The second trade in the £800 to £1 million challenge is a short on Vienna Exchange Stock Zumtobel. In my first post, i highlighted that during the challenge i will be using Put Options to go Short. There are 2 reasons for this. Firstly i love Options Trading and secondly i feel more comfortable with a maximum loss. Buying a Put Option allows me to firstly reduce...
2,800 is now the level to crack. If we can break above it, we move into the upper half of our regression channel. And we can have a run at the highs. An upbeat tone from earnings season will help as will a strong GDP print later in the week.
Looking back to 2016, the SPX has maintained a consistent trend. Thanks to the bounce on Friday we are now targeting a move back towards the highs. 2,800 is the first key target then the top of the channel is 2,900. A strong showing on Friday has helped save us from a short-term sell-off.
Broke out to the high side of the 1H Linear channel, expecting a little thrust before being yanked back to the mean, then the low side of the Linear channel to follow. Potential good swing setup.
Looking at $WUBA's last earnings (beat $0.12) and revenue (beat $22.26M / +36.4%) on 5/24 - I see that it is currently trading below the 2x standard deviation band on the linear regression line. I'm going to monitor for entry in the next couple of days and scan for news related to this company. Looking to swing trade some Calls as it re-enters the linreg bands.
Knight-Swift ($KNX) posted an ER beat and Revenue miss on 4-25-18. I'll be entering into some 6/15 calls with a price target of $41.75 where I'll let those go. Hoping for a fun swing trade on this dip. It's currently trading below the 255-day linear regression 2x standard deviation line.
As highlighted in the chart , the Aussie has been trending in a nice bullish channel on the weekly timeframe since Q3 2015 and we are currently seeing a test of trendline support which was last tested in December 2016 and preceeded a bounce from 0.71 to 0.76 Looking forward from today it would not be unrealistic to expect rates to cross the centre line which...
ok dear crypto community.. was a rough week! After this almost crash dump we see a bit light here. We closed at almost 8500 and now we are looking at the next target of 8800k BTC. This of course is only a short term trend analysis. We could also have a set back to 8100 levels before taking a new upwards trend to 8800 and 9k. This crash was initiated cause of...
I'm looking into $HON providing a double-bounce on the daily chart. Linear Regression and the Regression clouds show it is below value, but I have not checked for catalysts. This one's on my watch list.
Raytheon had a nice earnings beat and the price took a tumble. Hopefully we will see a return to the previous growth trend (shown with Linear Regression @ 250 four-hours). I've seen two articles on Seeking Alpha screaming the same thing I am: BUY THE DIP! The 'rate of change' graph shows RTN rate of change vs. SPY rate of change. It's just a script I'm working...
As many predicted.. if we dont break the 10k line we will have a possible retrace down to 9.4 - 9.6k. Im glad the support there did hold for now. If the regresseion trend patterns will repeat, we will observe a 10 to 15° uptrend for the next 3 to 5 days. That means we will break the 10k (psychological barrier) in the coming days. I expect a small retrace down to...
regression for the EOY on BNB. 70% here and over 400% by EOY.
MAGIC is just a bunch of illusions. But then again, so are Bitcoin spikes. After very successfully calling out Bitcoin for "testing the bottom" one week ago -- unlike nearly all of tight-pictured ideas on TradingView -- I am back again to check in on our Crypto market leader. BTC just closed above my pink trendline channel. For those that didn't see my first...
I've absorbed losses on my short positions because to be honest I'm not buying it. My analysis states that because we're in a low volume area, we're so far from the point-of-control, we failed to following through with the short squeeze, there's very little volume, and we're forming lower highs, we should expect a dump. I am short because this move up is going to...
I think YNDX presents an attractive entry at its current price. The stock has been trending upward since late 2016 (see regression channel). Yesterday, amid broader weakness in Russian names following the US-Russian dispute over alleged gas attacks by the Syrian army, YNDX dropped from the middle of its regression channel all the way out. Today that weakness...
Go short on XAUUSD IF gold stays within 2 standard deviations of the regression channel and AFTER gold drops below 4 hour parabolic SAR as pictured in this 4 hour, 2 standard deviation regression channel.
Nike has been a sensational investment because it is phenomenal brand with high-quality products led by a skilled management team. However, it is not a moat-wide company, being under pressure and up against competition like ADIDAS. However, despite declining growth rates and margin prospects the stock has jumped from 52USD to 66USD. Based on the concept of...