U-SHAPE TECHNICAL ANALYSIS A special method for strong sentiment stocks ($AMC/$GME) First, I want to say that I recently just discovered this pattern, and only been playing around with it for a couple days, but it did help me see where the price of $AMC has been suppressed. I will continue to develop this method to see where it leads me. I think I can link it back to the standard TA. This reminds me of Laplace Transformation where you use it to convert a derivative or integral into laplace domain, then solving it easier using some algebra, then convert it back to the derivative. This is part of a larger report on my next DD where I use this newly developed TA in order to identify price manipulation ( I call it suppression) in order to finally link what we all suspected about using options to short the stock and using the dark-pools to hide them. Yeah, I know “technical analysis doesn’t work on manipulated stocks” I’d like to offer a different perspective. Yes, TA is not perfect it is not mean to predict the future, but it tells you a story; what people are thinking, how people react(fear/greed), TA gives you a slight advantage by using probability in your favor. I’ve done the standard TA everyone else does. I’ve looked for all kinds of patterns, learned to use a lot of indicators, I’ve tested a lot of patterns, I’ve learned from a lot of different people like Trey, Jamie(tradespotting) and Rocky Outcrop on YouTube. I’ve tried a lot of them, I’ve tried my own theories(lots of fails here) but get ready to be mind-blown just like I was when I realize this….ready? There are only two major types of patterns!!! BOOM! Everything else is derived from these two patterns! thesis: Human emotions(fear and greed) are the strongest force that moves the stock price up or down. (Let’s assume this to be true for now) Of course, there are other factors, but fear and greed seem to be the most prevalent that shows itself to you. Ok, here are the two patters, I’ll give them a name… Pattern 1: U-shape pattern(bullish), and its opposite side of the coin reverse-U-shape(bearish) which is actually just regular U-shape just flip the whole chart upside down. I’ll be using $BA as a controlled example for a non-suppressed stock so you can see how these two patterns behave in a normal stock. This will help us identify where the suppression of the stocks take place. Pattern 2: Megaphone of death and its archnemesis Megaphone of life. Just flip the chart along y-axis.(derived standard patterns from the megaphone are ascending/descending triangle, symmetrical pattern, pennant, bull flag, wedge) Figure 1. Everything is derived from the U-shape bullish pattern Figure 2. You can see some of the other standard patterns in technical analysis. Note: I used HEIKIN ASHI candles, otherwise it’s hard to see the U-shape pattern with regular candles. (1hr candles) $BA Look at figure 2 and try to look for those u-shapes. It’s everywhere some very small some big, some hard to find. Some are nested U-shapes within U-shapes. Figure 3. If you use regular candles(1hr) $BA Figure 4. Supply vs demand. Emotions are high entering the Megaphone of death hence high volatility followed by consolidation then into the Megaphone of life where the new price discovery occurs. The more the price gravitates towards the green exponential inside the bullish zone, the more likely it will shoot to the upside after taking the previous high. Also, it seems that if price breaks inside the green U-shape the stronger the signal to the upside is relative to the white consolidation line 5.) $AMC PREDICTION(preliminary prediction, need to test other stocks in real time) I made this last night on Sunday. It seems the price wants to reach that purple asymptote as of right now July 26, 9am PST Will see how this prediction plays out. Like I said its work in progress. Here’s my reddit handle. I can’t post anything because of low karma. Let me know if you guys would like me to go more into depth into this new TA. Also keep an eye on my next DD called How big “C” Algo works https://www.reddit.com/user/these-illustrator-13
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