Looks like UEC might be prepared for a big move to the upside; something to watch.
Looks like shorts might be covering here after AAP being beaten up. Long via call options.
Putting the macro picture aside, I've been bullish Yen for a while (entered here and have been holding since), and Buffett's new investments into Japanese stocks gives me more conviction in the idea. Been long since February and am adding more. Lots of technical signals showing upside despite the RSI/MACD being high, they seem strong. Momentum continues, for...
Neutral overall, but signs of both sides are showing. The reason I remain bearish *as of now* is because of an unfilled gap and reasonable technical retracement down.
After a H/S that's much more obvious on lower time-frame charts (1-4h), NVDA has hit resistance and from here, there is a massive downside opportunity if it fails. A gap that should have been filled a while ago may be filled soon.
DYOR, not a long term trade, develops consistently. Set stop losses. Take profits. Gl.
1h chart looks like BTC is losing some steam. Has been range-trading, but now below a trend-line remaining in range, it could lose support here. If so, I will open a short position, separate of my long, in order to hedge. Gl! Ignore my RSI/MACD circles - those are for the 30m time frame, sorry :)
More follow-up on BTC because I accidentally posted it on the BTC/USD Oanda pair earlier. Looks like there could be a breakout either way, on the upside would be - in my opinion - massive. However, a retracement would not be shocking whatsoever.
After tons of volatility, BTC has calmed down and been following the market relatively well. However, recently, BTC has been slacking compared to big tech stocks; in my opinion, this shows a re-thinking of BTC's fundamentals. It seems to be moving toward more of a true 'digital gold' or simple store of value rather than following the QQQ. Perhaps even in this...
Keeping an eye on this one. Interesting chart movements. Leaning toward bullish.
While I'm long NTR, I'm buying some protective puts (or perhaps selling covered calls depending on premiums). A pullback could occur if it breaks below the shoulder forming a classic h/s, but if it breaks out there's tons of room to go from here.
Looks like a pullback is coming. SPY has gone too far in my opinion. Time for puts/VIX exposure.
Scenario one plays out a inv. head and shoulders on a slant. Second scenario accounts for the actual support of the first shoulder. Take profit zones are used for scale-out or re-entry.