Someone pointed out to me how high $AMD was and this just JUMPED out at me as a short. Fib time zones... But look at how clear this is We even have a very clear stop on the 1 hr. For sure on watch Monday Join our discord and tell us what you see. Its free discord.gg
This is hanging off a cliff in a downtrend. RSI is a little low on long term so shorting does make me a bit nervous. How about we look for the right short signal on the shorter term (5 min) time frame and then see what happens. Be protective but that bear break looks likely. Could take 2 or 3 days to touch the bottom of the channel again. You could play long...
Kinda drafting this idea. Might expand on it. ________________________________________ MJ ETF at the bottom but still needs time to turn. LOST A TON in the last 5 days. LIKE 20%. VERY good price for this but A LOT of MJ stocks are at CRAZY discounts. TLRY CGC CRON NEPT! This has not fallen like them. ... Is money shifting from ETF back to individual names.......
TraderNoxtreme here, Biotech Stock with positive phase 2 results. HOT setup "La Jolla Pharmaceutical Co. (LJPC) on Thursday reported positive results from the interim analysis of its phase 2 study of LJPC-401 (synthetic human hepcidin) in patients with hereditary hemochromatosis." Don't know what that is but this setup is fire. Break out the top of the wedge...
GUSH Reversal? An idea I'm considering but its a bit complicated to trade this one. 3X ETF containing a bunch of nat gas an oil stocks. Very high correlation with XOP. Watch out for decay if you plan to hold. HONOR YOUR STOP and don't be greedy yet. Here is a screenshot of the 3 tickers shown in the idea cart. i.imgur.com Oil (/CL), Nat Gas (/NG), and XOP have...
TraderNoxtreme here for a quick trade recap for you all. This one pretty much fell in my lap which is what you want in trading. This being said, the more you search for setups the more trades fall into your lap. Last night a YouTube video alerted me to a small gap setup on NIO. I quickly charted it and threw it on my watchlist. Premarket NIO pushed up into the...
TraderNoxtreme here. This was just too hot NOT to post. This is a 2 hour chart comparing the run up in 2017 to 20k to where we are now. I traced the price action and marked the indicators. Price levels (lines) are the same and I scaled our current chart to fit the price levels on the 17 chart. Kinda close... BIG TAKE AWAY We could run to 20k in the next 28...
TraderNoxtreme with a quick, successful, swing trade recap. We dumped hard on APHA (which was already pretty deep in a downtrend) during the first 30 minutes of the trading day friday. This brought our 1 HR RSI to 20 and our 4 hr RSI to 31. I wanted to wait for 30 RSI on the 4 hour but after seeing 11 5 min candles with consistent bull volume and getting back...
TraderNoxtreme calling out what looks like a good entry. MJ stock Looking between 3 and 2.65 as entry if we get there before trend reversal. ITHUF has dropped about 51% in about 3 months and about 42% since the 23rd of April. Related to earnings miss on 5/30/19 (appears to be the reason for this leg down): "The company reported Q1 revenue of $9.6 million, a huge...
TraderNoxtreme here with a quick $NEPT analysis per request, Let's jump right in. $NEPT had a bearish short term and bullish to bearish mid-term turn. This being said we have a clear cup and handle formation for our May price action. MONDAY will be KEY in determining what to expect in June. BEAR case - If we get a gap down on Monday the cup and handle pattern...
TraderNoxtreme Here, Well perhaps the time has come. We have reached a SERIOUS indecision point after 2.5 months of upside. The gains have been huge. Lets be real. This could really be the top of the new bull market... We expect a lot out of this space. We do not have to go back to ATH no matter how much it seems like we should. The HYPE is fierce in this...
TraderNoxtreme here. $GUSH has been falling HARD the last two weeks roughly and people have been longing this hard on the way down. The media is now really starting to HYPE the trade war which is leading to increased uncertainty in oil/nat gas. $GUSH is a 3X ETF that has a bunch of oil and NG companies in it. It just bounced off a 3 YEAR low this week at around...
Medical device company Soliton Inc. (NASDAQ:SOLY) has received FDA 510(k) approval for its acoustic wave device for dermal tattoo clearing. Ran 148% today and about 59% so far after hours. Support around 13.70 and 10.85 ish for a bounce play. HTB so not shortable for most unfortunately. If we maintain current price we will open over ATH which would have me...
Hello Traders, Here is this week’s $LTC perspective. I’m going to shorten these up so that I can provide a wider focus for you all. I welcome discussion and suggestions. Litecoin finally took center stage the last few days. I have clearly noticed a trend where when one of our top five coins shows weakness or strength during a run or drop, it almost seems to...
Hello my trader friends, TraderNoxtreme back with you weekly Litecoin in depth. I hope you are ripping profit out of this market left and right or nailing the swings. Please like and subscribe if you want me to keep doing these. LTC Weekly 5/20/19: Not a repeat. Welp, our historical comparison broke when we hit 107+ last week which is great for bulls. We are no...
Hello traders, TraderNoxtreme back with you weekly Bitcoin Cash in depth. Please like this idea if you agree. Subscribe if you want more and comment if you have something to say. Sentiment: With the rally yesterday most of the chatter seems to be about the next rally, when to buy more in a bull market, and when you should take profit. There is also a ton of...
Hello traders, TraderNoxtreme back with you weekly Litecoin in depth. Please like this idea if you agree. Subscribe if you want more and comment if you have something to say. LTC Weekly 5/13/19: Will History Hold. I am still keeping a close eye on this historical correlation. Although we did end up with a BIG green candle to finish the week, we were sitting...
Looks like an ideal trade setup ready to break in the very near future. Stock in NTB on TD so hope it can be played either way. 44% downside 54% upside. Not concerned with which way it goes if it stays NTB. DO NOT HOLD overnight. finance.yahoo.com 1.25 CAD = .93 USD. I'm leaning to short and lines up with support. Slam Dunk?