After a slightly less volatile week, BTC has pulled back from testing the $12000 price level. Analysis of Trend lines, RSI and general supply/demand suggest the retest to $12,000 is more likely then not! Looking for price action following this retest for double top formation and possible short entry. Fail
As I'm publishing this, $GOOGL bulls and bears are currently fighting it out as the bulls try to retest and regain the trendline support and H&S's base. Volume and CMF behaved as expected with a H&S. OBV still abiding by trendline support. Green channels are where I would consider taking bits of profit based on multiple fib levels (regular and trend-based), a...
Follow up on previous BYND post! BYND is forming the foundations of an ascending Triangle here. Earning were not bad, look at the Revenue! Take some off the table at $165, let the rest ride to $200!
Hey everyone, Google made it's way to ATH but now the party is over, at least for a short time. As you can see there is a SHS formation and the reaction was bad. But the stock will face a few support zones, as the yellow lines and the green box, as well as the Fibo Retracement, shows. The DEMA and SMA also show a short signal since friday. BUT chances are good...
Futures looking incredibly overbought here. Not a bad hedge entry IMO
The tech Crash in 2000 took 3 years to bottom out... and longs lost 80% in that time. The 2008 financial crash took 2 years to bottom out, and longs lost 57% in that time. The 2020 crash... oh, I think it hasn't even started yet... I would stick to short positions or day/swing trading... and I wouldn't even consider going long on anything until the Lower...
What a move! Using the diamond to identify likely slopes for channel creation has potential to provide great entries.
(BATS:FB+BATS:AAPL+BATS:AMZN/10+BATS:GOOG/10)/5
What will happen to markets when the dollar bounces off 2 year lows? Stay tuned.
I WOULD GO LONG OVER 1576 FOR A MOVE UP TO 1600, 1630. TRADE IDEA: 1600C 7/24
AMZN to second fib level.
Looking for movement to the second Fib with increased implied volatility into earnings. Collect premium on the 150 Put?
GOOGLE has passed the peak of the era and there are " SHS " variants, even though it is not, but I still consider this a good model with the characteristics of "SHS". This is based on my experience over 7 years of delivery. Translate, everything is right vs GOOG now, good time to buy investment. GOOG buy : $1550 +-5 GOOG target : $1900 Stop loss : 10% . Good...