Rogue_Analyst

Rogue_Analyst

Tesla found support at 655.55 and made a double bottom jeans with the furrrr rebound. It broke above the multi-month downtrend and is now testing the 700 resistance level. I’d say there’s about a 65% chance it will break higher back into the long term uptrend. Special thanks to Michael Blurry eyes who doesn’t believe in technicals and trashed the stock. Now it’s...

Rogue_Analyst

The 10 Year Treasury yields have bounced aggressively from all time lows. However, we are not at the August/September 2020 lows which coincides magically (lookup the gold number found everywhere in the Cosmos) with the 38.2% fibo retracement from the highs to the lows. If rates go sideways or correct from here, we're likely going to see a bounce in the Nasdaq...

Rogue_Analyst

Bitcoin reached multiple key resistance levels: - Channel resistance line through the highs (Jun-2016 to Now) - 23.6% Fibo extension from Nov-2013 to Jan-2015 - 3.618 Fibo circle extension from Jan-2017 low to Mar-2017 high Bitcoin is likely to correct short term and could test the 1250 level...

Rogue_Analyst

It seems like oil found the 61.8% fibo retracement resistance near 51.86 a few minutes before the inventory report at 10:30 am which showed a slight buildup in inventories. A break below the 50.75 support level would probably drive oil down to its more significant $50 support level if downside momentum continues.

Rogue_Analyst

Target: 215 Tesla started to retrace down from the descending multi-year resistance. I expect a drop to the next strong support level around 215. Unfortunately a company with a large CAPEX like Tesla might underperform in a bear market. My very long term view is a buy. But for now, I'd want a fairer valuation before I buy.

Rogue_Analyst

As this new crisis unfolds and the current Keynesian based Economy collapses, Central banks will be forced to lower rates. A raise in Rates from the Fed would trigger massive deleveraging worldwide. Silver's relative performance tell us that it will likely outperform Gold.

Rogue_Analyst

violent reversal in the Shanghai Index. This could be the beginning of a bigger crisis...

Rogue_Analyst

While it doesn't look like gold is going anywhere lately, its priced is being pushed down by a rising dollar. Despite a strong dollar, gold has been moving sideways for a year. Global QE is reaching ridiculous levels and rates AREN'T RISING. Here is a view of the dollar neutral Gold and the relative performance of Gold priced in euros relative to the Euro currency.

Rogue_Analyst

Tyco is a weak stock in an underperforming industry. Short at the upper downtrend channel with an initial target at 40 by Feb

Rogue_Analyst

Multi year uptrend support and recent consolidation above the 20 weekly MA suggests a brake above 127.25 is likely. Target: 130.29

Rogue_Analyst

Retailing has been slightly outperforming the S&P since June. Target could have a nice short term rebound as the S&P rebounds in the short term. Conservative initial target: 38.2% fibo at 61

Rogue_Analyst

The heavy Euro sell-off that followed the drastic measure by Mario Draghi to lower the euro is starting to cool off. Euro is finally finding some support along the multi-year uptrend. The dollar rallied heavily and commodities took a huge hit this Fall. However, the technical bounce in the Euro could provide support to Gold as the dollar weakens. Additionally,...

Rogue_Analyst

The heavy Euro sell-off that followed the drastic measure by Mario Draghi to lower the euro is starting to cool off. Euro is finally finding some support along the multi-year uptrend. The dollar rallied heavily and commodities took a huge hit this Fall. However, the technical bounce in the Euro could provide support to Gold as the dollar weakens. Additionally,...

Rogue_Analyst

The heavy Euro sell-off that followed the drastic measure by Mario Draghi to lower the euro is starting to cool off. Euro is finally bottoming and finding some support at the multi-year uptrend support. The dollar rallied heavily and commodities took a huge hit this Fall. However, the technical bounce in the Euro could provide support to Gold as the dollar...

Rogue_Analyst

Twitter in on a clear uptrend. The recent rebound in equities suggests that this outperforming stock could break high along its uptrend all the way to the next significant resistance of 57.50 (61.8% fibo retracement). A break of the uptrend would be a signal to close the long position. A call option would gain value of Vega and Delta as volatility increases and...

Rogue_Analyst

The Healthcare Providers industry is one of the top performing industries in the strongest Sector in the S&P500, Healthcare. McKesson Corp is in a clear uptrend and has been gaining momentum as the relative performance chart indicates it has been ourperfoming the S&P more and more. The recent Bollinger Squeeze on the Weekly chart suggests there could be a...

Rogue_Analyst

Metals & Mining have been underperforming the S&P since August as commodity markets sold off. Alcoa has now entered a downtrend after reaching a double top at 2011 highs near 17 a share. The Bearish divergence between price and MACD also suggests more downside in the new confirmed downtrend. Initial target: 38.2% Fibo retracement at $14 a share

Rogue_Analyst

PCL is one of the weakest stock in the Real Estate industry. REITS have been underperforming the S&P. This is a good candidate to short in a strong downtrend (see daily chart). Ideally, a short should be opened on a retracement to the 20 MA in the day chart.