wantonwallet

wantonwallet Updated 

Coin unreasonably cheap, can return to IPO prices with fundamental and technical headwinds.

wantonwallet

A monthly bulldiv, a resistance turned support, and a falling wedge on the monthly that is breaking out (to the right) now, what else do you need? In the Grain complex, farmers have stubbornly held onto their stores past the December 2023 sale period because they didn't like the prices. The storage basis has ticked up since then. Maybe one more month of high...

wantonwallet Updated 

This seems like the best r/r 12 month trade for 2024. I think it does +185% in about 10 months. The risk to downside is easy to manage from the monthly ranges.

wantonwallet Updated 

Super nice long term TA. Has a good shot to be a 10-20x megamoon. Would be nice to own that one coin that pumps the most.

wantonwallet

Another downtrend break, I don't think it will take more than 12 months to get to 120, it could be much less. Still better off buying spot or ATM Calls. Oil is sitting just above monthly pivot, I think a stop at the monthly low, $77.80, is best, but a very conservative trader could probably get away with Long TP 120, SL at $80.50.

wantonwallet

META stock is so expensive as is AAPL. NYSE:U is your best second-order play on the AR/VR future at a cheap price, not pricing in any growth at this point really, very downbeat and pessimistic pricing on this stock. Unity Software is positioned for significant growth in the VR/AR gaming sector, fueled by the expanding ecosystems of tech giants like Apple and...

wantonwallet Updated 

Can be taken on CME, basically exactly 2 ZR contracts long per 1 contract ZS short. I am very convicted of this one. Peep the CoT I'm not a CoT trader, but last time Comms were short this qty, we roof-pulled on Rice. Crazy illiquid contract/asset so that's going to happen. Big believer that agriculture futures are a totally trash garbage market masquerading...

wantonwallet Updated 

TDOC provides video therapy and telehealth services. They blew up their stock price buy wasting 12Bn on a useless acquisition because the executives got a bit too excited and horny to spend their cash during the COVID bubble. Nonetheless, revenues are linearly growing, and American mental health is in rapid, precipitous, unstoppable decline. There is some concern...

wantonwallet Updated 

Oats are either about to start trending again, or could make a new low. Hence, we long with a tight stop, the stop represents the 200w ema minus epsilon, the target represents a monthly mean reversion target from the 2022 highs and $5 psychological selling point for farmers. Good time to buy an Oat farm if you are buying physical real estate, some distressed...

wantonwallet

This emerging market is breaking a 15 year downtrend, and I expect it to follow India. Countries that stay neutral in crazy geopolitical times tend to do very well. There are a lot of fundamental reasons to long Brazil that I won't enumerate here, commodity-rich etc, interest rates, etc. The TA is the main thing here, TP 1 will get hit this year, and TP 1 Would...

wantonwallet

20 year triangle break on SGDUSD, not a whole lot I need to say about this. I think the next 10-year trend starts now with limited downside for USD sellers. I don't think it will take 10 years to get to 0.88, I think it can happen in 3 years or less.

wantonwallet Updated 

I thought this one was pretty straightforward. Coffee looks PHENOMENAL for a long Sugar looks yucky after the huge run-up and is a shortable soft commodity hedge This stuff isn't that complicated. Supply issues get resolved in Sugar as they do in most commodities. Tbf I think Sugar is exhausted, I don't know if it will go down that much but I don't think...

wantonwallet Updated 

It will take a long time but it is worth it. NYSE:GME rises because of excessively overweight short interest, nothing more. I don't know why GME has accrued such excessive short interest, but the TA on the chart says that move happens eventually, again, given that the short interest never got cleared out. The Monthly support level gives a good clear r/r trade.

wantonwallet

The fourth test of resistance is good enough for me. It will break this time most likely. The measured move is about 900 but TP $750 to be safe.

wantonwallet Updated 

Not everyone is going to understand that Oats are a really inefficient market and that's okay. The cattle herds are huge, and they're going to be eating Oats. Oats are the superior feed, and cattle ranchers are pretty rich right now from years of high prices, and will probably want to go for the premium/superior form of feed from a cattle health perspective, which...

wantonwallet

Mean reverting in the spread. Long 1 ETH per short 20,633 TRX targeting 33,000. Can do on Bybit or DYDX. Funding isn't great, you prob end up paying 15% annualized at worst, but 63% return would outweigh that by many multiples. Obviously best would be to buy the ETH as spot and short the TRX on perps, then it's a positive funding trade.

wantonwallet

Can be done on CME, the ratio is 4.15 Contracts of Lean Hogs per 1 contract short GF Feeder cattle. This should mean revert.

wantonwallet Updated 

Doesn't take a genius to see what's coming. This is the start of the big ETHBTC run.