wildhorse3

wildhorse3

important points: entry: 461 SL: 476 TP1: 417-430 R:R: ~2.2-3.2 checklist: - bulls underwater: check. - bear market: check. - stock floating near resistance: check. - bearish engulfing w/ low volume days: check. - fundamentals shitty: check.

wildhorse3

- XLP sector overextended - SFM overextended - Decreasing green volume - Multiple inverted hammer high vol green daily candles - Possibly the right shoulder - Any close above 163 is worthy of looking twice to get out - SL: 170. - TP1: 135-136. - TP2: 83-85.

wildhorse3

- NASDAQ bearish - PLTR overvalued. - PLTR broke recent supports. - Downside reward >> upside risk. - TP1: 66, TP2(if you're feeling lucky): 42. - SL: 98. - R:/R: 1.76 to 3.95 - Note: graph has a 3 day timeframe as bigboi PLTR here likes to be a loud noisy fucker on the daily.

wildhorse3

Summary - See the previous idea for context: - Another realization: horizontal channels for S/R work better than diagonal ones. This doesn't mean that the latter need to be discarded altogether. - Looking back, NDX did really have desperate jumps towards the end of the bull rally. - High volume on days with large inverted hammers was a sure sign of an...

wildhorse3

- DAX in an uptrend. - US carmakers shunned in EU. - Porsche can't fall further, has literally zero ground clearance currently. - Solid base forming between €50 and €56. - Cheap long date OTM call options have the highest risk/reward.

wildhorse3

HENSOLDT AG ( HAG ) continues to respect its long-term ascending channel, with price action now testing multi-year resistance. Heightened geopolitical tensions, particularly between the US, EU, and Russia, coincide with recent upward momentum. Historically, international conflicts have bolstered defence equities, and the current macro backdrop remains consistent...

wildhorse3

context I prefer trading individual stocks to indices because indices behave in a counterintuitive way. they work well with reversion-to-the-mean strategies as they happen to represent an aggregate picture, and that is what aggregates do. opinion indices are amazing at pointing out consolidation and expansion phases. they do this naturally as stocks move in...

wildhorse3

- bearish sentiment in Europe - overextended rally on the monthly chart - decreasing volume on the monthly chart - crappy fundamentals - clean bounce off resistance on the monthly, weekly and daily (log) charts happy raiding!