I suspect the weekly down trend will extend towards the downside target suggested by the monthly timeframe here. Since the Fed announced their 'whatever it takes / infinite QE' approach towards containing the economic shock caused by the COVID19 induced panic, Bitcoin enthusiasts were quick to find yet another excuse to be all in, and justify their expectations,...
I think someone thinks like me here, RgMov is surging in this ratio, showing $BTC outpace $GBTC, Barry Silbert's shady fund, that trades at a massive premium since forever, due to it being the only way to get $BTC exposure for most people with brokerage accounts since basically forever.
Once an ETF is viable, premium will vanish, making this a good bet, if you...
I think the base in $CRON offers a great opportunity to go long here, with very low risk and potentially huge rewards if we get a new big trend in the 2-Month timeframe. This chart is ripe for a 10x-20x advance, once it gains traction from here.
Cheers,
Ivan Labrie.
I published this one only now, I've been long for a good while, and banked profits recently. I bought $BAC today, near the closing price. I think this stock is primed for a huge rally, that will end in a new all time high by 2021. Definitely one of the strongest long reccomendations I can make to benefit from the long term trend that is active in the S&P500 right...
I think Nat Gas is bottoming here for a while. It can swing up strongly, if it holds up. We have 4 days without going any lower, soon to be 5, the next move is going up and retesting the key level at 2.27, if holding over it, the next level is 2.88.
We have 5 months already, where price stayed higher than the lowest low which took place back in August 2019. A...
$CSIQ has a strong chart here, and good valuation in a very interesting growth industry. The daily chart has a signal here indicating a steep rally is starting, this might end up evolving into a larger timeframe trend, as the quarterly flashes a breakout over time.
I'm looking forward to holding if that is the case, after this daily signal reaches the...
$KEY has a great chart here, trending in the 2-Month timeframe, similarly to $BAC and $SPX , I think it may be a great hold from here onwards.
It's at a good dip, near long term support, hard to beat the reward to risk ratio here.
Cheers.
Ivan Labrie.
USDNOK is in an active quarterly uptrend, and now retested a good long term support level. Longs from this zone are likely a very safe proposition, problem is having a safe enough stop loss for the trade, since the time duration of the trend is very long.
Price should rebound here, and if it does, it would be a huge reward to risk trade to go long with a tight...
I think #CGC is being accumulated as it bases sideways here, since most people probably sold after it bottomed recently. As pointed out by @timwest, tax loss harvesting might have played a part in the supply that came to the market recently, which should be over by today.
I'll be accumulating shares gradually here, currently bought a half position before the close...
It seems there is a mid term opportunity to be long precious metals for 12 weeks here. I'm long since last week again, as a way of reducing risk from my net long equities exposure (roughly 21% net long, I'm short $AAPL, $AMZN, $NFLX, whilst long $TSLA, $BAC, $INTC).
Upside in gold can reach as high as upper 1700s, if this signal pans out favorably. Risk is a drop...
I think the daily based decently here, and judging by Friday's bar, a trend might be about to gain traction.
Silver is likely a good buy from here onwards, should be a good addition to your portfolio, to hedge equities risk, and/or to profit in a speculative FX/Futures account.
There will be many trend trading opportunities in precious metals going forward, most...
On Friday I bought back into #Gold positions after a long time without having any exposure to the precious metal. Me and my clients entered here:
'Let's buy an #XAUUSD long position here, stop loss @ 1417', this tweet was sent when price was 1454.58, 10:48am UTC-3 at the time.
twitter.com
If I'm not mistaken the bimonthly trend signal active in $XAUUSD might...
