mansur7

mansur7 Updated 

USDCHF has become extremely oversold and found support at that faithful Jan 5, 2015 morning where SNB shocked the world. My first target would be the 0.236 Fib level, then 0.382 which stands at around 0.904. SNB has removed the currency intervention paragraph in their latest statement. Inflation came a bit higher yesterday for Suisse but in line with Central...

mansur7 Updated 

Gold has broken out 3 month pennant. In my opinion, it is ready to go test all time highs now (I am super bullish). The best part of this breakout is look at the volatility measure through GVZ. GVZ has tested the lows and is starting to have a bounce. Every time Gold has tried to go above 2100, GVZ has been very high but this time around it's the other way...

mansur7

CrowdStrike reported earnings last night. Revenue were in line with Factset expectation but Earnings came in higher than expected. Revenue Y/Y grew around 33%. Annual Recurring Revenue growth increased 34%. Net new ARR growth accelerates to 27% year-over-year and reaches a record $282 million Earnings for 1Q were raised. Stops would be below 320 and...

mansur7

Solana is trying to break out the neckline of the H&S pattern. Just needs a bullish close this week and then it should be off to the races. Solana has been finding the most bids in this run among altcoins. Goodluck!

mansur7

AAVE has formed 2 year rectangle formation. Need to have a bullish close above 110 and then stops can be placed below 90. Goodluck!

mansur7 Updated 

Apple has lost momentum here and so has the Nasdaq. Closing most of my longs and taking partial profits on most of my trades here. Nasdaq has broken H&S on the hourly and Apple is testing the neckline. Target is 168 and stops at 185. Shorting Apple is more from a risk point as Nasdaq might get pulled higher by Nvidia earnings. Nasdaq short target would be...

mansur7

In my previous BTC post, I said I am starting to move more down the risk curve. MSTR is breaking out of its 3 years resistance and honestly if BTC goes to 100k from here, MSTR will blast past 2k. Its previous high stands somewhere around 3.3k, that might be on too. I would suggest stops around 760 and just let it run. Goodluck!!

mansur7

LINKUSD seems to have tested the neckline of its Complex H&S. This break also came out of a rectangle pattern. Setting my stop at 16 and target would be 32. Entry at 18.04. In a nutshell, ChainLink is essential for data movement between blockchains. It's functionality in the business world cannot be underestimated. I would not claim to be an expert on this...

mansur7 Updated 

Company info: Oscar Health provides a personalized experience for those seeking affordable healthcare. It offers incentives to its customers to stay healthy, including cash rewards. Oscar offers tailored services and a concierge care team designed to help its members find the medical care and services they need. Technicals: It is again forming a flag and looks...

mansur7 Updated 

Carvana had been a great stock for me this year. I am expecting more gains in next year with the break in the handle. Looking at the possibility of another 100% gains technically next year. Will update more as I go through the fundamental and sentiment picture.

mansur7 Updated 

Company Info: MoneyLion Inc. is a data-driven, digital financial platform. It offers mobile banking and financial membership to take control of their finances. Financials are seeing a nice run up from last year. It has good momentum on its side. Technicals: Closing above 52 on Friday when the whole market was down is a sign that buyers are ready to push this...

mansur7 Updated 

SMCI has formed a 5 month consolidation rectangle and is about to break out. This setup is similar to Nvidia one which we had a couple of weeks ago. SMCI just raised their Q2 forecast this morning. Semiconductor sector is very strong at the moment. Pure momentum play here. Initial target is at 450.

mansur7 Updated 

Company Info: Trupanion provides monthly subscription based medical insurance plan for cats and dogs. In the last earnings report, it had the largest EPS upside in the past 5 years. Earnings is this Thursday after market close. Technical: It is trading around this 19.50 to 35 range for the last 9-10 months. Break above with strong earnings surprise,...

mansur7 Updated 

Ethereum looking solid for a break of 2k. Last time, there was a fake out but this time around its coming from higher low (momentum on the upside). Break of 2k on the weekly should set it free for 2.9k - 3k.

mansur7 Updated 

** Shares of Digital World Acquisition Corp DWAC up 26.5% at $55.07 premarket after U.S. SEC declared effective registration statement for the SPAC's proposed merger with former President Donald Trump's social media firm ** DWAC says plans to announce within two business days, date of the special meeting of its stockholders, where stockholders of the record date,...

mansur7

Getting into ARM now. Missed the move yesterday. Stops at 102. Will provide more details in next post. Goodluck!

mansur7 Updated 

Marathon Digital Holdings is about to test the neckline of the H&S. Bitcoin miners had huge volume on Friday. Will be looking for a bullish close on the daily above the neckline to initiate a position. After Fed announcement, where I do not expect Powell to add anything new. Powell will probably reiterate we will go again if inflation persists and the monetary...

mansur7

Bitcoin is testing the neckline of the H&S pattern. 16k might be the generational bottom if we get a close above 47k. You can go with the break or wait for a retest of 47.5k. If I were to trade it, I would wait for the retest as the big boys are into this now. I would be playing this event by buying MicroStrategy (MSTR), Marathon Digital (MARA), CleanSpark...