Wednesday, September 10, 2025 1:59:44 PM
Yesterdays volume was around 420mil.
Pretending that 100mil on ask is a lot, is
semi delusional.
PSRU weekly ema60 volume is 126mil.
We could close the week today and be happy
with a 3x.
Notice bullish CTM
https://stockcharts.com/c-sc/sc?s=psru&id=p90918778336&p=w&yr=6&mn=1&dy=0&a=2035189627&r=592
Don't know what CTM means? Read below:
CTM Technical Analysis
The Chande Trend Meter (CTM) is a technical indicator developed by Tushar Chande that assigns a numerical score to a stock or other security, based on several different technical indicators across six different timeframes.
This score, scaled from 0 to 100, provides a single measure to identify the strength and direction of a security's trend.
A score of 100 indicates a very strong uptrend, while a score of 0 indicates a very strong downtrend.
The calculation of the CTM incorporates the following components: the positions of the high, low, and close relative to Bollinger Bands across four timeframes (20-day, 50-day, 75-day, and 100-day), the price change relative to the standard deviation over the past 100 days, the 14-day RSI value, and the presence of any short-term (2-day) price channel breakouts.
The resulting score is converted to the 0-100 scale for ease of comparison.
The CTM scale is divided into five levels to interpret trend strength: 90-100 (very strong uptrend), 80-90 (strong uptrend), 60-80 (weak uptrend), 20-60 (flat or weak downtrend), and 0-20 (very strong downtrend).
Momentum traders often look for stocks with a CTM score of 80 or higher, as this indicates a strong uptrend and suggests the trend is likely to continue.
The indicator can be used with stocks, indexes, and ETFs to assess trends in specific sectors, industries, or entire markets.
One key advantage of the CTM is that it uses an absolute scale, allowing for direct, apples-to-apples comparisons between different securities, regardless of their price or volatility.
The indicator can be found in the Indicators section of charting platforms like StockCharts.com and can be displayed above, below, or behind the main price plot.
When displayed above or below the price chart, the background is color-coded to visually represent the trend strength levels.
Momentum strengthens or weakens [as well as rate of change] before price moves.
This is just one indicator of 100's you can use.
I like it because I believe it is objective.
The volume build cannot be perverted.
Accumulation is blatant.
The only question is, "How long till it rallies."
There is no question in my mind it will rally.
I like the upside since I'm in at .0001.
No brainer long.
Pretending that 100mil on ask is a lot, is
semi delusional.
PSRU weekly ema60 volume is 126mil.
We could close the week today and be happy
with a 3x.
Notice bullish CTM
https://stockcharts.com/c-sc/sc?s=psru&id=p90918778336&p=w&yr=6&mn=1&dy=0&a=2035189627&r=592
Don't know what CTM means? Read below:
CTM Technical Analysis
The Chande Trend Meter (CTM) is a technical indicator developed by Tushar Chande that assigns a numerical score to a stock or other security, based on several different technical indicators across six different timeframes.
This score, scaled from 0 to 100, provides a single measure to identify the strength and direction of a security's trend.
A score of 100 indicates a very strong uptrend, while a score of 0 indicates a very strong downtrend.
The calculation of the CTM incorporates the following components: the positions of the high, low, and close relative to Bollinger Bands across four timeframes (20-day, 50-day, 75-day, and 100-day), the price change relative to the standard deviation over the past 100 days, the 14-day RSI value, and the presence of any short-term (2-day) price channel breakouts.
The resulting score is converted to the 0-100 scale for ease of comparison.
The CTM scale is divided into five levels to interpret trend strength: 90-100 (very strong uptrend), 80-90 (strong uptrend), 60-80 (weak uptrend), 20-60 (flat or weak downtrend), and 0-20 (very strong downtrend).
Momentum traders often look for stocks with a CTM score of 80 or higher, as this indicates a strong uptrend and suggests the trend is likely to continue.
The indicator can be used with stocks, indexes, and ETFs to assess trends in specific sectors, industries, or entire markets.
One key advantage of the CTM is that it uses an absolute scale, allowing for direct, apples-to-apples comparisons between different securities, regardless of their price or volatility.
The indicator can be found in the Indicators section of charting platforms like StockCharts.com and can be displayed above, below, or behind the main price plot.
When displayed above or below the price chart, the background is color-coded to visually represent the trend strength levels.
Momentum strengthens or weakens [as well as rate of change] before price moves.
This is just one indicator of 100's you can use.
I like it because I believe it is objective.
The volume build cannot be perverted.
Accumulation is blatant.
The only question is, "How long till it rallies."
There is no question in my mind it will rally.
I like the upside since I'm in at .0001.
No brainer long.
Bullish
