Option Millionaires

[FAT STAX]

TERN Short-term MTF Breakdown:

Legend:

Blue bars note the activity of institutions & algos.
Yellow bars with "R" below note heavy pockets of retail sell chasing activity, and vice versa for yellow bars with "R" above. They are called RAMBO price patterns: "Reversal of amateur breakout."
Horizontal lines of varying thickness: Notable pivots, the thicker the more important.
Green Background: Demand Zone/Support area
Red Background: Supply Zone/Resistance area
Buy "warning" - print when a key pivot breaks to the upside in a demand zone - shown by timestamped dotted vertical green lines
Sell "warning" - print when a key pivot breaks to the downside in a supply zone - shown by timestamped dotted vertical red lines
Thin red lines: notable trailing stop levels of pro shorts
Thin green lines: notable trailing stop levels of pro longs

Bull flagging after heavy pro accumulation late March to early April. Pro activity over the 100 ema (yellow line) 5/24 & 5/25 on the 1.5K tick followed multiple bullish RAMBOs 5/17 & 5/18 on MTF.

$13.10, just over the 5/11 high is a pro short trailing stop level & breakout tripwire.