im open to many things, but this is how it could play out. goodluck all!
Gold (June) / Silver (July) Gold, last week’s close: Settled at 2375.0, up 34.7 on Friday and 66.4 on the week Silver, last week’s close: Settled at 28.506, up 0.141 on Friday and 1.816 on the week Gold and Silver futures had a tremendous week last week. Still, they finished Friday’s session on a dull note due to the hotter-than-expected 1-year Michigan...
GME is a runner and its limits have proven to sometimes be non existent. I took a lotto position reference - $29ish. Let's see what happens. I don't care what happens to the money here as it's obviously risky but still feels early. Feel free to watch, no need to take every trade NFA - just putting it out there. ALL OPINION :)
5/13/24 - vrockstar - NASDAQ:CCLD - looked at this last quarter (before i started doing daily write ups) and came to the conclusion of a. would possibly be a buy but b. valuation not obvious. this was in the low $1's. NOW, they missed that quarter. earnings setup looks lightish - b/c if they beat you better believe this runner goes to $3-4 tmr. BUT the higher...
I am going slowly short. SPY should make another leg down this week. Level of interest is 475-470 Lets see what Wednesday will bring, until then we should stay flat. From the lows of 470, we shall do the usual election run. target 548? Ill be updating this idea.
If you haven`t sold GME before the previous earnings: Then analyzing the options chain and the chart patterns of GME GameStop prior to the earnings report this week, I would consider purchasing the 13.50usd strike price Calls with an expiration date of 2024-3-28, for a premium of approximately $1.41. If these options prove to be profitable prior to the earnings...
GameStop shares surged 45% as markets opened on Monday, with Keith Gill, also known as "Roaring Kitty," posting to social media for the first time in nearly three years. Gill was a key driver of the meme stock craze of late 2020 and early 2021, rising to prominence due to his substantial bets on the stock. Gill's enthusiasm over the stock drove the online...
Super Micro Computer Inc. (SMCI) gave us an excellent sell opportunity two months ago (March 08, see chart below) that allowed us to short on time and target perfectly the 1D MA100 (red trend-line on the chart below, green trend-line on the one above): The 1D MA100 has so far held twice successfully but even if it breaks, don't be alarmed as this will most...
5.13.24 Looking for trades in the ES. possibly coffee. There's a chance that oil may move higher. Generally contracted markets are harder to trade than expanded markets... but some traders may feel there's less risk if they stick with the contracted markets... but this is probably not going to be a good way to trade because you want markets that really move...
If you haven`t sold AMC before the APE merger, after which it went down on share dilution: Then analyzing the options chain and the chart patterns of AMC Entertainment Holdings prior to the earnings report this week, I would consider purchasing the 3.50usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.37. If these...
Coinbase reminds me a lot of BNB in the crypto market (2021 days). Coinbase has done remarkably well in the past one year. Earnings were good but investors/traders shunned the stock. The reasoning came down to costs increasing even though revenue estimates were knocked out of the park. The other reason mentioned, I believe this has more merit, Bitcoin prices....
Continuing my analysis by popular demand, next on the list is Cleanspark. This chart is slightly less predictable than some of the other charts we have been reviewing. In particular CLSK has several zones of confluence coming together, however, its tough to guess where this one may bounce. Generally, I like to make a base case using the .618 Fibonacci...
This up move is different, It started with GREEN UMVD and now Green TrapZone is also showing up. Current bars are Gray so we must wait for GREEN Bars to enter when up momentum resumes. If we break both angles going UP , down trend may resume so keep you Technical Tools handy :)
Still waiting for AMD carve out it's B wave of ii. I am still tracking the possibility of this being all we get for ii, but as stated previously, I don't feel that is the case. I would like to see us create a basic 3-wave move up into the target box labeled B before falling again for c of ii. However, B waves seem to be complex more than simple. For this reason, I...
Ascending wedge appears to be drawing to a close here. It has become very shallow and calm in this recent area. Calm tends to arrive before a storm. There are bearish RSI divergences that cannot be seen through rose tinted glasses. Earnings later today could do anything... But right here WULF looks set to roll off the table down and down 👇🏻. Fanboys that...
GME on a weekly chart has clear the chop zone on that indicator and is now above the POC line of the long -term volume profile indicating that bullish momentum is greater than bearish momentum. I will take a long trade here targeting the pivot highs of 2022 for three quarters of the trade and the base of the high pivots of 2021 for the reminder. 21.7 below...
AMC looks like it will go onto a gap-filling rampage over the coming weeks and months. I have highlighted all gaps (red lines) that need to be filled from $3.00 to $37.00. I would expect AMC to get to hit anywhere between $6-9.36 before a reversal back to $3.00 then a new bull run. Long term Trendline : it appears both NYSE:GME and NYSE:AMC have broken...
GME broke out of a bull flag on the 1hr this morning and rejected pretty hard, but held perfectly on a retest. Looks ready to try another leg up soon.