raamraj

raamraj

This is energy play at a low risk area. The sector has been beaten down severely for weeks and I am expecting a turnaround soon for CVX to make another ALT that could surprise many experienced traders who are shorting the energy industries now.

raamraj

Good risk to reward and will watch for any drop below $14 to indicate weakness. If the price breaks above the 200-period moving average, then the profit target will be $28.

raamraj

After forming a base around $23-$24, I still expect $ilver to push up higher. The next target is 26 to 27. Trade can go on for many weeks and stick with your plan and let go if it reaches your stoploss. I bought Silver at $19+ back in late Oct, and took out some profit at around $23. This will be my re-entry to add more.

raamraj

Bonds are seriously underperforming stocks and TLT has been on a downtrend since the onset of Covid lockdowns when global governments printed massive amounts of money to prop up the equity markets. In Oct 2022, TLT broke below the 2014 low and then recovered nicely. I believe allocating like 10% in treasuries will be beneficial with the outlook of 2-4 years as we...

raamraj

18222 is the level I will be watching carefully. Breaking above that would set the Nifty Index to another ATH and it can reach 20k level.

raamraj

If Snap pushes past $9.80 (just 30 cents away), this is going to be a high yielding trade if you plan to hold the stock for 2-3 months. Price action must go up soon to confirm the idea.

raamraj

Oil can turn around and move higher soon as it can't be kept suppressed at this level. My target is $98.

raamraj

This trade could be risky for short term trading as the price is still making lows. However, if you are looking to hold for 3-4 months, then a small entry here can be beneficial. Today I added like 2.5% of my portfolio. Let's see.

raamraj

Silver is up 14% since my post on this asset. Booked profits on part of my position and will add on any new pullbacks. However, I am still bullish on it and my next profit taking level will be $26. If you are looking to add silver, look to buy on pullbacks.

raamraj

As we are not getting further price breakdowns in over 6 days, I believe BTC could push above 17900 soon. From then there is a big possibility for the price to flip bullish above 19k level. This is the level I will be adding more.

raamraj

Would like to see price to recapture 19k for a reversal signal. No buy signal so far.

raamraj

Market capitulation or flash crash isn't new and we should not be shocked about huge price dumps. One needs to embrace the worst case scenario and protect the portfolio or assets during such an event. Now, since the BTC price is still staying low, it could suggest the market participants are not ready to provide the liquidity so far. When the BTC price stays low...

raamraj

The price is still outside the Gaussian channel after the big dump. Yes, I have trimmed down my positions as planned to save my portfolio. After FTX's debacle, other entities could be in serious risk too of going insolvent. They too can dump their positions to meet their collateral obligations in coming weeks. So, do not think the worst is over yet. Stay calm and...

raamraj

Watch the price to break above the $33 level. This is the signal to stay long or go long. There is a huge spike down in running the stops and price is recovering fast now. Still like it break past 33 should you need to hold you SOL bags. Good luck.

raamraj

The nearly 10% price drop in over 24hrs is seriously concerning for the bulls. Now BTC is near the bottom of the support floor and there is a risk of breaking down very quickly. The US mid-term election is taking place here and volatility before and after major events are prime area folks like "Byenace" and "FUX" will show up and move the market. I have seen such...

raamraj

Solana dumped 20% within 48 hrs. BTC by 4% in 24 hrs. I had anticipated the dump to show up on que and wrote about this in my post. The latest FUD was initiated by "Byenace" and "FUX" together, bamboozling retail folks. These guys trade on the other side, remember that always. If we see the price dumps further, I can confidently say BTC could see new lows. But I...

raamraj

There is a lot of consensuses for going short at the current level all the way to 10k. I agree the market sentiments are horrible now and economic data has not looked good throughout the whole year too. So, it is justifiable why anyone should feel bullish on BTC now. But there is always an opposite reaction in the market to confuse our rational thought process and...

raamraj

This is a granddad of crypto like BTC, now not so much in the news anymore. Buyers have since left and the shorts are now trapped with no further selling pressure. So, there is a potential upside coming, like 88% as money starts flowing to this asset and the shorts have to exit. Remember XLM has been on a downhill since May 2021, crashing way before the great...