$MRLN what the shorts don't realize is that PA completed a Darvas box consolidation on the 3Hr 😎
MACD marching upwards, showing that the uptrend is gaining strength
$MRLN is TOUGH to track by TA but I'm not deterred. HIGHLY shorted >31%
PA is consolidating/basing on the 3Hr
30min accumulation steadily trending up. Price undercuts and recovers into the base
Price likely to break above EMA after completing its consolidation / base
Once price is above EMA, buyers will enter due to strength
@ShawarmaCapital@MRLNFlightClub
$AMPG shorts aren't wrong, the candle structure and volume told the story. Explained it on Sunday. I wouldn't be surprised if price dropped another 18%
$AMPG is 🔥 right now, but am I the only one to take the contrary view that it's head down this week? The tell is in the candle structure, selling volume and the poor closes the past 3 sessions?
Will leave this here and return at the end of the week to check results of my analysis
@edismondeo I wouldn’t look to enter $AMPG until PA starts acting constructive. The problem right now is the left side of the chart that’s booking their profits
$MRLN said on Saturday to 👀 break above 7.10, which is where pre-market is at right now. >31% short and PA can explode if there is enough volume/pressure
@JB_Invests So that is my take. On the flip side, $AMPG bull case is support at 7.59 and undercutting to 7.23 sets up a short trap to launch into the next price discovery
@JB_Invests I'm not bearish and I truly think AMPG chart looks fantastic. But when you focus on the chart alone, take out all the fintwit noise, news, etc the price action tells the story itself and this is what I pay close attention to. Volume alone tells you that buyers have peaked
$MRLN agree that #physicalAI will be a leading theme after you focus changes from AI build out
Theme > fundamentals and MRLN is positioned perfectly
Verification is the gateway and the moat will be extremely wide though passing military spec
On a different note, the PA is changing character and a new uptrend is gaining momentum
Here my break down of the recent PA
https://t.co/kIe2s3MMbg
$MRLN is TOUGH to track by TA but I'm not deterred. HIGHLY shorted >31%
PA is consolidating/basing on the 3Hr
30min accumulation steadily trending up. Price undercuts and recovers into the base
Price likely to break above EMA after completing its consolidation / base
Once price is above EMA, buyers will enter due to strength
@ShawarmaCapital@MRLNFlightClub
$MRLN breaking 7.10 sets up a run
What is the target? Anchored volume weighted average price (aVWAP) @ 8.90 Why? Intersects precisely at CDR announcement. A break above aVWAP means that buyers are in profit = less selling pressure. Price may consolidate here after a 30% run.
Another significance of breaking above aVWAP is that PA would have completed a consolidation, which means that the transfer of shares to buyers will decrease supply and drive up the demand @MRLNFlightClub
$MRLN is TOUGH to track by TA but I'm not deterred. HIGHLY shorted >31%
PA is consolidating/basing on the 3Hr
30min accumulation steadily trending up. Price undercuts and recovers into the base
Price likely to break above EMA after completing its consolidation / base
Once price is above EMA, buyers will enter due to strength
@ShawarmaCapital@MRLNFlightClub