barnabygraham

barnabygraham

The United States has seen a 63% decrease in wages vs property prices over the last 23 years.

barnabygraham

IIPR is a RIET which focuses on leasing to cannabis growers. PE at 20, dividend yield of 2% - is this a fair price? The dividend keeps increasing, more cash than debt, operating margin of 83%. A lot of dilution. Large bear flag measured move has already been met but strong bearish momentum and possible flag short term.

barnabygraham

I like to check in with potential longer term technical signals from time to time: Here, the robot is comparing the strength of AAPL to the SPY with a mean reversion formula. To be precise: the signal here is not simply a signal to go long AAPL - it is a signal to go long AAPL relative to the SPY. In other words, it is saying that AAPL has been relatively weak...

barnabygraham

ARKK is trading at an all time low relative to the QQQ. At just over halfway through the month, continued strength for the remainder would form a bullish monthly candlestick indicative of a possible reversal incoming. Relative strength in the highest risk assets would be the first sign of a market bounce or bottom.

barnabygraham

Yum! This is for those who are unaware of this business, it's an online retailer which sells cute stuff such as candles, in Australia. Check out these multiples! Unfortunately TradingView doesn't show non-US stocks financials over time, but it has good growth, in large part by the lockdown. Check it out and see if it fits your portfolio! And it has a nice...

barnabygraham

Fear and Greed Index just formed a double bottom. Yesterday's price bottom was right in the middle of: 1. The 38.2 fib retracement from bottom to top 2. The 100% fib extension from the top to the most recent swing high The wedge is only broken by a wick on the weekly chart. Anticipating a lower high being set at a highest target around the upper trend line of...

barnabygraham

HNST has never seen a monthly higher high. Breaks of these extreme trends on the monthly timeframe can be volatile intraday - the first touch of the previous month's high is day trading short opportunity, but when they break they can be very fast and cause short squeezes. I like the business and continue to build a small long term position. But there are no...

barnabygraham

Bullish: Huge revenue growth Reclaimed 500 day MA Testing to break above $100 psychological Lowest PE/PS for years (reasonable yet?) Rejection of 1 year+ Darvas box ("should" test bottom of the box at $70) Apparently no 75bps comings from J-Pow Didn't touch the lower trend line from 2019 Very bullish candle yesterday Bearish: Just looking for a daily lower high,...

barnabygraham

MSFT has had high short volume recently (even exceeding March 2020 on some days) along with strong positive divergence in money flow. Double bottom. But will it become a head and shoulders? Using 3 minute ADVP across a spectrum of money flow data.

barnabygraham

Interpreting money flow indicators is difficult as they do not give any timing signals. Even using one minute data, as you see here, the signals can take days to weeks to play out (and of course some never do). Consider adding programmatic divergence lines to your money flow indicators for potential signals, there are many free indicators on Tradingview you can...

barnabygraham

It's back at a major pivot of 38.52. If/when this eventually recovers to the bulls, it could well do it in the form of an inverse head and shoulders with multiple shoulders. How it behaves on a new longer term higher high will be telling. $35-39 is my first cautious accumulation area. Broader market will determine a lot. In my opinion we're entering a scary...

barnabygraham

Almost at the lowest price to sales ratio ever. 9 monthly lower highs. China fud and fear has gotten extreme. Munger just doubled down on BABA. I'm long with a long term outlook.

barnabygraham

Currently bouncing off $300 psychological on what could easily be a tiny third flag. Decreasing volume. I'm long. Non stop accumulation using one-minute Aggregate Volume Drift data (money flow).

barnabygraham

This trendline tap suggests it's another buy the dip. Also, the fear is at the highest point since COVID. Check out the massive rising wedge. It's not a great wedge, but it does make you wonder. This is a cautious long and with anticipation of a flush down to greatly increase the odds of a bear break of the rising wedge. Notice how RSI correlates with the fear...

barnabygraham

Aggregate Volume Drift: Pro... We're not out of the woods yet.

barnabygraham

The cyclical boogeyman of Chinese stocks have come down a lot with huge gaps down on the US exchanges. But in RTH, FXI has been accumulated strongly since April 2021 (meaning Asians are selling to Americans, these ETFs more and more held in dollars instead of CNY/HKD). Buy, testing the all time highs within a few years. Call LEAPS. Aggregate Volume Drift...

barnabygraham

This is aggressive and short term. First target is 86 at the run up to earnings and potentially higher. I'm in Nov19 options, much safer would be to use shares with a stop under 78 with a main final target of 90, but longer term this chart is beautiful and I'm expecting all time highs within the next 18 months. The retest of the 80 area is a perfect .5 fib...

barnabygraham

Testing anchored VWAP from inception Volume profile zone of support (for now) AVDP indicating accumulation (10m data) Lowest price to sales ratio ever First scale in here at the anchored VWAP. I anticipate a possible flush under 130.