Dan Fitzpatrick@DanFitzpatrickThursday's initial volume surge followed by Friday's price continuation confirms big money is actively accumulating Lumentum $LITE . Holding above daily VWAP support during Friday's afternoon trading proves buyers were defending their positions rather than letting a breakout fail
Dan Fitzpatrick@DanFitzpatrickWhen the Dow punches through to new historic highs while broad benchmarks like the Nasdaq and S&P take a breather, it is easy to start chasing momentum. But buying extended leaders during index divergence is usually where traders get chopped up. Dan Fitzpatrick warns that even
Dan Fitzpatrick@DanFitzpatrickWhen a monster runner like Palantir $PLTR enters a prolonged sideways resting phase, it is often a sign to take profits and reallocate capital. Meanwhile, institutional selling in AMD $AMD is creating the kind of counter-trend backdrop where disciplined technicians step in on
Dan Fitzpatrick@DanFitzpatrickA breach of a major level like the 50-day SMA is often just a liquidity grab engineered to flush retail stops into institutional hands. $ORKA printed a high-volume hammer candle after rebounding 7.5% off its low, signaling a classic Wyckoff spring setup as big money absorbs
Dan Fitzpatrick@DanFitzpatrickClearing a multi-month base on strong earnings guidance resets a stock's technical landscape. Since breaking its gap ceiling below $155.00, Okta $OKTA has tacked on over 30% without looking back to test support, proving institutional buyers are aggressively absorbing supply.
