Ripple and the rest of them need a deep retracement. What happened in 2017 was abnormal - it was a bubble. Check out my ideas for Bitcoin also and you'll see what I mean.
Last time i traded this, it had not been linked to pfizer. Now is not the time to be holding. Stop loss equals disapline!
Positions ready. Hope for a nice pump up from until Christmas
Harmonic pattern. Good chance of a bounce here and a rally. Bearish ending though
Hallelujah! Teladoc is a stay at home stock with great fundamentals. Going into lock downs at Christmas has to vouch for them. The last earnings call was very disappointing, but it's had time to cool off and now showing some higher lows. I believe people are now getting ready for the next quarter earnings call (perhaps to sell into them). The golden cross could...
This is a brilliant runner. I jumped on it late last week and it's giving some welly. Unfortunately, it's too small for me to get an options contract on being limited to over $2billion market cap. It's targeting +$140 within a few days
I watched EU Stoxx 50 drop last night. Cyclical stocks and energy sector is taking a massive hit. The initial hit will be broad, but vaccine dependent sectors such as natural fuels, travel stocks, European banks, retail and all things connected will suffer for longer. Cash is getting picked up. Dollars doing well. Stay at home stocks doing good too. Zoom is about...
Concerns reemerging about a debt crisis. In this tripple leveraged instrument, there is a breakout from the trend. Due to it's very volatile nature, risk management must be on point. Stop loss so important to accompany this trade I'm short banks (long this inversed instrument)
How much of a bubble can Apple become? Apple is breaking out to the upside and I believe it's gonna have months of rapid upside. Waves typically are getting shorter through the years. The last wave up was ablut 80 days. I expect a month atleast of parabolic movement. Who wants to take part in that? With good risk management, using the time frame to your advantage...
Breakout. Long time coming. Cause and effect.
I'm expecting this to pull back to support/VWAP. Target around $50. That may get there on a reversal impulse before the end of the trading session. As news hype came out yesterday feom Cramer and some news articles, retail typically buy in and smart investors use the new liquidity to exit larger amounts of shares at nice prices. That's often followed by a stand...
I see bitcoin dropping also to $14,500-12,000. At this moment in time, crypto has go ahead of itself and is due to come back to the trend.
as in title. entry point for multi month hold
Due to it's nature, tripple leveraged products usually grind lower and lower by design, so this is anything but full proof. However, as the market likes the top companies in US collectively, the past decade, on retrospect, it's obviously worked. If things continue trending this same way, this can work for us. The red line is profit taking (not shorting!!) and the...
PBW has been blasting it this year, but it underperformed the nasdaq100 for a long time before that. ARKK has out performed more consistently. We are seeing more chinese tech taking the reins in recent times. This is just an observation of all things in cutting edge sectors. Green energy might be pushed as people shy away from fossil fuels. Especially after the...
just a retracement in it's uptrend channel. not worth going against trend, but profit taking at this point. wait and see what happens
I think there might be a pull back for the cyclicals in europe. Some kind of negative news I predict will unsettle this sector of the market. This is a heavy resistance level and has reason for a pull-back