Lanmar

Lanmar Updated 

Been a long time since I posted! Firing it up with my bigger-picture view of the Nasdaq. Longer timeframe: Multi-year cup and handle - bullish into year-end Shorter timeframe: Rising wedge - potential window of weakness around the corner (end of Feb?) What's actionable about this chart? - If actively trading watch for a short-term sell signal - close...

Lanmar Updated 

Bitcoin could be approaching a cycle low in the next 3-9 months. Zooming in on the weekly chart, you'll see that price tends to develop a horizontally defined resistance *after* hitting a cycle low and consolidating. Once price breaks out from that resistance, it triggers a buy signal. This is the type of action I want to see to get long with size. On the...

Lanmar

DDL is a small cap China name with a well defined bottoming base. If entering early in anticipation of the break of 6.42, the stop could either be tight (below the breakout line) or wide below the 50dma (under 4.50) as a fake-out is in the cards prior to a bigger move:

Lanmar

Biotech stocks have been my focus as many are showing significant relative strength and posting new 52 week highs. I got long XBI yesterday on the break of $85. Something to consider - stocks well below their all-time highs have a lot of supply to contend with, so the probability of a smooth trend out of a base tends to be lower and raises the probability of...

Lanmar Updated 

SNDX shows signs of strong accumulation longer term. Overall really strong base on base action and getting close to a potential breakout. Caution with all breakouts in this market - volatility has been significant around pivot areas, so the risk is much higher and probability is lower on shorter time frames. While major indices are down 25-30%, this stock is...

Lanmar Updated 

First off, I'll always look at horizontal levels over trendlines. Trendlines can be subjective, have a high failure rate when used in real-time trading tactics, and easily adjusted based on markets morphing over time. Another issue is the overhead supply not being visible using trendlines, a big reason why steep trendlines are prone to failures/false breakouts...

Lanmar Updated 

This line historically held up UNH. See if it does it again

Lanmar Updated 

Think in the next 3-5 years we're going to see energy/commodity type names outperform a lot of tech - BTU has been a beast in the coal sector and for now my favorite stock in the industry. As long as that 50 week MA holds, it's likely to continue consolidating and eventually break new 52 week highs maybe all time highs next year.

Lanmar Updated 

Think a lot of crypto traders are under-positioned on the long side. *Medium term* downtrend remains intact, but think we see a rip higher off these levels at least into next key resistance. The lower risk play is to wait for more confirmation on high volume. I am long here. ETH Monthly - Looking at ETH from a bird's eye view it's still holding firm above the...

Lanmar Updated 

The buy zone labeled in the chart is my level of interest to get long. - It's the approximate measured target for the weekly H&S setup - 50% retracement from the covid low to the all time high (3550) - 200 week moving average (see chart below) - Horizontal support from September - October 2020 200 week moving average history since 1978: In 2001 and 2008...

Lanmar

CALM held up very well in this correction thus far and reported strong earnings this week. Potentially breaking out on the monthly and a confirmed breakout on the weekly based on last week's action.

Lanmar Updated 

This is an update to my DXY analysis from August 2015. Nothing has really changed much from that analysis except a potential top in January of 2017. Time cycles change all the time, so I have no interest in putting too much faith even in something as consistent as the US dollar time cycle. However, I am very interested in the 618 level at ~ 84, should the 93 -...

Lanmar Updated 

This is the only level I see that shows major support from here. It's also the major breakout level of 2020, which is normal to see retested. ETH likely to continue underperforming BTC based on this chart below showing seasonality and continued risk-off in the market (forced selling/liquidation, etc):

Lanmar Updated 

any major rally we see from here is just a relief rally - yes, that means even if the pound rises by 10% from here, it is just temporary. On a smaller time-scale, I prefer to own Sterling, but that would be on the daily scale, and this bit is for my traders - not the 'average' investor or asset holder. For those of you that own real estate denominated in British...

Lanmar

2x leveraged fund shorting gold miners breaking out on the weekly time frame

Lanmar

Based on Market share and Turnover Maruti Suzuki is the largest car company in India with a market share of ~45%, nearly half of the cars sold in the country. Some macro... If India's economy continues to grow as predicted, by 2025 the Indian middle class will number 583 million people, or 41 percent of India's projected population,1 almost twice the current...

Lanmar Updated 

DXY, also known as the US Dollar index is tightening up around a breakout spot from a 6 year rectangular consolidation. Continued upside is very likely. Original DXY analysis published 5 years ago today on July 1st 2017 (click to open):

Lanmar Updated 

These four big tech stocks are on thin ice. A break of these necklines suggests more downside. These levels likely indicate around 11,900 on the Nasdaq as the line in the sand. Question is, does this lead to capitulation or a longer duration downtrend. TBD... Nasdaq 11,900 level = red line