plenty of upside, will likely have a bullish breakout of the falling wedge it is in, being that it bounced off the previous all time low back in October of 2023 marking a potential bullish reversal. Also, it is a bit difficult to see – but it looks like price action is forming a reverse head and shoulders which is a very strong bullish reversal signal – currently...
I recently released 2 libraries and an indicator that revolved around ETFs, their composition and their performance. Creating these libraries required me to do quite a bit of research on which ETFs are currently dominating the US market and which may be more obscure. It also lead me to discover that quite a few new ETFs with pretty powerful holdings have hit the...
Idea for UFO, stocks and indices: And there shall be upon every high mountain, and upon every high hill, rivers and streams of waters in the day of the great slaughter, when the towers fall. UFO PT: $11 BTC PT: $6k SPY PT: $60 UVXY PT: $1100 FEDFUNDS PT: 60 GLHF - DPT
Space ETF (UFO): The UFO is a space-related stocks ETF, it is traded 1.2% down yearly. 3 Month Avg Volume 38.1k 1 Month Avg Volume 78.1k (2X) Biggest holdings: (Name / % ETF position size) 1. IRDM 5.95% 2. ORBC 5.66% 3. MAXR 5.30 4. TRMB 5.29% 5. LORL 5.02% If we break the rally into the Eliot impulse wave we can see : 1...
MANY OF THE COMPANIES FEATURED IN UFO WILL BE IN THERE'S AS WELL. THE FLURRY OF BUYING WHEN ARK LAUNCES THEIR SPACE ETF, WILL SEND THE UFO ASSETS UP.
Candle analysis provides bullish view considering recent 2 window up gaps. Consider same as strong bull technical signal. Macro wise UFO is inside space cash narrative. Bullish again. Spiritual wise the time has come for Full Disclosure which is mega bullish for UFO. Disclaimer: am long UFO as 4% of my Portifolio. First purchase at usd 26 then during Plandemic...
Top 10 Holdings SPCE - Virgin Galactic Holdings Inc Shs A7.13% MAXR - Maxar Technologies Inc5.87% ORBC - ORBCOMM Inc5.42% IRDM - Iridium Communications Inc5.26% TRMB - Trimble Inc4.99% GRMN - Garmin Ltd4.95% DISH - DISH Network Corp Class A4.69% SIRI - Sirius XM Holdings Inc4.61% SES SA DR4.58% LORL - Loral Space & Communications Inc4.58% Not a...
the risk reward is basically infinity to 0
I like this play as a long term hold and seems to have broken the 27.00 range. Looks like a darvas box breakout on low volume. I would expect a retest of 27.00 as a cool off of the current run, then moving higher again. slightly overbought, but i wouldn't expect it to make a full correction. 27.00 has now become strong support. I would enter at 27.00 and set a 1%...