I think the crypto market is still set to go bullish, but we might have one more major flush out before it can find the upward momentum it needs
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I think the crypto markets are due for a recovery, so I'm feeling bullish. I'm long on litecoin but if it breaks down we could see a good short opportunity
HRG is looking for support and is finding it at the 50 day and 20 day moving averages. This bull pullback is likely to resolve upward, but we should always anticipate the worst case scenario.
My stop loss is set at 17.92, but I don't plan on ever relying on that. If the stock shows weakness and as acting like it wants to exist below the 50, then I'll most likely...
GLD is finding support at a channel low and the 50 and 20 day moving averages. I think I'll buy a position. The solid red line shows my stop loss, the dotted red lines show places where I would consider cutting my losses. I will probably cut my losses if the blue support bar is broken.
As a trader who has been in this for a couple of weeks, I'll be looking to book profits soon. Notice my stop which is set right below today's lows. (The solid red line.)
Hey viewers. Just did a quick analysis on bonds and figured I'd publish it. Let me know if you think these are good info. I might make a habit of publishing my analyses in the future.
There's a chance of a breakout from the range I drew, but in such a case I wouldn't personally buy because the stock would be overextended. I would only play this on the short side...
