After an impressive rally, we now have signs of a change of trend here in $BABA. Best of luck! Cheers, Ivan Labrie.
Downside to $142 here, low risk trade. Best of luck! Cheers, Ivan Labrie.
Nice technical setup and an interesting earnings report. To begin with, the CEO will be departing by year end, which normally is a long term bullish pattern after a huge decline. Branded checkout maintained E-commerce market share during 2022, and guidance is surprisingly positive if we don't have a recession here: "2023 guide assumes pressured discretionary...
Looks like the trend turns down here again, very nice swings in this stock. Best of luck! Cheers, Ivan Labrie.
I think this is the play right here, right now...Might be a nice swing to the upside for oil names, specially relative to the market. Best of luck! Cheers, Ivan Labrie.
Trend is reversing here in the $CADJPY pair, I think it's a good oil proxy trade here. Best of luck! Cheers, Ivan Labrie.
Nice chart here, continuation of the recent advance after coiling following the recent quarterly report. Best of luck! Cheers, Ivan Labrie.
Good to try and short some stocks as well, here and there when buying things...In this case the stop is rather tight (see green dashed line) and downside ample, and as a bonus different to everything else out there. Worth a shot, best of luck! Cheers, Ivan Labrie.
Nice buy signal in $MRVL here, low risk and with ample upside to $51.65-52.65 by the 23rd or sooner... Couple ways to play this, either sell puts OTM, or play it with a call spread (long ATM, short OTM) or put spread ITM (long put at the stop or ATM and short put OTM at the target matching the time duration of the trend), or buy shares. Options offer more granular...
Tesla is stuck between a rock and a hard place, and the path going forward is likely mean reversion, price gravitating around the monthly mode area that sits below, with very well defined upper and lower barriers keeping price range bound for a while. Current short term setup is a short if price breaks into new lows on Monday pretty much, and we can already figure...
$PBR has a great looking setup here, it also pays a massive dividend, but it comes with a nice dose of political risk with Lula at the helm in Brazil. If you did the due diligence, this is a great trend signal giving a low risk entry for you. Best of luck! Cheers, Ivan Labrie.
Very nice looking setup in $GD here, likely correlated to oil stocks here as a big chunk of their revenue proceeds from their marine division (and oil tankers). Overall a nice play considering macro here. Best of luck! Cheers, Ivan Labrie.
The daily trend is turning up, which could end up leading to a larger timeframe trend forming in Shopify over time. Low risk entry here, see levels for entry, stop and take profit targets. Best of luck! Cheers, Ivan Labrie.
Nice setup here, daily signal just popped, can fall a long way from here if it works. Best of luck! Cheers, Ivan Labrie.
Looks like a decent setup here... Best of luck! Cheers, Ivan Labrie.
Very nice setup here, now that FOMC risk is out of the way. We have an actionable long setup with small risk, if price holds over the white box below, it will steadily rally for 14 days in a row at least. After that it might consolidate or retrace (or reverse), but keep in mind that the existing rally could end up triggering a larger monthly trend, which could...
First bullish reversal in a long time since the protocol was down 92% ish from the top. Interesting signal here... Best of luck! Cheers, Ivan Labrie.
Bullish here, if things hold up or go higher after NFP this will work out fine. Stop loss below the accumulation zone (the mode). Best of luck! Cheers, Ivan Labrie.