nurseblood

nurseblood Updated 

I've talked about this level in the past...this has been drawn for months at this point. We are here and we must buy because this level must hold. Really awesome hold of the level on the weekly candle close. Order has been filled. We see a move back up now or were definitely headed lower to retest the lower levels listed before. Good luck. Trade smart. Risk...

nurseblood Updated 

How can we not? Caveat: I have been long. For a very long time. We are at all time highs here. Doesn't mean we cant still run. Just means that extra caution must be given. But Santa looks like all he wants for Christmas is that $178 number ;)

nurseblood Updated 

This last big push up on ES has followed fibs and 100SMA again near perfectly. Traded back down nearly exactly to the halfback mark in just a handful of days; however, the move back up was even quicker... Was this so the EOY pushup is that much more powerful? Let the big boys take some profits and then reload? The tell will be if we can hold the 4662ish...

nurseblood Updated 

Really perfect trade missed on NFLX today. These I find are fairly easy when the market environment is right. Bounced off of the 100sma on friday and traded RIGHT back up to the beginning of its latest runup on 10/20 today- to the penny. Would have taken that all day had I seen it. Fibs previously drawn. When I see setups like this on names I watch regularly, I...

nurseblood Updated 

So here is the deal. This SPAC (Special Purpose Acquisition Company) did exactly what it was supposed to do. The short explanation is they raise a bunch of money rom investors. Once they complete that process, then find a private business that wants to go public and merge with said company- greatly reducing the red tape and time it takes to become a public...

nurseblood Updated 

OXY has been nicely bullish since last fall. It had a great run from Oct '20 to Dec '20 nearly tripling in price. That is where the daily fibonacci extensions were drawn on the left-side. On the right side, Fib extensions were drawn from August low to last week. What is interesting about the August low (also the yearly low as well) is that it nearly perfectly...

nurseblood

Picked up more LUNA Saturday morning. Up practically $20 from that entry! This is another one that perfectly shows a chart saved by fibs. The 0.382% is essentially the stopping point that HAS to hold on theses names. Granted it is a slightly different story when we are getting a all-out crypto dump like we saw a few days ago. But Still powerful to see. This name...

nurseblood Updated 

MANA. Boy oh boy. What a move. And THIS- my friends- is why I LOVE fibs so much. What a move up with the FB Metaverse news, but what is even neater is how we have managed to so beautifully retrace this move. With the parabolic move up came a nearly just as fast retracement; HOWEVER, we held the important fib pivots nearly perfectly. First trading right back to...

nurseblood

ADA: Dev delays are an issue. From a chart perspective, we were holding an important level for the last week. The $1.778 level which was the halfback of the large move from August to October. But we lost that today (keeping in mind that "today" in terms of cryptoworld is not yet over. Not until 1800cst when the daily candle closes so take all analysis with a grain...

nurseblood

What I am really looking here and hoping for is a failure off of the 50ema to push us down so we can finally retest the 0.618 extension at $54k which happens to also line up nicely with a retest of the 100sma which could use some dusting off as the last time we touched it was 9/29/21. The 200sma is legitimately sideways. While I would love to say that I think BTC...

nurseblood Updated 

For NFLX, we had a great runup in 2020 and have been consolidating for most of 2021. It is interesting because this channel we have been trading in (the purple lines) perfectly surrounds the 1.618 extension on this weekly chart with fibs going back to late 2019. We phaffed around there for nearly a year waiting for the longerterm ma's to catch up to us a bit. We...

nurseblood Updated 

DGB: on watch & getting into a long position swing as of this morning with a 1/2 position at 0.061 with an order for the other half at 0.0581. As demonstrated by the sideways long-term moving averages, this one has not done a whole lot since May of this year. I do hold some in my HODL funds so I always have my eyes on it in the background. Nice run-up in August,...

nurseblood Updated 

XVG: long swing initiated. Similar analysis to DGB so won't rehash too much, but another long-term hold of mine and just retested the high of the impulse wave from August of this year which is big resistance, but if we can get above, will have clear sailing to retrace the the big move from May. Half-size position initiated at 0.031 with an order for the other...

nurseblood Updated 

ive been analyzing and backtesting some charts. In particular~ shorts. One thing I really liked was DIS short. I was in the long swing that I exited prior to ER, we gapped down bigly of course on ER. They tried to fade it unsuccessfully. When we could not get over the ER gap down, could have looked for a short entry on a smaller timeframe like 30 min or 1 hr....

nurseblood Updated 

So I want to sell my house and put it all into MGM. We are breaking MULTI-DECADE resistance here! On the monthly chart, we haven't seen these levels since 2008. On a weekly chart, we broke over major resistance last month and have continued higher. Just off our relative highs, we didn't quite make it to the 1.618 extension. This pullback to the 50 ma and touch of...

nurseblood

I want to see a close above this trendline on the weekly chart "handle" part of the cup and handle. We see that, should see a nice continuation higher perhaps into the 100 and 200 sma ($14.38 & $13.56 respectively). Earnings are on 4/29/19, but will revisit this Friday afternoon to see if they can close above the trendline.

nurseblood

EARNINGS SOON

nurseblood

im long. duh.