Will Novavax NVAX go higher? SHORTNVAX popped today for a price jump of more than 20%. Canada agreed to pay out on a contract
for COVID vaccines it now does not want in the amount of $350M. This is hardly enough to
the fundamentals of the company overall. So the question arises, have traders and / or
investors overreacted to a one time bonus which is essentially revenue without overhead and
expense. My opinion is that this is an overreaction and that the price will drop after the
pop hits a high. Buying long right now is essentially the risk of buying a high that will not
go higher. On the Chris Moody dual RSI indicator, the longer one hour TM in black is over
75 while the shorter 5 minute TM in blue has peaked and dropped from 95 to 60. This is
in essence bearish divergence. The other indicator, the mass index, shows the value
arriving at the reversal zone where a drop to below 26.5 will be the trigger.
Overall, for both fundamental and technical reasons, I will enter a short trade on NVAX
expecting a correction / pullback from the pop the stock got after a one-time bonus of
a payout for not producing unneeded vaccines.
Pumpanddump
DGLY is due for a correctionDigital Ally, has had a bit of a slow motion pump after earnings in mid-May. Insofar as the
earnings go, there were none. The news is DGLY is burning cash less than expected. No matter
how you cut it shareholder value is not there and still the price went up since then especially
in the last few trading sessions. DGLY could dilute shareholders to raise capital. Insiders
could be manipulating the price. According to FinTel, there are 12 insiders who own 7.7% of
the shares. Seemingly, if they act in a coordinated scheme without any paper trail they could
have run the price up especially if they got help with one of the several penny stock trading
rooms with lots of followers. Overall, this looks like a pop and drop pumped up and ready
to flush. I will take a short trade of put options on this expectant for a quick profit over
a week or two.
Got more Doge?POLONIEX:DOGEUSD Dogecoin is showing this repeating pattern. I like to call it a Pump and Pump :-)
Maybe it will ultimately become a Pump and Dump . So I am not going all in.
However, a small holding of Doge has the potential of creating a large return.
This is an asymmetric risk-to-reward play.
I write off all the money I put in. So it is a small loss on my portfolio immediately, but if the trade plays out it will generate a significant gain on my overall portfolio.
One fundamental consideration:
Doge was meant as a meme coin. Its intended use is 'tipping'. Dogecoins are not defisable. So if Doge goes up by a lot, the tipping and maybe even payment functionality will become less useful or practical.
All and all, this is a very speculative trade. Please be aware of that and act accordingly.
AUTL Is this a pump and dump?AUTL on the one-hour chart had a spontaneous parabolic move without a catalyst as best as
I can tell. Earnings ten days ago were decent but nothing special. AUTL as a biotech firm is
losing cash just not as much as analysts predicted. In the parabolic move very few shares
were traded between $2.00 and $2.40 as per the volume profile Overall a massive volume
occurred compared with the entire year although there was a bit in the runup to earnings.
I suspect a pump and dump and think it might be worth playing. Insiders could be
manipulating the shares and acting as a team. The zero-lag MACD suggests that the top has
been reached. I believe that insiders will be selling quickly and short sellers will be
joining in. I will be one of the latter. Retail buyers could be stuck bag holding if caught
by surprise. Once price drops to $4.00 the bearish momentum will kick in due to the
volume void on the profile. Accordingly, I will buy a group of call options when
AUTL hits $4.05 set a stop loss and await the flush back down to $2.00. If things go
well this will be over a 100% return on investment and 300% return on risk in one day.
The contracts for 6/16 ( $5.00) are about $250 with about 25% spread between the bid
and ask.
AAVE ! Ganna move?HI TRADERS ,THIS IS DANIAL AND WELCOME
Aave consolidation in weekly timeframe shown us big wave will came.
As you can see from last 6 months ago, Avve try to break top of consolidation, but every time rejected by resistance.
In my opinion, best strategy for this coin, holding and watching the price till breaks one of the sides.
MOST IMOPRTANT TR ZONE IS DRAWN BY GREEN.
BINANCE:AAVEUSDT
Huobi (HT)Huobi Global’s majority shareholder Leon Li has agreed to sell his entire stake in the crypto exchange to Hong Kong-based investment firm About Capital, reportedly spearheaded by Tron founder Justin Sun. Huobi price today is $4.94 with a 24-hour trading volume of $49,600,236. HT price is up 19.6% in the last 24 hours. It has a circulating supply of 130 Million HT coins and a total supply of 500 Million
the next target for HT is 6 - 6.8
REKTRP | See you at . . well, you can figure out.The technicals are practically writing the news themselves . . ChatGPT in the HOUSE!?!? . . maybe ;
I'm not gonna get into a lot of detail but Bitty CME has a sick bottom gap that HAS to fill, eventually and as Bitty goes so goes the rest of 'em. I plotted a possible entry / firesale level buy op about two weeks before this ridonculus pomp and then watched the news support the price action. Between Lawsuits, CFTC, adjudications, Gary and his crusty shekel band of blowholes, etc., it's like a reverse 4th of Ju ly.
So have fun with it and please consider hedging, spread risk, DCA, and grid into positions. Bottom fishing and top spotting can be tricky for the "all-in" guys.
Cheers and don't get REKTRP'd!!!
~ Box
* * * Not Investment Advice * * *
EYPT EyePoint Pharmaceutics LONGEYPT is now on another breakout on the 2h chart similar to what occurred
from mid-December to mid-January. On the indicators the MACD shows
the K/D lines on a steep upward slope. For me, what set off my interest
was a relative volume scan that produced this stock on the list.
The relative volume this week and consequential accumulation triggered
the breakout with those volume spikes
Fundamentally, EYPT had a catalyst as it completed one phase of its
FDA clinical trials for a treatment for macular degeneration, a
debilitating eye disease of the elderly. The potential market
is several multiples of the stock's current market cap.
This company is a takeover candidate as it is young without
a big pipeline but with upside potential.
The relative volume of 4X to 8X is a sure sign that buying
pressure will move the price. Price has crossed the SMA50 just as it
did last winter. The price is up 40% or more this week. Could this be
a pump and dump? Maybe. For sure it is a speculation play just like many
NASDAQ penny biotech stocks For mem the price action of last winter
with a 120% gain in one month is reassurance for this time around
with some hopeium thrown into the mix with the technical analysis.
I will buy a call option under the current price with the 4/21
expiration and leverage the speculation a bit. In the past day,
this option rose 67% based on the price surge of the underlying stock.
TSLA $200's ResistanceTSLA opening above $198.5 should go up towards $204 gap fill possibly $206 retracement ...
resistance @ $$199.5-200.5 then $204 (2 sigma weekly Move)
If Fed is Dovish today with a 25bp hike this will help to push bullish narrative
Fed with 25bps and Hawkish rhetoric can stop the bull run.
Below $194, we could see Tesla go for Gap fill below and settle around $190 to finish the week
This Feels like a Bull Trap set-up- just my opinion
I bought back in @ 175
Since I plan on taking Profits for this week I will look into selling $200-$205 calls against my $175 price positions *** this is a profit taking options position,
I would not sell calls if I did not own shares at that lower price.
BITCOIN : Btc Rising Wedge patternBINANCE:BTCUSDT
Bitcoin went up from 20k to 28k in few day's without proper correction
Now price seems overbought and it needs to cool down price action a bit
Price is trading in rising wedge , rising wedge is bearish reversal pattern
Price after breakout can drop down to pivot level of 26k mark
50 ema will also join pivot point after 12-16 hour's
❤️ Please, support my work with follow ,share and like, thank you! ❤️
SIVB: A Cautionary Tale for Investors Following Stock BloggersAfter SVB has failed, which has raised concerns about the stability of US banks, as recent news reports indicate, I have questions about the reliability of stock bloggers/vloggers. Especially those telling you about “the best growth stock to buy right now”, “this stock is down by 50%, is it a buy now?”
First, I would like to remember these four key events marked in the chart:
1. On March 16, 2022, after the war in Ukraine had begun in February, the fears of rising inflation led the Fed to start hiking federal funds benchmark rate by 25 basis points for the first time since 2018. While FOMC stated that “The implications for the U.S. economy are highly uncertain, but in the near term the invasion and related events are likely to create additional upward pressure on inflation and weigh on economic activity.”
2. Additionally, on 13 June, 2022, S&P 500 slipped into the bear market territory by dropping more than 21% from its all-time record on 3 January, 2022.
3. On July 5, the spread between the 10-Year/2-Year US government bonds yield breached the negative area (until present), signaling to a potential recession.
4. Finally, on February 3, 2023, nonfarm payroll employment rose by 517,000 in January 2023, smashing the expectation of 185,000, and indicating the persistence of inflation as well as the possibility of rate hikes for longer periods.
Beyond that, the unrealized losses of the total available for sale securities – which include T-bills and mortgage-backed securities – has nearly doubled during 2022. SVB reported unrealized losses for AFS securities of $2.533 billion as of December 31, 2022, comparing to $1.303 billion at March 31, 2022, with total assets of $220.355 and $211.793 billion respectively. Some of these losses are attributed to the tumbling bond market.
Along that way, SIVB has tumbled so heavily. From my point of view, with my little experience, these losses of SIVB would have not made any buying opportunity, taking into account the previous events and the bank business model. However, many stock bloggers published so many articles advising to buy SIVB as, for example, “one the best growth stocks”, “safest banking stock”, “it is time to buy the dip” and so on, with a deep confidence in the management of the bank and its businesses.
Eventually, SIVB trading is halted and “pending the release of material news.” No one knows now what is coming after. The question is now for those well-known stock bloggers, how did you not see that coming and why are you giving such advice of buying growth stocks in the middle of the rising recession likelihood environment at the first place? One answer that they might give you is that this advice for investors who seek to hold the stocks for 3 to 5 years or more, year after a year.
Stock bloggers won’t stop publishing articles about “the best growth stock to buy right now” even if the great depression itself is back. So, back to the best advice of all time, do your own research and take nobody’s word for your investment decisions – especially those bloggers. If you are unable to do your research properly, avoid making investment decisions based on general ideas and do not buy or sell any stocks without sufficient information.
MATICUSDTjust take a look at this cypto, done mapping, just the predictions, not gonna trade it, but if! price reach 1.3859 I might be consider to deposit, lols!
TSLA Kangaroo Market 3/1VIP Day for TSLA *DUMP & PUMP or PUMP & DUMP... Manipulation is Strong at these levels
This Consolidation will end soon leading to continuation break-out or distribution
Bullish Target $221.5 + Close above $224 will show Buyer Commitment
Bearish Target: Close below $197 *POC
My Patterns & Targets are on Chart
Detailed Insight from: 2/28
TESLA is currently one of if not the Strongest Stock and is helping to hold up the Markets. I believe that the Rally is close to wrapping up at this stage of the "Mark-UP" *Wyckoff Distribution"
I can see "Pump & Dump" -Final UTAD and Possible Continuation through Wednesday with Distribution.
****TSLA is BULLISH - do not mistake my bearish insights as a short confirmation *Daily Chart is very Bullish (The best moves keep going in the same direction) I
Technical/Trend/Patterns:
200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets too ..
-^Bullish double bottom pattern places TSLA move to $220-$224 area
-^Potential Island Reversal to the bullish side
BEARISH:
-Bearish Rising Wedge on Daily- if pattern completes, measured move will go to fill gap @ $147.61 (MACRO-2-3 weeks)
--Bearish Divergences are formed on lower time frames (4hr-1hr)
-Daily Bearish Divergences are looking to follow suit if a new High is made (speculation)
-OBV & Momentum indicators are diverging to the negative (OBV is High but Momentum is low -contrary)
-Price has been moving down but A/D Line continues rising *I analyze this as Higher Distribution
_____________________________
-***TIME FRAME: Analyzing consolidation patterns and impulse moves (Mark-UP) - I am seeing Consolidation on average of 25-27 days and Impulse Moves lasting 14 days
*Tesla is going to hit 27 days of consolidation on Wednesday I can foresee the Markdown Phase Beginning for 2 weeks and moving into consolidation until before next earnings in April before the Next Mark-UP
This aligns up with Seasonal Market Trends ( Bullish in Jan - Decline mid Feb to mid March)
-
Options
Current Options info: *$200 Call Option Wall
-Contrarian view is that with High Call Options @ $200 price will close below that by end of week (Market Makers do not want to pay-out) Max-Pain is currently at 197.5
-Bullish view: amount of options could create a "Gamma Squeeze" -Squeezing Tesla to test or surpass Highs in the short-term, ***Short-term pump & Dump
Weekly Expected Move: $215 High $197 Low
Positives:
-Investor Day is Hyping up the bullish trend as everyone is preparing for Elon to showcase "GEN 3" platform -a new commodity vehicle for $25-30k before mark-up. This has retail piling into TSLA stock with an enormous $200 call Option wall again..
-Berlin Higher production levels
--QQQ Potential Island Reversal to the bullish side - Help to continue Rally
Analysis: Short-Term Neutral/ Bearish (Long-Term Bullish )
My bias is Bearish with a possible pump & dump scenario in play ...
$200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets to .. If Tuesday shows strong Commitment and closes at the highs.. We could see Bullish continuation to $234.
Tomorrow is VERY CRITICAL - Monthly close above $200 shows strong buyer commitment - if there is a sell-off and we see a close below $197, I feel confident that Tsla will retrace to $145 area to fill gap ( 0.618 retracement )
Tsla Closing strong tomorrow will lead me to believe that consolidation may continue through next week until we get March Payroll Data (this puts my target price to $232-$234 before we see "Mark-Down"
*watch how TSLA reacts to Weekly Expected high at $215 area
-I am staying away from Options except for "Day-Of"
-Day Trading has been exceptional - waiting 15min after market open has proved beneficial
TESLA BUY the Rumor Sell the FactTESLA is currently one of if not the Strongest Stock and is helping to hold up the Markets. Strong Move today on Lower Volume. I believe that the Rally is close to wrapping up at this stage of the "Mark-UP" *Wyckoff Distribution"
I can see Possible Bullish Continuation through Wednesday.
Technicals/Indicators/Patterns:
$200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets too ..
-^Bullish double bottom pattern places TSLA move to $220 area
-^Potential Island Reversal to the bullish side
BEARISH:
-Bearish Rising Wedge on Daily- if pattern completes, measured move will go to fill gap @ $147.61
--Bearish Divergences are formed on lower time frames (4hr-1hr)
-Daily Bearish Divergences are looking to follow suit
-OBV & Momentum indicators are diverging to the negative (OBV is High but Momentum is contrary)
-Price has been moving down but A/D Line continues rising *I analyze this as Higher Distribution
_____________________________
-***TIME FRAME: Analyzing consolidation patterns and impulse moves (Mark-UP) - I am seeing Consolidation on average of 25-27 days and Impulse Moves lasting 14 days
*Tesla is going to hit 27 days of consolidation on Wednesday I can foresee the Markdown Phase Beginning for 2 weeks and moving into consolidation until before next earnings in April before the Next Mark-UP
This aligns up with Seasonal Market Trends (Bullish in Jan - Decline mid Feb to mid March)
-
Options
Current Options info: *$200 Call Option Wall
-Contrarian view is that with High Call Options @ $200 price will close below that by end of week (Market Makers do not want to pay-out) Max-Pain is currently at 197.5
-Bullish view: amount of options could create a "Gamma Squeeze" -Squeezing Tesla to test or surpass Highs in the short-term, ***Short-term pump & Dump
Weekly Expected Move: $215 High $197 Low
Positives:
-Investor Day is Hyping up the bullish trend as everyone is preparing for Elon to showcase "GEN 3" platform -a new commodity vehicle for $25-30k before mark-up. This has retail piling into TSLA stock with an enormous $200 call Option wall again..
-Berlin Higher production levels
--QQQ Potential Island Reversal to the bullish side - Help to continue Rally
Analysis: Short-Term Neutral/Bearish (Long-Term Bullish)
My bias is Bearish with a possible pump & dump scenario in play ...
$200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets to .. If Tuesday shows strong Commitment and closes at the highs.. We could see Bullish continuation to $234.
Tomorrow is VERY CRITICAL - Monthly close above $200 shows strong buyer commitment - if there is a sell-off and we see a close below $197, I feel confident that Tsla will retrace to $145 area to fill gap (0.618 retracement)
Tsla Closing strong tomorrow will lead me to believe that consolidation may continue through next week until we get March Payroll Data (this puts my target price to $232-$234 before we see "Mark-Down"
*watch how TSLA reacts to Weekly Expected high at $215 area
-I am staying away from Options except for "Day-Of"
-Day Trading has been exceptional - waiting 15min after market open has proved beneficial
frrusdtfrr/usdt has been in downward movement for a long time.
as we know kucoin coins are being pumped by whales so get ready for this coin
buy from 0.0005$-0.0007$
Targets Mid-Term
0.0009$
0.0012$
0.0015$
Long-Term
0.0020$
0.0025$
0.0030$
0.0036$
spend 50$-150$ (min- max)
Bitcoin, END OF PUMP SOON (?BTCUSDT 1D,
We have been down-trending recently, broke a structure to the downside, recently we have seen a LARGE mouvement to the upside out of no where, we have filled point of interest, and 0.618 Fibonacci, soon we might liquidate the longers and continue going downwards until we retest the monthly level of support.
Share this with your friends! Stay tuned for more.
XRP | Unlocking the Secret Bonus LevelWelcome XRP friends! Wondering where we're going? Here are some things to consider :
As we come out of our US Thanksgiving Day food comas, we're looking at some decent gains on the most recent run BUT, you're asking if this is it? Honestly, I think it still has legs for the 0.45 area where we find resistance at the 200 EMA
Look at the fork and see if it makes sense to go there, I think the Fibonacci's all suggest it's possible.
Remember, XRP ALWAYS pumps before mad dumps and there's still a ton of overhead selling pressure if you look at the VPFR, Look at all the volume that went into the 0.50+ range before the most recent selloff.
Check out recent statements by Ripple CTO regarding ETH looking more and more centralized as a result of much of the network relying on AWS servers. What a comedy show and Vitalik looks more tarded with each passing day.
Bitty is also having plenty of negative light being cast, I can't see us NOT having more down.
Anyway, see you at the bottom . . eventually
Doge coin .... Bart pattern The Bart Pattern is a meme way to describe a consolidation phase of the market whether it is the stock market or crypto market. It is a trading jargon particular to the chart technical analysis. There are many other names that refer to Bart Pattern including Bart Simpson Pattern, Bart Formation, Just Bart, Bart-ish Consolidation, or Bart Correction. The shape of consolidation resembles Bart’s hairstyle.
Why Bart !!!!
In the Simpson’s cartoon, Bart is a failure in school but a rebellious kid with the skill to prank others. These kinds of characteristics give a Bart Pattern a meme spirit with an idea that you got a prank!
The positive Bart Pattern is the head with the correct position. This kind of pattern is lacking the volume to push the price upward. It then drops significantly due to a lack of volume trading.
The negative Bart Pattern is the upside-down head. This kind of pattern is when the market sells sharply but realizes that the price is too cheap with sudden buyback to shoot up the price more than before.
The negative Bart Pattern is the upside-down head. This kind of pattern is when the market sells sharply but realizes that the price is too cheap with sudden buyback to shoot up the price more than before.
AMB : THE COIN THAT CAN DO 400% INCREASE PUMPThis update is not a normal trend update, and even not for those trading depending on short-term or levels trading.
We did start last time to scan pump coins, and which coins have the most chance to enter into the new pump.
We found out that AMB has a very huge chance to enter into a new increase that can bring AMB to 400% or above.
There is no guarantee for this, but always interesting to find coins that have the most possible chance to enter into the pump trend.
Coming time we will follow AMB, and see if that whale increase will come.
Depending on our pump coins study, shows that not all pump coins go directly, but we found a pattern where we see which coins can have the highest chance to go, and AMB is one of these.
It's good and nice to see if this coin can make the coming time a 400% or more increase.
Hard fork and death wishes for LunaLFG has announced that a hard fork will happen and this hard fork my cause the price to pump up as people assume the volatility and the price would continue go upwards. This is a trap and the this price move to the upside will be followed by a mass sell off from investors taking profits.
This may further harm investors.
Luna has massive inflation and zero belief which has caused the legal team of Luna to remove themselves from the project. This further means that the project cannot double its market cap and continue to the upside as the believe only causes massive sell off and with the inflation makes it next to impossible for the market cap to double.
Another problem is the illiquidity of the recourses in LFG recourses as they used their most liquid recourses to keep the stablecoin UST alive where as other recourses as staked in for example AVAX. LFG therefore does not have enough recourses to keep the sinking ship a float.
In the next coming days would the airdrop of the new Luna cause a short increased belief on both coins followed by the same price movement as showed in case 1 and 2 in the chart.
In the regulatory future may also the SEC increase regulations on stablecoins which further gives people less of an incentive to invest in Terra/Luna.