Thesis: I feel it'd be silly not to chart this considering the amount of attention these guys are getting. Obviously really bearish bias here, but if price gets above $4.24, a monsterous relief rally makes sense considering how quickly the move down happened, lack of established volume shelves on VRVP levels are outlined. I'll take the trade either direction,...
Thesis: Visa look really bearish lol. Looked for quite a while for some sort of reason for this to potentially go up, but based on current chart sellers are in complete control. 3 inside bars, so price is nice and wound up. Should be good volatility down out of this range. Looks like a good setup for a scalp or swing, pick your poison. No sign of life from...
Thesis: Liked that Josh (@lucidtrades) tweeted about this earlier because I was casually charting this today, and he made me really take a second look. COIN price would make most think downside makes sense here, but there's lots of bullish divergences from price to suggest otherwise. Labeled on the chart. Probably best to just stay unbiased and play the...
Thesis: Apple news was used today to trap bears and spring the market into a short-term rally. Early day on 09/28/2022, AAPL was down ~3% off of low demand news, in which demand stepped in with incredible volume. The following is my interpretation of what could be a short-term accumulation schematic. Apple historically being one of the better S&P performers,...
This is a H&S. I think downside here makes good sense. Puts on level, SL if pattern is invalidated.