Looking for bonds to resume downtrend as rates may not go lower that quickly.
Looking for a small break out of recent trading ranges and start of a move down.
Always step back, take a look at the big picture. Here, you can see we have this crazy four-year-old solid-resistant base trendline that really only proved itself in 2022 when Tesla dropped all the way down to what seemed like it was going to be a bottom. Many of us got in for the first time at $100, just thinking like, 'come on, there’s not that far down you can...
hi Traders, The price has been in the uptrend since June 2022. The price has formed a bearish divergence, however we are expecting that the price will go a bit higher to retest ATH from 2021. This level should be acting as a strong resistance therefore it could be a good entry for a short position. The stop loss should be placed above the resistance. Our target...
Update, made appx 1000 profit - papertrding from 1.06 to 2.11 per contract x 10. please see my previous post.
SPY is looking healthy ready for bounce, amazing channel that can bring lots of pleasure day trading, both for longs and bears. Since i set my mind on 510 as a top, today I took a night swing and I am out. I think we may not reach 516 this time and will do correction. Ill be looking for entry to short semis or play some VIX.
Crude oil appears to be heading towards the PWH. I would like to see the H4 chart pullback and respect discount bullish arrays to then hunt a m15 bullish displacement to get long.
Keep It Simple and Trade With the Trend. As a trader, you have probably heard the old adage that it is best to "trade with the trend." The trend, say all the pundits, is your friend. This is sage advice as long as you know and can accept that the trend can end. And then the trend is not your friend. There are multiple ways to spot trends, direction, and...
Everything is explained and visible on the chart, we are in front of a huge rising wedge which consist basically of the whole life of this stock. We will soon enter the third period of the life of this stock, each period lasting 22 years, which could see the stock breaking out of this rising wedge formation.
grabbed some puts for a $507 gap fill on $SPY. Entered at the open push. Above $510
| Buying JD at $23, selling at $36. | http://JD.com's "valuation is illogical, with the stock priced as if the company is going out of business soon" "The discrepancy is quite perplexing. Pinduoduo with a market capitalization of $187.20BN realizes $6.22BN in operating income, while JD.com with a market capitalization of $36.54BN realizes $3.72BN in operating...
I think a JD faceripper is incoming. Stocks in the same sector like BABA and others will follow, but the main true driver will be JD itself. The media i think will attribute this all to BABA which will drive the frenzy even higher and everyone will become focused on BABA rather than JD. Data: imgur.com I've opened a large position in JD as of last week.
According to my time cycles calculation I'll be watching the 12th of March for a POTENTIAL rally for #LCID and if we merge this with our analysis in the "Related ideas👇" you can know how to mange it and when this idea will fail so trade safe ..... and FOLLOW ME
The Fed exists for the banks. Don’t get it twisted on their mandates, will he play dove to save NYCB! Won’t be surprised, could be a fun trade with a really tight stop loss
Gold Longs Pre/New York Open - Gold Runs into (All Time Highs)
KBH is in a sweet spot! While options volatility is already elevated (40%), it should continue to raise into earnings. It's posting a nice bullish squeeze on the TTM Squeeze indicator as well as buy signals on the premium Big3 Squeeze (from Simpler Trading). Typically, the stock price rises anywhere from 3-9% between now and the earnings event. That would take...