farmtrader15

farmtrader15

Pfizer coming into a triple bottom, and oversold on the RSI and MACD. If the bird flu (AKA H5N1) story gets bigger Pfizer could see a nice influx of money that may just follow the story.

farmtrader15

Big lots has been getting beat up since 2021 and is slowly forming a strong bottom with a large multi month bullish divergence. Big lots has not been to this level since 1991. Its also interesting to see one of the most notorious traders of all time, Michael Burry, is betting big on BIG.

farmtrader15 Updated 

Crude oil has officially broken its head and shoulders neckline. Targets are noted on the chart!

farmtrader15

Crude oil has traded right into resistance and I believe it is time to take a short position. Crude has tapped the top side of the multi-month and has reached some macro resistance levels. MACD and RSI both are overbought with plenty of room to drop. First target 78.65 Second 76.90 Final 75.60

farmtrader15

Alibaba could have a double bottom formation soon. The stock is in oversold territory and the volume has reset immensely. Michael Burry has been buying BABA in recent months as well. Worth checking this trade out.

farmtrader15 Updated 

I have been buying a small amount of Pfizer on a daily basis for 2 months now. The chart has formed a textbook double bottom. Best of luck

farmtrader15 Updated 

Nice parallel channel long trade has presented itself. Last time Costco had earnings the stock dropped 7%, then soon after rallied to ATH. The current earnings resulted in another 7% drop, and it is reacting with a solid ascending parallel channel. I think a long is suitable here.

farmtrader15 Updated 

NG has multiple factors for a solid bullish case, besides cold weather...

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Check out the chart drawings for the full idea! NATGAS has run into a zone that was initially formed back in the early 90s and has been respected as the all time chart low/floor since '95. NATGAS is also running into a 3 year old trendline that could also help motivate the bulls. NATGAS also has bullish divergence.

farmtrader15

The two largest stock holdings of Michael Burry today (2/14/24) are Alibaba and JD.com. Both of these companies I have personally been accumulating for two months now with an auto invest feature on my brokerage account. I believe that it could take time for these charts to turn around but the discount on these stocks are undeniable. It is worth checking out and...

farmtrader15 Updated 

Start accumulating daily/weekly! I plan to trade ADM the exact same way as I traded Pfizer stock a month ago. I drop a link below.

farmtrader15

BTC is the victim of the classic buy the rumor sell the news yet again. BTC ETFs have been approved this week... BTC also got rejected off of major resistance line. Good luck...

farmtrader15 Updated 

Gold is not exactly repeating, but it surely is rhythming with history on this chart. I am in the camp that if the economy continues to improve gold will break ATHs. As for now, gold could very well pull back midterm. The GP is the overall target but there plenty of smaller target/support areas between the current price and the GP. Trade safe friends.

farmtrader15 Updated 

Gold has broken below a key trendline and is currently back testing it. If gold confirms below this level we can expect lower prices in gold in the following weeks.

farmtrader15

Check your charts folks, Gold looks like a short. Use stop losses and enjoy

farmtrader15 Updated 

Pfizer is one of those companies that we all feel has been shady and the stock value shows it. As much as human emotion can draw this value down, hedge funds and smart money will start stepping in now. The chart says it all. We are talking about one of the longest running publically traded companies folks, this will rebound. Its not a matter of if, but when. I...

farmtrader15 Updated 

USOIL has rallied over 8% in 3 trading days right into a major resistance channel, a minor descending channel, and previous support levels. I am leaning short here, good luck!

farmtrader15 Updated 

I have been short on oil for weeks, now i am leaning bullish as we collide into important support. Multiple factors at play here at this level, all of which are noted on chart. Volume has reset. Be cautious, but don't be afraid to try this level.