Dear Traders and Followers,
HOOD is a big opportunity outside leverage. the daily is oversold, constant accumulation can be seen in the volume, and far away from MA21 in weekly (around 30).
Huge bullish RSI convergence can be seen in the daily chart.
I bought calls with exp Jan 2022, strike 15, and accumulating stocks.
The bottom of this stock is unknown, so...
TMV looks like in accumulation phase with slightly descending wedge Vs bullish RSI Divergence + Bullish MACD Divergence + raising volume in the falling wedge.
The chart is more clear with 4H, but the bullish divergence is also present in daily.
Conclusion: TMV may keep going in this trend for couple weeks before taking off to around €26.
BTC is building bearisch signs (RSI, MACD and volume declining).
The possible support for BTC is arround 30k.
Decisive direction will be more clear in this support.
Good trade to all,
Looking into weekly SLV chart, SLV bounced back multiple times from the support around $20.
This support line played role since 2008.
With uncertainty growing towords the market, i expect GLD and SLV will go higher as soon as Mr. Powell starts rates hikes and lowering tapering program.
The question, will we see a huge leg down like the one in 2020 ? or...
EURUSD broke support (in blue). this support was huge resistance back to around 2007.
RSI is in oversold in daily and weekly, so a reset of RSI may be possible + test of the support become resistance.
One leg up and may be then the depreciation will continue.
Let me know your thoughts in the comment below.
Looking into opportunities for cheap stocks part of SP500, i have found 3 stocks that printed 6 months low, CAG is testing the very long term support (from 2015).
MACD shows raising wedge, and RSI showing bullish reversal on daily.
Options looks cheap with low volatility.
My entry will be for March expiration.
Let me know your thoughts in the...
After the skyrocket the last days, Roblox is drawing a trajectory to old resistance which may play a role as support.
If the 80s is broken, we may see lower price, but it is unlikely.
I will continue watching this for the near future, best choice for me is 6 months options.
Let me know what you think in the comment...
Lufthansa reversal trend is confirmed, support line at 5.6 played the role of support and reversal point, also long term resistance line in yellow was broken, retest successfully as support + Bullish engulfing for this month is to follow up.
Options are cheap at this level.
My target price is at around 9, where the next resistance is placed.
PONO stock does not have any significant operations, no financial statements data !
The stock skyrocket to $9.60 !
No background behind this run.
Unfortunately no options available, it will be nice to buy puts in this.
Possible short opportunity here.
Let me know your thoughts :)
Dear Traders and investors,
With the news of NPTN aquisition by Apple Supplier Lumentum, the stock jumped to around $15.
The deal is planned to be closed in mid-2022 with target share price of $16.
Meanwhile, a law firm started an investigation related to this M&A for possible breach of fudiciary duty.
The play at this level is very risky, the stock can go to...
KDP is heading to all time high resistance, if the resistance is broken, then possible retest at $37 then it will go higher.
Looking to this from different perspectives, i think this is going lower after hitting the resistance at $37.
Once this confirmed, i will open a short position, most probably PUT options for middle 2022.
Let me know your...
Hallo dear Traders and investors,
I may have a shorting opportunity, but we still need a better confirmation about the trend.
In the monthly chart above, the BSX stock hit a critical resistance with bearish divergence in RSI.
The Fibonachi shows the following from the very lows of 2011 (still in monthly chart)
0.236 => $36.5
0.382 => $30.3
0.5 => $25.5
BABA stock still in downtrend, however, BABA earnings was beating every market estimation but the stock still falling.
China crackdown on big tech still not clear to which extend it will reach.
I'm waiting for entry point even we have bullish divergence in RSI.
Good luck for all,
Hallo dear traders and investors,
TSLA, as always keeps the discussions hot and unpredicted.
In today's pre-market, the stock is printing new all time high around $1.144,00.
as a reminder,
1- Cathie Wood (Bull) started to sell her position in TSLA
2- Michael J. Burry (Bear) has bought more put options of TSLA, with a total open position now around $700...