Search in ideas for "RATIO CHART"
Aventus - doubling within some days, $70 in a month or twoThis is not financial advice. I am a rookie trader (please ignore the "pro" mark).
I'm hugely bullish on Aventus. I bought a bunch.
WHY BUY?
It broke out of a bearish Fib. circle set some days ago and got that pushing it up.
It is soon hopefully gong to break out of a giant bearish Fib. circle set (upwards).
It has some great circular symmetry with the mid size circle set that is bullish and is in the bottom of that.
Everything will in in a symphony push the price up together to the moon.
Looking at the AventusBitcoin ratio we find some great symmetry and potential for a rise (ratio chart below).
Everything is looking awesome.
‘Margin of safety’; accumulate towards a $9 cost basisMarathon Oil Corp. $11.31
July 13th 2017
Energy has underperformed the S&P 500 by -21% year-to-date. Marathon is down -35% and trades at a 22% discount to tangible book value, despite being relatively well positioned to withstand lower crude oil prices (figure 1).
At 6.2x EV/EBITA (9.0x sector average), there are signs that patient investors will be rewarded by the company’s current valuation.
Tactical Summary
Speculative positioning: Speculative positioning is extremely short, for only the third time in 15 years (not pictured) . Notably, the current extreme has set a new record, surpassing even the pessimism that surrounded the stock in 2016 when crude oil was trading 40% below current levels. This is a bullish signal for contrarian investors.
Patient money flows: Real money investors are accumulating at current levels (not pictured) . Although the stock declined further following a similar condition in 2015, the current setup has a coincident extreme in speculative positioning, which was not the case then. The last (and only) time there was similar confirmation was in 2016, when the stock registered a 14-year low before trebling over the next 9 months.
Technical analysis: Although momentum is currently negative, the RSI oscillator is oversold on a weekly and daily basis which suggests that price may begin to stabilise (see chart) . A new regime of outperformance would be confirmed by a crossing of the two moving averages shown in the ratio chart in figure 6.
Trade management: Price is currently around the 61.8% Fibonacci retracement level from the Feb ‘16 low (see chart) . With fundamental value present, investors may look to establish a position here and accumulate towards a basis of $9.25, coincident with the 78.6% pivot. Whilst our valuation ‘margin of safety’ would have grown a further 20%, a break below this level would suggest a retest of the 2016 low ($6.50).
Disclaimer: This report is compiled for professional investors and intended for the named person's use only. It may contain confidential, proprietary or legally privileged material. Data is provided for informational purposes and should not be considered sufficient to base an investment decision on. This information should not be regarded as a solicitation or recommendation of any particular security or to engage in any trading strategy.
ETHBTC: Ethereum is in an uptrend in the intermediate term$ETHBTC shows a strong uptrend in place, with a good chance of accelerating after this weekend, which is charged with news, as the Enterprise Ethereum Alliance group releases a demo of the technology they have been working on, and a series of important events take place during next week and during June. If we hold up here, and just close here or higher, the weekly will confirm a new uptrend signal, with a considerable target, which I have labeled on chart here.
At the same time, we have a monthly uptrend currently active, which indicates two targets as logical and highly likely to be attained, 0.14 something and around 0.25 BTC, in the ratio chart here. Refer to my other $ETHEUR posts for the fiat targets and analysis. Although the chart is slightly different, strong trending moves in $ETHEUR will correlate with the $ETHBTC ratio going up for the most part.
Good luck if already long, if not, buy into it during a few days, price shouldn't drop below 0.0359 technically speaking, and any retest of the zone below would warrant a buy, but hopefully, it doesn't happen and it just trends up from here onwards.
Cheers,
Ivan Labrie.
ETC BREAKOUT?ETC BTC ratio chart broke out of red triangle ( with decreasing volume) while shooting away from the 100 dma and through the 23% fib retracement.
ETC also broke through hard resistance line X and looks to be headed for the top of the fib zone.
Eventually ETC will see resistance at the top of zone 4 (top of the blue channel).
Line X and the middle blue line of the diagonal channel offer support
Watch for stochastics to embed above 80 and RSI to spike above 70... if this happens ETC could be headed for all time highs.
ZEC/DASH+XMR: Probably good to swap your XMR and DASH for ZECLooks like a turning point here in the ratio chart of these coins pitted against ZEC. ZECEUR and ZECXBT hit a huge support level which is an ideal long entry, so, if interested in riding the potential uptrend continuation play in it, consider taking at least partial profits from any holdings in DASH or XMR that you may have, to invest in ZEC. It is relatively stronger now, and also cheaper, so, it might catch up to these two other similar assets.
Cheers,
Ivan Labrie.
Copper/Oil spread: once again getting out of handWe have an interesting spread between copper and oil, with the ratio chart showing signs of outperformance in Copper, relative to Oil today. We might be at a local bottom for this ratio, which paves the way for AUDCAD longs, as well as trading Copper and Oil futures/CFDs as a pair, going long Copper, whilst simultaneously going short Oil.
This is a very interesting signal, so keep an eye out for the effects of it. Check related ideas for the previous signal' results.
Cheers,
Ivan Labrie.
TD/CUBI: TD offering an interesting shortTim West has shared this setup in the KHL chatroom this week. I'm posting it so everyone sees it, in case you missed it.
We can enter shorts in TD, and additionally longs in CUBI to create a pair trade (or simply take the short).
Position size if trading the pair involves risking going long with 7% size in CUBI, and short TD (with the same size), simultaneously. This gives us a 1% risk if the ratio chart falls to 0.58, which will happen if TD moves up 7%, or if CUBI moves down 7%.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
(2h) Completed Gartley @Cluster // Eventual Shark // IF=THEN ®FX:EURJPY
GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD
SHARK:
Point B:
61.8% XA
Point C:
113% to 161% AB
Point D:
161% to 224% BC
88.6% to 113% XC
Target:
38.2% to 100% CD
Safe Trades;
(third wave by Calmstreet) ;)
open.spotify.com
Gold/Stocks ratio: Time to short Gold and Long S&P500 soonMany people will think this post is insanity, but I'm simply revisiting, and zooming on a very interesting setup I had detected some time ago.
This is a ratio chart of the S&P500 index compared to Gold. The risk off sentiment is reaching a very vivid extreme here, and like anything else, it trends with Time at Mode concepts.
I'm interested in monitoring it since we're very close to a projected target for it, and also, close to the time expiration of the last uptrend signal.
If we see a drastic turn once either (or both) targets are hit (time/price), we might be able to capture a great long term entry in this ratio.
Refer to related ideas for the monthly view.
Cheers,
Ivan Labrie.
AMZN/BABA: Interesting pair tradeWe have an interesting setup with only 3.65% downside, but with a potential 23.02% upside based on my 'Time at Mode' analysis of this ratio chart.
Fundamentals for AMZN are good in the long term, it has been a relatively strong company, and has many interesting future developments ahead (like the introduction of drone delivery of goods, ocean freights from China, to name a few).
Many would consider it to be overvalued, but I think it offers a good technical and fundamental setup here, pitted against Alibaba.
The idea is to go long AMZN and short BABA, adjusting the position size based on volatility.
I won't delve much into the specifics of position sizing but it's of paramount importance for this type of trade.
If we risk 1%, we can make 6.3% in this trade, and it's an intermediate to long term trade.
Good luck if taking it with me.
Cheers,
Ivan Labrie.