The price of Newmont Corporation shares retraced to the areas where professional buying took place in the past (blue rectangles). The volume during that move down is decreasing, which, according to Volume Spread Analysis (VSA), is bullish behaviour. Also, given that today's bar penetrates the recent demand zone and the professionals were buying there again, this...
HP Inc., stock approaches the bottom of the sideways channel (black horizontal lines) from which it may bounce again. During the May 29, 2024 bar, professionals bought (blue rectangle), and since then, whenever the price reached this zone, they were buying more. It should be noted that the buying around the bottom of the sideways is much bigger than the selling...
Paccar Inc. stock looks strong. We can see that since October 2024, the largest volume occurred after publishing earnings reports or on ex-dividend dates. Please note that: - All bars on those days are down with the closing price in the middle of the bar which in Volume Spread Analysis (VSA) indicates strength. - The volume on the October 22nd 2024 daily bar is...
After publishing the February 5th 2025 earnings report, the FMC Corporation stock gapped down, losing almost 34% of its value. Moreover, nowadays, the company is under serious pressure after being accused of publishing false Sales and Inventory information and downgrading shares from "Buy" to "Neutral" by some analytic companies (e.g. Redburn). Logically, in such...
Robinhood Markets, Inc. (NASDAQ: HOOD) shares appear to have sold off after publishing its February 12th earnings report. Following the report's good news, the market gapped up on opening and triggered a buying surge, allowing professionals to sell. The next day, the price recovered on a significantly lower volume, indicating absence of the professional interest...
Despite negative news, Moderna, Inc. stock is in a good position to rally. Its price has been falling since August 2021, but relatively big buys have begun to emerge since August 2024. It has to be noted that on every bar with buying, volume is increasing, which is usually a sign of accumulation on a down move. If the price breaks the $40.83 level (the high of the...
The stock of Walt Disney Company looks interesting from the VSA point of view. The monthly chart shows that the price is now around the top of the horizontal channel formed after a year of down move (blue lines). On one side, there is professional buying in the background, which might resolve this sideways to the upside, but there is much more supply around market...
After almost a year of down move, on February 5th 2025 a huge professional buying took place on Advanced Micro Devices Inc. stock (Ticker NASDAQ: AMD). Even though we've seen professional buying on that move before, the volume there was much lower and, as a result, caused small retracements up only. The volume on the February 5th daily bar has much bigger...
It looks like, after half a year of retracement, Adobe Inc. stock (Ticker NASDAQ: ADBE) is now setting up for longs again. On the gap-down daily bar following the December 11th 2024 earnings report, professionals bought. Then, over December and January 2025, more buying can be seen. It has to be noted that recent professional activity took place around the...