WPM is one of the better performers in the metal world. Measured move sets us up nicely for higher.
I've been watching this thing bleed out for months now. The divergences have formed and it looks ready to break out from both wedges . The entire monthly chart is a giant wedge and the last 16 months have also formed a nice wedge too. Wedges upon wedges with divergences means a reversal is likely near. Targeting a golden pocket fib extension at $12-13. The...
Even with the Corona virus fears, I don't see that hurting their q4 2019 earnings. The chart is setting up beautifully on the high time frame. Tweezer 3D bottom onto cloud support and a major pivot. The gap fill was rejected on good volume. Someone has been buying millions in calls on $138 strikes for Feb. Weekly volume closed above average and...
TNX is dumping. TLT is pumping. with a bullish 3D TK cross. Price is above cloud and Lagging span isn't quite where I want it yet. I'm anticipating a run up to the black line, consolidation and a break through. Purchased in the $130 spot. Bought ITM $145 calls for June. Adding onto these on dips. $150 calls for June up next.
Been long on silver. Buying dips. Played the $17 feb calls for the last two weeks closed those today. Adding to April $18 calls. IHS with a measured move of $20 about to play out. Blue pivot above indicates we can go higher.
Long on metals/miners in general. Picked up spot and $6,$7,$8 calls for March. Bouncing from weekly pivot.
Perfect wyckoff schematic playing out. Insider buys came in on the dump. Along with April call flow for 7.5 and $10. Expansion comes next. Trust in Michael Burry.
Saw order flow coming in for Comcast to make a move and was able to identify a IHS with a measured move to ~50. Trade has been in progress for a few days but progressing nicely.
Newsletter shill I got. Tapping the weekly demand block multiple times, refusing to go down. Breaking downtrend line.
Saw flow for $145 3-20 calls and picked some up. AH pumped.
I posted this on a social media account a few weeks ago and target is almost hit (I'm not linking it, please don't ban me Tradingview). If you're in IWM there are rational reasons to begin taking profits at the end of the measured move and look for a new setup.
All of the monthly indicators pointing up and appears to be approaching breakout of accumulation zone.
Multi year compression leading into the Apex as the US-Iran tensions heighten. IMO CCJ will be over $10 in a matter of weeks.
Multi indicator confluence of a coming trend shift. Been averaging down on this as the price action showed more promise. Indicator roundup looking like all signs point to up.
GGN is a closed end fund I've been sitting in for about 7 months now. It pays a 13% dividend which is very nice to accumulate. It also pays out monthly. Gold and Oil are both starting their bull runs. 66% gold and 33% oil in this fund. Their underlying assets are a lot of metals and energy companies. They write covered calls to generate the income this stock produces.