The "return to normal" bubble rally has failed below a well defined support. Target $10
Zoom has completed a head and shoulders pattern after a massive run up. It's market cap is $100b, which over the long term is insane for what the company does, and even more crazy when you consider: - Usage is expected to massive drop next year. - Competition in this space is fierce against huge companies that could close the gap on making a better version of...
See Text - Looks like there's a reasonable chance ETH catches up to BTC
ETHUSD looks ripe for a trend continuation. Long ETHUSD Calls at $480, Oct/30 - $2.50/each RR of 87x
BTC looks rip to continue its trend higher. Buy BTCUSD Calls - Oct/30 at $12000 strike on Deribit for $250/BTC Target is $14000
US Stock market looks to have found a footing and the head and shoulders on the DOW appears to not be following-through indicating a "fish-hook" trend continuation signal. APPS showed tremendous strength during the correction and BROKE OUT on elevated volume during September's general market weakness. The EPS growth of the company has been tremendous and it is...
ETH has been consolidating for the past few weeks. It looked like it wanted to form a bearish reversal pattern but didn't following through - indicating a bull-trend is still-intact. Other indicators are also highlighting a resumption of trend.
Looks like prime time for a BTC continuation breakout. Aug/21 Calls at ~$270/1 BTC on Deribit Target of $16,000 Risk-Reward of ~11.5x
With BTC looking poised for a breakout, ETH is set to follow. ETH may lag initially due to the ETHBTC headwind, but there is the potential for a catchup Buy Aug/21 $500 Strike ETH Calls for ~$3.35/ETH Target of $800 Risk-Reward of 88.5x (not a typo)
Looks like Prime Time for Bitcoin to catchup to Ethereum and breakout. Long BTC Calls at $225/BTC at $11250. Target $14000 Risk-Reward of 11.2x
Looks like its prime time for an ETH breakout. Buy ETHUSD calls on Deribit between $255 and $265 (1-2 day contracts) $0.05-$0.50/ETH Buy EHT calls for July/31 at $270 at $2.5 Target is $280
Bought July/17 ETHUSD Calls at $270 at $1.60/call on Deribit. Target is $320 Risk-Reward 30x No need for stop as risk defined by call option.
The risk of a second infection wave before a robust treatment or vaccine has dramatically increased over that past few days in the US. Therefore: Short 0.50 bps at break below 3010 Stop at 3090 - Risk 45 pips Target 2300 - Reward 745 pips Risk-Reward 16.6x
Short at market 3005 Stop Loss at 3030 - Risk 25 pips Target 2400 - Reward 605 pips Risk-Reward 24x Initial risk is 50 bps, add to position at 2950 - stop loss at 3030 - risk of 80 pips Target 2400 - Reward 550 Risk-Reward 6.9x Average Risk-Reward is 15.5x
Long ETHUSD Puts at $160 at $1.30/contract - June/5 Expiry Target is $120 - Profit $40 Risk-Reward of 30x
I am going a bit earlier on this - based on gut feel. The market leaders of the post pandemic crash are at a critical juncture (i.e. AMZN) and if they break down it is a big signal that there is NO MORE UPSIDE. #1 - Short at ~9405 with stop at 9545 - 140 pips risk - risk 50 bps (due to lower quality signal) #2 - Add short at break below 9200 - add based on how...
Sentiment is too hopeful on a quick resolution on COVID globally. Buffett didn't buy the US Stock Market dip - more stimulus is needed which should drive investment demand for gold. Long GLD at $162.92 Stop at $160.65 - Risk of $2.27 Target $184.5 - Reward of $21.58 Risk-Reward of 9.5x