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tothe

07/14/20 11:40 PM

#15480 RE: DiscoveryStock #15450

INQD charts~~~ DiscoveryStock, agree. Talk about certain stop losses were tripped and then, behold, we had heavy buying at close by an Position Trader most likely,,, lets hear it all you Momentum and Swing Traders: were you buyers today? :-) Lower BB pierced and then PPS bounce off MA200. Downward retracement in a primary uptrend setup for a breakout if we can buy another doji tomorrow.
If we start closing below the MA200 I will get the shivers. Trading below the MA200 is considered the graveyard of the pinks and tends to attract shorts like flies to a carcass.
* ChiOsc (MACD of AccumDist) showing an hitch up in the last 2 sessions of declining PPS suggests at least the MMs are accumulating for a run to sell back to us at a higher price. Man, I love oscillators.
* Daily candle pattern setup
http://thepatternsite.com/TriStarBull.html
https://www.swing-trade-stocks.com/swingtrap-chart-pattern.html
chart thread post

http://stockcharts.com/h-sc/ui?s=INQD&p=D&yr=0&mn=3&dy=0&i=p3561776201c&a=646884267&r=1550521699656
http://stockcharts.com/c-sc/sc?s=INQD&p=D&yr=0&mn=3&dy=0&i=p3561776201c&a=646884267&r=1550521699656


5d 15min
http://stockcharts.com/h-sc/ui?s=inqd&p=30&yr=0&mn=0&dy=5&i=p3561776201c&a=646884267&r=1550521699656
http://stockcharts.com/c-sc/sc?s=inqd&p=30&yr=0&mn=0&dy=5&i=p3561776201c&a=646884267&r=1550521699656


15d 60min
http://stockcharts.com/h-sc/ui?s=inqd&p=60&yr=0&mn=0&dy=15&i=p3561776201c&a=646884267&r=1550521699656
http://stockcharts.com/c-sc/sc?s=inqd&p=60&yr=0&mn=0&dy=15&i=p3561776201c&a=646884267&r=1550521699656