Audio too has reached it’s target down with a touch of the 200 day ma as I have been expecting for some time now. Picked some up at .23 cents. SL just below that .20 cent support somewhere pending RT. Selling along the way up at the various resistance levels above. May hold some to that .39 cents mark again. Best, Stew
Traders, You know I have waited patiently for this one. For three weeks plus, I have set my entry area at .42 and I have remained disciplined, staying out of the trade until entry target was reached. Today that was achieved. In fact, I even got a better deal with an entry at our 200 day ma. Target depends but I am shooting for those levels above and may hold a...
Traders, Arbitrum is hot. And for good reasons. That is why I have added it to my trade list. If we touch that orange area I will be entering and holding till we hit $2.22. Stew
Traders, For the second time in as many weeks Dogecoin is threatening to breakout of it's bullish triangle which price has live inside of for nearly (2) two years. We need to pay close attention to this chart. Let me know in the comments if you think we will break to the upside in the next day or two or not? Stew
Traders, Admittedly, I may still be a bit skittish in this bear market. Maybe I am being too cautious? But with tomorrow's Shanghai upgrade on Ethereum happening tomorrow in which millions of Eth will be unlocked AND with this latest candle forming what could end up being a bearish shooting star, I am happy to take my profits here and wait it out. Closing this...
Traders, As expected, Solana has now broken above the neckline of our inverse H&S, the 50 day, and the 200. This is a great sign for sure but still, caution is warranted until two things happen: the expected pullback on BTC / BTC.D occurs, we understand how altcoins will respond to Bitcoin's pullback. In Solana's case, I can see it now coming back to retest...
Traders, I’ve chosen to take profit here on XRP for several reasons: 1) We dropped below two levels of support which are now acting as resistance. 2) I was a bit overweight in alts for my current risk tolerance level. 3) I am still under the impression that BTC will pullback once tagging 30k. Although, alts could hold their own, they typically exaggerate any...
Traders,Doge is now in a price range I consider attractive again with the RSI nearing 50 and the price landing on solid support of our 200 day ma. I have bought at 8.2 cents and plan to hold to at least 10.5. Depending on risk tolerance, stop limit should be around 7 cents to give a r/r ratio of 2 to 1.Best,Stew P.S. - Trade Tracker should now be up to date.
Traders, I'm long Ape from here until the 200 day ($4.57) and the 50 day ($4.66) ...at least. $5.00 also looks like a very real possibility. Stew
$AGYS is one of the best short opportunities I've seen in a while. The stock is currently priced at over 4,700 times growth and 105 Price/ Free Cash Flow. The company is a miss on every value component in the Quant II model. Full stock analysis report is in the works.
High probability that PYPL trades higher in 2023 towards $120 based on a weekly cup and handle patter. Note: This is not financial advice. Consult your financial advisor before doing anything. Info: If you’re looking to up your trading game through expert guidance, come trade with me over at InTheMoneyStocks.com! Info about our different memberships can be found...
Traders, BTC will most likely retest that 50 day. It's been a few weeks since we were on the upside of it. And with the 100 day overhead acting as resistance, I can't think of a better entry than here. I will short with 5x leverage. TP = 19,600. SL = 21,000 (yes, I know that's tight - loosen yours if you are comfortable doing so). Best! Stew
Position = LUNC Entry = 0.0003387 Stop Loss = 0.0003 Final Target = 0.0004337 Risk/Reward = 2.4/1 Leverage = 5x Profit Potential = +140%
Position = TRB Entry = 13.87 Stop Loss = 12.63 Final Target = 21.82 Risk/Reward = 7.33/1 Leverage = 5x Profit Potential = +58%
Going long on Ripple here. Potential 45%+ profits to target. Target .48 cents. SL .28. R/R 3/1. Best of luck traders! Stew
Position = EOS Entry = 1.389 Stop Loss = 1.237 Final Target = 1.85 Risk/Reward = 3/1 Leverage = 1x Profit Potential = +33%
Entry = 1.759 Stop Loss = 1.70 Final Target = 1.85 Risk/Reward = 2/1 Leverage = 1x Profit Potential = +5%
Entry Target = .2466 Stop Loss = .2613 Final Target = .2026 Risk/Reward = 3/1 Leverage = 1x Profit Potential = 18%