$TSLA has a bottom signal in the daily here, I'm long as of yesterday, time and price target is shown in yellow. Until the next earnings report, price might glide higher. Considering the $TWTR merger, risk of Elon needing to sell more shares is a scary but not impossible bearish catalyst that could rain in the bull's parade soon. Partnering with a PE firm would be...
There's a possibility of further downside for $AMZN over time, but currently, price action and the drop in commodities suggest that $AMZN is likely to go higher for a while.
Until the next FOMC meeting, market participants might bet on a Fed pivot taking place sooner rather than later, given the drop in commodities suggesting inflation might be under control...
Now that the board unanimously approved the merger, and the broad market is staging a relief rally or even a bottom, as inflation being under control potentially sets the stage for the Fed to pivot and stop hiking (at least this is what the market might be pricing in), $TWTR offers a good reward to risk entry to go long and pull off a merger arb trade here. Upside...
Potentially a relief rally in a long term bear market...Weekly trend hit target, monthly trend is still down and equities could top after a relief rally. I'm long $BTCUSD here, aiming for a move back to the range of the Ukraine invasion day, give or take. Time@Mode trend in the daily turned up, so if the base here holds up, we will go higher. A lot of pessimism...
I'm long PMs as of today, Silver and Gold acting strong after a weekly down trend expired recently. As per my long term yearly chart data, both $XAUUSD and $XAGUSD show long term uptrend signals active and are attractive to rejoin that potential scenario being oversold into support, while short term charts progressively turn bullish from daily upwards. Weekly had...
I suspect it is a setup like back in Nov 2017 here, which is interesting as I was not anticipating this could happen based on overall data and sentiment, but it is what it is.
The interesting part is this signal would more or less be in tandem with equities rallying until end of 2021 or mid 2022, perhaps with crypto topping sooner than that? I am a bit surprised...
I think $AAPL offers a great long term short opportunity here, I specially like the idea of being long $BRK.B and short $AAPL to nullify the exposure Berkshire contains as well...Valuation could come down substantially with the on-shoring theme materializing over time as China manufacturing fueled margins would suffer. We have seen demand slumping lately, with...
$NIO is extremely over valued here, their competition in China is fierce, and $TSLA is leaps and bounds ahead of what they can achieve. Quarterly deliveries were like 1/10 of what $TSLA delivered in the last quarter that was announced...Sentiment is extreme and after complacency and euphoria we had a sharp down day at the top. There is a fund shorting it, and Ray...
Soybeans have been consolidating and shorts have been hitting the same level near the invasion day highs for 3 months give or take, today price broke out and confirmed a weekly trend signal. The monthly timeframe indicates beans can rally until October 2022, so, getting lower timeframes to turn bullish again presents us with a massive reward to risk long...
I think we are likely to see a massive move down in DeFi names, the contract issued by FTX is a nice way of riding the eventual move down, which can be magnified if we get some large protocol issue, or some unexpected black swan event causing a cascading decline of epic size as a gigantic levered bubble bursts. It is likely the best short in crypto, to profit from...
Soon the weekly and monthly can flash a signal, aligning with the 2 month timeframe forecast, for the end of a trend by the end of April 2022, which I had anticipated back in July 2020. The last time we had this pattern was in December 2017, right before a fall from 20k to 3k over the course of 1 year. The monthly trend could turn down, and if so, predicts a move...
The quarterly timeframe chart had a trend signal that formed when the market broke out of the range that formed before and after the pandemic shock and subsequent lock public health, fiscal and monetary policies impacted equities. The stimulus driven bonanza ended and the market topped as the world knew the Fed would embark in quantitative tightening to normalize...
Quarterly charts look extremely appealing in various defense names, $CW is one example of a good valuation and technical setup being present in tandem, together with the right macro backdrop for long term appreciation in this stock. Price to sales is at reasonable levels vs margins here, and free cash flow yield is around 5.95%, with a 4.35% earnings yield (TTM)....
$SONO has a great short signal here, paired with a longer term down trend active, coming down from overbought readings in the daily timeframe, and below the most recent 'Key Earnings Level' from the 'Key Hidden Levels' suite of indicators developed by my mentor @timwest . A great setup considering possible implications and the state of affairs in the market these...
The decline on ERURUSD continues but we still don't have any selling opportunities.
In order to get involved in this downside move, we want to see a pullback to our sell zone.
This way, we will get a better risk to reward ratio and also an extra confirmation once we see a rejection.
Price is currently trading near support which means it's very likely that we...
I think $PFE offers a tremendous opportunity here, good setup to enter a position with low risk vs reward potential. Could be a long term position as well, depending on how it evolves.
I'm long 12.07% here, risking a 3 times the daily ATR move against me for a 1% loss if it drops that much. Valuation is attractive and long term charts have a huge setup in $PFE,...
I've been thinking about it and the setup here is probably the best trade to take in crypto markets going into the end of the long term trend signals I had forecasted in $BTCUSD and $ETHUSD as far back as July 2020.
Weekly and daily charts, and also ratios vs $BTC and $ETH show $LUNA can perform incredibly going forward. We all are aware of Do Kwon's stunt, to...
I'm short here, hedging my long book. Got a few long term positions that should do well regardless of whether this is part of a larger relief rally in a bear market, or a new leg up with new highs coming...but also have some growth positions I bot to capture the oversold names turning up that I need to manage risk for. I will be closing the ones that fail, but...
