MightAssTouch

MightAssTouch Jul 7, 2021

Small caps oversold. 10Y is disgustingly low. Meltup is far from over imo.

MightAssTouch Jul 7, 2021

ARKK touching the bottom trendline, MFI and RSI oversold on the hourly, and gap filled? My guess is a bounce tomorrow. Not trading this one though.

MightAssTouch Jul 6, 2021

Idk tradingview messed up my last post. Short watch, this thing will be one of the ones to fall hardest. Uppertrendline to watch.

MightAssTouch Jul 6, 2021

Moved my target to the upper trendline. If it breaks you can best believe I am short. This set up is incredible.

MightAssTouch Jul 2, 2021

With ARKK trading flat to neutral, seems like ROKU wants to go back to test resistance.

MightAssTouch Jul 2, 2021

Interesting stuff. Hugging the resistance line I drew a while ago. Watching closely.

MightAssTouch Updated  Jul 1, 2021

This chart is coming true. I really did not expect this. Indicators mixed. Either a flat or red day tomorrow. Followed by pumpmania Friday. Big short on everything and anything tech coming at 15300 IMO. Subject to change.

MightAssTouch Jun 30, 2021

Probably going to pair trade this with BILI calls so I don't get effed by pumptard strength. Massive OI at 80c's for this week. MM's will try to force this down. See PDD and 130c OI.

MightAssTouch Jun 29, 2021

ADRs don't always follow HSI, see PDD. Might buy BILI if it hits oversold tomorrow.

MightAssTouch Jun 28, 2021

Messy rangebound trading, but this global market positive feedback loop will probably push HSI even further overbought. Maybe wait until MFI goes oversold, target 135.

MightAssTouch Jun 24, 2021

ARKK is like SPY for growth tech. I really would not consider shorting any growth tech until it breaks the bottom trendline on the daily close. Last time it did the drop was brutal. I still think this train won't stop until NQ1! breaks 15k or next monthlies expiration day, doesn't mean I am going to go long.

MightAssTouch Jun 23, 2021

Somehow this chart is coming true.

MightAssTouch Jun 22, 2021

Have not changed anything from my first post. Hugging the upper trendline, and soxx looks weak.

MightAssTouch Jun 22, 2021

Moderna short showing up on the daily. Probably going to wait until it hits the upper channel again.

MightAssTouch Jun 21, 2021

The two overcrowded trades of 2021 are financials and Semis. May pick up AMAT shorts sometime soon.

MightAssTouch Jun 20, 2021

This daily chart is showing a picturesque uptrend still. Will be watching closely this week. Neutral.

MightAssTouch Jun 20, 2021

Drew this a while ago, never reached my target. Using this as a proxy for financials because quite frankly I am lazy. Would not touch any financials until this hits low 800s. Tightening yield spreads are awful for banks, because banks lend money on the long end of the yield curve and borrow on the short end of the curve. The Fed was smart about the reverse repo...

MightAssTouch Jun 18, 2021

With growth tech being pumped like steroids in a Florida gym, this bad boy is due for a breakout. Target 130, find your own entry though.