With student debt resuming, sofi is looking to present great forward guidance. They have been beating earnings/revenues and most metrics despite not having their largest cash generator with the previous zero interest environment. Sofi TA wise has a breakout of RSI bouncing above 20SMA as well as breaking the downward trend. I am eyeing Dec 15th calls 9.5$. For...
FTNT GAP trade is in effect for me, I swung this last upswing past the green line. With tech rallying and security/defense/cybersecurity trending with war situation FTNT should get caught up in the hype. The wedge is concluding and RSI has been trending downward. For a call setup Dec 15th or Jan 65$ is my pick.
NVO looks like it may breakdown here if this dotted red line of support is broken. RSI is very low but can certainly be lower. Tech stocks are rebounding which may put NVO and others out of favor for a few weeks.
VZ is one of my long-term bets on a value size, we can see a strong reversal which is rare for this type of stock and should signal a change in sentiment. If we can take the red line we are back in business for a generally accepted valuation of over 50$ per share.
zoomed out view of the prior post, purple long term resistance is holding and we see a converging horizontal, reversing rsi, and bounce towards the teal level.
HD looking to bounce on a tripe intersection of multiple support types. RSI may be reversing here, I am not trading this short-term but may use this area to add to long-term spot
BTC looks like 40kish if this is a bull flag break and should drag riot,coin, microstrategy with it
You can tell this chart is manipulated but I got rid of my stop loss and drew a line I thought the chart would bounce on and here it is. These are whales washing out traders left and right. RSI is the lowest it has been in two years, I personally am holding out here.
Small bull flag forming on riot long, the riot to btc discount is still lagging by a lot.
Again, the upside is many multiples of the downside. These GAPs are huge, and the stock is attempting to take short-term support. A small bullish divergence is noted as well.
This stock is heavily manipulated but looking to begin the range upward again. This is an example of how I map out risk to reward and why I believe the stock will trend upward soon. As usual the reward is always at least 3x the risk. Purple support has remained strong since April.
HD is one of my long-term holds that I do not plan to sell for a decade or more. The stock rallied earlier this year but has been in free fall with questionable economic conditions. Wtih Warren Buffet buying heavily into home builders HD should eventually catch on to this trend as more materials are needed in the coming years. TA wise, HD is looking to bounce...
Sofi is still one of my larger bets for small caps long-term. We are seeing a clear expansion of volatility within this wedge. If small caps reverse likely and upside break. We are at the exact point of a large sell order from May today with an area of a lot of support. I would bet we hold, but I do no not currently have open trades on the stock, just my long-term spot.
Small caps got wrecked the past few weeks, ACHR is no exception. I sold all my calls a while ago and keep adding small bits of spot to long-term account when we meet resistances. The stock is looking to consolidate here or find its way back into the channel. Dont forget ARK sold some TSLA to start adding ACHR, it has investment from Boeing and other large...
Coin is another long-term entry I got in around 45$ during the bearish times. I havent found a reason to sell this stock, I did trade puts on the downtrend but we are looking to break the range today (between bottom green lines). I use purple lines as long-term areas of interest usually multi-month or year. We have smashed through the 20 SMA and RSI has a strong...
VZ is one of my larger recession safety plays I have been averaging into around 31.2ish, the > 8% dividend provides a margin of safety. Before the collapse it was accepted that the stock is generally worth around 60$ per share. I plan to hold this to about 50$ however long that takes and collect the strong dividend as an alternative to short-term treasuries.
AVUV is my favorite small cap value etf/index. I keep this in my HODL account with VTSAX, most of my profits go into these two. I am finding this bottom range of the bouncing asset class attractive for a dca.
BTC is flirting with a supply zone that has stood for months. If this really is a cup and handle we are in for some spicy price action.