Short / Bearish Bias on NASDQ100. Technical Analysis Explained: Highest normalized price reversal point exceeded (this is the highest red “resistance” zone) Price greater than all time high (22/11/2021) Z score and Price bearish divergence (week as z score has remained neutral rather than print a lower low) Price trading at approximately second standard...
Adding to ZS shorts now, currently up on core position. Riding the weekly 200 da MA, bearish rising wedge. 15 min lost the MA on low time frames. Not advise, good luck.
📊 Understanding MVRV: The MVRV indicator measures the ratio of an asset's market value to its realized value. It helps traders assess whether an asset is overvalued or undervalued relative to its historical price action. 📉 Oversold Conditions: One of the key insights that MVRV provides is identifying when an asset is in an oversold condition. When the MVRV ratio...
Short ZS again. Argument for a triple top. Weekly might print a long legged doji. Moving average acting as continued resistance. Red line invalidation. Not adavise, good luck.
Not even sure what this company does. Saw the massive descending wedge and the long legged doji candle and longed $88.09. Sold the 200 MA. Shorting here. 25% allocation for this trade. Weekly Stoch 100/100. Just a matter of time, impossible to short the exact top. Not advise obviously
Long BWMX Most of the down move is finished, in my opinion. Variance Ratio Test -- Red means possible negative autocorrelation, mean reversion Historical Volatility Z-Score is outside the significant levels, which means volatility should subside
Bought NYSE:V Visa Inc. is an American multinational financial services corporation headquartered in Foster City, California, United States. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards
Looking forward to next week the daily chart is pointing to a continue rise in price over the next 10 days or so. I still believe that we have few more hurdles to clear particularly the current ATH of 4238.0, should we clear that level of resistance the next two levels of resistance are at 2ATR and 3ATR with prices of 4269.5 and 4317.0 respectively. It's also...
Despite ETSY reporting earnings that surpassed analysts expectations ETSY shares still slid as management expects the total sale of goods on its platform to slow in the second quarter as it faces tough comparisons to last year’s pandemic-boosted results. Based on the current price action I'm operating under the assumption that ETSY is in a downtrend. The gap down...
UBER beat its earnings estimates however, it missed on its first quarter revenues. As a result, UBER gapped down after its earnings report and in my view is currently on a downtrend and I would operate under that assumption until it fills that gap. Conservatively speaking I'm looking for a gap filled price that closes with a daily price of about $53. Based on...
After failing to meet analysts expectation Twitter took a major gap down of -9.6% and is looking to test key support levels over the next quarter which could present several buy opportunities for a stock that not too long ago was rising high at about $80 per share. With the current down trend in place I'm expecting Twitter to come up 2ATR which is a price of...
Tesla right now has some interesting core pivot points even looking at the recent bull run wedge. Elon Musk seems to be extra confident prior to the earnings call and even if it has a small loss per share, it would still likely continue in its overall bullishness. Do we expect him to meet production quotas? So far, the guy haven't been doing a bad job. Looking at...
look for a few % gain in DEC the new script in action: gl hf xoxo snoop