Well. Doge is at it again. Obviously yesterday's big push has me excited. I exited a swing trade after a few days +12%... but now I'm looking at getting back in (see linked idea below) but this time for a play that could take a bit longer to finish. Here's why I'm looking at getting back in: Clear establishment of a double bottom 1, 2, and 3 day RSI...
I've been looking more at value stocks (high cash flow & strong dividends)... and Kroger caught my eye. LOOK AT THAT W!! Granted we are looking at 1 week candles over YEARS... but... I'd look at this as a buying into a long term play at the right time. August 2012 started a massive 3.5 year bull run Start of 2016 we see the beginning of a major...
To be clear, this is a chart for PLTR but the general conversation could apply to any swing trade. Also, I'm not looking for advice on my PLTR play, just curious to hear other peoples perspectives and strategies. My double bottom PLTR play is looking like it could be heading in the right direction (still couldn't fall apart...). If the price hits the...
I jumped into PLTR back in mid/late FEB when it was tanking pretty hard. I've been patiently waiting and pulled the trigger on another lower price point to decrease my DCA. After more waiting... I think we're on the precipice of greatness here with PLTR. Most of my points are called out above. Some additional notes here. 2 day candles show a LONG...
I know SNDL is still living in Reddit/Meme territory, but there are also some very solid technical analysis (TA) indicators that could mean we're in for another push. Chart above has call outs for major points of consideration, but will recap here as well: Each push that SNDL has made, comes back to the .618 retracement line (which is a pretty sizable pull...
Full disclosure, I bought YFI at $42,900... and am desperately needing a recovery. So I *might* have a slight bias towards seeing a push here... BUT... regardless... I think there are some strong bullish signs in the coming week for YFI. Lots called out in the graph above so some additional thoughts below to supplement the graph: There have been other...
As an ADA holder, and someone who is general long on Cardano... I have loved the CB Pro hype. But I'm also worried that it's only going to delay the inevitable pull back from this last major run. Let's break down the 1 week candles. PAST The run that started last March (2020) ended in ADA being overbought for 77 days. As expected with an overbought...
I'm not sure what it is about Doge. But I can't seem to stay away. My first Doge buy ended badly, I sold my second for a profit, and I might be eyeing my third. I asked some friends to convince me that this is not bullish. Bullish indicators: Bullish momentum into the top resistance line Forming a bullish pennant Possible "gotchas"... There are...
I took a big step back from Cardano today... and now I'm worried. Cardano went on a big run starting back in March 2020. That run established a pretty solid resistance line. Eventually, ADA bounced off of that line back to the FIb .382 retracement line. Recently, ADA made contact with that same resistance line again, rejected pretty hard, and has been...