StocksMany names are holding up well in this market. Get a pen and paper because I go quickly and make the trade your own.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 25 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
1326 trade ideas
GLD/SPY...on the brink of a breakout...or not yet.Another relative value chart. Gold has underperformed the SP500 in a clear trend for the last 2 years. We are now testing that trendline (yellow line) and a break could signal a period of gold overperformance in the next few weeks. if we break we could see a move at least to the 55w ema that acted as support a few times last year. keeping and eye on the weekly close as technicals are not supportive of a big run higher if we do break.
GLD breakout emerging...Let's seeI bought a Call Option on #GLD with a $181 strike price and 3/4 expiry.
#GLD has been on an uptrend for obvious reasons- it's a hedge against inflation, which is running rampant.
Price is currently compressing in this bullish pennant pattern and I'm taking a bit of risk-on bet that this trend will continue. I'm taking profits quickly on this one in anticipation of a retracement and consolidation before the weekend. Hoping I can squeeze some profits out in the interim!
Who's entering in some EOD positions? What are you buying? Let me know in the comments!
GOLD - All the way up!-First, let's start with the technical side of this matter, and highlight the fact that there is a cup and handle structure formed upon GOLD.
-Second, let's talk about how Russia is thinking about buying more gold, simple logic, demand-supply!
-Third, Fear! It is high and it is deteriorating the market while appreciating the value of gold.
-Fourth, uncertainty, war is here, it will be here for a while, stocks are uncertain, they fail to rise, so what else to buy other than GOLD.
-Oh yeah, BTC is rising as Russians are blocked or have their assets frozen, of course, BTC will go up guess what all these oligarchs and Russian politicians are using right now. But it is more of a temporary catalyst rather than a long-term. Gold still stands more stable.
GOLD TO 155-150The latest escalation in Ukraine raised doubts over the potential for a diplomatic resolution to the ongoing crisis. THUS the flight to safety in most commodities plays. An environment where real rates are rising and the Fed is tightening policy does provide a negative backdrop for gold .
Once Russia vs Ukraine subsides risk on EQUTIY : (45%)
BUT AT ANY GIVING TIME RUSSIA FULLY INVADE UKRAINE WE MAY SEE A VAST REACTION UPWARDS !
AS PER UBS " Expectations for higher interest rates tend to push yields of assets such as U.S. Treasurys higher, potentially lowering the attractiveness of a non-yielding asset such as gold ."
PLEASE LIKE AND COMMENT AND CRITICIZE THE IDEA !
GLD Monthly Breakout Imminent!11 month accumulation with a big range expansion in Feb. There is the possibility to expect a second level target here which would bring the price target to around $204. I'll wait till the end of Feb before entering to await confirmation of a breakout.
As long as the price stays above ~173.80 we will have a confirmed breakout.
Closing for the month above $173.80 would make the monthly range expansion greater than the previous candle, confirming the breakout.
Gold breakout This is obviously not good for the broad market. However, it's a promising sign for the ones who still trust in gold and other precious metals.
If you want a nice entry, wait for some consolidation, because the daily RSI is overbought. Buying here could be riskier than usual.
Resistance: 180,35 (61,8% Fib retracements from the highs)
Support: 174,89
Price target: 183,67
$GLD Monthly Cup n HandleWorld for some reason keeps feeling shakier and shakier - added some defense to portfolio by adding $GLD. Took a look at the chart and I'd have to say it looks like we are working on a years long cup and handle, where we just broke through the right flag - let's see if we see a pop higher or it is a fakeout.
$GLD Breaking out!!!!!Strong gap up in GLD today. Usually, it will pull back and fill that over the next couple days/weeks and then run. However, it could be a gap and run in a new "favored asset". Meaning it is a great time to be adding today, tomorrow, and the next week under $180. GLL
This is not a recommendation to buy or sell. It is for informational purposes only.
Gold vs Fossil Fuel comparison chartHere's a Gold vs Fossil Fuel etf comparison 15-minute chart week to date:
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
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Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
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SPDR Gold (USA: GLD) Breaks Triangle on High Investor Interest🌟SPDR Gold Shares Trust (USA: $GLD) holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.
$GLD long signal on the weekly chart With Russia creating tension in east of Europe, the safe heaven of inflation is finally moving higher with hopefully a sustainable move to the upside. My method of analysis is the VCP pattern setups for all my swings. Refer to Mark Minervini for the detaisl of the VCP setup but basically it ensures that no selling pression is near overhead of us. Weekly candles also closes between the 2 and 1.5 dev Bollinger Bands meaning that bullish trend is validated but not too extended like the last time we hit similar levels. Increases in volume is also a good sign.
My targets are 174.96/178/180.44/183
My Stop loss is at 170.54
Gold back in style ?Gold had a strong finish to week
showing nice accumulation with solid volume on its way to breaking the 171 mark
if we can break past 178 we could see it test the 185 level
ill be posting a weekly chart on this as well as we are actually right at resistance
either way both the daily and the weekly charts are pointing towards more upside for GLD
thoughts?
HAPPY TRADING
GOLD | Trouble in the water?In the following GLD chart we can see a symetrical triangle forming. Due to my thoughts that US:OIL will go down in the following period, energy costs will also dwell.
Lower energy costs + hawkish fed = inflation will be diminished -> gold pullback.
I might be /hella/ wrong.
Only time will decide.