ChartMeNot

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30-year bonds are yielding 3.2%, this is not a bad value if the Fed cuts long term growth, that's why everyone is parking their money here at this level. Now, if they pivot and we enter "stagflation", run away. Buying TMF (3x TLT) at this level NFA DYODD

ChartMeNot

Bull case: Gartley pattern, 786 - 886 retrace, AB=CD Everyone's bearish TSLA still holding up, yeah that's the ticket. Bitcoin holding 18k, yeah totally DXY overbought, bearish divergence (see below) Bear case: Broken trendline from covid lows through June lows End of quarter forced selling by funds Rosh Hashana apparently a big selling time S&P closed 3789...

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UPST is a story stock (AI, disruptive) with unfortunate macro headwinds. If the tech turns out not to be smoke and mirrors, it could be really disruptive. Possible buyout target, but unfortunately nobody wants to throw around 4 billion these days. Except Elon, LOL! No position yet. Already lost money on this and trying not to have "stock-holm" syndrome.

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This has been beaten down long enough. I'm assuming there is some tax loss harvesting going on end of year. There are waves and harmonics going on here, looks like a good support level. Trying to pick up these shares for 160. Let's see if I get filled.

ChartMeNot

Gotta say this is tempting. So is proof of stake possible to compete with PoW? Economically I understand this just makes the existing holders constantly wealthier. Also there are pre-sales, etc. So, kind of a scam. On the other hand, the tech is pretty cool and transaction fees super-low. So this seems pretty competitive. Drew like 3 pitchforks on this chart,...

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This trend line is crazy. T-notes just bounced off it a few days ago. If it breaks the bear market is confirmed.

ChartMeNot

I will wait for confirmation before investing in this company. In fact, earnings are end of month. So we'll look for a good entry, either a breakout of this wedge or retesting the bottom. We'll see.

ChartMeNot

This is basically an AB=CD prediction, also showing some possible ranges for 1.61 extensions, also 4000 is a pretty big psychological support level, also there's a gap around there from April of last year. Also I bet this will give people plenty of time to get in and wait for confirmation and everything. FOMO no mo. Based on these trend lines, selling everything...

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Also saying the market is possibly going to reverse around here.

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Looking for a little more confirmation here. Thing is this is a good cloud software company with lots of FUD. Good buyout target. Will probably nibble on this soon.

ChartMeNot

SaaS, high growth, fintech, what's not to like. Of course it's a "story stock" currently with customers like Affirm, DoorDash, Instacart, Klarna, and Square. Also they provide card services to crypto companies like Coinbase and various "rewards" cards like Fold or Bakkt. They just released a small SEC filing saying they plan to beat guidance next month. I'll be...

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Assuming the market does not completely tank, this may have found a bottom. See the large amount of accumulation around here. The 1.272 retrace of the last move is around 43, where the stock triple bottomed. If this fails the next stop could be 34. The first resistance, assuming this can break 51, should be the 0.382 retrace of the full down move, around 55-56.

ChartMeNot

This is for @gooney0 who told me this is normally bullish or a continuation. I'm guessing this will be a rejection. No position currently.

ChartMeNot

Three different AB=CD patterns will complete in the next few days, with a price range of 78.21 to 84.22. This is also the peak of the VP of the last 300 trading days (82.30). TV doesn't have a real AB=CD drawing tool that matches the CD to the AB leg, so I had to calculate this with percentage changes on a calculator.

ChartMeNot

Obviously, saying this is the most important week is like a cliche at this point; it's the most important week since the last most important week :)

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The market took my money on this one. Got stopped out on this crazy down move around 17.50, with the bottom around 17. Still need to learn to reverse it and put in orders where I put in stops. Anyway the plan for now is to wait and see. There's probably a lot of overhead supply. Nonetheless notice the bullish divergence here. Who doesn't want to own Robinhood?...

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Need to do some DD on this. Berkshire continues to own 10 million shares as of 9/30, reported 11/15. Next report date would be Feb. 15th. I'm a big fan of Brazilian companies, I know there's "political risk" in Brazil, kind of like China, but it's overblown IMO. Looking at a bottom around 14-15, noticing higher lows, now just need to see prices higher than 21 for...

ChartMeNot

I don't know how tax loss harvesting works exactly, can you buy back shares on the first day of the new year? Anyway good bullish volume for MDT today. Looking to buy at 104.52 and at least fill the gap.