TheJoeG

TheJoeG

ENTERED 7.86, STOP 7.25, PROFIT 9.35-9.45... I LIKE the set up here.

TheJoeG

Comparing S&P to S&P Yield............................... enough said?

TheJoeG

I'm long bulk shipping - Fundamentally - dry bulk has broken out of 10+ year bear trends. Investments in shipping is very low. Prices based on commodity prices. Commodities are under-allocated and also in strong uptrend. Technically - there are some interesting footprints since we have had the bull swing, I would be looking for a .382 FB support level for this...

03:04

TheJoeG Updated 

Looking for SLGG to fill gap below $5 then to the moon.

TheJoeG

Another supply, price divergence - if we don't an expanding bull volume - then we are going lower. The best time to ENTER is when your expectations are confirmed.... so example bulls think the trend has changed beucase of a "change of character" then you would wait until you received confimation which is something in addition to the initial change of character......

TheJoeG Updated 

Just looking at price action here. I think we will see $120 this week (unless) bulls show up. Thus far, they are no where to be found.

TheJoeG Updated 

Well, well what do we have here? Just look at supply... we have a divergence. Bull trend, with a bearish supply signature... running out of apes at these price levels. Need a healthy correction if we are going to see ATH's.

TheJoeG Updated 

The REAL JOE G HERE: I'm seeng some bearish divergences on OBC indicator. Here are some highlights about what I am seeing on the chart FIRST: ALways fo your own DD, understanding TA is not an exact science, it's an art... but it's beautiful - the harmony, patterns, predictability... but we are talking probabilities here 3/5.... so just undesrstand that. You have...

TheJoeG Updated 

1) Have not been able to break resistance and there was a bearish supply spike when we hit it. This resistance is being respected. 2) The bullish trend angle is not sustainable contrary to what I believe is a reasonable bearish trend line 3) the two scenarios I already discussed in a previous post are here. I am predicting a sub 100 low then new high and two...

TheJoeG Updated 

I found this beautiful trading range today. If you follow Zulu_Kilo, this comprises all components of a Wyckoff accumulation range. I'll be looking for a Monday/Tuesday jump and closing lower by Friday. Enjoy.

TheJoeG Updated 

I recently posted an update on GME scenarios. It looks scenario 2 is playing which means we have a C leg of a ABC corrective wave. Notice the retracement which is 61.8% of H1... very bullish. It's a 4 point bear trap, if this continues to play out.... we should see a L2 below L1.... I put a range where the next low should come. then we are going to experience a...

TheJoeG Updated 

I am mid-long term bullish, I am not sure about the short-term. I do think we will break previous highs. 1) Scenario 1 - we see wave 3 of elliot here... 1.618 of wave 1 and will be around 600, that means we will go higher because wave 5. Remember there will be up, down, up, down, up all the way to this target 2) Scenario 1 - we end up getting there, but takes a...

TheJoeG Updated 

We may see a SPRING here, I'll be looking for entry if we break resistance and re-test. Then to the MOON.

TheJoeG Updated 

NIce set up here, I expect there to get a gut check, at bottom of this range, even a breaking then if it comes up - BIG returns

05:12

TheJoeG Updated 

Class trading range happening here... waiting for the SPRING or ROCKET. GL. -jg Shout out to Zulu_Kilo.

TheJoeG Updated 

This looks like the beginning of WAVE 3, remember within a wave there will be 5 waves so we will see up down up down up all the way to wave three.... all Elliot wave time frames show very strong bullish, short, mid, and long. Time to eat.

TheJoeG

Tesla Market Cap = 625 Billion, Sales 24 Billion.... 26X Game Stop Market Cap = 14 Billion, Sales 8 Billion... 1.75X The Game Stop trade is "dumb" because Wall Street didn't pick it. It's currently transitioning to e-Commerce and e-Sports. By the way: SKLZ is a new SPAC company focusing on e-Sports, they loss about $200 million last year, no one knows when...