You heard it here first, Intel has finally bottomed long term and it's about to rip from here...A beneficiary of the recent trend of deglobalization/reshoring, and the inflation reduction act, $INTC had been battered and bruised for ages since it peaked back in early 2020, underperforming basically everything since then. Valuation has reached extremely low levels...
Just as the greek word, the chart here looks excellent...There's both a daily and a monthly uptrend signal active, which gives this stock tremendous reward to risk potential long term. I am not a huge fan of the valuation, so I was skeptical to get involved but perhaps I am missing something regarding fundamental catalysts for the stock going forward, perhaps...
$RDY has a very strong monthly trend that is currently active, and also a strong daily chart, showing a trend is now active. We can go long risking a fall under the red line on chart, if aggressive, following the daily signal but aiming to capture the monthly trend as well. This would be a huge reward to risk position if it were to pan out favorably for us.
I see...
Biogen has a monster trade brewing here, can't afford to miss this trade. I've been trading it actively since they received FDA approval for their Alzheimer's drug a while back.
The current setup looks very strong and implies a massive uptrend can start from right here.
Best of luck!
Ivan Labrie.
Pain isn't over in crypto, and Altcoins excluding Ethereum and Bitcoin look about to fall off a cliff here in the monthly timeframe...
I would suggest to take it easy with crypto positioning, perhaps best to sit this one out in USD at a safe CEX and stake it (say Kraken) for a while.
While recently Ripple has been doing well, it isn't immune to these flash...
NASDAQ:AAPL defied expectations with its latest quarterly report, beating earnings and revenue estimates and providing a bullish outlook as well as announcing a stock buyback program and raising the quarterly dividend for the 11th consecutive year in a row.
Time@Mode, which I use to spot actionable opportunities, confirms this breakout as the start of a new...
Time@Mode can capture very profitable trends with incredible accuracy and very low risk, at times catching the bulk of returns in a given market, while sidestepping the volatile uninteresting periods.
To do this, you need to know the timeframe in control of the main trends in said instrument. Determining the Timeframe in control means finding the timeframe that...
Looks like #Gold is staging a reversal, the recent correction is over and it can resume the longer term uptrend, or at least stage a substantial daily up swing...
Best of luck!
Cheers,
Ivan Labrie.
Exxon🛢️ has nice upside here according to Time@Mode which makes me think it could beat expectations and shoot up and trend steadily for some time.
The company reports earnings this Friday, and is expected to post a $2.606 profit per share, and $85.648 billion dollars of revenue.
Valuation highlights:
Price to Book ratio of 2.46
Price to Free cash flow...
Bulls did it, we now have a continuation signal indicating the weekly base we had earlier this year was a longer lasting bottom than expected...
I'm long crypto since last night (bot positions back after 3 day charts triggered bullish trends in various coins).
Let's see how this goes, promising start. If we end up moving towards the 45k zone we could be on to...
Looks like $TSLA is about to rally and head towards $255 next...the daily trend which was down is now reversing to the upside once again, so it is a low risk idea to go long today if price holds up and doesn't go back below yesterday's close.
Best of luck!
Cheers,
Ivan Labrie.
If the ETF crosses the $84.03 mark during next week a huge rally can take place, daily charts are already bullish for a few days, I got into a position in $FSLR, $ENPH and $RUN recently, but might add an ETF position in $TAN as well if the weekly signal outlined here triggers.
Note that price crossed over the entire post COVID low till today Volume Profile POC...
The time seems to have come to consider allocating to Emerging Markets here, I am thinking of entering a position today. India and Mexico are set to benefit from decentralization of supply chains, China is about to get stimulus to consumption from govt, and AI is generally a source of growth and higher efficiency for the world going forward (solves the issue with...
Maybe it plays some catch up to $ETHUSDT here on the back of the Shanghai upgrade potentially being seen as a source of sell pressure by market participants, chart is certainly bullish if it closes the week over $20.78.
One of the dumbest coins around, only miners and some degenerate WSB guys have any interest in it (and Barry of course), but it is what it is. Low...
Weekly trend which I was anticipating is now confirmed, odds of triggering the monthly with targets close to 10k is closer to reality now...It merely needs to move over 1886.27 this month to confirm that outlook.
Risk is a drop under the recent consolidation (and a bit of wiggle room to be safe, I suggest using half an ATR from below the box).
If you missed...
Daily trend turning bullish again in $SPY here...Let's see how it goes. FOMC tomorrow, hopefully things stay the course.
Best of luck!
Cheers,
Ivan Labrie.
Looks like the recent rally in the Dollar came to an abrupt end a while back, we had a substantial move up in Gold, Silver, Bitcoin and foreign currencies vs it so far, now we get further confirmation of the coming decline in it, today a daily signal will trigger on close, and this week, a large weekly signal might confirm as well. All hinges on FOMC's outlook,...
