This 2 year plan is explained below. Chart = US 2 year on the top // SPY on the bottom To understand my charting and thought process, if you wish to, it’s best to start with the macro idea here. I’m tracking the US2 year yield. The peaks in ’89, ’00, ’06, ’18 and ’23 have created overturned cycles leading into recessions. Sure, the 2023 peak has not yet resulted...
I recently purchased mstu and even more recently looked at their chart😊. Their first candle on Wed the 18th to todays close is just proud of 400%. I am currently down about 4%. MSTR chart from Oct 18 to close today is roughly 150%. So… The ETF accelerated faster than a 2x pace for the first month. I understand MSTR is super popular right now and that that likely...
Congratulations to investors still holding! Well done one and all. I’m happy to be here too. I am new to this bull run and bought august thru the new year of 2024. I hope this chart passes through our Mods and is seen as a fun celebration of the day….today was fun as all damn get out. The retest is behind us and we have four exponentially larger candles in a row...
I bought into ONTO this year on Aug earnings as part of a mid-cap play riding on the anticipation of a US rate cut that would help smaller businesses. I bought on the hype then sold the next day (I did that with a few small and mid caps I noted in past public publishings that I had published publicly). The stock went decently higher after I had sold the earnings...
Following up on my last SPY chart trend, we have emulated that fractal fairly closely over the last few days. The chart before us now looks to be presenting a Head and Shoulders pattern. Granted it is on a one hour timeframe and anything smaller than a daily for a head and shoulders needs to be taken with a grain of salt (although it can be seen there too) I...
I went a little short. Pretty tight up on the underside of that 200 for bitcoin, if I dare say so myself…I just jinxed it, didn’t I? …shee!t…lol Sold some MSTR as well today in the after hours. It gave a tiny polite pop this time to let us get some out 😊 I’ll dca fully back in inside a week or two. Bitcoin chart…same range, but I trimmed some this time at 63. I...
A small 1h timeframe that seems to suit the current narrative. Possible low tomorrow. Fractal is from Aug 28 to Sept 12. I think ultimately we end up 565 Oct 3rd and 560 by the 8th. I have 565 strike puts from a couple days ago. I’m not so sure on the lighter green fractal at 550 or so. That’s a longer shot. Be well. MR
Ok, so this is a less chaotic version of the same Bitcoin chart I posted a month or so ago. The high around March is still my target zone. This version of the chart is for all of us Cup and Handle folks…of which I am often one…especially now that the price of BTC can be heavily influenced by the few. Please look at that volume from 2022 to 2023 in the gray box I...
I’ve been scanning for large short interest positions on small and mid-cap stocks this weekend. A few have raised eyebrows (and I will list them below…FYI) but this DBI (Designer Brands Inc.) has really prompted me to lay some research out with the intent to go long on Monday pre-market. It’s a wild/poor chart for sure with an overall downward trajectory since...
I thought this was a pretty chart. Look at that flow into a big CPI announcement lol...that's perfect! MMkr's did their job the world over. Tokyo split it, London split it, US split it. Time for someone to make a move...;) I think the nations that haven't reduced interest rates yet are going to see their markets pop the best. I also think Japan's Nikkei is going...
Another cluttered chart to publish. I put all this information on a chart for my reference… I like a lot of reference😊 I realize it can look chaotic to some, so I will explain my train of thought the best I can. Most of you will know this already. Purple rectangles represent gaps in the chart. The ones not closed yet are labelled with when I think they will be...
10,00 foot level look here at Bitcoin. As much as I want a 130-180k BTC I don’t really see it playing out that way just yet. I will have sold in waves (and have been) as we approach 110k. At 110k I will have only a small portion of BTC and other crypto holdings as runners. Some of the math I have run does see 116k at the peak, some 133k when I take BTC price...
The chart makes sense to me. There is more data out of field, but the point is there.
See the dragon now?...lol. I drew that for fun...I hope you get a kick out of it. Still a bad dragon. I lost on this one while playing the small caps earnings pop play I've been doing the last few weeks. I am 8 for 12 now in the black on small cap pre-earnings buys. I'll take that percentage all year. My AIT buy is in from today and I'll see how it progresses...
Playing same game as described in earlier AIT idea. Starting to buy in today and will sell tomorrow after earnings. Estimates don't seem out of line with financials. Expecting a 6%-9% bump for the trade. Might even buy back in after September and hold for 6 months.
I did remember to get this one before earnings tomorrow morning. EPS estimate is as high as I am...but I'll start selling tomorrow morning if/once we hit 6%
I had this on my list and did not enter until after market. I forgot to during the day to be honest. My entry is almost $22. If I get 6% tomorrow by brunch I'm out.
But I don't often get rekt for premature...so, I made my entry. Possible 6 month play. I'll wait for earnings and market macro to see if I hold.