Before the buys comes in; bear flag formed and more drops should be coming from the sell pressure. Should see not much consolation then bears take the control of the sell off. Not good time to buy now because on 1H-4H chart another bear flag formed. Buys about 1800 or 1820
After my price target was reached: If you too have an Airbnb I think you noticed how your bookings declined YoY. That will be reflected in the company`s earnings as well. Now looking at the ABNB Airbnb options chain ahead of earnings , I would buy the $105 strike price Puts with 2023-7-21 expiration date for about $11.15 premium. If the options turn out to be...
Coinbase CEO says he heard rumors the SEC wants to ban crypto staking. Already crypto exchange Kraken shuts down crypto-staking. This will have ripple effects in the entire industry! My price targets for Bitcoin BTC are: BTC /USDT short Entry Range: $21800 - 22000 Price Target 1: $21200 Price Target 2: $20100 Price Target 3: $19000 Stop Loss: $23550
If you haven`t shorted PayPal after my last chart: Then you should know that looking at the PYPL PayPal options chain ahead of earnings , I would buy the $85 strike price Puts with 2023-4-21 expiration date for about $6.30 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your...
AMGN Amgen to buy HZNP Horizon Therapeutics for about $27.8 billion. This huge spend could trigger a selloff in AMGN Amgen stock after earnings. It`s speculative, but looking at the AMGN Amgen options chain ahead of earnings , I would buy the $240 strike price Puts with 2023-2-17 expiration date for about $2.75 premium. If the options turn out to be profitable...
If you haven`t bought the dip: I think now is the time to sell once again. Looking at the NFLX Netflix options chain ahead of earnings , I would buy the $300 strike price Puts with 2023-1-20 expiration date for about $5.40 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your...
Looking at the KEY KeyCorp options chain ahead of earnings , I would buy the $14 strike price Puts with 2023-6-16 expiration date for about $0.27 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Looking at the SCHW The Charles Schwab Corporation options chain ahead of earnings , I would buy the $82.5 strike price at the money Puts with 2023-6-16 expiration date for about $5.40 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Gold bear into 1920 strong resistance should expect the big fall sell off. Bounce back expect 1840 zone or 1850. But should see more fall from shortage buy big drop down to 1720-1730 area should bounce back up retrace a bit. How far gold you think will drop? Let you answer this
If you haven`t sold at $148 when i warned you about the high valuation: Then you must know that ABNB Airbnb will close its business in China because of strong competition with local operators. My price target is still $95. Looking forward to read your opinion about it.
TRX is a collateral in the stablecoin USDD, that keeps depegging!!! This week I predict another selloff in the stock and crypto market after the CPI report on January 12. My price targets for Tron TRX are: TRX/USDT short Entry Range: $0.052 - 0.055 Price Target 1: $0.049 Price Target 2: $0.045 Price Target 3: $0.030 Stop Loss: $0.062
EGLD Elrond is trading lower after the rebranding. Looks like a fail that could continue. My price targets EGLD/USDT short: Entry Range: $43 - 44 Price Target 1: $35 Price Target 2: $28 Price Target 3: $24 Stop Loss: $53
Looking at the C Citigroup options chain ahead of earnings, I would buy the $47.5 strike price at the money Puts with 2023-3-17 expiration date for about $3.05 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Justin Sun is the CEO of TRX, Tron, the 15th biggest cryptocurrency, with a market cap of $4.74 Billion. Justin Sun`s TRX also controls a stablecoin, USDD, that keeps on depegging from the dollar recently. He has also a controlling stake in Singapore-based Huobi, the fourth largest digital asset exchange. Yesterday the amount of withdrawals from Huobi were...
Based on the chart (breakdown from the Bearish Pennant) and World Economic Outlook, I think ETH Ethereum will reach the $600 level by mid 2023 and close the year at around $1000. Looking forward to read your opinion about it.
I see this setup as a great trade opportunity to finish the year strong. I believe Gold is going to take out this previous week low, I have my reasons for that and if it's so I'll update them to this idea after take profit or stop loss gets hit. As always I use this as journaling/learning purposes.
Let's face it, the volume isn't there. Retail buyers are broke, many die-hard crypto fans have been destroyed and the LUNA and FTX melt-downs absolutely killed sentiment and damaged the industry beyond any short-term repair. Hash-rate is falling miners are going broke and bankrupt and retail credit card debt is at an all-time high. I was looking for a...