JayBeckner

JayBeckner

Downward channel breakout in uptrend. Inverse head and shoulders pattern at volume profile POC. Consolidating around 20 SMA. Positive fundamental and macro trends. Insider buying.

JayBeckner

Several macro, political and technical factors appear to be pushing Transocean toward $5 by mid 2021.

JayBeckner

Looks like another month in here. Looking for improvement in the fundamentals, and a move into the low $0.30's in Q1 2021.

JayBeckner

Bearish harmonic butterfly (complete), evening star candlestick pattern (forming) and tertiary convergence on MACD.

JayBeckner

LTC has been making strides against BTC this year. Because, in addition to the upcoming halvening, Litecoin has a relatively clean technical and community history, solid dev support with visible leadership, a growing brand, transaction bandwidth with low fees and availability, liquidity and usability (e.g. Coinbase, exchanges, pairs, wallets, shops, etc.). At four...

JayBeckner

Approaching fibonacci resistance as it tries to complete bearish harmonic pattern...

JayBeckner

My Bearish Gartley chart, published before the crash , correctly forecast the level at which BTCUSD hit bottom last week. Now, the cryptoasset is (likely) moving through an ABCD pattern, toward the 0.618 Fibonacci level at $14,175 (at risk if price crosses the green B/C line before). Once there, sellers should attempt another push toward the previous low...

JayBeckner

BTCUSD pausing here at the 0.618 fib retracement level on it's way to the 1.272 ~$10,635? How to buy $BTC with USD (cash), and quickly access the altcoin markets: xdaystogo.com

JayBeckner

ATHs past, BTCUSD recently set a lower high, completing a rising wedge pattern with a head and shoulders top. Prudent buyers, look for entry ~$11,100 in the cryptoasset. How to buy $BTC with USD (cash), and quickly access the altcoin markets: xdaystogo.com

JayBeckner

Supporting a bullish business/product narrative are constructive technicals including: Jun - Aug triple bottom, Above 200 Day MA, bullish RSI, ascending triangle breakout, reward > risk (see levels: break $6.72 then $7.15, opens up $9.79 then $12.67). Check out my developing story at xdaystogo.com .

JayBeckner

Shorter-term features in context of a longer-term bat pattern + impending event. Today's trade : xdaystogo.com

JayBeckner

#harmonics Move to $56.50 or $60.00 level sets up move lower via bearish harmonic butterfly pattern. xdaystogo.com

JayBeckner

Bullish butterfly completed, then (Friday) stock tested/held support, then (today) 9/21 moving averages crossed. xdaystogo.com

JayBeckner

Couple the obvious with a converging MACD and divergent RSI (i.e. lower since late April as the stock has pushed higher) and it looks like BIDU heads lower... xdaystogo.com

JayBeckner

Intermediate-term target: $2.33 Trades: xdaystogo.com

JayBeckner

The former sees Celgene at $115 en route to filling the $109.25 gap. The latter sees Celgene test $121.70. Supporting the bear case: 1) Emerging broader market bearishness 2) Triple top on XBI daily + MACD bearish divergence 3) CELG weekly and daily charts turning lower + MACD bearish divergence + chinks in the quarterly fundamental story + persistent...

JayBeckner

Like JPM and XLF to go higher from here, but I decided to put scarce capital to work in TSLA puts today instead: xdaystogo.com

JayBeckner

Hourly chart showing impending MA Cross, pinching MACD and Stoch, RSI over 50. Probably volatile until the stock closes over $2.40, but if technicals follow through the bearish snap of the last few days could be over. However, a close below $2.20 puts $2.00 in play.