The stock has been stuck in a trading range for almost 3-years now. The volume signature within this trading range indicates that major accumulation is underway in this stock. The price action in the past few weeks has been very constructive with volumes picking up along with momentum to the upside. I am watching this stock with interest and would buy it either...
This stock is a wonderful case study on support / resistance levels and Wyckoff reaccumulation. Notice how price has been consolidating near the all-time-highs. Notice the breakout and retest in the daily chart. A nice chart and am long today..
Apollohosp after a LTF upthrust and failure at 1210 level continued it downtrend. Trading at 1180 its approaching a good support level which can provide good push up if SOS is seen in this region. 1174-1160 is the area to watch for SOS in APOLLOHOSP If SOS is seen and 1145 is defended can expected a pullback to 1196/1208 Entry: around 1160 zone on sight of...
This stock was discussed earlier and has since moved up sharply. After a brief consolidation, the rally today represents a fresh breakout from the smaller trading range. Am holding this stock and might add more. Looks promising.
The price action is very encouraging from a Wyckoff perspective. I will watch this stock this week for a potential pull back or "back up to the edge of the creek" in Wyckoff parlance. Looks promising.
The stock has been in a consolidation for a while now. There has been some semblance of buying interest in the past few weeks. The recent price action indicates tight consolidation near a short-term resistance. A breakout past 110.6 would be interesting event to look forward to. Am watching this one for potential long entry.
Stock is in a major uptrend. It's been consolidation in a tight trading range in the past few weeks. Price action in the past few days has been constructive and the rally today is promising. A breakout past the high of the range, backed by higher volume will be interesting. I bought this stock today. Would add more on a breakout. Watch this one !!
Stock has been in a major uptrend and has been in a consolidation off-late. Watching this one for breakout signals. Would be keen to buy this...
You have a bigger degree consolidation or accumulation highlighted by the green shaded box and a smaller degree one represented by the yellow box. Notice the breakdown, breakout and retest. Was reminded of my mentors quote "There are no accidents in price" Chart looks bullish and today's price action is promising. This one is in my shopping list. Plan your trade...
Looking at the price action, there is a case to suspect that he stock could get into a prolonged period of consolidation or range-bound movement between the two magenta lines marked in the chart. Pay attention to the spike in volume few weeks ago when the price approached the top magenta line. The price got rejected at the higher end of the range, which is a...
The range marked by the magenta lines comes across as a classic Wyckoff Reccumulation zone. The volume signature and the recent rally confirms the bullish view. A breakout past the higher end of the range and a successful re-test would get me interested in this stock from the long-side. Am watching this stock with interest.
My mentor would say there are no accidents in price and that is very apparent in this chart. Take a look at the weekly chart if you want to get some context for why price is getting into a trading range highlighted in this chart. The overall set-up looks bullish to me and I am keen to buy this stock. A breakout past 40 bucks will be a very healthy development...
Price seems to have completed a Wyckoff Spring in the hourly time frame. The stock is in a uptrend in the daily time frame. A breakout past the recent high of 185 would be a positive outcome and strengthen the case for the Wyckoff Spring argument. The occurrence of this Spring at the "Breakout-Retest" zone in the weekly & monthly time frame strengthens the bullish...
The stock has been confined within the magenta lines for a while now. Notice how the Average True Range (ATR) has declined steadily as price approached the support at the lower Magenta line. This is a classic Wyckoff stuff. Am looking for some signs of buying interest and momentum coming back into the stock. A green wide ranged bar would get be interested in...
The stock has been stuck in a broad range of 71-204 in the past few years. The recent rally has pushed the stock to the upper end of the trading range at 204-ish. Notice the selling tail in the current month candle. The spike in volume and the selling tail suggests that this *might" turnout to be an Upthrust or fakeout. Before jumping to conclusions, it would...
As highlighted in the chart, price has completed a Wyckoff Accumulation phase. Breakout from the range with higher volumes indicate the start of Mark-Up phase. Watch this stock.
This stock is a perfect candidate for those wanting to study Wyckoff methodology. Price has cleared the inside-channel line and has to clear the upper / bigger trend channel. Chances are that we might test the lower end of the trading range, marked in green box. Such a move may offer a nice buying opportunity, provided our assumption of Accumulation is valid. On...
* Wyckoff Analysis * Distribution Phase * Doji @ top #Invalid above 12050