mperri329

mperri329

This signal is great in a bull market! If price can make a new high within 3-4 days, this will signal to me a strong bull trend.

mperri329

Looking for a correction in META ~10%. could come soon Seeing activity that resembles distribution here. Easy stop at 289

mperri329 Updated 

oh how i love my oil. few secret indicators saying buy!

mperri329

I am 100% certain on this. More certain than any trade in my life. If you were to take one trade with me... let this be it

mperri329

being bearish is more fun than bullish. Everything giving negative divergence! of course, price could continue up with support from liquidity; however, there is a possibility the debt ceiling will significantly reduce liquidity. Either way, interesting to point out all the divergences occuring right now. I'd definitely consider some longer term OTM puts right...

mperri329

he cant keep getting away with this. Jaws galore. internals of QQQ dying. NVDA pop giving a good short opportunity today. Looking to see Qs resolve sideways or lower in the coming weeks

mperri329

Did not expect that extra squeeze today ... ouch still think there is a good short here!

mperri329

ezpz all indicators firing ST short MT still long IMO LT still short IMHO

mperri329

Finally a good short set up! woohoo confluence = key 1 last squeeze has some probability so be ready for anything . . . if taking options, make sure you have time, topping process can be slow and painful Looking into AAPL and LULU for potential short as well

mperri329

-Very oversold :0 on many of my metrics. Fingers crossed for a tap of 3950, would be stellar R/R. Not sure if I will take a long before then, but definitely would rather be favoring longs over shorts at these levels. Could Take Off before 3950, but I am not interesting in entering before there. Greedy? Yes.

mperri329

Bears gotta keep their mouths shut. Wayyyyy too many people trying to short right now. Typically these spikes are only seen after a decent downturn (long than 2 days lol), but that just shows how excited everyone is to short. Spikes like this almost always lead to reversals whether it makes sense or not. I would keep a buy the dip mentality until seasonality...

mperri329

Bonds are giving us the signal that good times are on the horizon. This signal (bond equity divergence) has been my favorite signal this year, and I am hoping it continues to remain fruitful. I would not fade this indicator! Going long up here seems scary, but this gives me confidence that I didn't miss the final big move down :)

mperri329

Good time to start scaling into longer term shorts

mperri329

Just found this out and thought it was really cool. Who wouldve thought that aapl would respect a random monthly moving average so much. Definitely worth longing if we go under the 45 MA intra-month. We went under in 2008 and actually rejected from it. Sounds dreadful but that could be us in 2023 :( a strong hold over this moving average could possibly signal a...

mperri329 Updated 

Really hard to not love BABA at these levels, especially looking longer term. If US markets to continue their bearish path, I'm not sure that baba would decouple from that sell pressure; however, it should be noted we are at generational support and its worth picking up some stock or leap calls. I think we should see some significant upside from here in time.

mperri329

Buy buy buy - Cramer Hold until Thursday (would not recommend holding through earnings)

mperri329

Bulls unite! We. Must. Squeeze. Too tired to write an explanation, but super bullish if we can stay above the rising wedge. If we fall back into wedge or fall under wedge, I will revaluate!

mperri329

Wow! I certainly did not expect this, but it should be in everyones best interest to flip long for short to mid term. TLT showing signs of a potential bottom (at best a local bottom). Island bottoms are super bullish and SHOULD NOT be faded. Pick your favorite meme stocks and go all-in longs. I think this is a bigger deal than most people think, especially before...