mvb317

mvb317 Updated 

Pretty simple analysis, the MACD and chart pattern are following/will follow a trend similar to trend that started May 22, 2020 (the first red dashed line) and ended May 28, 2020.

mvb317 Updated 

Update from my last idea.

mvb317 Updated 

APPS Guess.

mvb317 Updated 

Look at the MACD and chart pattern at the vertical lines. Stockwits banned me for what?

mvb317 Updated 

Looks bout right?

mvb317 Updated 

Stronger than normal short volume on 11/4 & 11/5 (the run up). Those shorts should be in the money right about now. The MACD looks like it's telling me to sell my Nov 20 $40c (shit), but if the strong sentiment holds and the 11/5 shorts flip to longs then $45+. If whoever-shorted-this-stock-at-the-top reads this, please put my Nov 20 $40c back in the money...$43...

mvb317

Just a guess.

mvb317

An obvious and strong correlation between DXY and XAU.

mvb317 Updated 

APPS looking like it has room to rocket up to $30, but I could also see it pulling back to $23 area.

mvb317 Updated 

If earnings continue at .13 to .15 quarter and EP maintains around 80, we should be in the 40's by EOY.

mvb317

My guess

mvb317

Strong correlation.

mvb317

I read yesterdays top correctly and got rekt on the fake pump (closed shorts for a loss then lost on longs I opened..oh well). Looking for this as the next move.

mvb317

390-->372-->420.

mvb317

Check it.

mvb317 Updated 

I know this group likes triangles -- no triangles on this one.

mvb317

For the past month, BTCUSDLongs, BTS-USD, and SPY have traded with near perfect correlation -- that is, until this morning. Longs are rising while BTC and equities are fumbling. Will equities and BTC follow Longs? I think so.

mvb317

Appears that the rapid drop can be attributed to BTCUSDLONGS closing out. Almost looks like it could've been a single account, or small handful of accounts.