I was down in Mexico over the past week and most people were commenting about how weak the dollar was against the Peso. While I was there, the dollar made a move from the low SWB:16S to $18. Most people kept saying that if it gets to $18-$20, you should sell your dollars to buy more pesos, because the dollar will decline against the peso over the long term....
Thanks to @TORNADOF5 for reminding me about this. A friend sent me a tweet last night about how banks are levered up on debt and that prompted me to look at the chart of KRE. As you might remember, AMEX:KRE was one of the worst performing ETFs at the beginning of this year with the failure of a ton of local banks. But since earlier this year, I haven't...
I've been watching this chart for over a year now and it looks like it's finally ready to move. It had a surge upside today and then nearly retraced all of the move. I took a position at $.00903 with the idea that this could go to $.072 to $1+ on a strong move up. It's still a very small market cap that could move way higher, if money starts flowing in. Let's...
Updating my past idea with some lower targets. It looks like we're in a large downtrend channel. We've just tested the bottom of the downtrend channel and now have turned up. I think the next big move is to test the top of the channel around the $16-17 target. I don't think we'll break the channel because 3rd tests rarely break. 4th+ tests break the...
$VARA has broken out of it's downtrend and has been consolidating on top of it's trend line. I lean towards a big move higher from here. Once $VARA breaks the $.15 level, we should see continued upside. I've marked off key resistance levels to the upside, let's see how high we go.
If you've been following me for a while, you know that I've been warning of a crash for some period of time, and now I think we're within weeks of that playing out. I've largely been bullish for the past year, with periods where I thought things might fall, but now all of my upside targets for BTC have been hit (minus GETTEX:54K which is still possible) and...
$LQTY has been in a downtrend for over 2 years, recently broke out of it and then retested the trend line as support. We've had an initial thrust off the bottom and have now retraced 60%+ from that move, which leads me to believe, it's finally time for this thing to start it's real run higher. We're currently testing the bottom of the cloud, if the cloud holds...
COINBASE:KNCUSD to $2.45 once price breaks the blue trend line breaks to the upside. That is all.
NVDA had a great reaction to earnings and I don't think the move is done yet. Over the next few weeks, I think we'll witness a monster move higher for NVDA. Once it surpasses the $855ish range, we should see a straight shot up above $1000. Think we're likely to top above $1050. I bought calls prior to earnings 3/8 $740C and some lotto tickets 3/8...
Flow looks extremely bullish here. 4hr, 8hr, 12hr, 1D are all in bullish territory on the RSI and have room for a large move up. Price just broke out and backtested support. It's only a matter of time before $3 is hit.
I'm updating my target to the upside bc I think we run higher than the $.00546 resistance. Think we end up towards the $.008 range. One of the top two resistances. As you can see we've been consolidating in a bull flag since early December, we've recently broken out and price has been hovering above it. Looking for a final move that takes us around 100% higher.
Everyone has been bullish gold here, but the idea never made sense to me. We're still in the beginning of a market downturn, and if S&P and QQQ go down, gold is going to go down too. Now the chart is also confirming my thoughts. We just went up and retested previous support as resistance and now we look to be forming a lower high on lower timeframes. This looks...
I've been watching $SEAM since it was released back in December. It looks to finally have formed a base and is looking like it's going to make a move soon. Once it breaks out of its bottom pattern, should move quickly higher. Let's see what happens from here. I'm in from this region.
$ANKR recently broke out of a small timeframe bull pennant and retested previous resistance as support and is now hovering above the support level. It's giving me the same look as the move that just happened in $AMP. I'd expect a move higher in the next week or so with resistance at the $.052 level.
I've been watching this chart for a while and price finally broke out of a big flag and is currently sitting on top of it. Should it be able to hold support here, I think this could see a big move higher with levels from $9-20. I've marked off the resistances to the upside, let's see if they can get hit.
IDX:STRK looks like it has the potential to make a strong move here. It has a very similar look to SPARKS:AERO before it went up ~7x. While I don't think it'll be as strong of a move, I do think there's good potential for upside. Let's see what happens. Price needs to confirm resistance as support before it has the chance to move. I've entered from $2.27.
Everyone is bearish TSLA and has been for weeks, which makes me like this idea as a long. Once TSLA breaks $204, we should see a strong move higher. I've marked off key resistance levels to the upside that I think TSLA could make a move to. Let's see what happens over the next couple of weeks.
I think we're in meme stock phase of the cycle where things start pumping that make absolutely no sense at all -- Sofi is one of those stocks. Again, wouldn't hold this thing, but it looks great for a trade. Above the trendline and we should see a decent move to the $15 level and potentially to the $18 level if the first resistance breaks. Let's see what happens.