amateur_trad3r

amateur_trad3r Updated 

I see heavy congestion in the price of platinum. It is closing a wedge that began at the end of October last year. It peaked in mid-February and has been falling ever since. The correction may be close and we will see a continuation, remembering that it is still far from its all-time highs.

amateur_trad3r

Long-term bond yields will continue to rise in response to higher inflation expectations. Therefore, instruments like TTT, TMV and TBT have ample room to continue rising (you can see the positive correlation between the two). In addition, all 3 appear in the portfolio of Scion Asset Management, owned by Michael Burry. I simply do not subscribe to the idea that he...

amateur_trad3r

The USDMXN is trading close to a very solid support near the 200 EMA in weekly candle. It has been bouncing since November last year from that same support. The last time it broke the 200 ema was in May 2013; in February of last year it reacted strongly when it touched it. From my perspective, an upward rebound is more likely than a break of the support, which...

amateur_trad3r

Wait for it to hit 13,800 points to consider going short, then wait for it to drop around 13,600-13550 to go long, I see a return to 14,000 points likely.

amateur_trad3r

If it surpasses the resistance at $13 and breaks out, it would have a clear path to $20. In the long run it still has room to climb. To be worth it, I recommend going with leverage. At the current price, a tight stop loss is relatively "safe" as I don't see it falling further. NYSE:GE

amateur_trad3r

I intuitively see this, a retracement to 13,300 points and then back to 13,800. CURRENCYCOM:US100

amateur_trad3r

It has an extremely strong support level around one dollar and huge, huge potential for growth. Although it continues to have problems to be profitable (in net terms), I consider that its fleet, its geographical distribution, its orientation towards "ECO" tankers, its continuous increase in income and assets, make it a strong competitor in the sector. Among...

amateur_trad3r

Oil companies still have room to continue rising and continue the trend that began at the end of October last year. After they reached a peak as of March, they have been on hiatus, but this, from my perspective, will not last long and we will see a continuation of the trend soon. Likewise, I see it likely that oil prices will continue to rise in the following...

amateur_trad3r

So we have synchronized movements between long-term treasury yields (5, 10 and 30 years) and cyclicals (airlines, oil companies, carmakers, cruise lines, etc.) regardless of the fundamentals. If these yields are expected to continue increasing in response to a higher rate of inflation, a continuation of the trend in cyclicals would also be expected. The peak of...

amateur_trad3r

After having risen more than 700% in one year, the stock fell dramatically and has been fluctuating in the same range around $ 37-40 for some time. Appealing to the fact that it has respected the support, that it left a huge gap and that it maintains a good fundamental (in terms of growth, income, subscriptions and services), it could easily be another phase of...

amateur_trad3r

If inflation is given and interest rates do not rise, expect negative real rates on long-term bonds. If inflation rises faster than the possible rate hike, expect negative real rates on long-term bonds. If real rates on long-term bonds fall, expect a rise in inverse ETFs like this one. They have been one of Burry's bets to protect himself from the inflationary...

amateur_trad3r

Cheap prices, wait for the rebound.

amateur_trad3r

It has support at $ 25. Resistances at 30, 35 and maximum 40. Still far from its all-time highs. It has to go up a bit more, it seems to me a good entry point. NYSE:NCLH

amateur_trad3r

A market capitalization similar to what it had in January 2020 despite growth, a greater presence of e-commerce and good future prospects in various sectors. In trading area according to the volume profile since October of last year. In long-term uptrend. It is closing a triangle, from my perspective it would be close to looking for a breakout. MACD hitting...

amateur_trad3r

It reached what appears to be a bottom on March 15. It is almost 80% below its all-time high of January 2018. The awesome oscillator is on the downside, heralding a possible reversal. Although last year its profits fell compared to 2019, the trend is still upward, that is, it is becoming more profitable, with 2020 being an exception. It is one of the largest...

amateur_trad3r Updated 

It has been bouncing off the same support level for a long time and is reasonably priced. It intends to invest heavily in 5G technology, recently announcing a collaboration with AT&T and Verizon for wireless connection services. Maintains positive operating margins. It is a partner company of the World Economic Forum (together with Big Tech, pharmaceutical...

amateur_trad3r Updated 

Its exponential moving averages are completely congested, it will soon be looking for a way out in some direction. It has a descending volume, which can make it more sensitive to any sudden movement. Anything can happen with this stock. If it goes up, I think it would go to at least $350 and if it goes down, it may drop to $100. In the last 2 occasions the...

amateur_trad3r

It is touching its 55 EMA on a daily candle timeframe. It is at a point that served as resistance on February 8 and which subsequently functioned as support on 2 occasions, so it could be considered a strong reaction zone. It has been in an uptrend since November 2 of last year, a continuation could serve to send prices to new all-time highs. The money flow...