


This setup is designed to find stocks in capitulation. This setup is also called fallen angel.
Moxie Long hourly setup. This setup is based on 50-200-50 maneuver (Price crosses the SMA50, rejected by SMA200 and tests the SMA50 again, long when it clears SMA200)
Momentum is heading higher while there is hourly trampoline and daily ball of the foot. Looking for off the toe.
The market is at the double top, the most difficult point for buyers and sellers to see who gives up (also called money spot where buyers and sellers battle take place). FAANG is setting up long but the overall market is a little heavy. But $NFLX is setting up long.
All three timeframes look good
All 3 timeframes look good
All 3 timeframes look good
All three timeframes looks good
Daily, hourly and 15min looks good and 8 is above 21 in all these three timeframes.
Hourly successful trampoline move and nice bounce off the VWAP hourly, buying at $20.00 with SL $19.00
Not a typical bread and butter setup but I like it here as it has not the hourly trampoline but close to the trampoline so I consider it as a trampoline too
Looking for a small pullback to 6.70 entry and SL 6.22 with a target of 8.00
Buying here, VWAP support and Heavy volume traded on the top of the daily candle