$Okta Inc.(OKTA)$ The bearish volume has been absorbed and turned into accumulation this week. The bull will come any moment now and possibly ride the wave of Santa Rally next week.
$SUPER MICRO COMPUTER INC(SMCI)$ SMCI seems to be hesitating from staying within the range of bearish trendline. There are hedgers expecting it to go to 20s and at least hitting the strong support liquidity at 28.96. But if SMCI fails to close this week, bearish sentiment will end, and expect huge accumulation and rebound.
$MARA Holdings(MARA)$ Impressive. It turns out the shooting star (green candle with long upperwick) was actually an inducement for a breakout setup. The shooting star initially signalled bearish weakness, attracting short positions and creating a false reversal expectation. Instead, price retraced slightly and used the liquidity (stop-losses and pending orders) to push higher, leading to bullish continuation. How to know: BTC still in uptrend (HH & HL), next candlestick after shooting star failed to close below the star's low, and low volume on sell side.
$SUPER MICRO COMPUTER INC(SMCI)$ Looks like a trendline liquidity with short-term bearish continuation. We can also see that yesterday's price fall signals a fail to close (red candlestick with lower wick touching the point of interest at 31.36), indicating further downward attraction. When the trendline intersects with the two points of interests (the orange lines), look for a liquidity sweep supported by high volume & change of character for a bullish reversal long position.
$Advanced Micro Devices(AMD)$ The sad news is that AMD is really going to take off, but we just don't know when. Expect holding for a few months until the next catalyst, perhaps QE.
$MARA Holdings(MARA)$ Can't predict whether MARA will rise or fall, as it hasn't been following BTC's movement. Nonetheless, this is my latest take on BTC's trajectory using a 4-hour chart. UPDATE: Potential shooting star emerging and supporting a stophunt. Bearish reversal if close below the shooting star's low ($104704.2). Less likely: price consolidates above this price point and breaks through $106624.62 with strong volume, signalling bullish continuation. It's still within the 7-day liquidity trendline (since 10 Dec) but may require news catalyst for continuation.
$SUPER MICRO COMPUTER INC(SMCI)$ TWO FUTURES Tonight's a turning point. Yesterday, SMCI retraced to just above RSI Swing Indicator with 200 EMA, setting up a potential support line at $36-38 that targets a breakout to $60. But this possibility hangs on the thread of NASDAQ100 annual reconstitution today, with the potential for delisting. Been seeing various interesting comments. Here's my take. SMCI has two possibilities: 1. NASDAQ100 not delisted. SMCI takes off to $60, beforw retracing to $46 to form a new support line for another rebound. Action: no delisting => sell at $55-60 and accumulate when it retraces to mid-$40s. 2. NASDAQ100 delisted. Sends shockwave down to $20s. Expect short-term drama, insignificant compare