Technical Analysis
- Thread starter Vojnovic
- Start date
alwaysgreen
Top 20
How good is today!! Glad to be off the mark!Love the song and the band but I think I will listen to Green Day today, good to see that the Aussies are not like the American Idiots
D
Deleted member 118
Guest
I said close green today not fucking greenDropped to 95c and recovering well. Maybe close today over $1 again
Wags
Regular
Ethinvestor
Regular
As I said yesterday BRN is a good buy short, medium and long term the last two days remember in bearish markets there are stocks that go up… and technical analyst shows it before it happens if you know how to read it. it is very rare when i will post but my hit rate is worth watching and for short medium and long term to be bullish at the same time even more rare…
remember in bearish markets there are stocks that go up… and technical analyst shows it before it happens if you know how to read it. it is very rare when i will post but my hit rate is worth watching and for short medium and long term to be bullish at the same time even more rare…
Fullmoonfever
Top 20
Further to prev charts above & link below:
Technical Analysis
Could see a good Green Day today @Fact Finder and a belated That image is enough reason not to make it to the next one. Visually very disturbing. 😂🤣😞 FF AKIDA BALLISTAaaaa - said as if sighing. Agree though with US recovery looks like a possible green day.
thestockexchange.com.au
Thought post same as end of week with few additional thoughts on the charts.
Indicators / Oscillators bull bias though we did hit that resist area & pulled back as demand couldn't fully crack the supply & can test the BO supp. Early next week will provide further info on what SM may attempt. Nice weekend all.
Some final words in an excerpt from Anna Coulings' book on Vol Price Analysis.
Much more too it but a pertinent section given the fall & recent ranging.
The Accumulation Phase
Before the insiders can begin to do anything, they need to make sure they have enough stock, or inventory, to meet demand. Think of this as a
wholesaler, about to launch a major advertising campaign for a particular product. The last thing any wholesaler would want to do is to spend time, effort and money launching a campaign, only to discover that after a few days there was no more stock. This would be a disaster. Well, funnily enough, it's the same for the insiders. They don't want to go to a great deal of trouble, only to find that they have run out of stock. It's all about supply and demand. If they can create the demand, then they need the supply to meet this demand.
But, how do they fill their warehouses before starting any campaign? This is where accumulation comes in, and just like a real warehouse, takes
time to fill. Naturally it’s not possible to stock a large warehouse with one lorry load of goods. It may take several hundred loads to completely fill, and remember, at the same time, there are goods simultaneously leaving the warehouse. Just as filling a warehouse takes time in the real world, so it takes time in our financial world.
Accumulation then, is the term used to define an 'accumulation phase' which is the period that the insiders go through to fill up their warehouse,
prior to launching a major marketing campaign on selling their stock. So accumulation is buying by the insiders, and depending on which market we are considering, can go on for weeks or months, depending on the instrument being acquired.
Now the next question, is how do the insiders 'encourage' everyone to sell. It's actually very simple, and it's called the media. The news media, in all its various forms, is manna from heaven as far as the insiders are concerned. Over the centuries they have learnt every trick in the book to
manipulate each news release, every statement, natural disaster, political statement, war, famine and pestilence, and everything in between. The
media is an avaricious monster, and demands ‘new’ and fresh news items daily. The insiders simply take advantage of the constant fear and greed which is generated by this stream of news stories, to manipulate the markets, for many different reasons, but not least to shake market participants out of the market.
These are the words of Richard Wyckoff on the subject written in the 1930s
"The large operator does not, as a rule, go into a campaign unless he sees in prospect a movement of from 10 to 50 points. Livermore once
told me he never touched anything unless there were at least 10 points in it according to his calculations. The preparation of an important move
in the market takes a considerable time. A large operator or investor acting singly cannot often, in a single day's session, buy 25,000 to
100,000 shares of stock without putting the price up too much. Instead, he takes days, weeks or months in which to accumulate his line in one or
many stocks."
The word campaign is an appropriate one. Just like a marketing campaign or a military campaign, the insiders plan each phase with military
precision, with nothing left to chance. Each phase is planned and executed using the media to trigger the selling. But how does an accumulation
phase play out? In practice, it goes something like this:
An item of news is released which is perceived as bad for the instrument or market. The insiders grab the opportunity to move the market lower
fast, triggering a waterfall of selling, as they start their accumulation phase, buying inventory at the lowest prices possible, the wholesale price if you like.
The markets then calm as the bad news is absorbed, before starting to move higher, which is largely as a result of the buying by the insiders.
Two points here. First, the insiders cannot frighten everyone too much, or no one would ever buy. If there is too much volatility, with dramatic swings, this would frighten away many investors and traders, which would defeat the object of the exercise. Each move is carefully planned with just enough volatility to frighten holders of stock into selling. Second, the buying by the insiders may push prices back up higher again too quickly, so they take great care in ensuring that inventory is purchased in 'manageable' volumes.
Too much buying, would force prices higher quickly, so great care is taken, and is a further reason why the accumulation phase takes time to
complete. It would simply not be possible to fill the warehouse with just one move lower. It simply would not work because the numbers are too
large. Our simple examples in the previous chapter, were just to introduce the basic principles.
What happens next is that anyone who survived the first wave of selling is relieved, believing the market will recover and they continue to hold.
After a period of calm, more bad news arrives, and the insiders take prices lower once again, shaking more holders out of the market. As they buy again there is a consequent recovery in the price.
This price action is then repeated several times, each time the insiders accumulating more and more stock for their warehouse, until finally the last stock holders give up, and admit defeat.
D
Deleted member 118
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Todays share price be like
D
Deleted member 118
Guest
Build-it
Regular
Attachments
D
Deleted member 118
Guest
cosors
👀
I think Stefan Feulner can be proud of his assessment, take a look at the other two srocks:
"BrainChip is working on a real innovation with its Akida technology and is largely past its correction. In the case of Nvidia and Infineon , on the other hand, the technical picture is not yet sending any signs of relaxation ."
Colonel Sanders
Emerged
Fullmoonfever
Top 20
All I'll say is note the 2 areas of interest I marked last week & I'm trusting the retest zone holds which would be a win given wider mkt sentiment at the mo.Further to prev charts above & link below:
Technical Analysis
Could see a good Green Day today @Fact Finder and a belated That image is enough reason not to make it to the next one. Visually very disturbing. 😂🤣😞 FF AKIDA BALLISTAaaaa - said as if sighing. Agree though with US recovery looks like a possible green day.
Thought post same as end of week with few additional thoughts on the charts.
Indicators / Oscillators bull bias though we did hit that resist area & pulled back as demand couldn't fully crack the supply & can test the BO supp. Early next week will provide further info on what SM may attempt. Nice weekend all.
View attachment 5770
View attachment 5771
View attachment 5772
Some final words in an excerpt from Anna Coulings' book on Vol Price Analysis.
Much more too it but a pertinent section given the fall & recent ranging.
The Accumulation Phase
Before the insiders can begin to do anything, they need to make sure they have enough stock, or inventory, to meet demand. Think of this as a
wholesaler, about to launch a major advertising campaign for a particular product. The last thing any wholesaler would want to do is to spend time, effort and money launching a campaign, only to discover that after a few days there was no more stock. This would be a disaster. Well, funnily enough, it's the same for the insiders. They don't want to go to a great deal of trouble, only to find that they have run out of stock. It's all about supply and demand. If they can create the demand, then they need the supply to meet this demand.
But, how do they fill their warehouses before starting any campaign? This is where accumulation comes in, and just like a real warehouse, takes
time to fill. Naturally it’s not possible to stock a large warehouse with one lorry load of goods. It may take several hundred loads to completely fill, and remember, at the same time, there are goods simultaneously leaving the warehouse. Just as filling a warehouse takes time in the real world, so it takes time in our financial world.
Accumulation then, is the term used to define an 'accumulation phase' which is the period that the insiders go through to fill up their warehouse,
prior to launching a major marketing campaign on selling their stock. So accumulation is buying by the insiders, and depending on which market we are considering, can go on for weeks or months, depending on the instrument being acquired.
Now the next question, is how do the insiders 'encourage' everyone to sell. It's actually very simple, and it's called the media. The news media, in all its various forms, is manna from heaven as far as the insiders are concerned. Over the centuries they have learnt every trick in the book to
manipulate each news release, every statement, natural disaster, political statement, war, famine and pestilence, and everything in between. The
media is an avaricious monster, and demands ‘new’ and fresh news items daily. The insiders simply take advantage of the constant fear and greed which is generated by this stream of news stories, to manipulate the markets, for many different reasons, but not least to shake market participants out of the market.
These are the words of Richard Wyckoff on the subject written in the 1930s
"The large operator does not, as a rule, go into a campaign unless he sees in prospect a movement of from 10 to 50 points. Livermore once
told me he never touched anything unless there were at least 10 points in it according to his calculations. The preparation of an important move
in the market takes a considerable time. A large operator or investor acting singly cannot often, in a single day's session, buy 25,000 to
100,000 shares of stock without putting the price up too much. Instead, he takes days, weeks or months in which to accumulate his line in one or
many stocks."
The word campaign is an appropriate one. Just like a marketing campaign or a military campaign, the insiders plan each phase with military
precision, with nothing left to chance. Each phase is planned and executed using the media to trigger the selling. But how does an accumulation
phase play out? In practice, it goes something like this:
An item of news is released which is perceived as bad for the instrument or market. The insiders grab the opportunity to move the market lower
fast, triggering a waterfall of selling, as they start their accumulation phase, buying inventory at the lowest prices possible, the wholesale price if you like.
The markets then calm as the bad news is absorbed, before starting to move higher, which is largely as a result of the buying by the insiders.
Two points here. First, the insiders cannot frighten everyone too much, or no one would ever buy. If there is too much volatility, with dramatic swings, this would frighten away many investors and traders, which would defeat the object of the exercise. Each move is carefully planned with just enough volatility to frighten holders of stock into selling. Second, the buying by the insiders may push prices back up higher again too quickly, so they take great care in ensuring that inventory is purchased in 'manageable' volumes.
Too much buying, would force prices higher quickly, so great care is taken, and is a further reason why the accumulation phase takes time to
complete. It would simply not be possible to fill the warehouse with just one move lower. It simply would not work because the numbers are too
large. Our simple examples in the previous chapter, were just to introduce the basic principles.
What happens next is that anyone who survived the first wave of selling is relieved, believing the market will recover and they continue to hold.
After a period of calm, more bad news arrives, and the insiders take prices lower once again, shaking more holders out of the market. As they buy again there is a consequent recovery in the price.
This price action is then repeated several times, each time the insiders accumulating more and more stock for their warehouse, until finally the last stock holders give up, and admit defeat.
Frank Zappa
Regular
Retail is being cut and plucked and transported to you for sale as dinner boxes
stuart888
Regular
Yeah, a nice positive day here in the USA. Realistically, the volume of 21,500 x .79 = $17,000 is all that traded here today. BRN is where the institutions buy. At this point, not many regular folks over here have a clue about this rising star. Later, this is going to be a huge catalyst.
I feel very fortunate to have jumped on the 1000 eyes bus. I actually bought Brainchip the first few times, long before I ever found this wonderful group. Now I am triple bullish. Thanks to everyone.
I feel very fortunate to have jumped on the 1000 eyes bus. I actually bought Brainchip the first few times, long before I ever found this wonderful group. Now I am triple bullish. Thanks to everyone.
D
Deleted member 118
Guest
Should see green finish today with the Nasdaq lower overnight
Fullmoonfever
Top 20
Only time for quick couple charts snipped earlier as per prev post above.
Try post EOD later if chance.
The 3 hrly is one I'm liking action on...shows battle still into that resist area but rising lows recently.
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