gumoca

gumoca Updated  Mar 1, 2024

Briefly touched $178.7 in the pre market, but needs to touch it perhaps in real trading hours. This in an important level that should hold. Or better said, must hold or $APPL may end up trading lower into the $175s. Acceptance below $175 takes it to $171 where it can find a strong buyer. The ride to $190 is full of bump, perhaps with an initial impulse buying up...

gumoca Updated  Mar 1, 2024

See that volume from yesterday 02/29/24. I think $APPL goes up into $187 and breaks the resistance into the $190s. $APPL has been a bit shy lately with little moves to the upside and just hanging in there for now. Now it is ready to move up in my opinion. $APPL will continue to carry the market into march and possibly april. trade safe.

gumoca Mar 1, 2024

This is what is happening: You have $300 and open a Coinbase account. You log in and realize BTC is too expensive at $60k. You realize you can't afford to become a whole Bitcoiner for now. Then you scroll down and see a bunch of meme coins, and you think... what if? what if this thing goes up to $1. That will most likely never happen, but these meme coins give you...

gumoca Feb 28, 2024

I think Apple is preparing to hold the market during march and april 2024. The fact that Apple has filtered the end of the EV era at Apple makes me think there was a lot of pressure inside the company's leadership to put an end to what appeared to be a non-lucrative enterprise. At least not as lucrative as manufacturing phones and computers with 50% margins,...

gumoca Aug 29, 2022

Looking at these as may be a good risk reward. Sizing right is a must. I've been wrong about TDOC in the past, but if this plays out the calls are just about 0.60 or $60 per contract. Selling the $45c can limit risk by 50%.

gumoca Aug 15, 2022

I've been following these waves in $TDOC, and I think it is primed for a pump. Kathy has been buying for the ARK funds recently and accumulating with small sizes yet consistently to put a floor on $TDOC. Using the Fib retracement from the recent top at $77.94 the stock had a nice closing last week slightly above the 23.6% fib, which perhaps could mean that the...

gumoca Nov 26, 2021

Went long on AVAX here. I think AVAX is ready for another leg and may revisit as it approaches the supply zone there aroun $132-$142. I think more stimulus may make crypto end of year push to new highs, but time will tell. In the mean time I'm long AVAX here. First targets $119, $130, $134. Note that it could be forming an inverse head and shoulders here, need a...

gumoca Nov 26, 2021

AVAX looks ready to retest that supply zone, and thinking it could follow this path. Pattern still looks strong, perhaps targeting $160 by the first week of december. Eyes on the curve.

gumoca Nov 24, 2021

I think AVAX retracement could be almost done here. More to follow, but fib almost to the tick, and now looking at that previous high for it to likely become support. More to follow.

gumoca Updated  Nov 23, 2021

I've got $220 puts for $SQ expiring in 3 weeks, I think $SQ could break here. Once it breaks $225. So far the $227.4 level is being defended with some volume but seems weak here. I think $220 can trade and even continue to fall into that tiny gap around $160 in a few more weeks. Time will tell. Size accordingly. A bear put spread play is also not a bad idea...

gumoca Nov 11, 2021

I have posted a short trading idea of ROKU a few days ago. Already took profit and flipped long at closing. $270c for next two weeks looks like a good risk reward, but always prefer to grab at least 4 weeks to avoid decay, long stock is less stressful for many as well.

gumoca Nov 8, 2021

I've been posting $ETH potential moves for a few weeks now, moving through that wedge, and finally is going to come out of it today/tomorrow and the measured move from that inverse head and shoulders is around $5,000. I think decision should be clearly to the upside given past volume/price action and solid positive momentum. We may end up having a backtest to...

gumoca Nov 5, 2021

I think $ROKU could find support around $260, but would not rule out a long term target of $100 if things get ugly. So far printed almost a perfect text book gravestone doji if it wasn't for the afternoon bounce but still I'm not convinced that a sustainable bounce is coming. MACD on the 4D and 3D chart looks divergent still and that gap is pretty telling. I see...

gumoca Nov 1, 2021

Looking for a retracement to gain energy below and then perhaps move along an inverse head and shoulders pattern to convince traders to go long, then break to all time highs.

gumoca Nov 1, 2021

ETH is traversing thought that wedge. It will take time for it to be completely out of that supply zone. It is still consolidating and gaining power for a move to $5K, and then potentially close to $6K. By Nov 10, the pattern should be cleared from the wedge and will be decision time. Remember not every pattern works 100% of the time, it could fail and drop...

gumoca Updated  Oct 31, 2021

I'm playing ENJ short term as a quick trade. Grabbed some in the retracement and with this volume activity took already my 1/3 profit. Looking above here to take a second tier profit and final take profit if it gets above 4. I think it can continue higher but I'm being conservative here.

gumoca Oct 28, 2021

DOGE/USDT looks ready to break. For some reason, they contained it here. Maybe in tonight's session as it for now seems like a false breakout. Above 0.32 should be ready to make a sizeable move to at least 0.50 then retrace perhaps and prepare for a slingshot move into 0.75 and a final move to $1.0. Let's see. I'm positioning here for the move.

gumoca Oct 28, 2021

Let's see ETH in the next couple of weeks if it manages to move past that supply zone. Seems like a zone with some turbulence. Maybe investors who bought on the hype of May 2021 just want out. Once the weak hands go, then ETH will be ready to move past $5K imo. It's a matter of time. So I'm proposing that ETH will move along the wedge from now until the first week...