While the consolidation phase persists, the pattern still holds. A couple of years I published this idea. A few people noticed and I hope they made good $$$. Here is my latest prediction.
First off, please note that this is not a good investment instrument. The leverage, and management fee, and volatility are just not for value investment. You need to buy it at the absolute low to profit. Anyone to buy this EFT need to be very cautious. Secondly, using an options strategy may help, but the liquidity is a big concern. You pretty much see a loss at...
Please see my previous analyses in the related ideas field. They pretty much nailed it at an 85% accuracy rate. The thesis is very simple. SBLK often performs four trending sessions between ERs . This pattern has persisted since early 2020. It often breaks up or down when seeing an unusual vol. The MACD always gives out hints about the trend. So the trading...
I had successfully predicted the trends. See I don't know if the pattern will be the same this season but there is no reason it will not. Therefore, here is my strategy for this season after it hit my target. I exited 80% of my holding of this company stock to take profit. I used the (costless) collar option strategy to protect my shares (April, $26/$29...
My take: Up after ER, PT $261. That will be a good exiting point if need to adjust a portfolio %. Then if nothing or bad events happen, it will fall back to $245 around 4 weeks after topping PT. May fall further to if ER is not optimal or other economic events (very likely, such as interest rate hike). Then that will be a good chance to make up % in a portfolio...
The pattern seems consistent but is slightly shifted due to the dividend. Now is perhaps the down-trending period before ER/D. I actually don't think the result ER will be highly correlated to the trend although it gives a hint to the overall direction. BTW, I believe the ER will be super good, but the market reaction will be whether the company has plans to...