apaqu

apaqu

Short-term & small sample, but an interesting pattern nonetheless... If we look back at similar events to Thursday's action, they've all been short-term tops in the market. We're looking at: (1) Gap up open on a Thursday; (2) Bearish reversal closing near the lows of the day; (3) Increased Volume from the prior day(s); (4) Preceded by a good run in the...

apaqu

Extreme contraction in price volatility and volume. Crypto environment still looks fine. Still need a follow through move on increased volume, but I like this setup even more now than before.

apaqu

Working up the right side of a quality base, digesting the 1,100% run from September 2023 thru March 2024. High volume flush in April that was quickly bought up, shakeout in early-May, reclaim of important VWAPs, volume declining as it works its way up the right side. Now with the current volatility contraction, it setups up a potential early buy point within...

apaqu

Picture perfect setup. Huge prior advance, 2+ month digestion, extreme volume contraction, volatility contraction. Obviously dependent on the overall crypto bull market to continue, but if BTC and ETH go, expect FET to be a high-beta play in the crypto space.

apaqu

See text on daily chart. TLDR; gap up on ER to top end of a huge stage 1 base. May need some time, but if it goes, it has potential to go far & go quickly.

apaqu

Acting very similarly to its previous earnings gap. Three day surge that stays overextended (4x+ ATR from the 10-day avg) for about two weeks, rolls over into 10ema & erVWAP. Expecting similar results or more serious follow-through? Low volume holiday trading ahead.

apaqu

Bought half size this afternoon as SN cleared a recent consolidation pivot after gapping up this morning. In a better environment, I'd have bought in full size today, but I'll look to hold and buy more if / when the stock reaches its debut-day high of $52.90 and the environment improves. Reasons for entry are simple... stock gapped up on earnings, pulled in and...

apaqu

Despite the recent poor environment, WSM held onto its 13.5% earnings gain before rocketing off Monday morning on news that a private equity firm has taken a 5% stake in the company. Saw the news after the fact... what I did see was a relatively strong stock breaking out of a narrow consolidation at the top of a deep bottoming base on massive volume. It ended up...

apaqu

Simple base breakout accompanied by a surge in volume, albeit not a massive surge. Would like to see continued volume surges to get a cushion to allow for a hold thru earnings on 2/21. Great growth numbers, earnings & sales accelerating at a strong pace on a YoY & QoQ basis.

apaqu

Moving thru the $37 pivot on a big surge in volume. Indexes have pulled back the past few days so we're not buying into an over-extended market anymore.

apaqu Updated 

Been eyeing this one. Had a nice move on Thursday, breaking out with a surge in volume. May regret not buying, but decided to hold off with earnings coming up on Tuesday morning. Still one of the top names on my focus list.

apaqu

Very nice reaction off of the 9ema this morning. Largest 30-min volume since the gap up on raised revenue guidance. Started a small position; couldn't justify a full position with the overall market being slightly extended on a short-term basis and showing negative action on the day. Will look to add over the debut price high of $14 only if the broad market...

apaqu

One of the longer-term plays I am watching. IPO'd back in 2021, they don't have much in the way of current earnings, but analyst estimates are expecting big growth over the next couple of years. Starting to inch its way up the right side of a possible stage 1 base on good volume. Don't need to rush into buying this one - need to let it show me that it is in...

apaqu

Top of my focus list going into the upcoming week. Growth numbers are good, increasing number of funds buying shares, earnings still two weeks away. On a technical basis, a surge in volume took prices thru some key highs and now we're seeing an orderly consolidation with good looking volume patterns. Ideally, we get another volume surge that takes us thru last...

apaqu

Another name on my focus list this week. Good volume surge into the 23.58 HVC pivot level after a nice shakeout below 17. Need to see another volume surge on any breakout attempt.

apaqu

On my focus list heading into next week. Need to see a volume surge as price moves thru the 15.41 pivot level. Market internals are very strong, breakouts have been sticking, indexes moving to key levels and holding up nicely. Set up for a potential bull run.

apaqu

Pre-earnings run setting up. Big volume beginning to come in, mostly on up days, which I interpret as accumulation by institutions at favorable prices for a company that isn't trading at nosebleed valuations anymore & still has pretty solid growth & is a leader in their industry. TSLA has been beaten down hard, shorts are likely to cover going into earnings to...

apaqu

Sitting near all-time highs, WFRD is one of the strongest looking setups in the market. Enormous EPS growth estimates for next year, coiling up tightly post-earnings, showing massive relative strength. A breakout on volume for this name would be one of the very few breakouts that I would trust in the current market. Energy stocks seem to have the ability to be...