ChartsRus08

ChartsRus08

Prolly see some gap fills coming in. short week next week. Holiday and all. some good reports came out, but ya know, they are usually lagging or not always accounting for everything,. everyone loses their mind over a 10% correction as if it is abnormal. 15% reversal in less than 2 weeks is normal though?

ChartsRus08

Great week for SPY. We had fed, earnings, nearly 80% of S&P reporting already, and quite the rally from 411. We seem to be taking out the volume nodes outside of our value zone on the VRVP. I'm looking at SPY bouncing around in some choppy weather as it looks for direction after earnings. With some earnings analysts/companies revising upwards on earnings for Q4,...

ChartsRus08

There truly is not much better an indicator than volume, price action, and volume profiles (Volume). The trend is our friend here until it isnt. I don't see why this low volume drift up does not continue until JP speaks, which could trigger some panic down to the 415 area tomorrow. the best part though, is we have AAPL earnings the day after. so one I feel can...

ChartsRus08

Paypal has witnessed quite the depreciation in share value over the last year. We see it all coming to a head after today's close. A wonderful downward Triangle. Within that triangle we have gaps that are outlined in green. There is also a smaller gap on the 1hr time frame that I do believe will be entered once Paypal holds a close over 70. I do use a handful of...

ChartsRus08 Updated 

So, AAP has become the best bargain for the next several years. AAP's earnings report wasn't good but everything that is wrong that caused certain aspects of it to be off, are very fixable. They overspent, they had supply chain issues, pricing issues, a high divvy, opening new stores...those issues are well into correcting themselves. I don't think its at all...

ChartsRus08 Updated 

AMD flirted with the gap today outlined in yellow rectangle. Ideally the 20 Day SMA just became a, point of resitance-a as we enter this gap play. Take note of the indicators below. TTM Wave shifting negative, DMI- turning upwards, ADX overlay also in play. We had a Doji Day, Tug of war galore. Ultimately sellers won out. I am wondering, due to analysts recent...

ChartsRus08

sofi is pulling back, as expected. note the volume profile. its moving towards a supply zone. insider selling is simply a sign of taking profits before next leg higher. big wigs be smart. note the indicators under the chart. the Shooting star doji aligned with the DMI signal indicator. All indicators are showing we will continue with a minor pullback. Looking to...

ChartsRus08

Ford has been riding a falling triangle for over 6 months. multiple head/shoulders patterns occurred inside that triangle, always pulling back to 11$ support and bouncing off downward trend line. When TSLA announced it would be opening its chargers to everyone, I knew due to Ford's patented charging cable for its F150 lightning and their announcement of over-air...

ChartsRus08

Looking at a year chart on a daily time-frame we can see that SOFI had an epic rise. Partially due to short's covering their position, as well as some very large insider buying. Now that short covering has ended, and after a massive rally, SOFI has been due for a pullback. the value area outlined in the rectangle shows the expected pullback range/buy zone. SOFI...