HOME Swing

 



HOME solid setup. TLB + BO + short float at 12% + retest and hold of old big bo levels + anch vwap under price from major highs + failed break lower + MA coil + above avg vol day before. A+ trade I want big. 

Strong open, market not great in pre market but overall ok for now. 

In on pop above prev hi. 

Great ORB with market strength, added on break. 

Trended nicely higher afterwards to fib 50% 

Already put in 1ATR 15 minutes into the day. Clearly in play. 

Making borderline para move into 18 + top rising wedge TL + .5 fib retrace + 2ATR move  I will take off some here Have to, no way not too with this fast of a move this quick. 

Cut half as it finally has some momo lower. Looking to put it right back on at vwap or another bullish setup. 

Found that bottom stop real quick, have to wait for more pb. Feels like it still needs it, cant chase back in yet. 

Market just collapsed. HOME all the way back to under vwap, saw big vol increase and that was my back in. 

Market not making me happy, not happy sitting in this with this much weakness. Not good, wont sit through it, taking win. 

And it did recover some back above range high. I am back in, but with smaller size than original.

2nd day

Lost TL into prev close htf zone. Sold off all day finally seeing a bottom. May get out if doesnt really improve. 

If does improve, is good spot to add again on failure lower. 

And did add, nice hidden sell range break into TL break higher. Seems like failed breakdown I like it. 

Closed strong breakout from triangle into vwap. Looks good with failed breakdown of TL. might be in trouble though, big doji. Holding still. 

Sold another as market dumped and we followed. Over extended + failed bo + TL break, why hold size. 

gap and sell day, held ok though, in channel. Out if we break lower and hold

3rd

Added as we reclaimed HTF zone and made flag. Bo to upside. Trended higher all day and closed at prev hi. Seems like more to go. 

4th

Coiled all day. Had nice pop but gave it up towards close and closed near LOD. We broke a major TL and making a falling start doji, not a great sign. Will be out under lo.

5th

Just keeps going. Top right at major bo level. Vol still growing, maybe a lot of momentum to power through for big last take. 



Weekly just looks ridiculous

6th

Inside day. Not that weak. Is in a good add spot. Will judge for it

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