raamraj

raamraj

Beat estimate but dropped hard due to poor guidance. I believe it's a good buy at this level. Will exit trade below $70 if wrong. $120 will be the 1st profit target.

raamraj

Due for the big runup imo. Always have a downside protection when a stock is bottoming.

raamraj

I have been bullish on BTC uptrend since late June and block out all naysayers on 10k BTC predictions. With my analysis, my account has been up +17% in July with no leverage. August so far is up +7% 🤞. I still see more upside to $25600 from here and if the pullback is shallow thereafter, BTC can test $29,500. Yet, I always having my stoploss level should the...

raamraj Updated 

BTC at 20k is surely at a very oversold level and now the price has entered back into the Gaussian channel - which has a bullish advantage. So, your DCA at the current level should be relatively good. A near term reversal could be very near as the price is below major support levels and we can see BTC to mean-reverse to the next resistance level from here. It is...

raamraj Updated 

Like it here for a low risk entry we are getting now. Potential 28% upside.

raamraj Updated 

Current price action on BTC still not showing it can drop to 10k in this movement. I would prefer to stay long on this trade till my stop-loss is met. No issues as long as you understand the risk when taking a trade. I really like to see BTC capture above $24k soon. From 24k level, if the price continues to show bullish structure, then BTC can test $29k quickly. I...

raamraj

This idea is for long term hold and with strict risk management. When the price is bottoming, we can still see a lot of price volatility and shorter-term trade will be more hit and miss and also taking into consideration of a probable SEC investigation. First target will be $92. Wouldn't be surprised to see it reaching $144.

raamraj

Low risk entry we are getting in $NIO. Next week could be volatile due to FED's decision. So, this will be a trade to bet on a bullish move for the markets and if not, the stock price can turn south very quickly. I am on this trade.

raamraj

The big drop in $SNAP really pulled down great stocks and META is priced attractively right now for a swing trade. I entered my trade yesterday on the bad news of SNAP. Near term target for META will be $233 and will exit if the stock drops below $155 if they miss on their 2nd QTR earnings mid next week.

raamraj

Am extremely selective in picking stocks and $PDD can be a potential mover. $88 is next target. If the stock rollovers to $47, I will be out.

raamraj

The bears are all over on this stock and the media are saying more downside is expected. I agree but not so quick. It is possible to get a short term upthrust to shakeout and then the price eventually would return to value level. If you are already a buyer, try to trim some on any strength when that presents.

raamraj

At value zone here but at this level it can still easily drop another 50%. Would not advice anyone looking to trade this under 3-month hold period but can benefit hugely if you just "set it and forget it".

raamraj

Best to stay away if you are thinking to initiate new position. Technicals aren't looking good. I am not a short seller tho.

raamraj

Relative to gold, BTC can outperform in near term looking at the MACD hist divergence. So, I see more upside for BTC from 20k

raamraj

My Jun-3 buy position which I shared then hit my stoploss at 28k (loss I was prepared to take). Closed 1/2 position add left the other open. Re-entered again yesterday at 19k as BTC was at a very oversold level. If you still have any open BTC positions, you can do a bite-size DCA. With nearly 25 years of active trading experience under my belt and have witnessed...

raamraj

Finding support at extremely oversold level and I feel it is relatively a reasonable entry to take a trade. Altscoins were brutally targeted since early April where $GRT lost 70% of its value in such a short short span of time. I am entering the trade with small downside risk and at the same time would like to hold through the bearish period. If it starts losing...

raamraj

This is a counter trend trade with the backdrop of high inflation, global supply shortage and more unemployment pressure. Yet ARKK innovation ETF is looking attractive at this level. Cash is still king during this uncertain period so only use a small size to take advantage of deep discounts. I will exit the trade if price drops below $39 but if it doesn't, then...

raamraj

There is still a bullish case for bitcoin to rise higher. The critical hidden signal we saw was on May 31st, the price hit 32k and kissed the upper envelope of the Gaussian Channel. Reaching this far is extremely positive and many traders could have missed this. I am still holding my buy position on BTC. Next I would like to see the bulls to show up and push the...