Safe_Trades

Safe_Trades

Hello fellow traders. We are experiencing a respectable pullback on many names these past few days. CRISPR is one of them. This stock has actually been in correction for sometime now, which picked up pace after disappointing earnings last week. We may see more downside in the short term if the market continues the selloff but this company is definitely a buy in my...

Safe_Trades

Hello fellow traders. TSLA saw a drop of 12% from ATH the past three weeks. It looks weak here after being rejected twice at the 21ema. RSI moved below 50, and MACD is approaching the 0 level quite fast. Additionally, ADX crossed below 20 and -DI crossed above +DI. Momentum is not in favor of TSLA for sure. Another bearish sign is that the 14ema is about to cross...

Safe_Trades

Hello my dear padawans of the crypto markets. I recently published an idea about LTC where I wrote why I think this is the year crypto finally starts taking the place it deserves in the mainstream financial world. Please check the link below if you are interested in that read. Here I just wanted to talk about the broad picture for ETH. As you can see from the...

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Hello dear padawans and crypto traders. I think 2021 will be the year crypto establishes itself in the mainstream financial markets. Not only institutional players started catching up but retail investors are also realizing that cash is very weak. According to several articles I read the dollar is expected to lose a big chunk of its value in 2021. Yale economist...

Safe_Trades

Hello dear padawans. Today we are going to take a look at LI, the Chinese car company. If you read what analysts say you may be torn between buying or waiting on this one. Here I am just looking at the chart. Overall the outlook is very bullish for LI. All indicators on the chart are bullish on the daily timeframe. Volume today was not exceptional but above...

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Hello fellow traders. Bngo has been in an accumulation pattern for a few weeks now. This stock is in a massive uptrend and has been a major gainer in my swing trades/portfolio. It bounced twice from the .236 fib level and is now on the cusp of breaking out of the symmetrical triangle; hopefully bullish. The ten days it has been in accumulation gave the emas some...

Safe_Trades

Hello dear padawans of the charts. It looks like SENS broke out of the pennant pre market. You can monitor the price from here for a re-test of the pennant resistance as support or for a drop back within the pennant. If the top of the pennant becomes support we could start rallying again after this brief accumulation within the pennant (the price could also...

Safe_Trades

Hello fellow traders and dear padawans. As we can see from the chart, after the March 2020 crash TSLA has been trading on a clear pattern of accumulation followed by steep rallies. It looks like we are in another accumulation ranging between $790 and $900. Although volume has been decreasing that OBV keeps going up like a rocket, which gives me confidence there...

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Hello dear padawans. I hope everybody is doing well. If you don't know VAXART, they are working on a covid vaccine that is taken orally; apparently the only one in the US (world?). The stock fell today after the first phase of tests yield no antibody response on volunteers (more here: cnb.cx). They are continuing their research into a phase two...

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Hello fellow traders. Are you guys prepared for this week? I think it will be exciting. I am expecting a reasonable drop given the uncertainty of the markets this past week and the fact that the futures are red. Also, I think we are due to a correction. I may buy the vxx calls and spy puts to hedge against my positions. The vxx spiked 25% last week and the spy is...

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Hello fellow traders. This is not an analysis, just a commentary. There is another pump (and dump) happening right now: XRP. Since we are all witnessing what is happening to DOGE (went down hard), I would stay away from XRP. I think the message was sent and high ranked people are talking about regulations and whatnot. However, to me this is starting to turn into a...

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Hello traders! I haven't traded crypto in quite sometime until yesterday. I saw DOGE pumping really hard and did some investigation, after which I learned that WSB were pushing its price. I jumped in at $0.025 ran all the way to the top at $0.88 (at which time I was already sleeping) and sold today at about $0.60. It was very good profit but could have been way...

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(Republishing this) Hello my dear padawans. This is going to be a quick one. TECHNICALS Technicals don't look very good but hey, this is TSLA and many (most?) times it tends to ignore them. Here they are: 1. MACD crossed the signal line bearish and somewhat sharply if compared to the last couple of times. Last time it crossed in similar fashion it dropped about...

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Hello fellow traders! Who bought the dip today? :) Let's look at one of my positions that contrary to most of my other positions actually went up as the sell off ran in frenzy: BCLI. I have been scaling into BCLI for about two weeks after I identified the channel that formed after the huge drop of about 70% (look at that gap!). My average price is $5.25. The...

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So this is a big earnings week fellow traders and padawans. AMD is reporting on Tuesday after market close with an expected $0.41 per share. Last years' report for the same quarter was $0.27. According to an Investopedia article , "Analysts estimate that AMD's quarterly gross margin will be the second-highest in nearly four years, though it will show only a small...

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Hello my dear padawans of the charts. I hope everybody had a good weekend and is ready to start what promises to be a good week for the markets given the amount of (good) stocks that are reporting earnings this week. DIS is not among of them, but its ER is coming soon on 02/11. Of course things can change, specially with earnings around the corner (and Disney+...

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What a day, huh? The markets responded positively to the Inauguration but FLGT fell about 10% (13% but it then recovered some). Seems like it is time for a pause for this stock after a long and healthy rally. TECHNICALS Weekly There is bearish divergence between price and rsi (also on the daily, obviously). We can see that FLGT has been riding the 14/21emas...

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Hello dear padawans. If you read my last analysis on ABNB (link below) you would know that a move to this level was expected. I will repeat what I wrote there: if you are in for the long term you can start scaling in here (not financial advise, just an idea). I am a buyer on the channel support. Safe trades my friends! Share the love: If you get anything out of...