In technical analysis, even when multiple indicators like bullish divergence, ABC correction patterns, and oversold RSI suggest a potential market move, the absence of buying volume means the setup is incomplete and the price movement may not occur; volume is the essential factor that validates any technical setup and determines whether a stock will actually move in the predicted direction.
Deep Dive
Prerequisite Knowledge
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Deep Dive
THE SET UP IS THERE✅Added:
morning in today's video, we're going to talk about Jasmy and the support that we're seeing right here and really what's going on with the market because this has been very frustrating and I want to break it down. Now, before we get into Jasmy, of course we got the indicators up here. I want to share this with you guys so that you are locked in and you know exactly when to sell.
We had a double top right here. Sell indicator goes off before the falling off a cliff happens, right? This is what we've been talking about all year, falling off a cliff. But before we get into that guys, I want to let you know that on June 1st, I'm raising prices in the Patreon by 20%.
The reason I'm doing this is because we've called a lot of different stocks lately like IONQ which is up over 32% since I made this post and we have another one right here of MU. We first called this at 356. Now it's at 8 Actually, it's over 900 today. This is a post made 2 days ago. So I I post a lot of different stocks and things like that. But let me get one thing clear for you.
My Patreon with over 1200 members right now is not for a day trader. This is really for someone, a mom or a dad that has a job, maybe you run a business, you got kids, you're super busy with life and you want to find some setups where you could buy a stock and hold it. I'm not a day trader, I'm more of a swing trader. Now you get access to all my indicators, everything I share about when I'm buying, when I'm selling. I want to make this as simple as possible for you. So if you're interested, make sure you join before June 1st in like 2 or 3 days because I will be raising prices by 20%. But of course all the members that are already with me, I never increase prices for you. So lock in today, the price will never go up for you as long as you want to be here, but they will be going up for new members on June 1st, 2026.
Looking at Jasmy.
We've talked about this 1 2 3 4 or 3 4 5 ABC correction, perfect setup for the next leg higher. Maybe a five-wave count like 1 2 3 4 5. Okay, price target of 8 to 9 cents. It's what I've been sharing with you guys for quite some time. We have bullish divergence right here that we've seen. Okay? This is a good sign.
JASMY on a weekly time frame has never done bullish divergence. So, this is just a bullish thing. You can look it up if if you have no idea what it means. It is just a technical thing that tells us it's time to be bullish. Right? But, why is it still being held down? It's very clear, guys, why this is still being held down today. And I want to make sure everyone understands what I'm about to share with you because if you start to understand what I'm about to tell you, then you will start to understand when you should be buying different stocks and crypto.
And it's all based on this alone. You could have the bullish divergence form.
You can have an oversold RSI.
You can have a stochastic bottoming out.
You can have a MACD about to cross bullish. But, if you don't have this one thing I'm about to say, then none of it matters. Okay? The one thing you need is volume.
And you can see right here that there is no buy volume for JASMY.
Every time JASMY has had a big move, right? Big move like this.
Volume. The yellow is buy volume.
Big move like this. Volume, right? This is what we need to see. Volume. Huge move right here. Over 400% return in a matter of a month.
Volume, guys.
That's all we need. The setup is there.
Let's get one thing straight. The setup is there. We have the wave count. We have the ABC correction. Of course, it's not financial advice, not financial advice, they're all my own opinion.
The setup is there, though. The only thing we are missing is volume.
So, the question is when is the volume going to come in?
I don't know. No one does.
But, I will say this from what I've studied and what I've seen in the past, when news comes out with a good setup though.
Like news could be posted about a company and it's not a good setup like this. Doesn't matter. But, when you have a good setup like this, which we do, ABC correction, bottoming pattern A here.
News comes out.
Volume comes in.
So, I'll be watching closely for any news about Japan, about Jasmy, anything like that because this will run up very fast, okay? When it does. Like it did back in the day.
We'll see you guys on the next one.
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