SOGP looks for trader capitulation SOGP is a company in the AI subsector focused on voice to text and vice-versa with the twist of
between different languages marketing itself internationally as a penny stock with great
potential upside. If a trader on a low budget wants AI exposure for high potential profit if
patient this one may be better than PLTR because it is a value at a lower price
per share and has not surged already like PLTR. This is similar from SOUN.
On the 120 minute chart, SOGP had a big pop and then a slow fade. The volume has
disappeared as quickly as it came. A descending and falling wedge pattern is seen.
SOGP did 100% in a day and could do it again in the unpredictable near term future.
I will take a long trade in SOGP and hold it for inevitable pop again.
Explosivemoves
XRP/EUR explosive move incoming!XRP prepares for an explosive move as we approach the apex of the triangle.
Once we break the triangle, we can expect a price target of 2.50 EURO.
This price is reached by measuring the width of the triangle.
Of course w'll have to wait for an outbreak for conformation.
Lithium ETF - Needs a small pause to recharge 🔋🔋🔋Lithium has been one of our most successful 'explosive' trades and it has proven as right.
Our first post on June 17, 2020 was the beginning of a series of trades on our ETFs account and the price has over-doubled ever since.
Later on we posted this about how 'Lithium is power' and indeed we had a further rise of over 40% until then.
At this stage we have reduced our positions dramatically as we expect a correction as shown on our chart.
ps. we do a LOT of research on Lithium and others. We highly recommend this YouTube channel📺 for Lithium research, news and interesting facts, as well as plenty of Tesla research and analysis.
(and also this Lithium from the legend, Kurt Cobain👼🎸)
Swing Trade Idea in PHM!We really like to keep our charts simple and momentum in price action is the most important thing to us. One of my favorite setups is a squeeze because it allows me to get into a stock or option before the large move has been made. This is obviously really nice when you trade with options because of the greeks and implied volatility starts working for you. Here is some brief bullet points on why we like this setup:
- This stock has consolidated back to the 21 day moving average after a very bullish move.
- The price is in a squeeze and is starting to fire out of that squeeze to the upside
- There was good volume on the move higher today
My strategy is based on swing trading stocks and options. My hold time averages around 8 days, but can go as long as 3 months depending on momentum and price action. Please make sure to have an exit strategy in place at all times no matter how good a setup looks...anything can happen!