TCDA ready to go up - 1 year investmentMy first idea. ☺
TCDA is my long term investment. Within few month I will expect 7$ or more. But I plan to hold it about few years until it reach to 40$ (min 27$). In reality I didn't put stop loss. I pt risk to reward tool for calculation.
Any investment within 1 year will bring some profit but BUY at your own risk.
Do not use leverage.
Let's see.
Buythedip
ACBThis stock can get some real momo off the .96c price, would be easy to time. But upside is massive in the coming year or two IMO.
ETHEREUM PUMPETH and Crypto have been gaining bullish momentum on the H4 I only think its right we ride the wave before it resumes the bearish trend on HTF
CRV PUMPH4 structure has been bullish H1 is bullish and price recently pull back into retracement levels. now is the time to buy the DIP
AAve long setup update!!!!!!i changed my mind about previous setup on aave because it moved up first and did not give us the bottom of channel, so we can enter in the 50% of previous wave ang get nice reward toward 112$, wait for it to arrive to the entry and do not rush, also dont miss this one!
BTCUSD SAID BUY THE DIPBTC has been bullish on the 4H for a while now. Price seems to be have pulled back on the 1H now we are just looking for further confirmation signals to hop on the gravy train.
TWE.ASX - FUNCHARTS - Does Corn Really Lead Treasury Wines?Note: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome.
The blue line in the graph above is corn (futures) projected forward, now why on earth would corn lead the Treasury Wines share price? While I let you ponder the answer to that the correlation between a projected forward corn price and TWE has been relatively high through history at approximately 30%, simply scroll back through the chart and you can see for yourself that corn has a pretty good track record of leading TWE.
Now that we have a projection of sorts the next step would be to conjure up a trade based on this intermarket relationship (if it truly does indeed exist).
Let me draw your attention to the system on screen, it is a reverse of the Supertrend STRATEGY (Inputs: ATR Length, 3, Factor 1.5) where it buys the short term dips and sells the short term rallies. An analysis of performance shows that TWE is a very choppy stock. To see performance scroll down to the bottom of the chart and make sure Supertrend STRATEGY is showing. Now the next trick is to view the Performance Summary (not overview) where is breaks down the performance of long trades v short trades.
An analysis of long trades shows buying dips was highly profitable with a profit factor above 2 and a high percentage of winning trades. With this evidence the way I would trade TWE is to use Corn, or seasonal analysis or similar to obtain a bullish bias and then look to buy into a pull back on TWE. Once set I would then look to sell the position once the stock reached an overbought level. Stop Losses are a little difficult to set on a mean reversion strategy as theoretically the bigger the pull back the better the opportunity but I would suggest a fairly wide stop level of around 10-15% of the stock price as an emergency stop in case the trades really goes wrong.
The question you're obviously asking is should I get long now? In my opinion awaiting a pull back is probably the best strategy, you could use a stochastic or RSI indicator (or any oscillator) for that matter and look to enter during oversold zones and close out during an overbought period.
BHP - FUNCHARTS: Should we buy the dip?Note: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome.
BHP has sure been belted, but should we catch a falling knife?
- Let's take a basic look at BHP using a very short term strategy. It involves using a strategy called Supertrend Strategy with a 3 period ATR input and an ATR length of 1.5 times.
- Firstly, I've flipped it upside down, so we get a buy signal when the trend changes to down and a sell signal when the trend changes to UP
- Now, next step, Applying this strategy to BHP, take a look at the performance report for Long Trades and Short Trades using the Performance report TAB. Long Trades Buy the Dip , Short Trades Sell the Rally
- Looking at Long Trades, 66% of the time it was profitable to Buy a short term dip on BHP and wait for the trend to change back to up, after which you exited the long position. The profit fact was 1.77. No stop was used in the analysis.
- It was also marginally profitable to sell short term uptrends in BHP, meaning trend of less than 30 days didn't persist all that often.
- What's the verdict? Buying short term weakness in BHP and selling short term strength has made money in the past. BHP is typically a very choppy stock.
I hear what you're saying, you'd like to know if buying the current dip we are in will result in a profit? Based on this analysis BHP will usually stage some sort of rally in a downtrend and you would have make money 66% of the time historically. But looking at external analysis I'm not overly confident just yet.
When I'd like to get in. Take a look at the blue histogram on the chart, if it goes below -10, I'd expect the odds to be pretty good for a rally of at least a few days, if not more. That means any further (significant) downside could be an opportunity for a countertrend mean reversion play. It'll be a day where there is blood on the streets for BHP.
Here we goBitcoin has gave us some more data over the past few days and it's looking very bullish. You can see a inverted head and shoulder pattern that has broken out with a measured move that will break above the diagonal trend line from the last correction if it fully plays out. The current candle has a good amount of volume to add more confirmation to the breakout. In simple terms this move could bring us above $25,000 pretty swiftly.
TXN to join quick tech rally?My models say the Fed cannot raise rates beyond 0.5 points tomorrow or they cannot be trusted in the future. We should see a quick rally to end this week and perhaps begin next week, before the reality of $6+ fuel prices set in again and we continue the bear market.
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on June 10, 2022 with a closing price of 159.445.
If this instance is successful, that means the stock should rise to at least 160.195 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 2.0335% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 3.732% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 5.295% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 50 trading bars after the signal. A 0.4% rise must occur over the next 50 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 17.0 trading bars; half occur within 31.5 trading bars, and one-quarter require at least 45.0 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
Has Bitcoin reached its bottom yet?Based on my previous post on how to buy/sell bitcoin at the best price , the buy signal for bitcoin is currently ringing. According to the chart, the bitcoin price has reached and reacted to the 200 weekly MA. Weekly RSI indicator has reached oversold and also monthly RSI has reached its support at around 45. Those levels could indicate bitcoin's bottom and the price may reverse from that level.
However, I believe that the market especially the U.S. stock market has more to fall due to the launch of the fed quantitative tightening program to fight off red hot inflation in the U.S. Since bitcoin is highly correlated with the stock market, this may also drag bitcoin down further even below the 200 weekly MA. If bitcoin can't hold above the 200 weekly MA, this could mark the end of bitcoin's multi-year bull run. And since Bitcoin is the mother of all cryptocurrencies, a crash in bitcoin could propagate to other cryptocurrencies leading to depression in the crypto market. Let's hope it didn't happen. But we still need to prepare for all possible scenarios.
The latest resistance of cows | Short TermBitcoin cows are trying not to sell their bitcoins to new people at a low average price and this is very bad, everyone has the right to have bitcoins.
Press them to sell...
Steel Dynamics is overbought according to thisBased on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on May 27, 2022 with a closing price of 85.6795.
If this instance is successful, that means the stock should decline to at least 84.85 which is the top of the larger green box. Three-quarters of all successful signals have the stock decline 2.103% from the signal closing price. This percentage is the top of the smaller green box. Half of all successful signals have the stock decline 4.89% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock decline 8.016% from the signal closing price which is the bottom of the smaller green box. The maximum decline on record would see a move to the bottom of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The trough of the decline can occur as soon as the next trading bar after signal close, while the max decline occurs within the limit of study at 40 trading bars after the signal. A 0.75% decline must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 10 trading bars; half occur within 22 trading bars, and one-quarter require at least 36 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
BITCOIN - Rally before more sellingBITSTAMP:BTCUSD is looking for a rally to suck in all the buy the dippers only to make one more low towards 23k.
Expecting the same for the Stock market. A rally over the next week or 2 before more selling comes in.
🆗So now Where to Buy the Dip BITCOIN again 💲📊Hello Crypto Community and all Bitcoin maximalists !!
I'm not crazy and not even someone who calls themselves as a bitcoin maximalist!
because we just believe in the future of Bitcoin and crypto space !
today we can see the market is in maximum extreme fear, a huge terrible and horrible crash in some altcoins , but it really was interesting for me when I called my friend and he told me that I'm already buying the dip bitcoin based upon my DCA strategy , While I have a portfolio at a loss!!
I don't know how much money they have but they are always buying bitcoin since it discovered 😁🤑🤔
So today although bitcoin can fall more to the lower support zones but But it does not always continue to decline, and when smart money comes in again, it can fly to significant targets again.
( We should note that we have Bitcoin Halving event in less than 2 years and the miners' reward will be halved)
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
SPX, End of half of century bull run? Lets hope not !Today, I finally decided to publish what I have in mind for several weeks ! End of half of century bull run? Lets follow !
I really did not want to publish this idea since it is really terrifying but, as it is a possible scenario right now I decided to warn readers to just keep this in mind . This will help us to be cautious when opening long positions, to set our stop loss carefully, to not consider every new low as a ((buy the dip chance )) and to try to manage the risks.
As shown on the chart , Elliott wave count on monthly time frame suggests a possible scenario which is not a good one at all !. This scenario shows that a bull cycle started on 1974 may have been completed and we are just at the beginning of the huge correction down to the territory of shown wave IV. This is one of the Elliott waves guidelines which suggests the end of larger degree wave 4 correction in the territory of smaller degree wave 4.
There is one more pessimistic scenario which gives a chance to completion of a 90 years bull run which if true, may GOD bless the market!.
Lest hope this sell of to be just the correction of bull run started after pandemic low . In this case we will see a new ATH after end of correction but we have to keep it in mind that even in this optimistic scenario we are in final leg up of this long term bull cycle shown on the chart and the collapse of the market is inevitable soon or later.
We have FED Meeting in next two days , decision the will make and the path that they will show probably will direct the market in upcoming months.
There is no way to be successful in trading except being realistic and following facts and figures not hopes and wishes !
S&P 500 . Down ward continuation or trend reversal?SPX has made a series of lower highs and lower lows inside a down going channel since starting it's decline from ATH !
We had a strong bounce back after start of war in Ukraine which can be called ((Buy the invasion )) !. Why such a strong bounce back? I guess investors thought FED will be less aggressive after this crisis and they found a reason to flow the money into the market.
Is this rally going to continue? Lets follow the market. To me, making a higher high above the shown key resistance is necessary to make sure trend has been reversed. Making a new low confirms the terrifying possible bearish Head and Shoulder pattern. I suggest setting stop loss carefully and sticking to it if you are going to open a position or have already opened.
Best Wishes.
The bear market is not over yet buyersSo I heard a dip bought but the bear market is not over yet. But a short term buy.. then it will drop more.
LONGTERM buy I can see is anywhere from 25K and below if it consider to drop a bit more.
I would see a Bull dip play anywhere in that area if you are looking for a long buy.
Again the bear market isn’t over yet
Long term buy at 10 area or belowLuna is doing corrections after the false bullish.
We should expect a bullish Area until it’s at the 10.500 or below which will be the strong bullish support level
If that area breaks then wait until it hits about 5.00 or below..
Watch the dip and don’t miss the opportunity
40 years of SPYA bunch of price targets here. If things drop as fast as they went up, my bear case target is 315 by December 2022. If SPY can keep up above 400 through December 2023- We might have a decade of sideways movement without any all time highs (i.e. 2000-2013) If things continue to downtrend for the next 4 years- 280 bottom by July 2026. I would dollar cost average anything below 315 on SPY. Maybe even sell cash secured puts. #notfinancialadvice
Following the S&P500 waves to the bottomThe big moves this prior week call into question where we could possibly be. Are the recession fears valid and will the market tank for the remainder of the year or is the bottom truly near? Let us study what Primary C could possibly look like.
DATE TARGET
Primary wave A’s length tends to contribute 30-40% of the movement of the larger Cycle wave in which it resides. Primary wave A was 35 days long. This means Cycle wave 2 could last between 87.5 and 116.6 days long. Primary wave C tends to contribute 35-40% of the length of the larger wave. If Cycle wave 2 is 87 days long, wave C would contribute 30 to 34 days of it. If Cycle wave 2 is 116 days long, wave C would contribute 40 to 46 days of it. Primary wave C began on March 29, 2022. Potential end days based on this paragraph of analysis would be:
30 days is May 11
34 days is May 17
40 days is May 25
46 days is June 3
This means the bottom should occur no later than June 3.
The length of Primary wave C tends to be 107% to 171% of Primary wave A’s length. With Primary A being 35 days long, C could be 37 to 60 days long. 37 days long would be May 20. Through the incorporation of the prior paragraph, wave C could possibly end between May 20 and June 3.
PRICE TARGET
Primary wave A’s movement tend to contribute 40-70% of the movement of the larger Cycle wave in which it resides. Primary wave A dropped 703.97 points. This means Cycle wave 2 could drop between 1005.67 and 1759.93 points putting the bottom between 3058.69 and 3812.95. Primary wave C tends to contribute 60-68% of the movement of the larger wave. If Cycle wave 2 drops 1005.67 points, wave C would drop 603.40 to 683.85 of it. This would place the bottom between 3953.45 and 4033.90. If Cycle wave 2 drops 1759.93 points, wave C would drop 1055.96 to 1196.75 of it. This would place the bottom between 3440.55 and 3581.34. So far, our probable bottom could lie between 3440.55 and 4033.90.
Primary wave C’s movement also moves 126-196% beyond that of wave A. This means wave C could drop 887.00 points from where wave A began (4818.62 was starting point) to 1379.78. This would put the bottom between 3438.84 and 3931.62. Our bottom has now narrowed to between 3440.55 and 3931.62.
Another statistic is the ratio between Primary wave A’s movement and Primary C. Wave A’s movement tends to be 0.63 to 1.35 times greater than wave C. This means wave C could drop between 521.456 and 1117.41. This would place the bottom between 3519.89 and 4115.84. Our bottom has now narrowed to between 3519.89 and 3931.62.
Lastly, the ratio at which Primary wave B and wave C move in relation to wave A can also be considered. This ratio is normally 0.32 to 0.50. In the current scenario, wave B moved 74.24% of wave A’s movement. This means wave C could move 148.48% to 232.00% of wave A. This is calculated in relation to the level at which wave A started (4818.62). Wave C could drop 1045.25 to 1633.21 from 4818.62. This would put the bottom between 3185.41 and 3773.37.
Based on all of the analysis found here, the bottom should occur between 3519.89 and 3773.37 during a timeframe between May 20 and June 3.
I will provide at least one more analysis once I determine where Intermediate wave 3 occurred. If it occurred at the point identified, then intermediate wave 5 can last no longer than 7 days because that would be the length of the wave 3 which is the shortest wave. This would put the bottom no later than May 13, which heavily contradicts this entire analysis. This contradiction does not make sense which leads me to believe we will still experience a significant market drop this coming week.
NASDAQ reaching end of Capitulation? Or only half way there?Every investor should ask themselves, are we in store for the usually 20-30% correction?
Or are we in store for a market meltdown, similar to the Mortgage Backed Security collapse of 2007-2009?
Or the Dot Com bubble during in 2001-2002?
I have the most recent corrections in history highlighted, their reasons listed.
> It is clear that the current situation and correction is more serious, than those in recent history. It has more drivers to the downside than the last 3 corrections.
> It is also clear that the global economy isn't collapsing with like in 2008. In that recession, $10.2 Trillion alone was wiped from the American economy alone. That's not including the hit to Global Wealth, resulting in the elimination of many more Trillions.
> It is further clear, current tech equities are not as overvalued as in the Dot Com bubble. I cannot deny that there has been an increasing number of Unicorns and IPOs entering the market. The majority of which have already had their values demolished. One only has to look at the recent SPACs, to see the smack these "Vision over Reality" companies have received from the market.
>>> I believe we are more likely in a 20-30% correction, rather than a meltdown of 50-70%. Long term stocks go up.
Market Analysis On US500 - Buying The Dips Slowly But GraduallyIn this video, we talked about what i am seeing in the markets right now and the reasons why i am personally accumulating.
Us500 has been dipping slowly gradually and we have been smart with accumulating it.
Momentum indicators have been showing some weakness but we see an opportunity in the price location. Let's see if we can build
some more buy signals with the help of these great tradingview tools we were able to create and use thanks to tradingview.
Best wishes
Bugra
