OXY had solid earnings and oil appears to have bottomed recently. With tech in the heavens for valuations, value stocks will eventually have their day. I have been averaging into 70$ jan 2024 calls for a few weeks any time the price is 56-57$. I plan on holdings these for most of the year as my oil exposure. This stochastic and price action contraction is some of...
HD is testing a breakdown of the channel here, we have had a washout to the upside previously. I would look for a weekly candle body extending past it for bearishness. I think the trend remains strong personally.
Coin definitely reversed trend alongside BTC. I find BTC is often lead by Coin ahead of time and Link token before these big pumps. I would not be surprised to see this stock push 185$. More bullish would be a retake of the teal momentum trend line ~200. Let us see how earnings goes, the market seems to only care about guidance. Coinbase should have a lot of...
The overall markets have been very bloody today, I decided to add more to my hood calls. I picked an aggressive march 15th 13$ strike. Earnings were huge and I marked the current post market price area. This pumped right to a very interesting area with lots of price action over the months. There is almost no resistance until 27$ on this stock. With huge growth, I...
Super is extremely close to one of my favorite momentum zones, the "almighty golden fib" as I call it. These on weekly charts offer a 50% retrace from the swing high. If you were to evaluate all assets that dumped in 2022, the ones that reach the golden fib the quickest within the same timeframe have the most relative momentum. I try to pick a mix of fundamental...
The crypto market has been absolutely nuts the past couple days. This newer position of mine looks to be printing a bull flag. Hard to tell how this plays out as inflation rears its ugly head again and the Mag 7 and small caps took a fat dump. I am in no rush to sell as I am up a clean 2x on the new position and hoping for 100 mil market cap before a profit take...
Gau is having a little breather here after 3xing from my first post in a few days. My colleage managed to lock in an 8x and cover initials already. I expect this token to hit 100 million market cap fairly quickly if this gaming run continues. Inflation or a BTC dead cat bounce could end the party early, but I will refrain from taking profits until 36-40 cents.
The pendle momentum remains strong. I havent sold any of my position which has a basis around 70 cents. I did expect a washout last week but the narrative and ecosystem is too hot. If this stochastic continues to oscillate without major dumps the channel may continue to ride to 4.5-5$ in the coming weeks. I remain bullish with my first sell slated at 10$. These...
This is a closeup chart on the Rose cup and handle I have been tracking for a long time. With alts finally really heating up a channel is formed on the token. If this momentum remains I expect the token to ride right to the 15 cent price target short-term. Medium term, the golden fib attempt around 22 cents. I have held and staked Rose for a long-time.
Super has done it again after a long consolidation, I added a rocket ship for fun since I am up almost 10x since my larger bag entry. Those who have had the will to hold on are being rewarded. Selling 10% today since I am massively in profit.
Sol grasping for that long-term trend, 137 soon? Tokens this strong are likely to pump the hardest. I am not super into Sol I prefer AVAX but you cant ignore the trend. Most of my Sol was from flipping myro.
AKT rockets back to trend, a short-term target of 3.67 arises, and then no resistance until all-time-highs. I believe we will be in price discovery a lot sooner than people realize. Another daily candle or two will really confirm this narrative.
NEar tests the longer term trend line on a second candle body. Body tests > wick tests. I believe with this ETH and general market run Near will hit 3.7 soon and then I have longer-term price targets marked. OBV is climbing hugely, and we saw an expansion of volatility/stochastic. Bull time.
It looks like BTC is right at the inflection point, it looks like it wants to hammer through 50k. I updated two new short-term targets. I am hoping we dont blow off top here. A retrace from a higher level would put the pre-halving correction at a much higher BTC price. 58k , with a 30% retrace would drop back to 40k which is a lot less bearish than previous...
FTM broke out of the descending channel to this horizontal I have marked. In order for me to get bullish short-term a retake of the real line is needed. The stochastic RSI has been expanding to the upside which is bullish. A possible third wave to the upside could occur. My short-term target is 42 cents, if we bounce from there we could get back to momentum trend.
Metis shows a bullish contraction right above the daily demand zone, this type of price contraction tends to lead to an expansion especially if volatility or stochastic RSI bottoms. I chose to use HV here to display how low the volatility is historically. If BTC doesnt dead cat right now I would expect a run here. Another test of 106$ in the cards. A downside...
GAU is a token my colleague pointed out within the avalanche ecosystem. He quickly found a 5x and I have failed to find an entry. I would a return back to this red fib extension or lower around 5 cents but I just might not get that. I am not super impressed with the fundamentals so far but the hype like we saw with 3ull is there. I get more engagement with GAU...
After further analysis it looks like HOOD is going to attempt to break out of this channel. A bounce at the median range of this channel with a continue upward pointing stochastic RSI is bullish. OBV is still within a long term channel as well. This is one of the weaker charts out there, as investors search for value in an overheated market, plays like sofi, hood,...