WhaleGambit

WhaleGambit

BIST100 got a nice rally with the improved relations with US. There is a resistance for the short term at 8515 (Monthly second pivotal resistance level). RSI is also showing a bearish divergence. The index may want to test the previously broken channel. Then, with the election environment and the positive relations with US and NATO, we may see the continuation of...

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OANDA:XAGUSD has been sold heavily with yesterday's CPI numbers. Hotter CPI than expected numbers increased the probability of postponing the start of rate cuts to a later than March. With this expectation, OANDA:XAUUSD and OANDA:XAGUSD were sold with the initial reaction and then they saw some recovery. Silver might have bottomed out. Why? TVC:US10Y ...

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BIST:KOZAL formed a nice falling wedge which is waiting for a break out. KOZAL should benefit from the rising FX_IDC:XAUTRYG prices. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators,...

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This one is one of the controversial stocks. It had a potential but the owner sold the company which brought a deep dive. For a while it has been bottoming. It seems ready to next push if BIST overall gets a reaction, which is highly possible since USDTRY is again in the up trend. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your...

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NYSE:NEE has been rising since 2008. But it struggles to keep up the trend. If we loose the support area we may see another 20% percent down to the next big support trend that is coming from 2017. Bulls needs to show up for this beast. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a...

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NYSE:PLTR has been one of the starts of the AI mania in the last months. The price formed a giant head & shoulders for a reversal. If NASDAQ:NDX looses the support from here, we may see a strong sell rally. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk...

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The market had priced in the no rate changes, however, the FED members' expectation of one additional hike and keeping the rates high in 2024 created a downside pressure for the markets. Although the record of the FED members' predictions for these matters is very poor, the market decided to use this opportunity for the traditional sell party in September. ...

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The short term price action built a double bottom pattern. Breaking the 1947 area would led the price go up to 1990 level, which was the local top in July. If we look at the long term price action, it formed a bullish pennant. The height of the bar is 450 point. If we add up this to the breaking point (1930), it should tell us the target of this pennant, which is...

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NASDAQ:PLUG is one of the stocks that have been sold heavily in August and September. The price action shows consolidation. There is a potential inverse H&S in play. The initial target is 10. If we can break the down trend, this can fly towards 18. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains...

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Look at those beautiful channels for $FX:USDJPY. Last year, we had a strong uptrend from 115 to 151, and the central bank had to intervene strongly. We see another uptrend this year as well. There is a fight between the market and the central bank. BoJ had to make a move when the price reached to 144. But it seems market wants to push higher this. We potentially...

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Thanks to the positive news about Grayscale and overall positive day for the markets, CRYPTOCAP:BTC got nice green candle. But the move stop around the resistance and we are consolidating under it. MACD did a bullish crossover as well. I expect a breakout from here towards 30k which is another strong resistance. But, we may see a rejection from here if the...

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TVC:RUT touched the trend line and got a nice push. The price may sideline here a bit. If the push continues for SKILLING:NASDAQ , the money will start rotating to small caps back again. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...

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NYSE:TWLO has a nice bull flag as a falling wedge. If general stock markets continue upward move, then we see a break within a couple of days. Otherwise we may have one another leg down before breaking out. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk...

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After finding support at the bottom of the channel, NASDAQ:MSTR formed a double bottom in 1H. The target of this move should be 375 if CRYPTOCAP:BTC continues the up move. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...

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As we expected in the previous published idea, we got a nice follow up after the price formed a double bottom. The price has risen to the first resistance level. Breaking this will push the price to the 980 level. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...

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Silver is getting juicy here. We already got nice bounce in the last two weeks. The price action started to look like an inverse head and shoulders. Also volume is showing high interest here. If this pattern plays out, the short term targets are $26 and $28. Silver is very cheap if you consider the historical prices. With the inflation we had over time, it should...

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EURONEXT:EUR / $JPY has started the year at the yearly pivot point. After 9 months, it is flying around the second yearly resistance. The price has started to stall at the monthly resistance point and RSI shows bearish divergence. If we break this resistance, I don't expect the price to break the second yearly pivotal point. Disclaimer – WhaleGambit. Please be...

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This weekend we have Jackson Hole meeting. Uncle Powell and aunt laggard will sit together and decide what will happen to FX:EURUSD . Let's see if they allow Euro to bounce from here. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...