05/07/2024 Live Update

[Cobra]

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Consolidation overnight which usually means continuation so bias is up.

[Cobra]

Members only update at 9:53 am
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[BullBear52x]

Volume divergence.

[BullBear52x]

Intraday, nothing to see here for bears. Patience, react, don't predict whatever side you are.

[BullBear52x]

Buy the Panic? well, this is when they separate the man from the boys.

[Cobra]

Consolidation, breakout is more likely.

[Cobra]

Members only update at 12:12 pm
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[Trades w 2 Cats]

No idea how much higher this run goes, as it really looks like they turned on the bots to move it up.
But the fancy RSI in the lower panel shows Bollinger tightening as we go through second day of overbought.
Somebody on X was saying they are suspicious because no 80 or 90 % up days so far.

[Trades w 2 Cats]

Third touch breakout

[Trades w 2 Cats]

Failed breakout. Not calling a top yet but the two day channel is broken.

[BullBear52x]

Swing setup: no change, dip will be bought.

Intraday, bullish, red line is key if there will be any changes.

Internals: bullish bias, the market is getting more and more overbought short term, over night holding, beware! Peace!

[Cobra]

Breakdown here would be bad.

[Trades w 2 Cats]

I like 5202 as a target on the volume profile. It is very empty.

[BullBear52x]

Swing buy triggered, new buy new box, make or break. Up and Up and Up from here is needed no failure!

[Cobra]

Members only update at 3:33 pm
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[Cobra]

Members only update at 3:52 pm
http://www.cobrasmarketview.com/2024/05 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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/ ... /533449381