otisfx

otisfx Updated 

There's been a lot of hype on the Bitcoin ETF. I do think the FED is going to lower rates pretty soon (first quarter of 2024). IMO, a lot of the hype has already been priced into the ETF (IF it happens), however, the thing that's going to move markets to the downside temporarily -- is something negative. The reason the FED is going to lower rates, is because the...

otisfx

Lumen *could* be a possible risky bet with a rise in interest rates. A LOT of the risk has been priced out with a complete COLLAPSE of the price. They have a lot of debt, not as much as other companies. What are we buying here? Telecom infrastructure and computing edge technology (google it). Which is physical telephone poles in the good ole' US of A. They are a...

otisfx

Looks like an ATH is possible for VODAFONE eventually. Long term trade, not any time soon, but it looks like it could be approaching a long term bottom here. RSI is starting to potentially bottom on the 3M chart. Chart has also developed a long term falling wedge pattern.

otisfx

Long Oil play over the next few years (maybe a couple decades). Large inverse Head and Shoulders pattern. Let's see how it plays out.

otisfx

A lot of charts are looking bearish at the moment with monthly candles closing as gravestone dojis on the tops of recent trends. PBR could see some downsize if the recession gets worse. That being said, might make for a great longer term bullish play.

otisfx

This is how $400 might happen. We are seeing a sell off across basically everything. I think oil will probably be no exception in this bear market phase. Fed will likely hike rates sending the markets into a hissy fit, followed by the chairman reversing stance and then there could be a rip roaring market in Oil/Gold/Silver/Commodities.

otisfx

The similarities are very striking from Amazon's IPO into the 1999 Dot Com speculative bubble and the bust afterwards. History could be repeating itself. This is the EV/Solar bubble. The tech revolution is already played out. Now the S curve will be solar panels on everyone's homes and commercial buildings. The big buying opportunity could be coming.

otisfx

This is a trade idea that I am thinking about. Possible top in stocks sometime early 2022.