I saw a video a while back that explained a general rule: price up + volume up = buyers & price down + volume up = sellers. The video didn’t mention IV, which I suppose could better estimate buys/sells of a specific contract.
Any validity to the claim? And does anyone know of a better estimate?
HighLowTicker V1.0.1 is live.
try it here: HighLowTicker
Please do share your thoughts, questions and comments, love hearing from this sub especially since we are all like minded in looking for that intra-day edge!
Ryan cohen just made a great point on Fox News. eBay has no inventory, minimum assets yet they have an operating expense of 5.6 B.. over 50% of revenue going to op ex!!!
The only thing I’m unsure about is the ownership angle. He said they have 9B on the books and 20B from td. The other half comes from stock, so does that mean what I think it means or will the dilution kill any chance at another GME run up?
Anyone take a more aggregate approach instead of watching a single stock? With tick data every print hits the screen it massively helpful for finding quick scalpers
I recently built this tool to help me gauge intraday market dynamics. It really helps with accumulation and distribution + gauging market direction on those retracements mid session. More info on my profile, but here are a few new features I’m excited to get your feedback on:
Ticker tape summary: shows a summary over each timeframe of the top two names consistently making new highs and new lows extremely helpful for weeding out the noise and focusing on high momentum plays.
Analytics table: reads live five minute new high new low rates versus the rolling in session baseline the Z score shows you how unusual the activity is while the momentum shows if the move is still accelerating or if it fades
The rate bars tell you the current velocity the market is moving at and in which direction it’s moving forward
Highlighting colors are simple, yellow for first table entries orange for consecutive hits, pink for volume spike purple for a significant price change and green and red for 52 week highs and lows, respectively
Massive broker connection updates for API access. I’d probably recommend tasty trade trade a year or Schwab (no affiliation)
