GBPUSD Short and Longs (News) Scenario 1: Both PMIs Better than Forecast
Actual Manufacturing PMI: 49.5 (Better than 48.8 forecast)
Actual Services PMI: 56.0 (Better than 55.2 forecast)
EUR/USD: Down - If both sectors perform better than expected, this might signal a stronger US economy, potentially leading to a stronger Dollar.
GBP/USD: Down - Similar to EUR/USD, a stronger US economic outlook could weaken GBP against USD.
USD/JPY: Up - Improved US PMI data might strengthen USD against JPY, especially if this leads to expectations of a tighter Fed policy.
Scenario 2: Both PMIs Worse than Forecast
Actual Manufacturing PMI: 48.0 (Worse than 48.8 forecast)
Actual Services PMI: 54.0 (Worse than 55.2 forecast)
EUR/USD: Up - If both sectors disappoint, this could indicate economic weakness in the US, leading to a weaker USD.
GBP/USD: Up - Weaker US data might make GBP relatively stronger, especially if UK economic indicators are not as disappointing.
USD/JPY: Down - A disappointing PMI might lead investors to question the US economic recovery, potentially weakening USD against JPY.
The Fib is just an example if we was to see a sell off it may come into play. If we not seeing a sell off the Fib will be non existent.
Buy-sell
XRP Short Term Price TargetIf you haven`t bought the dip on XRP:
Now you need to know that Ripple’s XRP is showing bullish potential, buoyed by its partial legal victory in July 2023. The court's ruling that only institutional sales of XRP were unregistered securities offerings, while programmatic sales to retail investors were not, has given the token a significant boost in confidence. This ruling marks a crucial milestone for Ripple, alleviating some of the regulatory uncertainty surrounding XRP in the retail market.
One factor that adds further optimism is the slow nature of the appeals process. With any higher court ruling unlikely before 2025 and a potential Supreme Court decision not expected until 2026 or beyond, Ripple has time to build momentum and solidify its market position.
From a technical perspective, XRP has been forming higher lows, suggesting a strong bullish trendline. With this upward momentum in play, I expect XRP to target $0.64 in the short term. As regulatory clarity continues to develop, XRP could be poised for further growth in the broader crypto landscape.
RKLB Rocket Lab USA Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RKLB Rocket Lab USA prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BTC Bitcoin Potential Retracement Soon If you haven`t bought BTC before the recent rally:
Now you need to know that Bitcoin’s meteoric rise to an all-time high of $93,434 has reignited excitement in the crypto markets. However, as the euphoria peaks, warning signs suggest that the king of cryptocurrencies might be due for a pullback. Currently trading at a Relative Strength Index (RSI) level of over 86—a threshold signaling overbought conditions—Bitcoin appears overstretched in the short term.
Historically, RSI readings above 70 often precede market corrections as buying momentum wanes and profit-taking sets in. While Bitcoin’s long-term fundamentals remain strong, its price trajectory has repeatedly shown susceptibility to sharp reversals after rapid ascents. A retracement to $80,000—a key psychological and technical support level—could provide a healthier foundation for Bitcoin’s next leg upward.
Traders and investors should remain cautious, especially as Bitcoin consolidates at overheated levels. A correction to $80K might not signal the end of the bull run but rather a necessary recalibration before the next rally.
NVDA NVIDIA Corporation Options Ahead of EarningsIf you haven`t bought the dip recently:
Now analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 150usd strike price Calls with
an expiration date of 2024-11-22,
for a premium of approximately $3.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
WIX Options Ahead of EarningsAnalyzing the options chain and the chart patterns of WIX prior to the earnings report this week,
I would consider purchasing the 175usd strike price Puts with
an expiration date of 2024-12-20,
for a premium of approximately $10.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
LOW Lowe's Companies Options Ahead of EarningsIf you haven`t bought the dip on LOW:
Now analyzing the options chain and the chart patterns of LOW Lowe's Companies prior to the earnings report this week,
I would consider purchasing the 270usd strike price Puts with
an expiration date of 2024-12-20,
for a premium of approximately $8.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
XPEV XPeng Options Ahead of EarningsIf you haven`t bought XPEV before the breakout:
Now analyzing the options chain and the chart patterns of XPEV XPeng prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $1.16.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
WMT Walmart Options Ahead of EarningsIf you haven`t bought the dip on WMT:
Now analyzing the options chain and the chart patterns of WMT Walmart prior to the earnings report this week,
I would consider purchasing the 80usd strike price Puts with
an expiration date of 2025-6-20,
for a premium of approximately $3.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BIDU Baidu Options Ahead of EarningsIf you haven`t bought BIDU before the previous breakout:
Now analyzing the options chain and the chart patterns of BIDU Baidu prior to the earnings report this week,
I would consider purchasing the 90usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $2.78.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Tesla bearish gap fill for further highs!? Going along the lines of GAP fills since the beginning of the year #tesla have been filling all the gap fills apart from the last 2 big gaps that happened: .
My thoughts:
- will we see a sell off in the remaining weeks of the year? Fill in the 2nd to last remaining gap and then next year push all the way up to $450
- Do we see the sell off happen till president trump is elected as president and then the stock will fly back to the highs of this year? As Elon is part of D.O.G.E
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A 14% drop in $VKTX and I might still win. Here's why! NASDAQ:VKTX
A 14% drop in NASDAQ:VKTX and I might still win. Here's why!
In this video analysis update on my position in NASDAQ:VKTX , we will discuss why I didn't sell after the 14% pullback and why it's important not to sell based on price movement! Enjoy.
Have you ever sold a stock and right after it flew to the upside?
SPY S&P 500 ETF End of the Year Price Target If you haven`t bought the recent dip on SPY:
Now with Goldman Sachs lowering U.S. recession odds from 20% to 15% and raising their 2024 year-end S&P 500 target to 6000 from 5600, the outlook for the market appears increasingly optimistic.
The reduced recession risk suggests stronger economic stability, and the upward revision in the S&P target points to continued growth potential.
Given these factors, I agree that a year-end price target of 600 on SPY is achievable.
DOGE Dogecoin BreakoutIf you haven`t bought DOGE before the previous breakout:
nor sold the top:
Now you need to know that is primed for a new rally!
Dogecoin appears poised for a new rally after breaking out from a falling wedge pattern, a bullish technical indicator. The wedge typically signals a reversal from a downward trend, suggesting upward momentum. As the breakout solidifies, Dogecoin could target the $0.22 price level, a significant resistance zone. Strong buying volume following the breakout could fuel the rally, supported by renewed interest in the meme coin and broader market sentiment.
ET Energy Transfer Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ET Energy Transfer prior to the earnings report this week,
I would consider purchasing the 16.50usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $0.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BABA Alibaba Options Ahead of EarningsIf you haven`t bought BABA before the major breakout:
Now analyzing the options chain and the chart patterns of BABA Alibaba prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $3.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ASTS AST SpaceMobile Options Ahead of EarningsIf you haven`t bought ASTS before the major breakout:
Now analyzing the options chain and the chart patterns of ASTS AST SpaceMobile prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2025-5-16,
for a premium of approximately $6.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
JD Options Ahead of EarningsIf you haven`t bought JD before the major breakout:
Now analyzing the options chain and the chart patterns of JD prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.81.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
HIVE Digital Technologies Options Ahead of EarningsAnalyzing the options chain and the chart patterns of HIVE Digital Technologies prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $0.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CSCO Cisco Systems Options Ahead of EarningsIf you haven`t bought the dip on CSCO:
Now analyzing the options chain and the chart patterns of CSCO Cisco Systems prior to the earnings report this week,
I would consider purchasing the 57.5usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $1.87.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
RUM Rumble Options Ahead of EarningsIf you haven`t bought RUM before the previous earnings:
Now analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 6usd strike price in the money Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
COIN Coinbase Global Options Ahead of EarningsAnalyzing the options chain and the chart patterns of COIN Coinbase Global prior to the earnings report this week,
I would consider purchasing the 200usd strike price in the money Calls with
an expiration date of 2024-11-15,
for a premium of approximately $21.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.