scottg1018

scottg1018

Symbol: GPOR Dates: (No Entry at this time) Position: +0Long Entry : $3.32 Price Target: $3.62 -> $4.72 Stop Loss: $2.36 R/R: 1.32x Notional Risk: $0 Technical: Trend reversal. RSI divergence on the weekly. Triple tap support at $2.30-$2.40 after rejecting going below historical low trend line. Did a bit of testing on simple RSI strats on GPOR and it's kind of...

scottg1018 Updated 

Bear Trend Reversal - Long term downtrend rejected with bullish RSI divergence on the weekly. These hops off a long-term bear trend reversals can be swift and powerful. I've played these before and won (DAN...TQQQ after '18 Christmas)..but I've also played these and lost (MAXR). I've previously played these directly on the instrument, but this time I'm playing...

scottg1018 Updated 

Bullish RSI divergence at a long-term key support.

scottg1018 Updated 

Symbol: DUST Position: +200Long Entry : $7.69 TP: $10.5 Stop Loss: $6.68 (1.5x10DAY ATR) R/R: 2.47x Notional Risk: $202 Technical: Trend reversal Multi-day RSI divergence. I'm looking for GOLD prices to tuck back under 1500 the bleed off to July prices. Running a tight initial stop as I'm a bit late to the party.

scottg1018

Currently trading at twice-ish of it's production cost. Bubble began due to demand outstripping supply but is being re-propped up by short covering. We're already starting to see it peal off the reestablished highs. As further production chases the 2x premium (cost of production $720 vs $1510.5 per Troy Ounce) and auto makers look for alternatives. Risk: A...

scottg1018 Updated 

XBIO - Long (100 Shares) - RSI Divergence confirmed with 8&20SMA cross up. Huge buy volume on the divergence compared to average volume (very low volume instrument) Entry - 11.18 SL - $8.53 (Last week's low) TP - $19.91 (200SMA) Net Risk - $265 R/R - 3.3

scottg1018 Updated 

NEOS - Long (500 Shares) Entry - $1.67 SL - $1.37 - Yesterday's low TP - 2.27 Net Risk - $683.33 R/R - 2

scottg1018

ACRX - Long Seems a bit range bound and put in a nice bottom on the long trend line. Blew by the 8EMA and 20SMA and closed over the 50SMA after a blip below 30RSI at the lower part of the range. Big risk trade given the low price and rangy price action. SL set at 1.5xATR which is just below the long-term bottom of the range. ACRX - 500 Shares Entry - $2.71 SL -...

scottg1018

Just looks like VIX likes to pop off from this area. I'd be looking for a quick rip long in the next few days (maybe EOW) with a tight stop somewhere around $11

scottg1018

Bearish RSI divergence on the Daily price action hasn't really recovered since Big sell day on the 28th of June (from which price action didn't recover) High risk trade given the long-term trajectory of TTD so a tight stop is utilized.

scottg1018

RSI divergence potential reversal confirmation with price action climbing up over the 8EMA with a substantial increase in volume High Risk: Very much so a hit and run trade given the long term trajectory of the instrument.

scottg1018

An idiot's TL; DR analysis: I believe we're going to to see BTC retrace into lower levels finding short term support at the Daily 20SMA & 50SMA. Once 4hr RSI is back in oversold I'm speculating we could begin to see some revived bullish momentum.

scottg1018

I think this is a likely scenario but what do I know...

scottg1018

Just another opinion in the sea of pareidolia.