frugaltrading

frugaltrading

NASDAQ:ATVI Earnings seemed to provide a good entry point for this bullish setup. Above $50 there is a big gap that should be filled soon IMO. This would be one that i would keep an eye on and enter possible buys/calls after a daily close above that $50-51 level.

frugaltrading

NYSE:SPOT has been forming a massive wedge and it just barely held the bottom today of it today. I am looking for this wedge to break upwards with first target around 150. If it ends up breaking down, look for support around $120

frugaltrading Updated 

TSLA has been in a falling wedge pattern here and has reached the green buy zone. I am looking to buy mid-term calls soon. Buying after a wedge break would be safest move, but a buy here with a stop in the 240s could be a nice trade. Previous PA in the green box has caused a nice upwards move. My first published trade, would like to sell in 320s-370s

frugaltrading

BITSTAMP:BTCUSD It looks like price action is very similar to May 2014 when bitcoin rose up to previous resistance only to fall hard. With this outlook, we still have at least another year or two before bitcoin is ready to see new highs and we could see a longer accumulation zone under the lows from this year. I don’t think the accumulation zone will last as long...

frugaltrading Updated 

ENJ BINANCE:ENJBTC has had all the hype with the confirmed samsung wallet a few weeks ago. Now I would like to see a run up to 4500 area. Stop at 3100-3200. If this level is broken, i’m not interested in buying back until around 2200.