Shauns_Trading
It's always a good idea to sell an asset when reddit and youtube adverts start popping up telling you to buy. Here we see gold, which is knocking back on the door of tis all time high. We also see a divergence in RSI, a MACD divergence and, from my view, this is the distribution popint. Unfortunately I didn't buy any, but on the first Red Heiken Ashi candle I'm shorting!
Platinum currently is nearly the cheapest it has been relative to Gold in the last 23 years. Just a quick look at the spread... Gold may drop more relative to platinum, resulting in a regression to the mean. So Platinum doesn't have to go up for this to change. Platinum may have demand in hydrogen fuel cells, so potentially a good future investment idea. It is a...
Here we see a great trading pair, the Vanguard FTSE 250 (VMID) which is very steeply discounted, and the IShares Silver ETF (SSLN). The only other time VMID was this cheap relative to SSLN was the 2020 crash. I've sold my Silver on this spike, and am tentatively buying VMID. I'm aware another Black Swan event and recession may be upon us soon, so I'm keeping...
A lot of announcements coming Wednesday the 12th, this coincides with what I have predicted to be the top of this swing. Therefore as a reaction to the news which I assume will not be great, a drop back drown to support levels. I sold out of a lot of my equities, besides my LTH, and will buy some BOND ETFS, and perhaps Silver and Gold ETFS, as they do look like...
Here we see BATS on the daily, there are three factors indicating the price may have found a bottom... 1) The RSI has formed a divergence, the RSI MA has hit the oversold 30 bar (which is a rarity). 2) The MACD has had a crossover, albeit in the lower half. 3) the share price has hit a key level, in it being the major resistance level prior to the breakout in...
Will BATS stay strong against IMB, or will they revert back to last decade's spread ranges? LTH could improve return buy swinging between the two with some of holdings. Not financial advice!
It's amazing what looking on a larger time frame does, my long FRES position looks like a bad idea, and almost a mirror of what happened not so long ago. A brief bounce off of 800p and a big sell of after. Of course nothing is certain, but I'm revising my exit strategy so to speak (hopefully 860). NOT FINANCIAL ADVICE!!!
Despite a high P/E this is a good pullback on an ascending channel, with MACD and RSI confirming the long buy. I have purchased at 8.27, 1hr puts most recent swing low in at a tight 8.17, lets see if I can sell at 9.17.
Will GSK hold this line? The ex div date is fast approaching, looks like a BUY on price action! My opinion only, not financial advice!
I think this is a pivotal moment in the SP. We have been in this uptrend since 2015, but now we are looking at a recession for the first time in over a decade. We have to see where price action shows support and be cautious!
I like the idea of a dividend ETF, however the yield has dropped a lot recently. I'm not sure what is to come, so sold out at £7.80 last March.
Tescos has been quite overly strong on the RSI for a goo while, but this smaller cycle should hit 243 and go back up. A good buying point!
With the economic predictions ahead, I can only see one thing happening! It's been stuck in this trend since 2012!
I think a drop to the lower yellow line is unlikely, but who really knows, the short positions are rising!
Here I look at that might happen to ITV in the next few days. Are we going to break out of this flag to the low support line again and get another good swing? Or will it break out to the top? Again my own ideas, not financial advice!
Here I look at the support for ITV at 115, and how with the dividend announcement, a more stable range of swing highs and lows are to be seen. And a possible breakout to the upside!
I'm not sure whether to short my whole position in LLOY, it looks like it's hit the bounds it's been following since 2015. Another drop to 20p looks quite likely, but it might bust out of this range considering the current "growth"/ mis reported inflation of the UK. I may sell 20% at 54p and set a buy limit at 44 and 20p for 10% each.
Here I show the specifics of what I "hope" Itv to do. If not I think it'll drop back down to 107p ish...