Bearish Fundamental - Inflationary macro environment / fear sentiment - Funds Distribution - High PE - Decent PEG - Decent P/FCF - Strong Sector / Industry / Not Leader - Decent earnings - Decent fundamental Technical - Momentum Theory Indicator - H&S formation momentum - Price action formation ( rising wedge ) - Broke upward Trend line and retest...
Bullish Fundamental - High inflationary macro environment / fear sentiment - Earnings don't looks favorable coming quarters - Funds Accumulation - Decent earnings - Decent PE - Decent PEG - Positive P/FCF - Weak Sector / Industry - Covid lock down theme ? Technical - Momentum Theory Indicator - Seems like bottomed and making a reversal trend momentum...
Something is broken in the Insurance sector. Is there insurance for insurance? Trading is like Sherlock Holmes, sniffing for clues. And this is what we found! $IAK - volume surged since 21st May 2022 - POC level seen at the peak of the chart seems like smart money has been distributing at the top - bearish momentum divergence / momentum broke below...
Bearish Fundamental - High inflation macro environment / weak sentiment - Funds Distribution - Decent PE - Negative PEG - Decent P/FCF - Strong Industry - Supply and demand playing catch up ( over stocking ) Technical - Momentum Theory Indicator - bearish divergence on the daily - Price action formation ( rising wedge ) = diminishing bullish momentum -...
CASH IS KING! CASH is currently the best hedge ( not Bitcoin, Cryptocurrency obviously ) against such brutal market that took out both long & short, depending on your time frame. VIX is very telling that it might break previous high now that it is onside with momentum is picking up. As VIX and the indexes are inversely related. The SPY, NASDAQ & DOW will be...
Here is a review of my stopped out trade review on $ELF with a 1:3 risk to reward thesis. Bearish Fundamental - High PE - Negative PEG - Negative P/ FCF - One must note beauty and cosmetic related products are always top of the chart in the online business / Lazada / Shopee Technical - Price broke down 2 years upward trend line with a long wick rejected -...