ICLN is setting up well on the monthly charts. Points for consideration: 1. Price above 20 Day, 20 week and 5 month MA. This should act as a nice support zone 2. 200 Day Moving Average right above us that could act as potential resistance. 3. RSI is crucial zones and positive structure 4. Break above 200 Day MA will be seen as very bullish on daily/weekly...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ A bitcoin exchange-traded fund (ETF) based on futures looks increasingly likely to be approved by the U.S Securities and Exchange Commission this month, pushing the market...
Invesco QQQ is an exchange-traded fund that tracks the Nasdaq-100 Index™. The Index includes the 100 largest non-financial companies listed on the Nasdaq based on market cap. The Invesco QQQ Trust has been delivering superior returns for several years, easily outperforming SPY and other S&P 500 funds. QQQ has been rising high for so long that it's only natural to...
A lot of analyst have been publishing bullish outlooks for AMEX:XLE . But we have AMEX:OIH in our portfolio for long term position and now is also making several bullish signs. Bullish divergence with the MACD, above average buying volume and price action making a head & shoulders pattern (reversal pattern). This trade would be a short term trade. The buy...
Trend Analysis The main view of this trade idea is on the 2-Hour Chart. The ETF BDRY held its overall uptrend despite failing to break through the 30.75 resistance level on the previous two occasions. Support for BDRY is observed around the 23 price level. Expectations are for the ETF to break above 30.75 resistance on its 3rd attempt and rally towards 38.50. To...
I don't post about stocks or ETF's very often. I got into investing via crypto - and my intention wasn't necessarily to make money either. I had lost faith in the current model of our banking system, and became inspired by what I saw as an alternative. That alternative also ended up being a good financial decision. Ironically (I say this because most investors and...
This is the first month I'm breaking up my trades into 2 tracks to spread risk and provide myself with more room to navigate depending on the market situation. I'm back bullish in JETS as it seems like the US is taking the virus in it's stride, even with Delta cases rising fast. Any virus precautions and restrictions while limiting are not new to business owners...
AMEX:XLE NYMEX:CL1! NYSE:XOM NYSE:AMPY Energy stocks, crude oil, and the XLE energy ETF all flashing buy signals. $100 oil looks invitable. From failed moves come fast moves, and oil/energy stocks failed an attempted breakdown below the neckline. A few favorite long ideas: $LPI, $AMPY, $XLE, CL1 (futures), $XOM
This Real estate ETF looks like it's ready to rollover on the weekly timeframe due to it bearishly engulfing, being at a 1.272 fib extension, and the RSI trendline being broken after reaching overbought. I will either be looking to buy puts in VNQ tomorrow or i will be looking to purchase shares of the 3x Ultra Short Real Estate ETF $DRV
As we look forward into the future we may continue to see Blackrock's influence grow from an asset management company into something far greater. With deep pockets and potentially blue skies for the market along with a rising rate environment, we'll see if $BLK can get it done in the weeks / months / years to come.
Diversifying your strategy There are lots of ways to "win" at investing. For diversification, it can be useful to bet on a lot of different strategies, because often when one strategy starts to go wrong, another will start to go right. But unless you're an expert coder with a lot of free time, you probably can't actively manage multiple different strategies...
Bullish divergence on the RSI paired with a falling wedge = bullish.
The Global X MSCI China Health Care ETF (CHIH) seeks to invest in large- and mid-capitalization segments of the MSCI China Index that are classified in the Health Care Sector as per the Global Industry Classification System (GICS).
Details in photo! What do you think? Like, Follow, Agree, Disagree!
Details in photo! What do you think? Like, Follow, Agree, Disagree!