VIX MONTHLY - BEARISH
VIX WEEKLY - BEARISH
After doing some technical analysis I did realize that when VIX starts to trade at support we usually break below the 200MA. I personally feel we could see $17 - $18 dollars in 1 - 2 weeks. I do see a massive cup and handle with the VIX. I am taking the opportunity to make some quick cash during this reversal.
Tell...
NASDAQ:FB
I can not help my self but keep on looking at facebook. I have been using different types of technical analysis to confirm my theory. Here I am using the 200MA and 9EMA and 21 EMA.I like using my 8EMA as a way to tell me which direction the stock is going. Usually when my 8EMA is broken the trend will either test the 50MA for support/ buyers zone. If...
I was expecting a lot of selling considering we gapped up in price on the daily candle stick. Stocks can not go up forever. I do like that early during the trading session we touched over $231. Buyers are not leaving yet. There is still some more room to go. Today was trading around 228-230 most of the day. I saw a lot of volume pick up towards the end of the...
I am bullish on coinbase. I am a personal stock holder and I am currently trading the stock for profit too. I noticed that we hit bottom around 150 and had been in a consolidated trend for a couple of weeks ranging between 150-200. Now that the markets are reacting to the positive sentiment out there I believe the stock will move up a few more points. From a...
Today was a very bullish day, bonds fell by a couple of basis points which is good for the tech sector. Also Ukraine and Russia are having some sort of talk in regards to cease fire which was probably why investors were feeling bullish. I am still long on $FB. This morning I sold a weekly call. I bought around $219.80 last Friday and held till this morning once I...
These past few weeks I have been observing the market to see when it'll be a perfect time to go long on some positions. After a major sell off due to the current war I see a market rebound from identifying the current monthly trends for $VIX and $SPY. I am very bullish on $FB and I think I found a wonderful entry this past week. From my technical analysis I did...
