roycejakob

roycejakob Mar 4

Why is it that broken lines of resistance being used as new support (works vice-versa as well)? Because it works virtually every time! 😏🏆💯 We had sizable 3/21 NASDAQ:HOOD puts in the WAVE$ Portfolio for the past week, and early this morning we locked-in a 4X profit. 🙏🏼🔒💸 We then used those put-profits to shark up some more NYSE:UBER and NASDAQ:RIOT call...

roycejakob Mar 4

Short and sweet, you guys know this is my favorite technical setup in the trading game!🔥🥇😎 I think that Bitcoin CRYPTOCAP:BTC bounces to re-test that line of broken support as new resistance (blue trend line) within the next 24-48 hours. If we can break above that post-"strategic crypto reserve" high, then we're off to the races.💥📈🏁 I'm stoked that we sharked...

roycejakob Mar 1

Riot Platforms NASDAQ:RIOT is a stock that I've held common shares of since 2017, and as of now, it's also the largest call options position in the WAVE$ Portfolio. 🔥🥇 I think that NASDAQ:RIOT will re-test that line of broken support as new resistance (orange) by the 21st of March. My money is where my mouth is. 💰🎯 The macro economic backdrop favors ...

roycejakob Mar 1

The macro economic backdrop favors Bitcoin CRYPTOCAP:BTC far more than equities at the moment (in my view), and this promising short term technical setup should solidify a bullish open for CRYPTOCAP:BTC mining stocks come Monday.⚡️🙆🏻‍♂️📈 February was a historic month at WAVE$ Cap, and I think that miners like NASDAQ:RIOT and NASDAQ:MARA could lead to some...

roycejakob Feb 20

As I always say... My favorite technical play in the trading game!🥇Spooky how accurate those broken trend lines can be, right? NASDAQ:PLTR near-perfectly utilized that line of broken resistance as new support (yellow)! P.S. I have an in-depth Trader Tips video discussing this on YT as well. 👻🎯 NASDAQ:PLTR ended the day around -5% following that -12% plummet...

roycejakob Feb 15

NASDAQ:SOUN tanked today because Nvidia disclosed that they were no longer invested, and NASDAQ:APLD is rocketing higher for the exact opposite reason. Nvidia is still invested in Applied Digital, and in my view, that's VERY bullish. The stars are finally aligning again for $APLD! ⭐️⭐️⭐️ And now, we've got the bullish technicals to match the bullish...

roycejakob Feb 15

I always say that "I'm a trader, not a fortune teller", but sheesh, I'm feeling a little magical after this one...🔮🧙🏼‍♂️🪄 The biggest gains come when you go against the grain. We did exactly that yesterday, and we've being kindly rewarded for it this morning. A bit of luck was definitely involved, but hey, I wouldn't call it luck considering we almost perfectly...

roycejakob Jan 31

The fundamental bull case for NYSE:UBER is strong as they approach earnings on February 5th, and personally, I'm betting (with call options) on a beat! 💪🏼💸🏆 If NYSE:UBER manages to impress as I believe they will, then I expect to see $77 in the week that follows. If they really provide some solid results, then I think that we could see a rally up to the lines...

roycejakob Jan 31

NYSE:PM - ZYN is clearly going nowhere but up, and that's the evil beauty of nicotine/ addiction. Once ya start, ya don't (typically) stop. Philip Morris announces earnings on February 6th, and I think they BLOW analyst expectations out of the water. 😮‍💨💸🏆 Technically, NYSE:PM is on the verge of breaking above this line of medium term resistance, and once/ if...

roycejakob Jan 31

CRYPTOCAP:BTC , simple, sweet. I feel like this one is pretty self-explanatory. Should provide some good buying opportunities for names like NASDAQ:RIOT and NASDAQ:COIN in the week ahead! 📉💥🐋

roycejakob Jan 30

We all know that the fundamental momentum behind the A.I. sector has been broken (at least for the moment) with this whole DeepSeek debacle, and in my view, this NASDAQ:SOUN chart has the bearish characteristics to match. 🐶🐋📉 We've got head and shoulders patterns upon head and shoulders patterns! I think that this short term H&S takes NASDAQ:SOUN to $12.50 in...

roycejakob Jan 28

Altria NYSE:MO is trading at a P/E ratio of 9 right now, which is pretty crazy. Tech sectors overall are also showing signs of extreme uncertainty, which furthers the fundamental argument for value stocks like NYSE:MO and NYSE:PM as they approach earnings. 🔥🛡💎 If Altria provides a solid report on Thursday morning (pre-market), then I think this inverse...

roycejakob Jan 25

History doesn't always repeat itself, but it does tend to rhyme! The stars are aligning for Bitcoin CRYPTOCAP:BTC , and if the Crypto King officially enters the next WAVE of this bull market cycle, then I wouldn't be surprised to see NASDAQ:RIOT rally +120% in the month(s) ahead. We've seen it before... There's no reason we couldn't see it again! 😏🔮🚀 Also, I...

roycejakob Jan 25

If, and this is a BIG if, Unity Software can impress with their earnings report on January 30th (which I'm personally betting on) then I think that NYSE:U can make it's way up to the line of "conservative" resistance on this ascending channel by mid-February ($30+). 💸🏆📈 Also, I recently posted a video on YouTube discussing NYSE:U and why I'm bullish on it in...

roycejakob Jan 22

The fundamentals are strong, and the technicals are setting up beautifully. NASDAQ:APLD has just broken above that line of "absolute" medium term resistance, while also preparing to break out from this bullish short term ascending channel pattern.💥🚀 I'm glad that we have plenty of call options on deck over at WAVE$ Capital! I think that NASDAQ:APLD could be...

roycejakob Jul 17, 2024

The Nasdaq100 NASDAQ:QQQ is having its worst day in months. We've known that a significant correction in BIG tech (The Mag-7) was coming. We didn't time it perfectly, but we timed it pretty darn well, and now, we're reaping the lucrative rewards of being RIGHT! Our 7/19 $77 NASDAQ:TQQQ put options nearly 7X'd this morning. I never "like" trading contracts...

roycejakob Jul 17, 2024

Nvidia NASDAQ:NVDA , the A.I. Behemoth, and darling of the 2024 hype-cycle... POP! With this -6% fall, NVDA has broken below that line of short term support. In my mind, this break has just solidified the 2nd WAVE to the downside. I believe we'll experience some support around NVDA's 50-day moving average (-2.7%), but I stand behind my thesis that Nvidia stock...

roycejakob Jun 20, 2024

The Nvidia (NVDA) fire is finally starting to cool down. Some (myself included) may even say that these are the early signs of the "bubble" beginning to "pop". I don't doubt the fact that Nvidia is an amazing company, and that they're providing the "picks and shovels" for the next wave of the technological revolution. What I do doubt is the valuation that ...