WebBegole

WebBegole Updated  Mar 15, 2024

HashiCorp (makers of Terraform, a powerful way to manage and move cloud infrastructure) is moving into bullish territory at the end of this week and potentially looks to trigger the Bullish 80% Rule for the year as a result. I

WebBegole Mar 4, 2024

TOST broke out above value at the end of last week, and is triggering a long as a result with the target being the Monthly VPOC at $35.05. With a stop just inside of value for the year this represents a risk/reward ratio above 5.

WebBegole Updated  Mar 4, 2024

"NAND flash prices are expected to increase by as much as 50 percent in the short term, which will eventually result in more expensive solid-state drives." www.techspot.com This week, WDC broke out above value for the month and is looking to target the next upside monthly VPOC at 59.69. Should the strength continue (and by the sounds of things it will), look...

WebBegole Updated  Mar 2, 2024

Bitcoin trading now above value for Feb, with high volatility expected for the entirety of 2024. Given monthly VPOC ahead at 57464, there's 20% in this trade, with a stop inside of value for the month, r/r >3

WebBegole Feb 1, 2024

After yesterday's FOMC announcement of unlikely cuts in March, the USD vs the EUR reached new highs tagging the VPOC left over from December. VPOCs act as market magnets, now that it is "gone" there could be some relief in the USD strength. However, the USD remains in a bullish trend 80% rule for all of 2024.

WebBegole Jan 12, 2024

For me it's important to keep a macro picture in mind to set the context around my trading. What is going to drive everything this year is what happens to the USD. Will the FOMC cut rates? Is the economy as strong as it seems? Are things shaky under the surface? No matter what happens in the US economy, it'll be caught by this chart. You could use the...

WebBegole Jul 8, 2023

So much to talk about in 1 chart! NYSE:KO , 5min At 3:15pm Friday, we finally broke value for the week, then month, and year, down to take out two VPOCs (weekly and daily). Great example of how price obeys #MarketWebs across timeframes!

WebBegole Jul 7, 2023

VPOCs act as magnets for the market. They are where price and volume were most active in the past and the market remembers these levels. Often price will reverse from tagging these levels. They're great for trade targets or for trade entries with limit orders.

WebBegole Jul 6, 2023

As RIVN tries to break into value for the year (above $20) it signals the 80% rule meaning there's an 80% chance that it goes to the top of value ($52). Representing more than 100% gain potential in the name. Will keep watching for a hold of the bottom of value.

WebBegole Jul 4, 2023

BTCUSD trading above value for the month of July represents bullish auction mode, with top of value for the year being up at 36.6k, there's 18% reward to be gotten with just 3-5% risk if price were to reenter value for July.