phuntsok

phuntsok

Had a good run up close to 10, healthy pullback especially given market conditions. Lots of instutional buyers bought at these prices and under. Classic structure shift into a sweep. Should be over 10 EOD Tuesday. Extremely bullish crypto over a holiday weekend as well. Not sure why bears so concerned about a 1-2% dilution. It's not all at once either. A close...

phuntsok Updated 

On the idea that during sharp drops or gains, as long as its above/below 25% of the leading candle. A trade can be made to the next liquidity point. With a stoploss between 50-70%. Market tends to extend in the direction closed the previous day and retrace highs/lows. Since yesterday was deep red, we can expect some move back down to that area.

phuntsok

The last week of April printed a HL (Higher-Low) and ended with a HH that sweeps previous highs before retracing. Currently hovering over last weeks open and may see a sweep of short term lows without making a new LL overall. A new LL could mean Helium spirals lower and lower and there may be better opportunities elsewhere.

phuntsok

BTC is yet again at highs on Sunday before the trading week starts. BTC is struggling to stay above 60k. Lots of investors are beginning to take profit on the equity and commodity positions for cash. We can expect some exhaustion of the bullish market as the dollar and other currencies rise short term. bearish divergences are also beginning to form signaling...

phuntsok

Invesco Mortgage Capital (NYSE: IVR ) is a mortgage REIT with a portfolio that consists of commercial and residential mortgage-backed securities, among other assets. IVR ex-dividend date is coming up on April 8th. The weekly chart has just had its first highest weekly close since January and completed the cup and handle pattern formation. we can expect a good...

phuntsok Updated 

structure broken wait for confirmation of support at this level

phuntsok

: - )

phuntsok

structure broken wait for confirmation at key levels

phuntsok Updated 

above 1.65 is a buy

phuntsok

Buy above 7.5 Revenue acceleration increasing every quarter and likely to continue for most of the year. Lithium ion batteries are currently the best price to performance ratio batteries we can have until things like graphene batteries become more advanced or something else. With lots of interest this year in EVs and clean energy, Lithium ion battery is necessary...

phuntsok

Attempted to break into a downtrend at 1/15 but found support at 127% extension and broke back into uptrend territory. If a new lower low is printed instead we can reverse positions.

phuntsok

USDJPY looks poised to make the next leg up on the path to retest the long term downtrend.

phuntsok

If you are a large spec or commercial trader, how comfortable are you opening long positions at current valuations? Who is buying in at these prices and when will it end?