Technical Analysis, Patterns, Live Streaming Market Coverage, 24/7 Discussing stocks, crypto with an amazing community of traders. Learn more at https://xitter.cf/t.co/smffIETKaN
Joined April 2014
- Tweets44.7K
- Following1.4K
- Followers70.9K
- Likes64.5K
Pinned Tweet
Where does the market stand after the fearful end to last week?
Is the AI bubble popping?
@junglefunk_ looks at that and more in this week's market wrap up, check it out:
youtube.com/watch?v=9edHR0D2…
Evening Doji Star: a bearish triple candlestick pattern.
How to spot it: Three candles with a bullish, doji, and bearish candle.
What it means: Appears in uptrends; signals potential bearish reversal, as the doji suggests indecision, confirmed by strong selling on the third candle.
The Evening Doji Star is similar to the Evening Star, but with a doji as the middle candle, highlighting greater indecision. This pattern consists of a bullish candle, a doji, and a bearish candle, indicating a shift from bullish to bearish sentiment. The doji suggests that buyers are losing control, with sellers prepared to reverse the trend.
Understanding Evening Doji Stars allows traders to recognize market tops, helping them avoid overextended trends.
A friendly reminder:
Twenty tickers on your watchlist doesn’t mean twenty different risk profiles.
If they’re all linked to the same sector/theme, one bad headline adversely affects them all.
Im a simple man. If $MSOS 4H EMA12 is resistance, I don't even think about a long.
$DRAM highest daily volume in a couple months. That needs to be the 2W higher low for equilibrium and continued tightening. MU, SNDK individual names have more space to work with for the higher low. Time for bulls to prove it.
The plan: Buy. Set stop. Let it run.
The execution: Buy. Watch it dip. Lower the stop “just a little.” Watch it dip more. “This is fine.” Lower stop again. Exit at -22%.
Take away: Improve discipline throughout your entire life.
Fun fact, $NFLX 6 week correlation to XLY (an ETF it is not in) is 3x stronger than its 52 week correlation to it.
The last 6 weeks, it is even stronger correlation than XLC, which is comprised of 4-5% NFLX.
Chart library in my brain said "Wait a minute, I've seen this chart before"
$BTC bulls hopes and dreams, a 12H falling wedge for weekly higher low, like last time:
$DRAM deja vu, stopped out Tuesday attempts small red, going for the daily bounce again. Trimmed to size down for swing mindset.
US10Y that was the top, $TLT the biggest benefactor so far.
VIDEO: Semis and Memory cannot catch a bid.
Silver capitulation to 2026 lows.
Ways I have been wrong recently.
chartguys.com/watch?v=TrMmKD…
