Technical Analyst - Velocity, Divergences and Pullbacks

Joined August 2022
1,690 Photos and videos
$SHOP popped up on my Velocity screener today. The 24H velocity is forming a higher low on the 200DMA, and price is sitting right above its original IPO trendline. This would be the 4th time it’s tested this area. Not chasing it, but it’s now officially on my watchlist. Anyone else been looking at SHOP lately?
1
110
$ASTS Update I know a lot of bulls have been through the wringer with this name, so I’ll be straightforward. We came close to hitting the measured move to $113, but it only reached $105. I’m now seeing signs of a potential Head and Shoulders pattern forming, with the right shoulder still missing. More importantly, price has lost its original uptrend line, which is heavily shaping my current bias. If the right shoulder forms, we could see one more push toward the $120–$121 zone (which may line up with the $SPCX hype). However, if that fails and the pattern plays out, there’s a real risk of a deep and painful retracement lower. Above $120, I still see significant room for upside. My biggest concern is what happens to ASTS once $SPCX raises capital and the initial hype fades. There’s a possibility of distribution happening underneath. This isn’t financial advice, just something I want bulls to be aware of. Do you have a plan if ASTS retests the $120s? 😳
$ASTS Update Down 30% in under two weeks… just days away from the massive $SPCX hype IPO launch on Friday. Bulls and bears can all agree on one thing: this thing is OVERSOLD as hell. Relief bounce is LONG overdue 😭 Someone asked me why all my charts are ABCs lately… because that’s literally all I see right now. We’re sitting at $85 in after-hours (exactly what we called last post). I think we tag the golden pocket at $82, then bounce HARD back toward $113 for a nearly 40% rally, forming a double top / lower high. Then the final C-leg lower with the measured move to the meme target $69.42. 24H Velocity already hinted this entire move was a counter-trend rally off the lower low. If we hit $69.42, the next bounce is my first PT at $200. $82 the manipulation low before the rip… or does the pain continue? Drop your take👇
1
508
Show of hands, how many of you have completely tuned out the noise around Iran vs USA? ✋ I’m still hopeful both sides can come to an agreement, but let’s be real… Fool me once, shame on you. Fool me 29 times… shame on who? 😂
1
199
One of the strongest edges Velocity can give is spotting exhaustion through divergences. When price makes a new high or low but velocity fails to confirm it, it often signals that buyers or sellers are running out of steam. These moments frequently create high-probability reversal setups, usually right when most traders expect the move to continue. Here’s a simple example of what that can look like: How many people on your feed were calling for $BTC to crash right as it was putting in a bottom?
1
4
229
$RBLX popped up on my Velocity screener this morning. It’s down 75% in under a year with no real relief bounce yet. The 24H velocity is starting to form a higher low on the 200DMA, which is interesting. Still early, but it’s now on my radar. Not actively watching it yet though. Anyone else been looking at RBLX lately?
2
207
$NIO Update: I'm switching to Team Squeeze 🍋🍋🍋 Watch my bonus weekend video to hear my thoughts 👇 youtube.com/watch?v=OQkUhC_Q…

3
20
1,068
Today’s Velocity theme: A lot of names on my new screener are not screaming at me to buy. My older screener is finding all sorts of setups. The trick for me is trying to find setups today that are still near support-Kind of like $NIO😍
9
839
I’m making a small shift with my content. I’ve been trying to track and update too many charts at once, and honestly, it’s made things feel diluted. Going forward, I’m scaling it back. The focus will be more on my Velocity screener, timely setups, and cleaner follow-through on the names that actually matter. Fewer charts. Better timing. Cleaner updates.
1
21
795
$OKLO I know a lot of bulls have been waiting patiently on this name, so I’ll be straight with you. Zooming out, this looks like a Head and Shoulders pattern. There’s an argument that the right shoulder hasn’t been completed yet, which could give bulls one more rally up toward $93. However, if that rally fails, I think we could see a much deeper move lower, potentially into the low $20's. I don’t usually lean this bearish, but that’s what the chart is showing me right now. Short term I see a relief rally up to $66. ♥️ if you’re still holding and hoping for that right shoulder rally 👇
2
5
1,861
Im good with companiesndoing equity raises as long as it helps build up the company long term investments and assets
895
I discovered doing further analysis, that I am not bullish enough on the possiblity that the bottom might be in on $NIO. Might make another video and drop it tomorrow explaining why.
Good Morning $NIO Fam ☕️ NIO showing signs it might be ready to 🛩️ We’re still in what looks like countertrend territory though, so I broke down two very different paths: Are you team Squeeze… or team Rug Pull? Watch the full breakdown here 👇 youtube.com/watch?v=YYzsFOuk…
4
37
3,212
$SNAP Alright Bulls, Things are probably going to stay choppy for a little while until we find a bottom. Good news: A relief bounce is overdue as we approach $5.0. Bad news: That bounce will likely be short-lived, and I think we see one final flush down into the golden pocket around $4.68. Good news though: Once we finally bottom there, SNAP should be set up for a much larger move higher. Because of all the chop and delays, I’ve raised my first target from $7.50 up to $8.32. Drop a ♥️ if you’re still bag holding and waiting for your recovery
1
4
754
$POET My first target remains $30, but there’s still some noise and chop to work through first. The $10 bottom held nicely, but we’re now approaching $14 resistance. The lower low on the 1H velocity suggests we could get rejected here. If that happens, I think we see one more shakeout back down toward $10 (where the original uptrend line sits) before the real move higher begins. Once that shakeout is complete, I still see $30 as the next major target. What’s your take on POET right now?
1
3
784
$GOOG I love the fundamental story, but I’m all about what the chart and velocity are saying. The 24H velocity is still missing that impulsive move higher. $370 is only $12 away and sits right at resistance. If we fail to break out above $370, I think we could revisit the original uptrend line down toward $326. Am I crazy for thinking GOOG could get that low? Tell me I’m crazy 👇 That’s what the chart is showing me.
1
4
407
Good Morning $NIO Fam ☕️ NIO showing signs it might be ready to 🛩️ We’re still in what looks like countertrend territory though, so I broke down two very different paths: Are you team Squeeze… or team Rug Pull? Watch the full breakdown here 👇 youtube.com/watch?v=YYzsFOuk…

2
37
6,205
$BMNR Okay Bitcoin Bulls, I know a lot of you are hurting right now, so I’ll be straight with you. It does look like BMNR put in a decent bottom around $15 alongside Bitcoin. If Bitcoin can battle back up toward $70k, we could see a gap fill up to $22. That said, velocity is showing this next move higher as a countertrend rally. Once it’s done, I’m expecting a deeper retracement down toward $13.70. The good news though, once we finally put in that bottom (which could line up with Bitcoin around $50k), I can see a strong 180% move up to my first target at $38. How are all the BMNR Bulls feeling right about now?
1
6
1,558
$HOOD Update There’s a ton of FinTwit piling into this name right now, including a big insider buy. It almost feels too obvious. Velocity is showing this entire upside move as a countertrend rally fueled by hype and chasing. I’m expecting a deep retracement from here, with $78 being the level I’m watching. A lot of people who bought the $93 area could get shaken out. My first target remains $130, but I think we tag $78 first. What’s your take on HOOD right now?
1
424
$RIVN Completing a deep retracement that we called out on prior updates. Up 6% today and it’s pushing toward a retest of $17. Looking at velocity and how big the original move was, I think there’s still one more leg lower coming. I’m watching for a move back down to retest the original uptrend line around $13.28 before any real bullish move can start. My first target remains $21.50 once we put in that bottom. Thoughts?
1
1
935
Refining my screener again, trying to play around with new settings vs old settings. Its a bit of a project. Today ill be behind on charts, will get to them tonight or tomorrow
3
520