Safe_Trades

Safe_Trades Updated 

SQUEEZE CONFIRMATION: TTM showing 4 red dots (last 5 days) BB-KC compression backing this up Rock bottom volatility Volume heavily declined since NVDA's CEO quantum computing news selloff. CURRENT TECHNICALS: - Neutral ADX/DI readings - Strong EMA resistance (14/21) - MACD showing no direction - RSI flat at midpoint - Price coiled tight under EMAs - Extremely...

Safe_Trades

Clear squeeze setup forming at ATH after massive post-earnings momentum. Volume steadily declining over 5 days with significant volatility contraction. BB-KC squeeze (green bands compressing within Keltner) typically precedes major directional move. Bearish thesis: - Overbought conditions - Volume decline - Multiple timeframe squeeze potential - Rich...

Safe_Trades

$TWTR about to touch the long term trendline. RSI and stochastic getting oversold. Seems like a good place to start a position or add more. You can also sell a put here for nice premium. Safe trades! Share the love: A simple click on the like button goes a long ways. Follow for more: If you want the best entry/exits just follow me, you won't...

Safe_Trades

Hello dear padawans. Short and sweet analysis on Invitae: $NVTA on long term support. It is also oversold. Given the lower shadow of current candle investors have strong appetite for current prices On the flip side one could venture reading the long term formation as a head and shoulders pattern. If you are a long term investor, buying here is a no brainer...

Safe_Trades

We need to break and hold above that resistance to continue the rally. A rejection here could trigger a selloff. Safe trades! Follow for more: If you want the best entry/exits just follow me, you won't regret. Thanks a lot! ***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***

Safe_Trades

Hello dear padawans and fellow traders. I couldn't find a single indicator that would give me hope of a recovery from the recent drop. We are at support at the moment (~37k) but with the amount of bearish indicators on the chart I would be surprised if we don't revisit at least the 33-34k lows in the coming days. Notice that a bearish cross of the stochastic in...

Safe_Trades

Hello fellow traders and padawans. Even after mr. meme changing his profile pic on twitter to the doge coin $DOGE didn't react. That's great to see. This guy is a troll. IMO he is causing more damage than good to crypto in the past couple of months. In any case, if the H&S is confirmed I am looking into entering a position for a swing trade (don't hold this...

Safe_Trades

Analysis on the chart. Good luck and safe trades! ===If you get anything out of this analysis, please hit the like button and/or follow for updates and new publications.=== ***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***

Safe_Trades Updated 

Hello fellow traders and crypto padawans. The analysis is on the chart so I will spare you guys from redundancy here. All I hear on twitter is people talking about how bitcoin will reach 85k by next week. I would really hope so as I own some myself. Is it possible in the current scenario? Well, I think BTC has proven over and over again that it is capable of large...

Safe_Trades Updated 

Hello fellow traders. Most of my analysis is in the chart this time. Just to summarize, I see some indecision in BTC here. There are mixed signals although most are bullish. I feel we have tested the current resistance too many times for my taste (look at shorter time frames: 1hr and 4hr). The longer we test it the stronger it gets. We need to breakout of it soon...

Safe_Trades Updated 

Hello fellow traders and dear padawans. The equities market has been hit very hard the past 3 weeks or so, specially growth stocks. I think it is important to address what is happening behind the scenes that caused the selloff in the equities market so that many of you can better understand what is going on. This is a very basic explanation of macroeconomics and...

Safe_Trades Updated 

Hello fellow traders. This is a quick and dirty analysis to catch the moment. BNGO has been taking a hard hit on this pullback. It is about to test the 50ema as support. Look for a bounce to place a trade. If that support doesn't hold, you may look to enter on the support of the 0 fib retracement level, where it bounced from on last week's selloff. Safe trades...

Safe_Trades Updated 

Hello traders. Let's get right into it: PLTR has tested the $23-$25 support range multiple times the past few months (about 12) . That level was tested 6 times the past 10 days or so. So far it has been holding like a champ. For that reason I think this is a relatively safe place to start a trade because if that level holds we will most likely see some upside...

Safe_Trades Updated 

Republishing after removing link Hello fellow traders. The past couple of weeks have been very volatile but I don't think we are heading to a bear market. That said, a lot of growths stocks were beaten down pretty hard already. EV stocks are taking a hard hit but if we look at the broader picture I think this is a good opportunity to start a position or add to...

Safe_Trades Updated 

Hello fellow traders. The past couple of weeks have been very volatile but I don't think we are heading to a bear market. That said, a lot of growths stocks were beaten down pretty hard already. EV stocks are taking a hard hit but if we look at the broader picture I think this is a good opportunity to start a position or add to if you are already in. One of such...

Safe_Trades Updated 

Hello fellow traders. We are experiencing a respectable pullback on many names these past few days. CRISPR is one of them. This stock has actually been in correction for sometime now, which picked up pace after disappointing earnings last week. We may see more downside in the short term if the market continues the selloff but this company is definitely a buy in my...

Safe_Trades

Hello fellow traders. TSLA saw a drop of 12% from ATH the past three weeks. It looks weak here after being rejected twice at the 21ema. RSI moved below 50, and MACD is approaching the 0 level quite fast. Additionally, ADX crossed below 20 and -DI crossed above +DI. Momentum is not in favor of TSLA for sure. Another bearish sign is that the 14ema is about to cross...

Safe_Trades

Hello my dear padawans of the crypto markets. I recently published an idea about LTC where I wrote why I think this is the year crypto finally starts taking the place it deserves in the mainstream financial world. Please check the link below if you are interested in that read. Here I just wanted to talk about the broad picture for ETH. As you can see from the...