kingmidasLXIX

kingmidasLXIX Updated 

Love when markets start responding to technical analysis, generally I trade statistics and fundamentals on medium to long term timeframes but the writing is right on the wall with current CPI print. Personal Analysis = NOT INVESTMENT ADVICE! Best of Luck!

kingmidasLXIX Updated 

Playing both sides for earnings. Expected move 01/28 => $19.00 Expected move 02/18 => $28.00 Long Iron Condor 01/28 ----------------------------------------- Long 305 Call Short 307.50 Long 265 Put Short 260 Put @ 1.35 debit Short Iron Condor 02/18 ----------------------------------------- Long 235 Put Short 245 Put Long 330 Call Short 340 Call @ 1.77...

kingmidasLXIX Updated 

Rarely do I post short dated trades, but wanted to provide people some insight into market mechanics. Within a panic selloff with the full support of the fed, (as it stands today) as rule thumb remember efficient market pricing and use it too your benefit. Count on simple indicators and pragmatic decision making while trading small lots in options or tight stops...

kingmidasLXIX

Nio is deemed the Tesla of China. Sadly their macroeconomic environment is far different than the USA. Even with increasing profit and sales, without a stable global presence and Chinese accounting practices far from global standards, this stock is poised to continue it's downtrend following the descending triangle pattern confirmation. Should see this stock in...

kingmidasLXIX

Prominent Chip maker poised to see a releif rally before heading into earnings. should touch/cross yellow descending trendline given it's role within chip industry. Especially since TSM has survived the 2022 selloff so far. Personal Analysis = not financial advice. Best of Luck!

kingmidasLXIX

A break above $26 would clear the runway to $32 dollars. Earnings produced some price action but no definitive trend. Quantum Scape is a company in a hot market sector that has room to run within it's range. www.barrons.com TA + Personal Opinion = not investment advice. Best of Luck!

kingmidasLXIX

Chart patterns developing over a year have a much higher probability of follow-thru then their mid-term dated peers. After breaking below horizontal, the counter trend rally is closing in on descending trendline, which would indicate another fall to support at previous breakout. Personal Opinion + TA = not investment advice Best of Luck!

kingmidasLXIX

This stock has had a crazy run. Looking for long opportunity but needs to retest breakout first. Looking for trendline touch on this Icarus stock that has outperformed the stock market for years now. Only larger public companies right now by market cap are Apple, Microsoft, Saudi Aramco, Alphabet, and Amazon. Last time I checked Elon has no plans to take...

kingmidasLXIX Updated 

I've listed most of my Technical analysis points on chart. Fundamentally the company has plenty of cash on hand to handle debt obligations for 12 months onwards, but the astronomical Valuation metrics (i.e. Price to Sales, Price to Book) when compared to traditional competitors such as Tyson Foods and Sanderson Farms indicate a high price premium. In addition...

kingmidasLXIX

Great company with robust fundamentals. Intrinsically undervalued when compared to other cloud storage companies. With the acquisition of HelloSign Dropbox further expands their portfolio. *TA interpretation + personal opinion = not investment advice

kingmidasLXIX

I rarely dabble in health service companies. But, after doing some reading I see a lot of merit in their mission, and this company could easily be worth 10X its current market capitalization if utilized by the Health service industry or acquired by an insurers to cut liability costs. Little can be distilled from available chart data, and comprehending the...

kingmidasLXIX Updated 

The Russell has been stubbornly strong with looming Government stimulus bill, but the trendline in place since the US election has finally been broken... I foresee a stairstep selloff in the coming weeks, simple chart, simple parameters. A close above the upper trendline would invalidate this bearish trade setup. *Personal opinion + TA interpretation= not...

kingmidasLXIX

Great Basing pattern and beautiful bullish chart setup. I played this stock perfectly last year and I am looking for similar success this year. (original post linked below) No position yet, putting some bids out there and looking to build position. As always trade set trading parameters for yourself and best of luck! *TA interpretation + personal opinion =...

kingmidasLXIX Updated 

Energous is a company focused on wireless power solutions and products. It is currently in a localized uptrend that has retraced to the support level of its first move. If support is broken this pattern is definitively broken, but, if this pattern holds expect some nice returns. Trade small whenever dealing with an equity position that is so volatile. Market...

kingmidasLXIX Updated 

Localized Uptrend with great volume, bull flag, and decriminalization of marijuana in the USA. Lets see if the trendline holds TA interpretation + personal opinion = not investment advice* Best of Luck!

kingmidasLXIX

KEY POINTS: Heikin-Ashi is a candlestick pattern technique that aims to reduce some of the market noise, creating a chart that highlights trend direction better than typical candlestick charts. The downside to Heikin-Ashi is that some price data is lost with averaging, which could affect risk. Long down candles with little upper shadow represent strong selling...

kingmidasLXIX

no position yet, looking for some consolidation before the final leg up *TA + personal opinion= not investment advice

kingmidasLXIX

Best Product on the market for Developers currently with large market share in an untapped market for 3rd party firms looking to utilities Unity software. Keep an eye on how this company interacts with it's IPO trendline and fib fan levels. Building a position for the long run in this stock. 4+ years investment horizon Pokemon GO, Fall Guys, Bad North, Kerbal...