I think this may see a pump and dump affect in the coming trading weeks just purely based on Wyckoff accumulation theory at this point.
As it's a relatively new stock, a 12 month VWAP (the biggest available anchor) shows the stock to be at the bottom end of the support.
So with that in mind + the accumulation example shown, it should fire to the upside.
Will do a little more analysis in the near future to work out how its Wyckoff patterns - and general fractals/historical data - tend to form for a more conclusive idea (see my other posts to see what I mean - they can form on slants, some phases bigger than others, etc.)
From a fundamental standpoint, it's experienced a significant decline in afterhours trading following the release of its latest earnings report.
Although the company posted revenue and earnings that exceeded expectations, its future outlook didn't meet market predictions.
The company's guidance for fiscal year 2025 was lower than anticipated, leading to doubts about its growth trajectory.
These factors, combined with broader concerns about the potential slowdown in the AI sector, prompted a rapid sell-off tonight.
If I see this pump happen, I will definitely be considering jumping on short duties for a quick midterm play.
Thoughts?
As it's a relatively new stock, a 12 month VWAP (the biggest available anchor) shows the stock to be at the bottom end of the support.
So with that in mind + the accumulation example shown, it should fire to the upside.
Will do a little more analysis in the near future to work out how its Wyckoff patterns - and general fractals/historical data - tend to form for a more conclusive idea (see my other posts to see what I mean - they can form on slants, some phases bigger than others, etc.)
From a fundamental standpoint, it's experienced a significant decline in afterhours trading following the release of its latest earnings report.
Although the company posted revenue and earnings that exceeded expectations, its future outlook didn't meet market predictions.
The company's guidance for fiscal year 2025 was lower than anticipated, leading to doubts about its growth trajectory.
These factors, combined with broader concerns about the potential slowdown in the AI sector, prompted a rapid sell-off tonight.
If I see this pump happen, I will definitely be considering jumping on short duties for a quick midterm play.
Thoughts?
注释
CORRECTION: there might be other VWAP anchors available with different VWAP indicators, I just use 2 and they both offer 12 months, and then the next option is a decade which doesn't show anything, so if anyone does have a more specific one (2 years, 3 years, 18 months, whatever) let me know because it might shed some light :) 免责声明
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
