Cryptic_Insight

Cryptic_Insight Updated 

After trading in a tightening range for the past year PCG has an approved plan to exit bankruptcy and may even resume dividends in time. Utilities are always a good way to diversify a portfolio. My average entry price is in the $9.30 range. Analysts price targets are near $14, i'm a bit more bullish with a near term just north of $14 and $30 near this time next...

Cryptic_Insight Updated 

With a new monthly candle about to start there could be a nice momentum move to the upside on this pair to test the diagonal resistance above near 1.16-1.18. A decade long consolidation pattern is about to reach a trigger point for a move in either direction. My bias is for higher prices however volatility is to be expected. On the daily, a break of...

Cryptic_Insight Updated 

Looking at this pair to do one of two things. Break out above 122.12 to confirm the daily and weekly trend change and trigger a long trade. If that happens targets will be at the top of the diagonal resistance above @ 132. If that plan does not follow through there could be one more leg down to retest support @ 118.25 where we would re-evaluate

Cryptic_Insight

The last time I was looking for a breakout long trade on this pair that I got stopped out on for a decent profit but not the macro play that was planned. The pair has remained in a tight consolidating pattern forming either a descending triangle or a bull flag. The likely breakout is to the north but the monthly chart shows that there is no trend. Patience and...

Cryptic_Insight Updated 

$Nio is looking to make a parabolic move similar to its counterpart, Tesla. After a establishing a bottom base at the $1-$2 range, $Nio exploded to $5.65 and has consolidated nicely to form a new base of support at the $4 level. If this does shape up to be a parabolic advance the current level would be the 2nd base. A move up to the $6-8 range would be the 3rd...

Cryptic_Insight

ETH has been stronger than its counterparts $LTC and $BCH during this consolidation. If the support zone indicated holds then there should be a move up and out of this zone. Targets identified.

Cryptic_Insight

Keep it simple and be patient.

Cryptic_Insight

With the dollar strengthening and the Asian economy and ecosystem under siege by the epidemic, the Dollar will sustain a continued bull market against these currencies. for the $USD/$JPY this could mean a retest of all time highs. Structurally, the breakout of the triangle should extend to the same height measurement inside the triangle which is approximately 1400...

Cryptic_Insight Updated 

After what seems like a never ending cascade ACB and many other MJ sector names are entering major support zones for accumulation. This is where I am looking to enter positions for maximum Risk/Reward. Calculated entries are laddered at daily gap zones inside of this box with half of a position and another half is waiting to be deployed on a move up & out of this...

Cryptic_Insight

Daily trend change confirmed, with the sudden surge in the MJ sector I will be looking for a weekly trend change and taking entries

Cryptic_Insight Updated 

Moving quick so wanted to put this out there.

Cryptic_Insight Updated 

$I (Intelsat) is a long term player in the coms race. If it can violate the diagonal resistance around $6.75 with volume, i will looking for an entry. Patience and confirmation are key. Less is more.

Cryptic_Insight

Taking a long on $eman looking for a trend reversal. Slightly aggressive on the entry. One can wait for a 4hr or daily trend change if desired. I defined my risk based on the 2 hr chart. TP levels indicated.

Cryptic_Insight

A conservative entry on the break of the high. Target levels indicated on the chart. Maxr will be a big player in the space sector so looking for a solid change of trend and a break of this current year long range into higher levels.

Cryptic_Insight

Potential play on $ssys. I entered aggressively earlier last week and my stop is at break even. A safer entry is on the break of the last high indicated on the chart with profit levels indicated.

Cryptic_Insight Updated 

Entry orders triggered on NZDUSD, the top of the channel. Target levels on the chart. Keep it simple

Cryptic_Insight

NASDAQ:QTT looking to form a base of support before breaking out on higher time frames. Taking a long off of support to ride the momentum. Keep it simple :)

Cryptic_Insight

As a trader your main objective should be three things. 1.) Identify high probability trade setups 2.) Define/Manage your risk to protect your capital 3.) Get your emotions out of the way Catching tops and bottoms for clout is NOT an objective. With that being said, this zone is ideal for a swing or position trade. All kinds of support areas for you to...