Theinvertedtrader

Theinvertedtrader Updated  Jul 9, 2023

(Inverted Chart) Fundamentals: This trade idea concerns everyone's favorite altcoin, Litecoin. While Litecoin's historical halving cycles offer valuable insights, it is crucial to consider the evolving market dynamics and potential deviations from the expected patterns. The increasing usage of Litecoin for transactions, as demonstrated by its surpassing of...

Theinvertedtrader Mar 29, 2022

(Inverted Chart) My trade thesis for Hexo hasn't changed at all since my last post. As the US moves towards legalization the beat up cannabis sector will see a nice bounce as a whole. One of the most beaten up of the group is Hexo, which is Canada's market leader in adult-use sales. The fundamentals have only continued to improve under new leadership, meanwhile...

Theinvertedtrader Oct 10, 2021

Inverted chart: Hexo and every other cannabis stock has been beaten up very badly since the February bounce. It is now common knowledge that legalization in the US is inevitable. While the US is making slow progress towards legalization I believe we have been presented with a great opportunity to buy into these companies at significant discounts. Hexo is one...

Theinvertedtrader May 22, 2021

(Inverted Chart) Currently seeing a great long setup for Tilray and many other weed names in the market. From a fundamental perspective, it is now general knowledge that the cannabis industry will continue to garner mainstream adoption and acceptance with each passing year. They're many companies positioning themselves to benefit from this trend, with Tilray being...

Theinvertedtrader Mar 19, 2021

(Inverted Chart) Reasons to be bullish on OXT for the next few weeks and months. - Golden cross has recently formed indicating the beginning of a multi-month bull cycle. The 50 and 200 MA setup is a very reliable trend validator. - Price has tested the .75 - .80 all-time high on three separate occasions, potentially weakening this level of resistance. - The...

Theinvertedtrader Updated  Feb 7, 2021

(Inverted Chart) Bitcoin is currently hovering just underneath $30,000. I believe the move to the upside is due for at least a temporary correction. My thesis going into 2021 is that when Bitcoin begins to pullback billions of dollars will flow into the altcoin market. Basic Attention Token is one altcoin with solid fundamentals, a growing community and is a clear...

Theinvertedtrader Updated  Feb 1, 2021

(Inverted chart) Orchid is a decentralized VPN service using blockchain technology to offer a more competitive pricing structure along with a faster service for users. This altcoin has been beat down while Bitcoin ran from 10K to 32K. My thesis for this trade setup is simple, as Bitcoin has its much needed correction I believe this altcoin could make a move to...

Theinvertedtrader Updated  Aug 2, 2020

The XRP bulls have failed to sustain momentum over the last couple years after the price peak in 2018. Against BTC and the dollar XRP is currently signaling the potential for a change in sentiment from bullish to bearish. The Commodity Channel Index has now triggered a buy on the daily chart according to my trading system. The only thing that denies this setup for...

Theinvertedtrader May 20, 2020

After a year long bear move the bulls showed up to pump HEXO over 100% in a few days. I think today's 35% pullback from the recent high presents a good opportunity to enter if you didn't get a chance to on the first move up. Other cannabis names are starting to see impressive moves to the upside which may help shift mid-term sentiment from bearish to bullish....

Theinvertedtrader Updated  Feb 24, 2020

This trade idea goes hand in hand with my previous trade idea of the stock market. Technical analysis is showing signs that the stock market may be nearing the end of its historic bull run. This chart of gold provides further support for this position. Smart money has started taking a more protective position and this is showing in the chart of gold. The second...

Theinvertedtrader Updated  Jan 10, 2020

After a strong swing to the upside I believe a healthy correction move is much needed. I've entered a short trade to potentially benefit off of a pullback move heading into early 2020.

Theinvertedtrader Updated  Jan 4, 2020

This trade setup mirrors my previous trade idea of Aurora but has a bigger risk gap with the stop-loss price being further away from current price. Read the description of my Aurora trade for more information on my reasoning for a long at these levels. Always respect your stop-loss! Entry: $6.85 Target 1: $8.00 (16%) Target 2: $10.00 (45%) Stop-Loss: $6.00

Theinvertedtrader Dec 26, 2019

Diversification is the holy grail to long term investing. Here's a swing trade idea for a Uranium stock I will be watching going into 2020. The recommended stop-loss level is a break of the previous peak low at $1.00. In my opinion most long trade ideas hold higher risk heading into the early part of the new year. Therefore, I preach that respecting your stop loss...

Theinvertedtrader Updated  Dec 24, 2019

After a sustained bear trend for cannabis stocks it may be time for at a temporary change in sentiment. The CCI gave a buy signal on November 19th that led to a 50% move to the upside. For those who missed that opportunity here is another setup that could generate some nice profits with minimal risk. Since the upswing took place we have seen a healthy pullback to...

Theinvertedtrader Updated  Dec 5, 2019

Chesapeake Energy stock has been hammered over the past few months. Here's an opportunity to make some money against the trend. Mid-term time-frames are showing an over extended price to the downside when short-term time-frames are showing that the bulls are starting to show some life. This is a swing trade idea with a stop-loss at the previous low at .55. When...

Theinvertedtrader Dec 1, 2019

We have experienced a bull market unlike any other in the history of the stock market. Over the last +10 years we have gone from steady growth to parabolic strides to the upside. During this market strength we have not experienced any legitimate pullback which is necessary for healthy price action. Some people are blind to the fact that markets cannot continue...

Theinvertedtrader Updated  Nov 5, 2019

Nio is once again giving us an opportunity to make some money on the long side. The CCI is signaling a buy on the daily chart. This trade setup is a very simple one. Our stop-loss is a Heiken Ashi close below the previous low with our first target being roughly $2.50. If CCI turns back over into the negative range and the previous peak low is broken we will seek...

Theinvertedtrader Updated  Jul 19, 2019

The trade is a very simple one. The CCI is indicating a buy signal on the one day chart. The bulls spiked the price yesterday and we are now in consolidation mode until the bulls are ready for their next attack. Entry: B.00000425 Target 1: B.00000500 (+17%) Target 2: B.00000600 (+40%) Target 3: B.00000800 (+85%) Target 4: Open (Will update trade idea when...