Celsius had a nice pivot around my entry time, this is likely on neutral/positive Pepsi statements during their earnings. I expect the stock to test the 20 EMA on the daily and this narrow demand zone. There is a fair amount of resistance around 35-36$ but my initial PT remains. Note rising volume, this is very important for sentiment shift. My plan: I will sell...
NVDA broke the wedge with conviction here. The weekly stochastic RSI is opening up and a run is expected leading into earnings. The golden fib ratio on the most recent correction is 170$, my PT is about at this level, I believe we get there is 5-6 weeks. The only concern to note is volume falling off, hopefully the DXY can correct and we can move on here....
Once again I called another local top on TSLA, the fanboys and girls fought me about it and blindly bought more overpriced assets. I have been calling for this rejection for weeks/months. The stock is simply overpromised, overvalued, and overhyped. Lets take a deep dive at this updated chart. You will note that golden fib has rejected twice with conviction. Each...
Oxy looks like it wants to bounce off this 20 EMA on the daily chart. The stochastic still has room to run here on the weekly chart but could easily base here to reset the daily. Volume remains generally up, and war fears and market euphoria continue. I believe we will see the second leg to my next target of 58$ by end of month.
I am glad I entered this trade with a few medium/long term setups, the stock had a nice rally today. That flow of buy side volume is reassuring and the stochastic RSI is jumping on the daily. The stochastic is still dead on the weekly so there is a lot of room to run. I will sell my Jan 2025 calls when we reach 37.66$. My setups is as follows Jan 2025 40$ calls...
I was able to enter this position again on the rather hefty pullback. I went with Jan 60$ strikes for this to limit my downside. I am fine with holding a very volatile position. For those who hate that volatility, buying straight shares is definitely viable, my PT is still 69$. We could see a pullback as far as 47$ but I dont like to wait on momentum plays. If we...
Updated, alleged mild slope channel. This is a massive slope, waaaaaaay overboard to the upside. I still think we see 32$ in the coming weeks, the RSI is way overheated, volume is not great either.
Hood is creating a weekly bull around a prior rejection zone, the stochastic RSI is heating up. As BTC continues bullish momentum I expect this stock to explode to 28$ in a few short weeks. I bet we see this target by the end of November at this rate. Hood seems like a better BTC proxy than miners lately as it actually has a company and revenue behind it and has...
Sol is prepping for a big move, you can see that golden fib getting tested over and over. With the daily stochastic RSI finally pointing upward, the weekly following, there will be a momentum shift. This lift off the 50 EMA is bullish, and the last dip into the 130s was eaten up very easily. There is a huge buy volume at 145$, this will help support current...
I have been waiting for Celsius to hit the 30 dollar range for months and we are finally here. I am not a massive fan of the company but the intrinsic value is far above current price. The weekly stochastic RSI is very bottomed and I believe next earnings will show that this selloff to the magnitude is overblown. I am entering long call setups and planning...
I like to categorize my swing trades into sections. For longer term trades I like to buy 6 month or LEAP calls. In this case I believe Hum has fallen below intrinsic value fairly decently. I look to fill the gap at 278$ for my first target. The company is doing fine, revenues continue to grow, margins remain low but this is health insurance. I expect a full...
PLTR I have marked the last previous zones for the major corrections. The average correction has been in the 27% range with about 16 weeks between each correction. Given my prior statement about setting up a short around 40$, this is in alignment with the plan. I have added a demand box which is a monthly zone, drawn optimistically. The weekly stochastic is very...
I did end up cutting my losses on my NVO trade, I was not quick enough to sell the relief rally. This chart confirms the breakdown of the stock finally after all this time. I zoomed out and drew an optimistic demand zone on the monthly chart. I expect some consolidation around the 200 EMA at this point which is generally what these high momentum charts like to do...
Alimentation is one of my core holdings in my long-term investing account. I have been slowly adding to this position slowly as it consolidates. I believe the market has not priced the rate cuts into this very recession resistant stock. The market is keeping the price down due to the uncertainty of the 7-eleven acquisition. This consolidation has been 28 weeks...
Thankfully I do not wait until everything comes perfectly into play. I did not see much else appealing stock wise for undervalued sectors so I started to buy into my OXY plan ahead of the hopeful touch of the fib. This has played out nicely, I did end up going with December 55/60 strike spreads and my 60s are already up 60%. Oxy has a long way to run to even touch...
I am posting SNS again but this time to highlight the daily momentum, two EMAs already taken and a nice wick support as the token lifts towards this fib. We just need to take out this 200EMA which will likely happen soon. Support is at .020 cents Target short term is .0422 Medium term is around .055
FTM is hitting the momentum Fib, the ever important signal of strength and momentum in my opinion. My late November target still remains pictured as the circle. There is moderate resistance around the next Fib but a wide range after that. The weekly stochastic might need a bit of a reset but the daily is just getting started. I would love a confirm above this Fib...
BTC is still within the framework of my setup for the time being. I expected this correction to come to about 63k before another test at the top end of the range. The longer we stay between 63-66k the better to build support as a fallback zone if all-time-highs are rejected, I am still net long. Selling CSP on CONL (coin) here.