Apollo_21mil

Apollo_21mil

I tend to ignore China since I really do not like their rampant painful policy changes. I tend to avoid single stocks for investing purposes in this region. The China sentiment however is very bullish and the stocks are undervalued. My plan here is to long an ETF instead which will reduce my single stock policy change risk. Between incentivized buybacks, reduction...

Apollo_21mil

Golden fibs are my favorite for rejections. You will note that once again a hot stock rejects at the golden fib here. My plan is to sell CSP on this as I expect the market to keep pumping overall. Note this is a weekly chart, I am long into this resistance since we have room.

Apollo_21mil

RNDR had an amazing pivot as the witching day is over and BTC holds a bullish posture. I expect a swift trip to 7.8$ possibly some consolidation and then 8.5$. The token just recently lifted off the ever important 200 EMA (weekly). The stochastic RSI has room to run before a reset, the daily is already resetting downward so we could take a brief breather here...

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Coin I have been following closely and selling CONL puts. These have been absolutely printing me money the past few days. I expect this to be a break here of the medium term resistance. Coin generally leads BTC price action, BTC will likely have a bullish weekend and Monday to follow. I expect 201$ on Coin in short order. The weekly stochastic RSI is just starting...

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TSLA has pretty much hit my 260$ price target, I have been selling covered calls against my TSLL position for this. I am prepping to short the stock as we approach this important fib. TSLA has rallied over 40% since August 5th and is due for some profit taking. I am not sure if the stock will completely retest the green fib at 220$, but I will definitely look for...

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I have been waiting for another flush on NVO for a while, this tap of the 50 EMA should bounce and I bet the stock returns to the momentum trend line (teal). As you will notice the stock rarely stays below the 20EMA and teal trend, let alone riding the 50 EMA. Since this is a weekly chart. You will note a bottoming stochastic RSI. My plan: I have already entered...

Apollo_21mil

PLTR is on fire lately and clearly overvalued even for PLTR long-term bulls. I believe we hit the psychological level of 40$ and then we see another correction like the previous. I marked the last 3 major corrections and the average correction is just about 29%. A 25% correction would perfectly correct the the prior fib and by then around the 50 week EMA. Since...

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I am aggressively selling pivot point puts on CONL here. This demand zone is from a long time ago, coin and crypto is oversold on BTC that was just touching 60k. I believe we get a 50 basis point cut and the market rips, oil too, gold drops a bit. I would be very surprised if we dont test 28$ by the end of September.

Apollo_21mil

This is why I am short GLD and long oil, a combo of oxy being undervalued, and crude being oversold. As the market absorbs this rate cut I expect pumps from oil and dumps from gold. Summary: Put spreads on Gld Call spreads on Oxy

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GLD looks like it might reject this golden fib soon here on overheated price action. People have flocked to gold the last several months as recession fears grow. I believe the market is pricing in a 25 basis point rate cut, when we get 50, risk will increase and GLD will drop. I believe this will be a brief correction. -Price target 223-229$

Apollo_21mil

Here is my weekly setup on Super, I have been holding the second 50% of my bags through all of this chop. My target for end of year is 2.36$ assuming the run doesnt get way too crazy. This could completely line up on that golden ratio fib. The token has tremendous momentum so it would not surprise me if Super starts a crypto gaming bullrun.

Apollo_21mil

BTC has been building tons of price action around 58k on the weekly chart. Since most of my charts are weekly I have decided to look at this setup on the daily. The weekly stochastic is JUST starting to reset here so there is a lot of room to the upside. I think the daily resets as we bounce off 58k again for additional support. I expect a test near the circle I...

Apollo_21mil

Oxy is looking beaten down and recently fell below the cost basis Warren Buffet has. I have been eying this for a while as OXY was my most profitable swing trade of the year on the wedge break. you will need to look at crude oil futures as well. I would love to enter this trade on this golden fib here, anything in the 48$ range and I will be eyeing 55$ Jan calls....

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I have entered another swing trade on INTC this time a bit safer. I went with Jan 22.5$ strikes here on this small dip, the market is on fire right now and the stock is currently valued at about what net assets are valued at. The weekly stochastic is waking up, I have updated the fibs and my profit take will be tapping the 20 EMA (red moving average). I would not...

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This is a quick update attached to the TSLL chart. I expect this breakout to give another bull trap for TSLA investors/traders. A surprise 50 basis point rate reduction could cause markets to rage in general. Investors will again realize TSLA is overvalued as it approaches 300$ and the stock will go to sub 185$ next year.

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TSLL is coming to a pivotal moment where price action is either going to pump VERY hard, or dump on everyone with TSLA price below 185. This wedge is reaching a conclusion and the TSLA chart which I will also post has had nearly 8 weekly attempts at breaking the long-term wedge setup. I predict a test of 16.88 $ and then another rejection dumping TSLL below 8$...

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Hims approaches the weekly demand zone on an outsized selloff. I believe this is way overboard here, the company makes money, and GLP is only about 5% of their revenue, they made money long before this. This demand zone would be a huge long term value entry for the stock. A wick past the 50 EMA would likely at least tap into this zone, albeit briefly. -I have...

Apollo_21mil

QQQ and the broader markets are correcting as expected. NVDA was tremendously overvalued. Many companies are selling off into value zones at this point as the Mag 7 continues to bleed. Look back at my retrospective QQQ chart and how it perfectly corrected at the golden ratio. I expect a bit more downside here, September is typically the worst month of the year for...