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Wyckoff

RRR setting up for a massive profit run?I have several time frames I have charted for this going over everything I see. RRR is red rock resorts in Las vegas nevada, and both my fav casino which is off strip about 15 mins and one of my fav stocks to play. I am huge on wyckoff , demand and supply, volume tracking, price targets based off the prior, and control box master pattern targets ideologies.... I also have my ESVO lines or ribbon that also encompasses volume and price. Combining all of these things paints a picture across all time lines and when they match up its set to run! I have used this same TA on my AAPL, ENPH (up and down), AIG, GNRC, Li, IOT, Bili, TRKA, & PSNY, option plays. I enjoy looking far out to see what the end result is going to be and then aligning all the time frames to optimize the in and out. a lot of times when you look at larger time frames you are caught in the up and down which can mess up your theta on an option play. So thats why in this trade I am aligning all the time frames. the only one left is the 15 min time frame. which I will post an update to this when I finish this post. Do me a favor if you find any of my info intriguing pls hit the boost so others can see it. by iCantw84it 05.17.23
NASDAQ:RRRLong
by iCantw84it
2
GNRC a Wyckoff Reset in the making Accumulation PhaseGNRC Stock Price:102.78 Difference: $6.50 (undervalued) Over all Avg Price: $109 My Enterprise Value Price(enterprise value/outstanding shares): HKEX:122 True Price Value (market cap/outstanding): HKEX:104 Float Price (market cap/float): FWB:108 Market Capitalization: HKEX:6 ,470,000,000 outstanding shares: 62,030,000 float : 59,730,000 ev value: 7,550,000,000 p/e :18.98 eps : 5.41 PE ratio: 18.99815157 Weighted P/e: 2.5219906 Basically all this is saying is no matter how you look at the avg price of this stock, the current price is undervalued by min $2.00. The Big Picture Past The last time GNRC moved off its low right after the same Monthly Push down to start the process. Watch the lines see them converge. You don't understand these lines because you haven't been listening to me rant. These lines are every time frames Marriage of price and vol in one line. Along with the skinnier line with no kinks as the vol avg for that time frame.... When all these lines converge into one area along with price, accompany that with a larger time frame and you have something like what a rail gun is compared to a sling shot. the first move reaches then comes back down reloads and is launched double or more. and then its off and running. Present at double the price look at the lines... price is just under it and the lines are in a $15 range....what's needed to get them together? another push down? Time? a pop in price? Lets look at the supply vs the demand A closer look I marked the areas of the candles that had the highest percentage of buying and selling since it hit this zone. There are two bounces once it gets pushed down. I am not saying this won't go down. I am saying that at this price its a good deal. Depending on if they use the earnings on May 05 as a catalyst to run this up and back down then launch or this takes off before hand and the earnings is used to drop it to regain the final part of the float and make all of these lines converge.....one way or the other it starts at this price point. Look at the institutional ownership and where they bought? The top 17 Institutions that bought into this stock all bought on Dec 31, 2022. Every single one of them increased their position by more than 500%. I will do you one better, the top position holders of this stock, institutional, all bought or increased their shares on Dec 31, 2022. All 83 institutionals that own the most shares bought or adjusted thier shares on that date and the price range for that date was. $95.50- HKEX:103
NYSE:GNRCLong
by iCantw84it
2
EURUSD - This how a Wyckoff Spring Formation looks likeEvery chart has a story to tell and this is the story of this chart The Story: We are on a heavy down trend Broke Support Level but with a very high PVR This High PVR on the down wave were buyers. How do I know? I do not at that time, but I do know later on because price never broke the low of the down wave Fast move up The confirmation is the down wave with the High SI of 15.0 = HTMD (Hard to Move Done) ...and finally the entry is the up wave breaking the resistance level + more confirmation the PRL signal Result 68 pips and now ranging. Looking for the next entry with the classic text book entry "Exit from Range with Plutus" Enjoy! Learn to Read and Trade any Market
Long
by TradeTheVolumeWaves
EURAUD - Monday morning LongThe Story: We are ranging on a Fib area We are getting a PRS signal with 19.9 SI on Friday but is not valid because we never broke Fib 61.8 We have an increasing PVR at Fib 61.8 =buyers High PVR which is coming from Friday news. Since the result is up = more buyers This morning another High PVR bar the result is up again = more buyers Finally a PRL signal from Plutus. Took this trade on PRL and already 35 pips and stop loss to BE. Enjoy! Learn to Read and Trade Any Market
Long
by TradeTheVolumeWaves