Weekly Charting - 18th May 2018

Welcome to the New Weekend Charting Thread.


Feel free to post any analysis on Individual stock charts, Index charts, Currency charts or Commodity charts.
Traditional T/A, Fibonacci, Elliott Wave, Gann, Wyckoff, or even something more specialised.
Day Trading, Short Term, Swing Trading, Momentum Trading, Position Trading, Longer Term.

Do you have a favourite chart you would like to show others.
Or maybe a particular charting principle you have seen, or would like to learn more about.
Is there a some analysis you want on a particular stock, or instrument.
Ask questions, offer answers, anything to do with charts and chart analysis.
Over the weekend this is a place to share.

enjoy your time in the room.........

No featured chart this week.

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Each week I try to look at a particular charting, trading principle or a Quiz to test your knowledge -

Previously I posted about a Wyckoff principle called springs - click here
and their mirror image opposite called upthrusts - click here
Then I posted about a principle called bullish absorption - click here
Following that was about a VSA principle called End of a Rising Market - click here
and then the mirror image opposite called Bag Holding - click here
Then we considered Looking for Trades at the Edges of Trading Ranges - click here
and two weeks back we looked an example of a Potential Accumulation Zone - click here
We have looked at a VSA principle called Upthrusts - click here
Next we considered what a Serious Supply Event - click here might look like.
We have also looked at another Serious Supply Event - click here
Then we looked at trading and Position Size in particular - click here
Following this I posted some diagrams about Traditional Chart Patterns - click here
Since then we looked at Accumulations Zones - click here
and after that was a discussion surrounding various Wyckoff Terminology and the Wyckoff Schematic - click here
Then we looked at Consolidation - click here
10th November 2017 we had a broad look at Volume - click here
17th November 2017 was the VSA principle of Tests and Testing - click here
1st December 2017 was all about the Shakeout - click here
8th December 2017 looked at Reversals - click here
15th December we looked at a specific type of test the Test in a Rising Market - click here
22nd December was a brief discussion about stop placements - click here
29/12/2017 was about the background of the chart and its influence - click here
02/02/2018 was about Double Bottoms - click here
09/02/2018 was about understanding Price and Price Action - click here
16/02/2018 was about the trading action which may occur prior to Price Changing Direction - click here
23/02/2018 was a Quiz to test your knowledge - click here
02/03/2018 was a Quiz to test your knowledge - click here
09/03/2018 was a Quiz to test your knowledge - click here
16/03/2018  was a Quiz to test your knowledge - click here
23/03/2018 was a Quiz to test your knowledge - click here
29/03/2018 was a Quiz to test your knowledge - click here
06/04/2018 was a Quiz to test your knowledge - click here
13/04/2018 was a Quiz to test your knowledge - click here
20/04/2018 was a Quiz to test your knowledge - click here
27/04/2018 was a Quiz to test your knowledge - click here
04/05/2018 was both a Wyckoff principle called Up Thrust after Distribution (UTAD) and a brief Quiz - click here
11/05/2018 was both an example of Bar by Bar analysis, and a brief quiz - click here


Firstly this week is a little quiz using an intraday chart - 1hr.
The analysis should be the same in any timeframe.
The main question here is - "are you looking for a short entry, a long entry, or elsewhere to another stock for an entry"
Also mark any lines that might be important, both now and possibly in the future.

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Last week I did a little example of Bar By Bar analysis,
this week I would like others to have a go at doing this, as it really makes you think.
You have to look at what actually happened on a particular bar, and the then look to the next bar for confirmation....and then consider that bar and volume.......  If unsure about how to go about it, have a quick look at last weeks example.
Be relatively brief in your answers, but if you need more room add some to below the chart if you like.



cheers