RSI.
I red opening down to the volume shelf on Tuesday, and then a bounce to green would be a nice entry. Bet it recovers that large red candle if it does that.
$COTY - Our old friendThis guy head faked us a couple weeks back. All good, been looking for a re-entry. Earnings coming soon. Anything above $6.90 and could this finally breakout to the upside? Watching tomorrow.
BUY $MVIS PT 8.45 PT2 9.5 SL 6.28Rationale
Volume Shelf, Large demand in the 7 zone
Coil pattern
Buyout rumors
Other similar lidar companies like LAZR are in an upward trajectory
Peculiar -Options contracts go up to $19 for Feb, but not for March
Options value & flow is above average
Secondary offering back in December
Thanks to the market wide pullback on friday. This $MVIS play I played earlier in the week is coming back for a second round, with the price retesting the volume shelf (again!). I'll be entering monday, assuming it doesn't gap up. This time i'm going to use a tight stop.
$CDXS - May be worth a pre-market buyThis hadn't popped up on my scans, but it is:
1: Sitting on 20ma after decent pullback
2: Sitting on volume shelf
3: Just added by ARKK after hours.
This could fly tomorrow. Might be worth staying up late (1:30am my time) to try to get s good position. I don't think this will be a R3G type of start out the gate. I see a Gap & Go possibility.
