Price could not break previous high with a nice selling tail and it went back to previous range, at 12:20 we took a long position but it did not work out, then the selling was huge, and now we have to see if monday´s low can hold, but after the energy spend today i think overnight would be neutral and maybe tomorrows session would be in balance between 3225 and...
Price on the overnight is pretty balance with a prominent most traded price,also it has incomplete auctions in both sides (3319,5 and 3291,5) on the premarket session, for that reason, we are not expecting big move in the opening but we expect one of the sides of the premarket would repaired to complete the overnoght auction. Based on the previous range, we...
Price stayed between premarket´s range (3256-3289) how we mentioned in the premarket prep this morning, at least for us, we did not take positions because trading the range is not our style, but after mid day, we could see a nice buying tail in the low of the session 3259, the pullback at 3270 also had a really good excess, for that reason the chances to take out...
Fundamental news supporting the bullish side. Price getting compressed in what's looking like a triangle. Looking at 3 & 5 day ema reaction at the tape.
CVX had a big selling tail in yesterday´s session, also in 30m time frame the rejection was in the 200 SMA, for that reason, if we wait the correct pattern a short at 76,58 (our resistance level) would be nice to take it.
TSLA is having news last hours about the new batteries for his cars, and the news has brought a lot of volatility in the last couple hours, in the chart we see a pretty clear range with more momentun to the upside, for that reason we are taking 426,14 as a support so trade the prior range.
After a scared beginning of the session, price could hold the gap made it on 08032020, what is important of today´s session was the buying tail at the low of the session and also the final spike. if you see our premarket prep 09212020, we expected this move to the upside but it wasn´t that clean. Also, we expected this move could follow until 3305 and finally...
After a scared beginning of the session, price could hold the gap made it on 08032020, what is important of today´s session was the buying tail at the low of the session and also the final spike. if you see our premarket pre, we expected this move to the upside but it wasn´t that clean. Also, we expected this move could follow until 3305 and finally until 3332,25...
Friday´s session have an auction complete in both extremes of the range, also we are opening between this range, for that reason, we are going to look for reversal patterns in the extremes of the range, but the odds of a move are with the bullish reversal.
Friday´s session leave us a lot of things to think on it, first of all, we have two range to trade, one is from the high of the session (3357,25) until 3318,5, and the other range is from 3316,75 until 3280,75 ( low of the session). Something to watch in the first range is the range extension at 3335,25 that is poor and also in halfback, for that reason, this...
Friday´s session leave us a lot of things to think on it, first of all, we have two range to trade, one is from the high of the session (3357,25) until 3318,5, and the other range is from 3316,75 until 3280,75 ( low of the session). Something to watch in the first range is the range extension at 3335,25 that is poor and also in halfback, for that reason, this...
Friday´s session price broke the weekly trend line with a huge volume and also above the 21 exponential moving average