C3.AI: AI = SHORT - wyckoff distribution & bearish divergence1st - Bearish Divergence: RSI & MFI on 1D & 1W chart
2nd - Wyckoff Method: Distribution TR phase C (UTAD TEST) more pronounced in the 4&1H charts.
Analysis:
There seems to be weakness in the stock, and despite the recent highs and uptick in volume the exhaustion can be seen per the TA presented. BUT REMEMBER, the AI craze is still on going and this could be invalidated in minutes if the whales choose to push the price higher.
Targets if you trust the analysis:
Its pretty simple, I use fib retracement levels 21% and 38.2% as targets.
remember to use risk management and positioning!
*THIS IS NOT AN INVESTMENT ADVICE, JUST SHARING MY ANALYSIS AND INTERNAL THOUGHTS TO MYSELF*
Wyckoffmethod
Palantir's share price could easily double from here!This idea is based on Wyckoff's method. The Point $ Figure accumulation count serves as a way to determine the target objective based on the accumulation count in the base.
All other information is in the chart.
NQdecipher
Hope for BitcoinAs you can see Bitcoin is currently heading to the downside, which I believe will stop at the Fibonacci level.
This is because if Bitcoin dumps to the Fibonacci level in the next few days, it will cause Bitcoin to temporary break the current trend.
At which if Bitcoin bounces off the Fibonacci level, the spring action will be formed.
And then from there I believe Bitcoin will be able to break the current trend to the upside.
All comments will be appreciated.
Part II of BABA thesis using Wyckoff phases and volume analysisThis Idea is part II to the previously published BABA idea using Wyckoff's accumulation method. This idea includes the identification of the different Wyckoff accumulation phases and the characteristic accompanying volume analysis.
All information is on the chart!
NQdecipher
ABBV more probable to go down first before reaching ATHThis idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of distribution ranges. We can a distribution ranges following schematic 2 for Wyckoff's distribution.
If we take count the ranges separately, this yields a potential reversal zone between 118.50 and 94.50 dollar per share.
Personally I am intend to buy if price reached 106.50 (mid point)
All other information is on the chart.
Good luck,
NQDecipher
TARGET has more room to the downside, reversal zone identifiedThis idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of distribution ranges. We can see multiple distribution ranges following both schematic 1 and schematic 2 for Wyckoff's distribution.
If we take count the ranges separately, this yields a potential reversal zone between 105.5 and 84.50 dollar per share.
All other information is on the chart.
Good luck,
NQDecipher
Dollar General has more downside and reversal zone identifiedThis idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of the distribution ranges. We can see a complex distribution range existing of 2 different types of distribution patterns at the top.
The yellow range is based on Wyckoff's distribution schematic 1 and the white range is showing a type 2 distribution schematic.
If we take count the ranges separately, this yields a potential reversal zone between 108.50 and 89.50 dollar per share.
All other information is on the chart.
Good luck,
NQDecipher
GNRC a Wyckoff Reset in the making Accumulation PhaseGNRC
Stock Price:102.78
Difference: $6.50 (undervalued)
Over all Avg Price: $109
My Enterprise Value Price(enterprise value/outstanding shares): HKEX:122
True Price Value (market cap/outstanding): HKEX:104
Float Price (market cap/float): FWB:108
Market Capitalization: HKEX:6 ,470,000,000
outstanding shares: 62,030,000
float : 59,730,000
ev value: 7,550,000,000
p/e :18.98
eps : 5.41
PE ratio: 18.99815157
Weighted P/e: 2.5219906
Basically all this is saying is no matter how you look at the avg price of this stock, the current price is undervalued by min $2.00.
The Big Picture
Past
The last time GNRC moved off its low right after the same Monthly Push down to start the process. Watch the lines see them converge. You don't understand these lines because you haven't been listening to me rant. These lines are every time frames Marriage of price and vol in one line. Along with the skinnier line with no kinks as the vol avg for that time frame.... When all these lines converge into one area along with price, accompany that with a larger time frame and you have something like what a rail gun is compared to a sling shot. the first move reaches then comes back down reloads and is launched double or more. and then its off and running.
Present
at double the price look at the lines... price is just under it and the lines are in a $15 range....what's needed to get them together? another push down? Time? a pop in price? Lets look at the supply vs the demand
A closer look
I marked the areas of the candles that had the highest percentage of buying and selling since it hit this zone. There are two bounces once it gets pushed down. I am not saying this won't go down. I am saying that at this price its a good deal. Depending on if they use the earnings on May 05 as a catalyst to run this up and back down then launch or this takes off before hand and the earnings is used to drop it to regain the final part of the float and make all of these lines converge.....one way or the other it starts at this price point. Look at the institutional ownership and where they bought? The top 17 Institutions that bought into this stock all bought on Dec 31, 2022. Every single one of them increased their position by more than 500%.
I will do you one better, the top position holders of this stock, institutional, all bought or increased their shares on Dec 31, 2022. All 83 institutionals that own the most shares bought or adjusted thier shares on that date and the price range for that date was. $95.50- HKEX:103
ONON Setting up for a profit run Post I made on 5.13.23 "4 hour i think you have plenty of absorption on the larger time frames too
— 05/13/2023 5:55 PM
most likely willl stall this at or around 32-34 for earnings or pre launch it which i dont like..."
The end result was better it didnt launch and they pushed it down now its prime for a launch as you are force feeding the absorption and priming the launch.
Should have $3-6 dollars in leg...I have it set to hit $42 which might be reaching, but do able.
My indicators, ESVO is all the lines from different timeframes where price and volume meet in the middle....cradling price is where you want this to be and all together. which creates a synergy between buyers and sellers and the volume between the two is also cohesive at this area. might see some resistance at 28.24 but nothing serious.... $31 as well.
NPVR : Square box at price action is a Hi lo channel when the price is inside the box and hugging the top or bottom its basically going in the opposite direction.
HILO support line right under @27.27 and bullish candles on the last 4 candles since the spike up with the wick. @ 06/02/23 9:30am
Volume profile sellectable session anchor: Whats really nice about this is that no matter what anchor you use... HI / low volume, highest volume, week, session, day, earnings, etc..... every single one is either right under the current price or as low as $27 so a significant amount of support under it.
BTC Short Wyckoff Accumulation EventIf I am correct which I believe I am then we will see the rapid sell off and drop to around 14800-14900 then spring at end or march or early may. I am short till then from anywhere near this level. Don't be fooled by this fake pump. Sorry for the bad news but in my opinion this is the only possible scenario. My SL is higher then the one I set just in case they play games with it but it shouldn't exceed the one I have on the chart. Good luck and be careful this will get volatile. I opened my short at 25000 and 25200 and will add to it if it goes higher.
Trade #2 of 5 BILI Puts and CallsObviously if the market goes against my bias this trading plan is no longer viable....at that point I will just make a new one to support what I see. However with the recent decline in its financials and on going poor performance, this cash cow is getting kicked to the curb by all institutional and or being slammed into the earth like a seed in hopes that it will someday blossom into some man eating plant. Its an anime company so, totally do able. I've made a 5 trade plan to support what I saw when I first started trading BILI last week. If you like what you see or are intriqued pls like / follow / and Boost so others can see it. Thanks.
by iCantw84it
04.10.23
BTC short with smart money"Okay, today we can look for a deal on SELL in the desired areas for the BTCUSDT currency pair. We can consider these deals in two stages, which can be pursued until the desired liquidity. Both of these deals are profitable with a 1 to 3 ratio in the worst conditions, which can be seen as a successful trade. These trades are based on the principles of recursive Wyckoff theory in entry points and the Smart Money method."
ETH is STILL in a PHASE B.If I Consider 12.05.21 being a Climax (BC) and 19.05.21 an AR, Then my FORK is set in the Following way :
Creek > 4379$
ICE > 1400$
MID Range > 2480$
ST > 3990$ / 1700$
UA > 4877$
1. WHY THE COLLAPSE as of 18.06.22 is NOT A SPRING ?
Even if PA has reintegrated the FORK, to being considered a SPRING (PHASE C), it should (PA) at least kick the ST @ 3900$ before sitting on any LPS (Last Point of Support) and exit by the TOP.
IT DID NOT !!!!
Furthermore, and obviously, the Volume does not show any potential sign with full lack of Harmony (Weiss) to confirm being a SPRING.
Finally, after made an Elastic Jump, it only arrived to reach the VAH then slipped back seeking some potential Liquidity before to reintegrate it again...
Mathematical deduction >
If not a SPRING, what could it being a part Major SOW ?
If not a PHASE C, then still in the Observation Phase (B) !
2. "THE b Shape" and THE LVN.
Even if my Fork, defined in the introduction, is not really accurate, let's express the Volume Profile of the ACTUAL RANGE since January 21 !
Actual VAH > 2075$
Actual VAL > 1031$
Actual POC > 1564$
As you can deduct by yourself, PA has reintegrated the FORK defined by the Fixed Range Volume Profile. There is NO JAC; No bounce, even for testing above the MID range of my initial FORK...
If reintegrated, then ST (1700$) should be the KEY, and POC might be visited again.
WHY it might be visited ? I have a big conviction that the LVN below this POC (1564$/1270$) should be closed ! I think it should be obvious for everyone who understand what the analyze of the volume profile really shows !
THE story of "b Shape".
It is not really over ! I agree ! Yes of course the PA should visit above the MID Range (2480+).
It should... When ? That is the question... Maybe tomorrow, maybe in one week, maybe in one month, a quarter...
BUT !!!!!
OPEN INTEREST providing us a very clear information regarding THE potential interest of MMakers... You don't agree with me ?
SO !
If there was not any UTAD made, we don't have the confirmation of the Breaking ICE. If we didn't see the SPRING, we should see it soon in order to get access above the MID Range ! And IF the SPRING (Phase C) might happen, where do you think, it will take the LQ if not below 1k figure ?
I just fixed 1k to not really afraid you !
Just Think about....
Don Pablo
Minor Distribution within Larger Accum.Near term, BTC is forming a pretty gnarly b-wave. Has resistance in current range (29k-31k). Highest I see it going before the drop is 30159-30177.
Downside Target by May 12th is 25294 (~25k), where I'm expecting it to find support and start next leg higher (likely to 34k-35k).
Needs to break below 27k to make it to 25k target, should see some explosive downside to break that level as soon as this week (around the FOMC meeting 3/3). Get ready for more volatility.
Wyckoff Accumulation Patterns - Copper LongRecognized accumulation pattern
A - decreasing volume on lows
B - decreasing volume on lows
The lows in pattern B did not break the lows from A. This indicates that the market is strong and well controlled by large operators. In the lows of pattern B, the last one on the lowest volume forms a very large, bullish engulfing candle.
C - the largest buying wave not only in the entire accumulation pattern but also the largest since the beginning of the decline - showing strength, breaking out of the range on very high volume.
The recent 4h candles on the chart are testing the breakout.
It seems that the pattern is set up for an upward move.
I'm providing two targets...
Indicators used: Wyckoff Wave Chart
What do you think about this chart?
Follow us for updates!
VolumeDayTrader
PEPE Idea for SELL or BUYHello Guys....!
As shown in the image, we can see the emergence of two long and short positions, each with two entry points indicated.
This analysis is based on the Smart money method, and the specified points are located in areas where there is a order block .
Notice that we must Confirm Wycoff pattern to Enter Position
Wycoff Method Wyckoff is a method of technical analysis that was developed by Richard Wyckoff in the early 20th century. This method is based on the study of price action, market structure, and the interplay of supply and demand forces in the market.
The Wyckoff method is commonly used by traders and investors to identify trends, reversals, and key levels of support and resistance in the market. It involves the use of various chart patterns, such as the Wyckoff Spring and Upthrust, to identify potential buying or selling opportunities.
One of the key principles of the Wyckoff method is the concept of accumulation and distribution. According to this principle, the market tends to move in cycles of accumulation and distribution, where smart money accumulates positions during periods of accumulation and distributes them during periods of distribution.
Another important aspect of the Wyckoff method is the use of volume analysis. Richard Wyckoff believed that volume was a key indicator of market activity and that changes in volume could be used to identify potential changes in market direction.
Overall, the Wyckoff method is a comprehensive approach to technical analysis that incorporates a range of different tools and techniques to help traders and investors make informed trading decisions. It is a useful tool for anyone looking to develop a deeper understanding of the market and to identify profitable trading opportunities.
USDT.D 4HHi Guys Hope you well, and good weekend.
As I show You the chart , It maybe a Wyckoff pattern, be careful for long position ,completely against the trend of bitcoin.
SecondChanceCrypto
⏰07/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
BTC : Phase E, According to WYCKOFFBINANCE:BTCUSDT
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
The goal of looking at a chart from a Macro time frame perspective is to identify the current market phase / cycle. When we look at the BTCUSDT chart and overlay the Wyckoff Method Accumulation, it's clear that the price action is currently trading in Phase D, about to move to Phase E after the SOS. If you're looking for more details on Wyckoff Method Technicals , see here :
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
LUNC false break-down alert?Hi guys,
LUNC has been consolidating in a box since November 2022. Its pattern is interesting.
We can see that there is likely a false break-down after recent moves of LUNC. Based on Wyckoff methodology, it could be a Second Test in Phase B or a Spring Test.
In both cases, it's logical that prices will retest the higher range.
As these reasons, the proposed setup is in chart.
And you, what's your view on this crypto, almost forgotten?