Buying SymboticTrading Fam,
I am also entering Symbotic here. My Pivot Zones Indicator is showing we are in a large demand zone. It also fired a BUY signal inside of this demand zone a few days ago! Further confirmation. Additionally, you can see we are using that 350 day SMA as strong support and have already touched the bottom of our descending channel.
I have entered at $47 and will shoot for the top of our channel as my final target. I may even leave a little on the table once reached here to see if we break through!
✌️Stew
Pivotzones
Buying Hycroft MiningTrading Fam,
Precious metals have all come down into more attractive pricing territory, where prices are being absorbed by demand. That said, Hycroft Mining should be a good play on this observation.
From a technical standpoint, price has settled at the bottom of a larger triangle, which seems to be acting as support. Additionally, my Pivot Zones indicator is showing that this is a buyer zone. Though we have not received a BUY signal yet, I am willing to jump the gun a bit on this one, seeing that it is in the buy zone as well as at a solid support, a great area of confluence.
I like this trade to the top of that triangle and might even hold a small portion once reached to see if we break through and go even further!
✌️Stew
Bitcoin to $81,000 Is It Still Happening?Trading Fam,
The current geopolitical news is causing massive uncertainty in the markets. Volatility is increasing. But if we read the charts right, it can help guide our potential direction and trades. And thanks to my Pivot Zones Indicator , I have additional confidence in Bitcoin's potential price path forward.
I recently entered Bitcoin at 64.5k. Sold at 73.5k. And now I will look to re-enter long at 64-65k again, targeting a final price of 81-82k. Once we reach this price level, the true test will begin. As I have stated all along, I remain bearish long-term unless this level can be defeated with confirmation on the daily and weekly charts. Until that time comes, my downside target remains at between 40-50k.
Let's take a deeper look at what I am seeing on the Bitcoin chart.
✌️Stew
Buy Signal Given on HOODTrading Fam,
Keeping this trade simple here with low risk. Received a "BUY" signal from my Pivot Zones Indicator and I'm entering the trade. We are above the 200-day SMA. I want to shoot for that fairly recent gap down that was made at the end of last year as a target. I will exit if we drop much below that 200-day SMA. At entry, this trade was a 1:5.4 rrr.
✌️Stew
PayPal Long Trading Fam,
Because I kept my stops fairly tight on my last entry into PYPL, I was stopped out. I was okay with that. However, since that time, I have received two more buy signals with my Pivot Zones indicator. I can't ignore these signals. I have re-entered at a price of $59.53 with a 1:4 rrr. Same target, but the stop is just below that last pivot low rn.
✌️Stew





