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We are going to add to our long position in Bank of America (BAC, $30.37)
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Bitcoin trying to take a stand against the bears….
Many of you have heard about the Wyckoff Method of Technical Analysis. In the early 1900’s, Mr. Richard D. Wyckoff was a pioneer in reading of the tape, and including volume analysis in his chart studies. Many of Wyckoff’s basic tenets have become de facto standards of technical analysis that we use today. The concept of accumulation/distribution and the supremacy of price and volume in determining price movements are examples. With that in mind, lets …
We want to sell short the long U.S. Dollar ETF (UUP, $25.25)
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On WING you need to liquidate at the market, or raise stop, or be prepared to sell on any type of negative action.
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Wyckoff Wave and Components Technical Analysis 9/6/18
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Wyckoff Wave and Components Technical Analysis 8/9/18
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Raising sell stop on WING to $54.50. Upside Objectives $69+
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Wyckoff Wave and Components Technical Analysis 8/1/18
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Buy Bank of America, (BAC) at Monday’s opening. Sell Stop at $27.65
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Wyckoff BUY mentioned on CNBC today for Bitcoin
We had been talking about Bitcoin rallying strongly today through $6,800 and it quickly went to $7,400 today. Tom Lee mentions Wyckoff at 4:48 https://youtu.be/yxxgBJUcu18