Example of Buy the Rumor Sell the news
Let’s look at the recent news with Ukraine. This is example is not meant to lean in any direction of morality as much as it is meant to show how news hints at the direction of the markets.
- The US and EU has been warning of possible Russian invasion since December 2021
- Biden publicly proclaimed this warning multiple times in January
When you watch the news, you can make money by asking yourself logical questions about how this will impact society, and who benefits. Then go invest in those companies.
- Golden Cross on Jan 10
- Price jumped NEARLY 20% from start of US warnings to Friday
- Moving up 5% in one 4 hour candle on Friday Feb 25
This stock has still not reached last ATH and has the potential to continue going up depending on the duration of the conflict.
On Monday, we are likely to see a small dip before the price continues moving upward.
Buythebounce
$VGAC Buy the bounce This was has been continuously beat down and its time for a bounce off support. May trade sideways during these red market times
$MINE Falling wedgeBuy the breakout of this falling wedge. Should be a solid bounce off support and rise
$ACST Descending channelDescending channel in play. If it drops down to support zone buy the double bottom bounce!
$CCIV Buy the bounce off supportCCIV downtrend still in play and getting close to support but not there just yet. Good play is to buy the bounce off support.
Just our thoughts. Please due your own DD
Considering adding some Health Care into the Long Terms?I was considering adding some Health Care staples back into my Long Terms where I am very tech heavy.
I started looking around a little today and found an interesting name that I may watch closely: ANTM
What do we know about Anthem?
I drew a few lines, and then got to thinking about a Put Sale. Any advice / feedback on something like this?
I probably will not take the hit to my free cash, but wouldn't mind getting a little community feedback on this idea.
Mar-13 PUT $230.00 Bid 4.25 Mid 5.68 Ask 7.10
Akerna $KERN Coming In That Buy Zone. Fresh IPO (kind of).Akerna coming into that buy zone. Stock IPOed (actually it was a SPAC) at around $11 after doing their last private placement at $10.21. As this is a recent IPO (of sorts) and a cannabis company, I expect this will eventually shake out at 2x the IPO price (around $20) so buy on dips.
Why 2x IPO price? Look at high flyers Zoom $ZM, Beyond Meat $BYND, Crowdstrike $CRWD, all trading at about 2x IPO price, based on hype, growing markets, and sales growth.
Akerna is Cloud + Payments + Cannabis. They have an ERP software for cannabis supply chain / growers / dispensaries. All the buzzwords. Not sure 100% if the company has a legit future (need to do more research), but certainly I think this thesis is enough to put it on your watchlist.
Long Entry 5700-5900 - TARGET 6500-6700Why will I be Long?
1. Bull Div taking shape (4 Hour)
2. A completed Elliot wave on the last swing high followed by the current ABC retracement suggests a bounce around ~5.7-5.9k
3. Shorts at 38k at time of publish
Why I think it doesn't bounce here at 6200-6300?
1. Death Cross between 200, 50 MA (4 Hour)
2. RSI rejected at key resistance level
3. Strong rejections at each Fib Level.
Let me know your thoughts :)
GBP/CAD BUY BUY BUY!After break of trend line last week price came back to re-test the trend line which held up and now has pushed of it leaving a tweezer bottom candle formation in place which add too confluences.
Also weve been getting higher highs and lower highs which clearly show bullish trend and momentum
so for me i will be long on this pair
Happy trading ;)
Long at Support Resistance Level $AUD $JPY #forexI bought a small position on AUDJPY. Why? The price hit major support level. The risk reward ratio is good. Tomorrow Japan is going to publish some important data e.g. Trade Balance, Imports/Exports and Foreign Investments. You can wait for conformation. But I think from a technical point it is OK to go long.
Entry: 92.800
TP1: 94.00
TP2: 95.65
SL: 90.7