Huge inverted HS and triple bottom. The SL is just for reference, I would actually buy more if it pulls back. The 45 resistance is almost penetrated and the prices is going to shoot up to 55. Earning are coming on 02/14, if the markets pulls back the price after earning I'll buy more. The inverted HS took 2 years to build up, do you really think one news is going...
The SP has had a nice bull run the past 5 weeks. Now is hitting an important psychological and technical resistance at 500. It might try to break it on the upcoming days but I think it's going to pull back hard soon. I'm already taking profits I have cash sitting there until new opportunities come. I still have some long positions but I'm mostly in cash. Also I'm...
We can see here a huge inverted HS and a double bottom (blue arrows) forming. I thinks all of this is going to push up very hard and break out the resistance from 08/2021. I'll wait for a pull back to buy, right now is too close to the resistance. Every time it pulls back to the trendline I'll add.
The pair just landed on a monthly support. It makes sense, the dollar index is also landing on an important demand area and the JYP is losing value. Check my previous post about this pair in the monthly timeframe. I just opened a long position, I will accumulate on the upcoming days.
Rounding bottom formation since September 2022. Is testing the broken resistance, if it breaks down to the next support I would buy more. Is a highly volatile stock, set your risk reward accordingly.
Inverted HS, double bottom, ascending triangle, everything about to break. It might consolidate a few more days within the triangle but looks very explosive.
I opened a long position last week. Still a good time to buy. Price is testing the broken resistance zone now support, the path with less resistance is to the upside. Aussie is getting stronger, I also have short positions on EUR/AUD and GBP/AUD, and I think the Dollar made a dead cat bounce last week and now is going down again.
Inverse HS at the uptrend line. Nothing above, no resistance, just let it rip. SL under trendline but must be broken by a weekly candle. Maybe 150 would be a good TP or partial TP.
Apparently price is forming an inverted HS in the monthly timeframe. It will take a couple of more weeks to be certain about the pattern or probably by the end of the month. This pattern has been forming since September 2022, if it plays out will be explosive. I like this kind of patterns bc are very reliable, may take some time to break out but I feel conformable...
I like this stock very much, I've made big gains with calls, covered calls, CSP and with the stock itself. It's very technical and I think it will hit the 14 level by the end of the year so each time it pulls back it's an opportunity to buy more. This time is not different, there is no setup yet that's why I sold CSP strike 8.5 expire 02/09. I sold them a great...
This is one of my favorite stocks. It is very volatile, making explosive moves up and down. I made decent cash holding my position and writing covered calls. Now it's coming back strongly. Buy here, if it goes low buy more. The SL and TP shown here are for reference only; In fact, I would buy more if they drop instead of closing it. I have a large position in this...
Looks like energy stocks that are coming back. Just in time when technology stocks are about to correct. I just opened positions on SLB and XOM, but there are others like CVX, EOG or XLE index that works the same way. These stocks are correlated with oil price that also appears to start turning around.
Looks like the market is giving a break to this stock. I think is going to try the 95 resistance level. Looks oversold and bouncing up from a long term trendline. Also call options is an interesting choice but give it time like a month.
Double bottom and broken neck. I like this stock because is very volatile, cheap and technical. You don't need too much money here to make money. Yo can almost double your position in a few weeks. Price may pull back to test the broke resistance now support but will happen fast if it happens. Use limit orders for TP and wait for a daily candle to close for SL due...
Price is landing on an important support area. This a gold and copper mining company, the stock pays 4.5% dividend yield. I see gold going up in medium term, next year I believe gold will be trading around 2200 and will pull up this stock. I own this stock for the dividends and I believe is going to hit the 45 next year. I'm collecting the dividends while I'm...
Dollar index is landing on a strong support area, I don't think is going to break through that fast. We will see a bounce off that support area very soon along with a market correction. It might be only a dead cat bounce, will see.
Just be careful bears. This could be a massive inverted HS. Price is very close to the 1900 support, I wouldn't be short here. It could drop a little more but gold is gold and doesn't give any warning, it could shoot up at any moment. I think we will some price action within a couple of weeks. Keep GLD in your watchlist.