Friday, September 2, 2022

9/2/22


 notice 


notice how at the double bottom on 9/1, you got higher relative volume, whereas you don't get that at resistance/supply on 9/2

both gaps filled

also note the falling volume at resistance/supply on 9/2

green candles from left to right at resistance/supply
  • 97k (high)
  • 87k
  • 33k
  • 38k
  • 59k
  • 59k
  • 39k
  • 48k
  • 25k
damn, 25k on that last green candle


ascending triangle

shorty says this was a rising wedge but I'm having trouble seeing it

rising wedge

I guess



I guess it was a rising wedge, I'll be damned


actually no I take it back, how the f is this a rising wedge?


maybe like this?



I think also the interesting thing about this setup is that it was strong until it wasn't, i mean, we had a gap up, we didn't even get a retest off of the anchored vwap off of the last candle of the previous day, it just mooned, all signs of strength, but then it just died off

so the thing to take away from this is, strength could go at any minute 


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