Details in photo. I like to keep things simple. Will wait for bullish candles above the 50 ma on the 15 minute timeframe before entry. Not advice...
Come Monday going to look at a position in XBI (if it has not gone too far). Pulled back and spiked at the Weekly 50% Retracement that matches with prior price action. Stop needs to be just below the low of May 11th. The industry for this ETF is Biotech. This should make Cathie Wood happy.
This crypto is a bit more speculative than I usually prefer. However, I do want to keep an eye on it because the use case does seem pretty cool and the marketing behind it is strong. Additionally, they came out with some more bullish news today that they will be offering sector specific ETFs on their platform in the future. I think this is a cool idea for people...
“The U.S. Global Jets ETF $JETS provides investors access to the global airline industry, including airline operators and manufacturers from all over the world.” TECHNICALS $JETS is currently trading at $25.50 which is 13% below their most recent high of $28.98 which was made in March 2021. The stock has been in an upward trend since October 2020 as a result...
Sector Rotation Analysis starting from Jan 2021 While 2020 was a wonderful year for many investors, 2021 has been riddled with changes in the stock market thus far. In this analysis, I compared multiple ETFs that track different specific sectors in the market in order to visualize these changes. The periods and commentary are broken down month by month with the...
The green long-term channel started to appear around mid of July of 2016 by price hitting the top of the channel! During the Covid19 Pandemic we observed a fake breakout but everything gone normal after first months! 15th of Sep the price touch top of the channel and started to fall! the red bearish trendline is broken and we are currently in pullback to the...
Please check my previous ideas on AGQ, why I like to invest in it and the potential there is. AGQ is a 2x leveraged Silver ETF. Instead of utilizing swaps like most geared funds, AGQ invests in silver futures and forward contracts—this also means the fund is structured as a commodities pool, so it will distribute a K-1 form. Since I expect silver to go higher,...
A great example of 50% Retracement Levels being significant and Resistance turning into Support to launch a move!
AMEX:XLE is setting up a pullback level to the bottom of the Daily Ichimoku cloud matching with the 2021 Q1 50% Retracement level. It is showing a similar pullback pattern to one of its component stocks NYSE:COP which I took a position in this morning.
If price breaks out this rectangle it's interesting to open a long position
I give some background on me learning the markets some brutal harsh lessons and why ETF's like the SPY & GLD are awesome!
Look -- up in the sky! Is it a crash? Is it a correction? No, it's a sale! ARKK is at a critical support on the daily chart (right at the 200 MA on daily). But before I re enter, I like to zoom out and take a weekly chart view -- which is what I am presenting. The weekly chart shows that ARKK rallied upward too quickly for it's own good (we all love the Cathie...
TAN has pulled back significantly from it’s highs and may be ready for a rebound. A bounce off the 200 EMA and out of this pennant could result in a big run. Also using the golden pocket you can see this is a major area of supply
Using this as an opportunity to start averaging again into my ISAs and SIPPS
HBRD vs. FLOT, Australian All Ordinaries XAO
When i did my idea about the completion of an Elliott wave structure with 5th wave 1.61 Fibs of wave one i decided that i would buy small 2 SPY single Put contracts just satisfy my "bias" and my "emotion" toward my Elliott wave count as a worthy trading strategy. So i bought April 16 2021 + March 31 2021 just before the last price action we got in the past 5...
This is a Russia ETF. More info here www.vaneck.com The chart pattern is showing a "cup n handle", go long if we can breakout of this resistance $26.42 More on cup n handle pattern. www.investopedia.com