uraura monthly chart shows me a neckline being tested to the upside. AMEX:URA #ura by awakensoul_3691
I want to accumulate more of SMH ETFLooking at the holdings , I will need less bullets to buy into these individual companies especially I had missed BIG TIME on Nvidia. This war on semiconductor chips will make these companies that are manufacturing them very much valuable down the road. China is squeeze and is forced to build on its own, which will takes time but eventually , I expect China to come up with a more advanced product. Accumulate on weakness.Longby dchua1969Updated 0
IShares Hang Seng Tech ETF The reason I like this ETF is the exposure to the HK Tech sectors , some companies I like but may not like enough to initiate a position in them. It's share price has been hovering at the 5.77 to the 8 dollar mark , a little boring and definitely in no time to accumulate. Refer to the list of Holdings by dchua1969Updated 0
URANiUM: $24 | Demand for Power on the Risewith supply limited and regulated investors in RADiOACTiVE Marterial shall be rewarded big time developing nations are running out of coal and oil being regulated to the highs by Russia and Arabs make it difficult for new nations to keep up with demand for energy by senyorUpdated 1112
xlu 3m xlu showing me a continuation to the upside as we brake and hold a 50% #xlu AMEX:XLUby awakensoul_3690
This is my personal planDrew a line for where I'm looking SPY to open tomorrow, hoping buyers swoop in and try for ATH, should be easy since all the big names are down but without catalyst for correction. Either way, looking towards second week of June if the medium time frame MA is to be followed. Just hard to believe that Friday's inflation data will be positive -- but I'm thinking while inflation holds steady, household income will fall, and we'll see how markets react to that. Otherwise, chop chopby pogicraft111
US Bank about to implode! Regional Banking is gonna take a hit!First you have the FDIC come out and say no matter what we can whether a large US Bank failure - out of nowhere! Japan is stuck in a corner, can't sell bonds to defend its currency, and can't raise rates enough. Like every Central Bank they're stuck. So now a large US bank will be "allowed" to fail that will give Powell the excuse to cut rates - leading to a large reinflation boost (precious metals). Biden even hinted at rates coming down in July so this regional bank implosion has to happen soon. I don't see banking in the USA doing good long term because the banking structure needs to be consolidated to isolate and do away with cash so they can bring out CBDC's. At that point banks will be "stakeholders" which is fancy speak for fascist government control over corporations, but from an international level. Also, TTM Squeeze indicator is loaded on every TF except Monthly, which showed that it already went off and is gathering steam for the next leg down in the breakout, but a very powerful move since this is signaling on the weekly chart.Shortby EmptyEternityUpdated 2
Trend Reversal Illumination = Count Time Of The Move !In determining when an uptrend or downtrend might exhaust/end it is quite useful "to count" the cumulative total of up/down bars in a uptrend/ downtrend. In this example, using a 15 minute intra-day chart on SOXS, for 5/28/24, one can count "16" down bars on day. However after 145 pm Eastern, in just 4 bars, and in only 25 % of the time, SOXS has regained important price support of 25, and more, with a KST Buy Signal to Confirm ! Conclusion. The faster price moves, the greater the importance to a meaningful "trend reversal" THE_UNWIND Woods Of ConnecticutLongby The_Unwind3
Opened (IRA): TLT Feb 21st 83 Short Put... for a 1.39 credit. Comments: Targeting the 52 week low on weakness here after taking off a rung in September.Longby NaughtyPines0
Opening (IRA): TLT September 20th 83 Short Put... for a 1.08 credit. Comments: Targeting the 52-week low here with a rung out in September (I've already got rungs on in April, May, June, etc.), which I think is unlikely to be touched in light of talk about the Fed cutting rates ... at some point in time. Naturally, if I'm wrong, I'm also fine with picking up shares at a cost basis below the covered call setup I currently have on ... . Longby NaughtyPinesUpdated 1
Market(s) move the world around Events occur around the chart(s) and never vice versa. Its aways all about WHEN to move the marketby GOOOST1
Opening (IRA): SMH 2 x July 19th 210/215 Short Put Vertical... for a 1.00 in credit. Comments: Part two of delta adjustment trade ... . Instead of rolling up the 205/215 short put vertical, I closed it out (See Post Below), and then re-erected a 2 x 5 to delta balance against my call side, whose short leg is at the -32 delta strike. This doesn't increase buying power effect, since the 2 x 5 is equivalent to the 1 x 10 on the call side. The end result is a 2 x 210/2 x 215/255/265 iron condor, -5.79/3.42 delta/theta on which I've netted 3.36 in credits.by NaughtyPinesUpdated 1
Not much has changedNot much has changed since the last update. As the PPMs start to show a loss of momentum, the price starts tapering off. The upward momentum of price has been stopped. Today's rise seems to have broken above the trading range, but I'm not sure if it can continue its momentum upwards for too much longer. The PPMs on the daily chart show none in trend. The weekly chart though shows PPMs 1 and 2 still in trend but heading downwards. Of course, the markets can continue an upwards trend longer than you expect it. But to me, it seems frothy as of now. It may hit the weekly high fib target of 3.43 before anything else happens. But it may be a slow crawl there. by tanreu0
SPY Will Go UP! Buy! Hello,Traders! SPY is trading in an Uptrend and the ETF Is now making a bullish Rebound from the Horizontal support level Of 524$ so we are Bullish biased and we Will be expecting A further bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals1
TSLL is Telsa with a boost of steroids LONGTSLL is an ETF of TESLA instruments leveraged 50% - while TSLA has its own range percent from its volatility TSLL does this even more at a lower per share price. On the 4H chart, TSLL can be seen pivoting down in a VWAP breakdown from a high about July 19th. It is now in deep oversold territory supported by the redline of the second standard deviation line below the thick black mean VWAP. On the ZL-MACD, the cross under the histogram and the ascent of the lines toward the zero line shows in my opinion bullish disvergence. Upside to the target just below the POC line of the volume profile is about 15%. I will go long taking call options as : 1. contracts striking $ 16.00 for an expiration of 8/25 and, 2. contracts striking $ 17.00 for an expiration of 9/1. I am anticipating overall profits of 100% as a goal in this trade. I avoid time decay and in risk management I will close a position when it hits 100% or not less than two days before the expiration. Good luck on this trade if you take it. DYODD !by AwesomeAvaniUpdated 5
QQQ Trade Ideas for the Week of 5/27/2024Some potential paths for QQQ early this week. I'm leaning bullish, but will be ready to capitalize on downside if it happens.Longby AdvancedPlays2
SPY Trade Ideas for the Week of 5/27/2024I'm leaning bullish, but there will be equal opportunity on either side unless we chop all week.Longby AdvancedPlays0
Miners need more consolidation before taking off from wedgeI don't think it's quite their time yet, I see a fall, a month of meandering, before launching and hitting my green target.Shortby EmptyEternityUpdated 4
Double Top in Gold That Strangely is Correlated with NividiaDid you know gold and Nividia have an 81% correlation? That's strange. (chart in comments) I see a double top in gold. TTM Squeeze firing on weekly, daily, 4 hourly and it's a continuation of a squeeze on the hourly. TTM Squeeze's usually bounce off the opposite side when it breaks/fakes out. Outside an exogenous event I see pm's taking the summer off and reawakening in the fall when the dollar tops out after the BOJ sells US treasuries after China devalues their currency after the dollar spikes when Europe cuts rates soon. It's going to be an epic chain reaction. The FED will cut rates heading into the election and if Trump wins he'll ride the last meme wave until it crashes and reinstitute a gold standard, or if Biden wins we get CBDC's. I'll be looking for low IV OTM calls in the fall after the FED cuts rates...Shortby EmptyEternityUpdated 2
Silver is in short term consolidation before breaking $30It doesn't matter what short term paper contracts do, or taking profits - the East is importing gold and silver at a beguiling rate that won't allow for much shenanigans for the metals market. I was however surprised to see the price bounce exactly off the top of the box. I see silver going down to $24 area, shake out some hands, and rocket up past $30 after options expiration date. I see a smaller consolidation week in May before going even higher. I HIGHLY recommend Silver Miners right now. They saw some life this week and last - and since they usually lag, I can see them being down for the next two weeks before going up themselves. I like AMEX:SIL , AMEX:SILJ , and NUGT for indices, and NYSE:NEM for the best miner in the world for one simple reason - AMERICA will be the LAST country to nationalize their natural resources in a communistic reaction to the skyrocketing dollar. I expect that to happen starting next year. Longby EmptyEternityUpdated 1117