bhowe

bhowe

I believe GDX is on day 4 of the new 2nd DC. This should run above the previous high.

bhowe

Bitcoin usually moves in 60 day cycles. I think we just saw the end of the last cycle early on day 45. I believe we have day 5 of the new cycle. Friday, Trump will address Bitcoin further, which could pump it higher. I've entered positions in BITB< MSTR< MSTY

bhowe

These are tough times right now for stocks. I do like MRX here off the 50sma. It looks like the 50 is acting as support. Earnings were premarket and It looks to be moving higher. I'll take a position. This is a low beta stock so volatility should be low.

bhowe

Bought SOFI here as the moving averages are crossing higher. SOFI looks to have started a new cycle. Continues trending higher

bhowe

QBTS looks great here, moving slowly up the 50sma. Now there is a golden cross and the other MAs have joined in as support. I think QBtS has double digit gains from here. If Im wrong a stop can be set kust below the 50sma.

bhowe

I orginally thought we had a bear flag AB=CD pattern with a target of $84k bitcoin (red dotted lines). I know lean toward the H&S pattern with a lower target of around $75k. the fed was authorized to sell $5.5 billion dollars worth of seized bitcoin from the Silk Road seizure which may be the catalyst.

bhowe

AI Stok POET is back down to the 50sma. The previous 4 times its retraced to the 50 its gone up quite quickly to exceed previous highs. If this repeats it could surpass $6.50

bhowe Updated 

Looks like SOXL is ready to run. Notice the previous highs are now support. SOXL made a turn higher at that horizontal line. Also have a MA cross over.

bhowe

Chart of the dollar shows a Gartley pattern on the weekly time frame. ICL due in September, could time out.

bhowe

LTBR is breaking higher this morning. Im buying here as its above the supporting moving averages and starting an uptrend.

bhowe

Im buying CENX here as it breaks above the supporting moving averages. It gapped higher, then closed the gap. Aluminum company CENX is a nice inflationary play.

bhowe

CLSK looks to be breaking out of long consolidation. Looking for higher prices in the days ahead. Watch out for earnings on the 9th

bhowe

OPTT looks like a break out buy to me here.

bhowe

CBAT is currently getting ready to break out of this bullish wedge pattern. This is the same pattern that I mentioned with PLTR and look how well that turned out. Stay in this one, or grab a position here before lift off.

bhowe Updated 

I'm still in PLTR . This relatively new IPO has been performing as expected. Good gains so far, so what now. Is it time to sell? I don't think so, I see this as a buy if you missed getting in early. It looks like a consolidation pennant starting to break out. I see this stock as a long term hold anyway, so timing isn't as critical.

bhowe Updated 

FHTX could go for a run after this consolidation. Last time it consolidated for 14 days. We are only on day 8 currently, but it could break higher at anytime. Looks like it ran out of sellers. Could be a good run if it breaks out of this consolidation box.

bhowe Updated 

Bought CBAT just now. The EV stocks are taking off again. Get on board.

bhowe

OSTK, looks to be breaking out of a wedge pattern. These are usually bullish.