crazywlst

crazywlst

I have been watching this formation for a couple of months. I was caught by preliminary breakouts but now it seems the true one is about to be played out. I like to buy PINS here.

crazywlst Updated 

I see three options: 1) the one I'd like to trade but too simple to be true is one the chart 2) the same beginning as the first option but target is modest (37sh) with further low searching 3) imminent slip to ATLs I'm gonna stick to 1-2 options, looking for long positioning

crazywlst

but looking to play long even though the L-T perspective for the company is grim and painful downside is the most probable scenario

crazywlst

In case a dividend gap occurs early morning I will load up the paper for 15-20% upside mov.

crazywlst

I have been patiently waiting for this formation setup. As usual, very good earnings resulted in a gap down. I will be happy to get first 10% short quickly.

crazywlst Updated 

Bet against this behemoth is always scary but pattern with a bullish trap is here and I have to jump right now. TP is somewhere near 138. Fingers crossed.

crazywlst Updated 

Nowdays, when you decide to short something you risk to be punched almost immediately. But if you believe in your patterns, just keep on trying to do a scary thing. I went short on ETH with a TP above 2700 and SL right above last leg up.

crazywlst Updated 

If you are a long term investor I hope you used the panic to top up your holdings. If you are a momentum trader you still have the opportunity to ride the bounce or accumulate your position a bit later. Possible scenario for BABA but all names have something similar is as follows. I treat that panic as an exhaustion and behavioural pattern confirms that so I...

crazywlst Updated 

If you are a long term investor I hope you used the panic to top up your holdings. If you are a momentum trader you still have the opportunity to ride the bounce or accumulate your position a bit later. Possible scenario for BIDU but all names have something similar is as follows. I treat that panic as an exhaustion and behavioural pattern confirms that so I...

crazywlst Updated 

The yellow circle is a nightmare for every trader, lots of energy has been accumulated there but the crash occurred. Considering the red circle as a bear trap and as bulls strength demonstration, we are coming to the same point and this time the chances to break up are much higher. So I am preparing to go long DAX, with SL somewhere in the middle of the channel....

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When silver broke down the huge triangle my idea was to closely look for potential bear trap. But we have been staying beyond the triangle for a long period of time and I ceased to look at it. But now chances are silver can needle back and cross the middle point of the pattern. In this case, I am going to look for patterns in minor timeframes to catch the last...

crazywlst Updated 

I published that idea before all the market went awry, I was lucky to participate in the sharp decline. But know I see the initial coverage is still valid. All the move down can be considered as bearish trap and I will go long if I see the paper snaps back into the wedge to break higher.

crazywlst Updated 

Well, we are still bounded by the previous pattern and the market fooled me yesterday making a significantly shadowed candle. Trying to adapt to the new reality, I am going to consider that as a bull trap (I was there as well). It drives me to the conclusion to short it now. But I do no exclude another fool play sequence before we see the true break. Anyway, I...

crazywlst Updated 

AAPL puzzles me a lot. So I tried to draw some options how the leg up can unfold. It seems the paper can be contained in the form of triangle or morph to wedge. But the core idea it should consolidate before initiate another leg up. For me the previous low (we had just last Friday) or 140 are the keys. The logic tells me some kind of consolidation before the...

crazywlst Updated 

Numerous traps but the last the most crucial, chances are to keep on , marching higher, it should be quick or fade.

crazywlst Updated 

An ordinary channel with a bear trap is my beloved cocktail. The only risk is looming earnings day when all the tech is downplayed by fundamentals.

crazywlst Updated 

This type of reversal is one of the best. A giant triangle means equilibrium (ok, bears were a bit stronger) but they got their star moment yesterday now the path is clean: news coverage is low, stability means low interest, lots of crowd has been fooled during the sideways. So the market has all the odds to make a killer move up. Right now it would be good to...

crazywlst Updated 

Nice triangle after a mind-blowing run. It can be played out in a classic way as a break up. The picture I personally want to see is a break down to shake all the weak hands and set up for a move higher. But I am fully prepared for the both scenarios: a) bald break up b) some kind of trapping