Great reward to risk in this weekly chart setup in $GSK, worth a shot, you can probably play it with options to not allocate too much capital in this idea and have limited downside risk. An ITM put spread or some kind of Iron Butterfly OTM can both reap the passage of time profiting from Theta dropping and also give a positive reward to risk if carefully...
Nice setup here, stop area is under 1.065, targets are 1.287 and 1.55. Has time until Feb 20th to play out if not stopped out... Best of luck! Cheers, Ivan Labrie.
$BK has a great setup to go long here, and relative strength vs the index today, which gives it a bit of extra confidence. The trade would fail below $49.94, has until Feb 21st to trend higher, until hitting $53.06 at least... Best of luck! Cheers, Ivan Labrie.
After failing to drop with a bearish signal, a 3-day timeframe trend has triggered here, upside is substantial if the signal works, stop loss area below $2.2. Best of luck, Cheers, Ivan Labrie.
I had published a video idea discussing Chinese EV names, and China reopening as a possible bullish catalyst for demand in the EV sector and to keep an eye out for bullish setups in the Chinese EV stocks. I think the time has come to scoop some $XPEV exposure here, the weekly trend is now confirmed as bullish so the move I was anticipating in my prior post can...
Interesting setup, this pair had huge volumes at Korean exchanges lately, and a clear accumulation pattern, signal triggered just now, so if above the horizontal level highlighted by the white box, it has upside to the targets shown by the boxes (both time and price). Best of luck! Cheers, Ivan Labrie.
Nice short setup with low risk in NetEase, it fits the idea of the China reopening uptrend being reversed. Decent downside if stop is not hit (see dashed red line) Best of luck! Cheers, Ivan Labrie.
Low risk buy here, signal fully confirms on close, but the breakout is a good start, as well as relative strength vs #ETH and #BTC. Best of luck! Cheers, Ivan Labrie.
Interesting short setup here in $BILI, worth a shot. Best of luck! Cheers, Ivan Labrie.
After a sharp rally, the trend is now turning down in Solana, speculation surrounding FTX likely drove this one as of late. Current bearish trend will remain valid as long as price stays under $24.60 give or take. Best of luck! Cheers, Ivan Labrie.
Nice short setup, many things leaning bearish short term now... Best of luck! Cheers, Ivan Labrie.
Sorry XRP Army guys, it is what it is, trend is turning down here in the short term. If you sell or short to hedge or simply short while holding fiat, stop area should be over $0.4150 to be safe. Best of luck! Cheers, Ivan Labrie.
As the Shanghai fork gets closer to materialize, the idea of a supply shock affecting crypto market stability becomes more important to consider. 15 million Ether deposited by 485k validators are currently locked in the Beacon chain and will be freed in one month give or take. I'd be ready to short if presented with opportunities to do so, it is imperative that...
Sushi has a low risk signal here, defined risk and upside for the coming 16 days. Best of luck! Cheers, Ivan Labrie.
The Pound has a nice setup in the weekly here, trend turned up a while back as per my prior publication, following a massive extreme inn negative sentiment towards the UK which helped the exchange rate collapse before eventually forming a bullish basing pattern. Current signal has a decent reward to risk and high probability, so it's a good addition to your...
Trend is down, support down @ 70, stop @ 79.60, good to have some short positions going just in case. Retracement towards $76.09 would be a good level to add or enter if you rather enter on retrace, cover 50-75% when target is hit and trail stop to entry, then cover the rest at $70 ish. Best of luck! Cheers, Ivan Labrie.
I think we have a low risk trade here, buying bonds until March 17th or so. Weekly trend is up, until said date, and could after that form a new consolidation and new continuation pattern over time if my view here is correct. Definitely a good idea to have some exposure to bonds, I personally opted for buying OTM calls to ride this signal, but you could use...
Both daily and weekly time-frames show a nice bullish trend in the stock, upside seems astronomical vs risk here (stop @ $5.60). Totally worth a shot if it has legs... Best of luck! Cheers, Ivan Labrie.