AMEX:APT Clean S/R flip on the 1W chart of a main horizontal resistance for Alpha Pro Tech. Massively bullish chart from a technical standpoint with almost a picture perfect "buy" signal if we can break this ~$18 region. Fundamentally if a mandatory mask/face covering order is put into place by the US government, I think that would seal the deal for a new ATH...
AMEX:IWM As we continue to embark on this epic economic bubble , there will be varying components that will be mixed in so the trend can continue. To allow some normality to the markets, profit rotations still seem to be taking place and tech seems to be the one market that is becoming exhausted. With that said, I think we continue to see those absurd profits...
NASDAQ:PZZA Title says it all. This looks to be a short term top to me on the 1D chart and a potential H&S in the making, currently in the process of printing the head. $PZZA broke to ATH's after consolidating from May-June. Typically once you breakout to new ATH you will get a retest of the prior consolidation, hence why I am looking to short here with a...
BYBIT:BTCUSD After further analysis and zooming out a bit, this is how I see Bitcoin PA playing out for the foreseeable future on the 1W chart. Initially I thought we were following a path to a more rapid selloff, but this consolidation looks a lot like what we saw Jun 19' - Sep 19', even with the timeline almost aligning to the month. Horizontal resistance at...
BYBIT:BTCUSD Contrary to popular belief, Bitcoin still has a trick or two up its sleeve and I believe that the bottom may be FAR from in. As you can see, Bitcoin is currently in a massive symmetrical triangle on the 1D chart, flirting with flipping a long time horizontal support/resistance zone bearish. Due to the length of consolidation here, it seems to be...
AMEX:XLF Financials are looking good mostly thanks to Uncle Jerome's aggressive stimulus plan and banks of course "being too big to fail". With that said, there are several key players ($GS $JPM) in this space that are also at the forefront of financial services innovation and strong cash flows/liquidity. All of this paints a pretty bullish fundamental for the...