I would wait for SOLETH chart to pull back to my buy zone before converting some more ETH to SOL. We are over bought on SOLETH.
Woolworths has reversed off its bottom channel of relative strength vs. Truworths. RSI and MACD relatively depressed and should start to turn up. With the current state of the economy I believe Woollies should be better placed to withstand the economic storm than Truworths which is predominantly more of a 'luxury' clothing retailer. I think Woolies Food component...
Following our initial publication, we've received some astute feedback that warrants further and more in-depth discussion. A reader correctly noted that the DAX and Euro STOXX 50 differ in their treatment of dividends - a detail we initially glossed over for simplicity's sake. The DAX is a performance index, including dividends, while the Euro STOXX 50 is a price...
Potential Pairs Trade setup: Long: 100 shares of AAL Short: 272 shares of JOBY Target would be 1-2$ of the spread
Narrative is overly bearish ETH due to position in market cycle. ETH is a different asset compared to 2018 however, with substantially better supply dynamics than Bitcoin, increasing average returns for ETH over BTC. The charts reflect this. A signicant double breakout on the charts recently suggests ETH is starting to breakout of its downtrend against BTC which...
ez pair trade overvalued tecc stonk vs future of finance / global reserve currency nvda and many other tech stocks rallied 150% since the previous lows, i think its time btc plays catch up (currently up around 100%, previous bear market rally was ~340%) nvda also has highest p/e ratio it has ever had (150 p/e) so i think this is a good option if you're looking...
Okay so an update on a strategy we have been working on since well into early 2019. if you want to see the earlier chart it will be here or down below. $1000 May 29 2019: Bought TSLA @$189.86 or 5.2 shares a number of trades October 26 2020: Sold NIO @$26.01 (cash $14,726) for TSLA @$420.28 or 35 Shares - total now 93.5 shares of TSLA Current Total = 93.5...
Hinduniliver broke down of triangle pattern with decent volumes on 30 min TF + Buy Colpal against selling Hindunilver with mentioned target & stoploss of HUL. Colpal stoploss 1568 target 1610
risk ratio 1/4 thick stop loss lower low lower trendline breakout retest and start falling
I really think we likely saw a long term top in equities and a major turning point in the various trends that we had since 2009 until recently. I copied the pattern from the high in the year 2000, to give us an idea of what to expect, since that was the last time a yearly timeframe Time@Mode pattern concluded, I think it can serve as a guide from here onwards....
I'm short $AMZN from here, I had briefly ridden a daily down trend signal before, but now we have a massive monthly topping pattern kicking in. I think it is a good market hedge, and might be a great long term pair trade to short it against energy longs as the ultimate reopening/end of the stay at home bubble trade. Bezos leaving was the kiss of death, antitrust...
BNB has been performing very well against BTC this month, reaching new all time high on November 26th. I expect strong relative performance moving into December should the current trends hold.
The beauty about crypto trading is: 1. 24/7 wordwide. You can trade on the worlds crypto exchanges from anywhere that's not authoritarian 2. The charts are beautiful 3. The crypto industry is getting legit. bad players are getting shown the exit. Don't hold fake "stablecoins" unless who know which gangster/bankster "backs" them. Hint: Pay VERY ATTENTION to UK...
I love the setup in the Silver/Gold ratio here. Big upside with super low downside risk if you trade it as a pair, going long 1 lot of Silver futures vs 1 lot short in Gold futures. There was a 14 week down trend signal that expires today, which predicts a relief rally of 14 weeks could occur starting here. The daily chart has a bullish trend signal confirming...
I am sure many have heard the saying “Sell in May and go away” in recent weeks. There is certainly a lot of evidence that May and the months that follow it do not have great track record of performance-- www.isabelnet.com www.isabelnet.com But does it mean BEAR MARKET? And are there any Seasonal Plays we could take advantage of? I think so. Some...
Pair trading strategy: Both are Chinese Tech companies with positive correlation Ratio has dropped to late 2018 level. Long BABA Short BIDU I'm expecting ratio to go back to 1.5 or even higher!
I like MRNA long here and I feel it has closed a significant gap to the downside. The move today was quite bullish in terms of a reversal setting up and the Fib analysis shows that a potential retest of 135 zone may occur soon enough. This is in addition to some of the positive news that have been flowing on MRNA vs PFE vaccine usage as some states preferring MRNA...
Hello guys, We have been following a downtrend for a few weeks, and if you look into 1W TimeFrame, you can clearly see a Falling Wedge Pattern! As we are just about reaching the bottom, and if you realize what Falling Wedge means, you understand that there's lot of profit to take pretty soon! So my prediction is that between 28th December-11th January, we will be...