SPY sell off happened after double top check of the Bollinger band on the daily (we looks not at the 4h chart to see plan for quick reactions trading). I would like to buy in the dip to ride it to the ~315 area and then place a short there. I except for a sell for to the 300 area and there i would buy mre US equities. Fundamentals: QE on steroids + china...
Here is another beaten down stock after initial IPO with a large growth potential. I really like their product in general but also their growth perspective is really promising. We see now higher lows and squeezing from this flag to the upside. Again - it is after IPO so all the investment bank try to load all their stock on retail investors so gotta be...
Technicals: Break out brom downtrend + Price action on the market SAAS stocks down day in shopify showed extremely bullish reversal, yesterday was same bullish reversal on a red market day. Big picture: SAAS and growth stocks showed a lot of weakness lately but $SHOP was the leader in all of them. Plan: Buy monthly call options with a strike price of 380 after...
That is a free cash flow generating machine. After their aquisition with a company which has around 1.6B assets, they paid 4B and the price went of course lower. Does the aquisition makes sence? In the long term probably yes shareholders hate to give their money for mergers. Technicals: Bounce from 50SMA weekly and a potential gap fill. Kl rebounded from the same...
Nothing to say, follow the price action and do what you have to do.
There is no reason to go long unless we break the 200EMA line. Since the bull run is over and everybody forgot about bitcoin, and its driven only by speculations - some strong downturn is expected. I have a short position and will add to it at every pop unless we break the 200EMA line. If you are buyer of bitcoin at this level, either you have some mental problem...
risk premium goes down, inflation low, Dollar liquidity crisis All of that should put gold where it belongs - in 1350-1400 area
Risk premium in middle east is rising, inducing restrains in the supply part of the equation. Demand problem due to the economic downturn is overrated. Shale oil induced additional supply of Oil still puts a fair value of Oil at around 60/barrel as some macro analysts suggests and the 200EMA line confirms it.
time to make the position thinner or hedge accordingly.
And we have a pullback done. Let's make another leg to 1500
Time to buckle up, Gold brok the trend line and will retest the low from few months ago. Similar to BTC, if we break the bottom, we will go significantly down. Im still Long Gold 1600 december calls.
Expecting a small bounce from this company.
You know what is up. Short all the pop near the 200 EMA. And keep riding those waves back to 5000-6000 area
Down we go Broke down to 52 week lows. China -US trade slowing down the global trading volume and the low margin player FEDEX is entering negative cash flow territory with EPS going down and Forward guidance being lowered in the earning conference call.
Keep it fucking simple. You don't need RSI and stochastic oscillators near the bollinger band shrinking crossover on the MACD 1.66 Fibonacci level with Chaiking in the uptrend in your butthole to know what to do.
Buy buy buy. Check their Tech in their website. - find 10 differences from tesla VW will not buy Tesla , they will buy TNAV.