jsgiardino

jsgiardino Updated 

Using a form of fractal analysis we can see ETH setting up now to play out like the 2017 bull run where a volatile rally is followed by a volatile retrace followed by a period of stasis at a slightly higher low. In this case, there were many alleged catalysts in the news that could be pointed to; however, the signs were already in the chart by 5/15 with the...

jsgiardino Updated 

History may not repeat, but it does rhyme. Using a form of fractal analysis we can see BTC setting up now to play out like the 2017 bull run where a volatile rally is followed by a volatile retrace followed by a period of stasis at a slightly higher low. In this case, there were many alleged catalysts in the news that could be pointed to; however, the signs were...

jsgiardino Updated 

HD has strong fundamentals & has just begun an uptrend. Set a stop loss at the indicated line when opening the position. On breakout of resistance line go to trailing stop loss. Roughly 2:1 risk to reward ratio. HD is sensitive to moves in SPY which has been tempermental lately so keep that in mind as you trade.

jsgiardino Updated 

There seems to be a rotation into Consumer Defensive even as SPY & growth stocks like MSFT are choppy. UL may be setting up for a breakout.

jsgiardino Updated 

With a Short Interest of 26% and an active attempt to squeeze the shorts it looks like RIOT could see a volatile move upwards supported by reasonable fundamentals, Bitcoins recent price action, and technical indicators that suggest a reversal. Setting up to break out of a descending channel/wedge. F-Score is a 5 with some indication the books may be cooked so...

jsgiardino Updated 

NRXP is in for a wild & volatile ride where it may reverse & double in value or even more. Technicals support a reversal over weeks with a current strong trend on the daily. Fundamentals are strong; F-Score is 9 & they just had some major news catalysts including a COVID-19 Treatment drug. High risk with potentially high reward: up to a 25% drawdown and a...

jsgiardino Updated 

AVPT is a major partner with MSFT; as MSFT has good fundamentals & is in an uptrend, AVPT may benefit. AVPT has strong technicals & early indications of sound financials & is likely to be more volatile than MSFT leading to better opportunities for outsized gains; but also outsized reversions. As the moving averages form a bullish cross this could be a great...

jsgiardino Updated 

MSFT has good fundamentals and is in a renewed up-trend as-is SPY which is a bullish sign for MSFT. However, MSFT has a high deviation of the 20MA from the 50MA. If that should begin to narrow we could see at least a short term pullback.

jsgiardino Updated 

Using the same fractal analysis method I used to forecast the BTC dump & dead-cat bounce, I began watching US Treasuries as TLT was set to break out of a descending wedge. Now that it is has, I'm publishing the idea for others to weigh in on. If the pattern plays out we could see new all time highs; which suggests we could be entering another period of recession...

jsgiardino Updated 

Technical Analysis suggests we may see a pull back on SPY to around 409. RSI is overbought, MACD is in a bearish position. OBV suggests outflows. We've had 3 rejections of the top around 420. I expect a pullback to cool off the technicals. Whether we get another leg up or down is TBD.