PoorMemory

PoorMemory

Unlike the SPX, the DJI didn't make a higher-high. Why is this? I think partially because it's price weighted as opposed to market cap weighted like the Nasdaq or SPX. The other part would be CPI numbers. So what's next for the DJI? I see hidden bullish divs long term and hidden bearish divs short term, this a common shake out tactic I see to liquidate longs and...

PoorMemory

I think AMD needs to cool off before it continues further, possibly tapping $160 first before a serious correction. Targets are listed at the strong support ending at $120. RSI printing bearish divergence on multiple time frames Look at the red line, look at the direction of price. It's still a downtrend.

PoorMemory

This Big Beautiful Chart or B.B.C.™ shows possible extensions for this wave, when extending into all time highs there's not a lot to go on, but the 1.618 fib extension is my go-to. Paired with RSI and trend channels you can start to get an idea of where resistance and pullbacks may be. RSI has bearish divergence so it appears we are losing investor confidence at...

PoorMemory

Looks like it may be forming a cup and handle, bearish divergence on the RSI

PoorMemory

Since I started in crypto, I've seen this play out dozens of times. If it's your first time, I suggest looking at Bitcoin or Ethereum to get a rough idea of what this cycle looks like and how to recognize it. I'm waiting for a blow off top, but I could just as easily be left in the dust. Time will tell, and my precious metals will keep me warm at night lol

PoorMemory

As spending heats up considerably with the 5 Trillion USD bill, in my opinion it looks like CAD is set to skyrocket vs the USD once again. The main driving factors include greater industrialization (worlds biggest nuclear plant, more gold/platinum production than the USA, bigger oil reserves than USA), comparatively less spending, less tariffs, expanding to other...

PoorMemory Updated 

Keep it simple stupid My favourite market acronym. There's not a lot of price history to go on, just 1 trend line and some hidden bullish divergence. Tight stop loss below the trend

PoorMemory Updated 

Let's see if the Bart pattern moves all the way down, keeping a tight stop loss below the barely holding support

PoorMemory Updated 

Simple, I use leverage and bet on bart patterns completing only. 8/10 scalp win rate

PoorMemory

Bart😭, target outlined. Must go down to go up. Cup and Handle intact

PoorMemory Updated 

If price goes below T1 I’ll be shorting to T2 and T3 as price fills gaps. As with my Bart pattern scalps, once price reaches a gap fill area it is quite reliable in direction

PoorMemory Updated 

As you can see, even the first year of a stocks price history can influence trends forever TSLA is now at a key level on a historical trend, riding a longtime trendline while being sandwiched in a strong support/resistance area since 2021. Watching for big moves that signal the S & P 500's direction in the coming month, the next price move will be volatile If...

PoorMemory

My buy zones are below, as we approach the 1.618 extension this insane wave looks like it may out of steam soon. As a best-guess approach I will wait for the 0.618 price or go look for another stock if that doesn't materialize

PoorMemory Updated 

Silver forming a C & H, entry around $32-33 hopefully there will be a pullback

PoorMemory

Now that the cup and handle formation has been reached and the correction finished, I think we have 1 more leg up. It's also possible that we fall from here, but I think another fakeout upwards is likely as bearish divergence forms on the month, but isn't quite there yet (RSI needs 1 more higher high to confirm bearish divergence) Either way, my short targets...

PoorMemory

Personally I am eyeing below 100 before taking risk

PoorMemory

NFA, this is my personal strategy. Looking to the 0.6 for the bounce with a tight SL

PoorMemory

AMD has broken out of a long downtrend, I believe there's a good opportunity for entry on the retest for a lower risk long. NFA, this is my personal strategy. On a fundamental level, AMD appears to have had a very successful GPU and 9950X3D launch gaining marketshare from nvidia and intel respectively