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04/17/2024 Live Update

Posted: Wed Apr 17, 2024 8:47 am
by Cobra
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Could be a double bottom (attempt) here but personally I read the current congestion area as a consolidation therefore more likely to continue down.

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Re: 04/17/2024 Live Update

Posted: Wed Apr 17, 2024 9:58 am
by BullBear52x
Dip buyers are cautious, so are the sellers. reversal price action search. so far so good on the oversold bounce overnight, can it sustain? very weak right now. weak source.

Re: 04/17/2024 Live Update

Posted: Wed Apr 17, 2024 10:17 am
by Cobra

Re: 04/17/2024 Live Update

Posted: Wed Apr 17, 2024 10:18 am
by Cobra
It's a morning hourly filled black bar
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Re: 04/17/2024 Live Update

Posted: Wed Apr 17, 2024 12:03 pm
by Cobra

Re: 04/17/2024 Live Update

Posted: Wed Apr 17, 2024 12:56 pm
by BullBear52x
Swing setup: no change, selling to continue, rip will be sold.
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Intraday: new swing low, it is bearish, brutal from the get go.
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Internals: bearish bias. the search for the bottom continue......Peace!
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Re: 04/17/2024 Live Update

Posted: Wed Apr 17, 2024 1:24 pm
by Cobra
Now is the bear's last chance to make a 2nd leg down.

Re: 04/17/2024 Live Update

Posted: Wed Apr 17, 2024 3:38 pm
by Cobra

Re: 04/17/2024 Live Update

Posted: Wed Apr 17, 2024 3:51 pm
by Cobra

Re: 04/17/2024 Live Update

Posted: Wed Apr 17, 2024 3:52 pm
by Cobra
Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449387