ProfitHarvest

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Mostly reference purposes here. What an epic setup. Buy Signals: 1. RSI flipping from buy to sell on the 1D and 4H and holding closely to the sell dashed line in the 4H or 30M 2. OBV trend change, up or down in the 1D or 4H overall but here the 1H and 30M will give quicker signals of the trend change 3. 1D VPT as RSI flipping from buy to sell and 4h holding...

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Was inspired by @cryptocarlsontrading who made a very compelling 1W short case here: www.tradingview.com Wanted to build on that with my own 1W breakdown. As a swing trader sometimes I get caught too much in my 4h world and it can be very instructive to zoom out and see the bigger picture. After doing this exercise, I'm even more convinced of the coming June...

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Alrighty, long term I'm looking to build some kind of SMA trend and volume analysis model that could provide useful signals based on the angle of the trend lines and the POC and this is the start. Like if you wish to support my work! 10 & 50 moving in parallel about ~7 degrees below the 200. 100 moving ~15 degrees below the 200. POC is converging beautifully...

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Good luck Germany! You're not gonna escape the global market gravity, sorry.

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My original SPX idea still holding beautifully. This thing is wound up beyond belief! Don't expect the market to crash next week but the slide should begin and if all these trend channels hold for another 10 candles (I'm on the 4h), then it's definitely going down the first and second week of June. Get your shorts in this week!

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I missed this guy when I jumped on MRNA and INO earlier this week. Just trying to pin this one down a bit, coronavirus stocks are wild and fun :). For FOMO stocks, typical support and resistance horizontal lines aren't as predictive and you should instead look to the Volume Profile. Support should be right around the POC, which is $40. It should slide down to...

ProfitHarvest Updated 

Hangin on by it's fingernails right now. Not even all the hype today could save them. I haven't been trading very long but I'm guessing the 10, 50, 100, 200 SMAs all running simultaneously into a giant wedge pattern where the price just broke below channel support and is barely clinging to long term support is spectacularly bearish. Bust out the popcorn...

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My first SPCE idea is holding up great so far, still heading to $12 here, so wanted to dive in and pick out some nuance. Check out those RSI and MACD trends, I wouldn't buy until we clearly breakout of these. Slide should continue. Ideally we'd touch the RSI 30 and have one more MACD lower bound retest before buying. Lets hope for some good luck here! The...

ProfitHarvest Updated 

CGC made some nice moves and unfortunately didn't stick to the downward trend I was hoping for. Added in some new resistance lines here. The timing here is crazy, trying to thread a damn needle through this craziness haha. As much as I wanted to get in before it broke the $17.50 resistance, I held off because I expect the overall market to collapse down next...

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Went back to the drawing board a bit and I'm gonna call this as the rough CGC peak. The POC (white line) for the year is too far away, the RSI and VPT as RSI are both screaming sell, the MACD is near highs and seems to be running out of steam, the long sting of positive Volume bars can't maintain without more fuel. Despite all this I think we'll be lucky just to...

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Everything was right on track with ACB price marching steadily down as expected for a great buying opp pre-CGC earnings and then BOOM! Stock popped up from $12 to $17, I sold off another 20% chunk (again catching the top of a 2nd peak on this swing here (just couldn't resist banking more 3x profits on this swing) because the high industry gravity and ensuing...

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I laid out all the details in part 1: But let me repeat my disclaimer: This is a very complex and volatile investment and should not be traded.

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SPXU is a very complex financial instrument and you should never trade this. It goes up when the market goes down. It resets everyday, unlike the VIX which functions more like a traditional stock. Honestly I don't even know how to chart this thing as it seems to function similar to a logarithmic scale but man look at that upside! There's barely any details on...

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I expect that the TVIX will break the $245 resistance line early June and skyrocket in a similar pattern as March. Maybe not as high but it could be. It will break $400 sometime in the next month. Anything under that resistance is good value. Amazing value now if you have the guts!

ProfitHarvest Updated 

Looks like a triple top short setup. Fundamentals point to a small crash in June and that will likely trigger programmatic selloffs that crash this beast. Institutional investors are expecting a crash by a wide margin while retail investors are FOMOing at the mouth. We won't be back here for another year at least. Green lines are support but decent chance it'll...

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Nothing too serious here, just an observer on this one. One of my biggest regrets, I pumped money into INO instead of MRNA when they were both cheap when the smart play was covering the field. Noob move... alas, there's always another stock to chase. Anyway, here's a decent stock architecture for anyone playing this. Basically I'm just hoping it dips super low...

ProfitHarvest Updated 

FOMO got the best of of the market again. Was a beautiful setup. I loaded up on ACB the 5 days leading up to earnings because it was beautifully positioned at insane value and because almost any shred of good news was almost sure to make this stock pop. Bought @$6.22, sold ~20% @$10.62 yesterday and another ~20% @ $18.56 today. Will sell another ~20% if it...

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CGC is a much higher quality company with much better fundamentals than ACB, which just popped 200% on earnings last week. CGC is better priced than ACB already though so if earnings show any life at all, I'm expecting more along the lines of a 50-100% increase maxing out around $26. Great sell starting at $22 for an earnings swing trade. If earnings are...