XAU BULLISH breakdownUsing chart patterns in analysis, its a clear bullish movementt/rally up till the 2040's and could create an uptrust after distribution clearing to the 2052-2055 range before a retracement is expected and then we hedge bullish again with the market.
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Buysignal
XBI Long-term Buy SignalsAMEX:XBI is giving long term buy signals as the chart displays. Super trend signals a buy, also MACD and KST crossovers confirm trend direction.
XBI is a somewhat volatile bio-tech ETF.
This ETF is also great for selling options on when volatility is high, as the premium you receive is often much higher than employing the strategy on SPY.
Here are the most current Top 10 holdings:
1 CYTK Cytokinetics, Incorporated 2.79% 2,308,666
2 KRTX Karuna Therapeutics, Inc. 1.80% 383,056
3 ARWR Arrowhead Pharmaceuticals, Inc. 1.61% 3,201,386
4 BHVN Biohaven Pharmaceutical Holding Company Ltd. 1.57% 2,381,294
5 SRPT Sarepta Therapeutics, Inc. 1.56% 904,544
6 ACAD ACADIA Pharmaceuticals Inc. 1.53% 3,752,269
7 ARDX Ardelyx, Inc. 1.49% 12,061,271
8 VRTX Vertex Pharmaceuticals Incorporated 1.46% 224,792
9 MRNA Moderna, Inc. 1.46% 980,210
10 KRYS Krystal Biotech, Inc. 1.41% 736,663
RIVN Is Rivian the next TSLA?Yesterday, I observed some unusual blocks of calls in the options chain expiring on Feb 23, following the earnings release.
One of the most substantial positions was in the $20 strike price call, with options traders paying $1.7 million in premium.
Listening to analysts, some mentioned they expect a 'TSLA Model 3 moment' from RIVN as well.
In addition to Amazon, which has agreed to purchase 100,000 delivery vans from Rivian, AT&T is set to acquire its electric vans and R1 vehicles in a new pilot program starting in early 2024.
On the other hand, the CEO stated that he anticipates Rivian reaching a break-even point on each EV built by the end of this year. We will likely hear more about this on the earnings call.
I am extremely bullish on Rivian's upcoming earnings release!
EUR/USD buy signal analysis Hey traders, I anticipate upward movement in the EU for the upcoming week. I plan to enter after another Market Structure Shift (MSS) due to the indecisive daily candle we had last friday, seeking additional confirmation. If the price takes the stop hunt indicated on the chart, I'll hold off on the EU trade, allowing more time for a setup before considering any involvement.
On the Bullish Road, DYDX has to stop at some station | LongBiasOn week chart
DYDX has grown through 1 year and reached to 4,363 on Nov 2023
Now, DYDX is pulling back to lower to accumulate awhile before going up
My view for this bullish around 6,3 that's #SupplyZone
DYDX has #Support around 2,17 this zone is #Apex between two trend lines
Time will tell
PERP LONG ENTRY : BUY SIGNAL : GONNA BE EPIC!So, after tracking the PERP retracement all day, the fun's about to start.
Anyone that misses this will regret it..
I missed the long entry by $0.03 something
Will try to do better this time round.. ))
Time to go long..
Enter at current level ~$1.1520 with no more than 50% of your intended trade size.
Will let you know when to scale it up..
When Head Shoulders is done then Bullish | Long BiasOn 1h TF
OP closed below 2.227 that confirm to Head Shoulders Pattern with target around 1.93
But OP is supported by Ascending Trend Line so we have a good zone to buy around 2.1 first then 1.93 if OP still down more.
Wait for rejection and signal for Bullish come back
GAS:USDT : PERFECT LONG ENTRY : THIS GETS ME ON YOUR XMAS LIST!After the last spectacular run GAS had, it's hard to not keep an eye on it.
Not sure how soon this will start to move.
What I do know, is that you're unlikely to get a better entry for it than the current level.
Buy and hold until I update the targets.
Strong Breakout confirm for the 5th wave of ImpulseWaveOn week chart
I figured out the Impulse Wave has begun from $15,4xx and now it's been happening the fifth wave with target around $40,000 and can be further at $42,000.
You easily spot the strong Valid Breakout happened around $31,300 within volume higher 130% Avg. Vol 30 days and now, it will retest or keep up climb higher and higher cause the bullish candle has a bit little wick that shows strength of buyer.
However, my view Bitcoin can reverse a bit before go up again because ADX > 80 and RSI Overbought these signals is good for reversing. Wait and see around $31,300
Time will tell