Chaython

Chaython

Crypto crashed again today, people have to cover their calls. Further Tesla / PayPal / chip stocks have crypto interest. Going to test last low, and going to touch moving average, and the bottom of the march crash long trend fork. Yesterday was promising, however we completely reversed at close.... EU & US will get margin called from crypto investments. Look at...

Chaython

Crypto is crashing, coinbase to go with it. The high sell volume is good for their revenue, but they won't have enough cash to cover, will either have to block outgoing fiat or take harsh loans. Coinbase has already stopped free transfers with nicehash. Coinbase is one of few with easy fiat out, it will have great inflow of crypto but no way to get rid of it for...

Chaython

Watch CPI, but we're below the march fork , support from fib keeps pushing a bullish hammer but it keeps getting stopped banging on the fork's lower third. Nasdaq has been pretty much topped out since September... Bloomberg is pumping nasdaq though, as cyclical and travel is priced in....

Chaython

UK100 is still below the pre-pandemic levels. 10% to get back to where it was, <35% to catch up to the SP500 . Smart money is betting on other country's recovery + commodities, as American indexes are sold off(over extended well above pre-pandemic) and dollar weakens(fed's printing trillions). Bloomberg and other stock pumping media companies, are pumping this,...

Chaython Updated 

I bought at 1.70 , but since hitting 2.20 it has only gone down. Yesterday IBKR warned that the company is being delisted and trading will be banned for US residents due to the companies ties with the CCP/PLA. I'm not shorting, as the stock is still really low, but I halved my position at a loss, I am not American, so I will hold the other half, see what happens.

Chaython

Gold looks like a cup and handle to me, on a monthly chart. Maybe it will complete by summers end, if the handle hasn't bottomed out already.

Chaython

Ocugen made a covid vaccine. Ocugen has 100% short utilization in IBKR Ocugen bounced off fib the other day closing the gap + it has a cup and handle, + the company hasn't fundamentally changed since it rocketed to $20... Aside from minor dilution. Ocugen has a target >$10 from analysts.

Chaython

The other day it bounced off a supporting fib, and the moving average, but got rejected from the fib above. Could move sideways between the two fibs, but eventually break out again. You can see some days had wild movement, so buy the support, and set a nice sell price and hope it's randomly touched. This company fundamentally looks terrible to me, a small cap con...

Chaython

Bought it at 2.07 on Thursday for breakout. Had a target of 3, however it still looks strong. It has consolidated to 2.55, seems like a great dip buy price. Real support is 2. It may redraw down to support, before going higher, you can choose whether you would prefer to ride it out, or cash out, maybe it would be beneficial to wait, as it did just hit a 2 year...

Chaython

I bought $500 @ 1.74, this morning. It went to 2.11, and was rejected by the .5 fib in the retracement from the initial upwards trend, with the top being the wick of the last breakout's top. I have a sell set for 200 units at $3 (100 free shares + $100 profit) As we came back down below $2, this may be a good time to buy, if upward trend continues.

Chaython Updated 

Short to support, stop yourself if it goes over the resistance. Powell needs to announce more market support, but likely no changes will be announced. Dems planning new wealth taxes, so people may continue to liquidate in fear. It's also just below a long term fib extension, Fork drawn from march crash last year. Could go down to 12700.

Chaython

Could breakout and continue momentum. It's above fib but below last high. Also on Yahoo Finance's most shorted screener. Friend entered at 126 with knockout option TT5P2Y. I bought the stock cash due to tax laws.

Chaython

Could breakout or could get rejected from fib/fork decent momentum to breakout though.

Chaython Updated 

The pullback today, may have brought us back into downwards channel, US has been only selling. EU has been buying, EU should confirm the trend, at which point you can buy a knockout option. I told my friend on the 15th of Feb, we would probably start going down, as we crashed from the 19th feb last year, we ran up so much, we had options switch over etc on the...

Chaython Updated 

I bought on the small fibs on the left, I think we will make another high again. I currently have a knockout option. I currently recommend a 15x factor certificate.

Chaython

Rejected off fib into regression continuation

Chaython

It's in a major support zone, also meaning major resistance, EV hype is dying, Elon in trouble for his tweets and crypto again, Tesla is only profitable from carbon credits. Everyone is making AI EV cars now, investing in Tesla is investing in Elon not the company. Tesla fair value <55. Probably consolidate to 300, if it breaks through the support. When the final...

Chaython

45bn makes it more expensive than Electronic Arts and Ubisoft combined. Look at the market cap! Look at revenue! Don't look at share price! Fundamentals matter, the industry matters, the competition matters! In no way does the fundamentals make sense for the market. Roblox 1.5bn revenue, EA 5.5bn/yr, Ubisoft 1.7bn/yr. Take-Two Interactive Software, Inc with a...