Advanced Auto Parts | AAP | Long at $64Advanced Auto Parts NYSE:AAP has gone through an exquisite shakeout of shareholders. Currently trading near $64, the stock is currently testing my "stock crash" simple moving average (seen green SMA lines). From a technical analysist standpoint, it's in a personal buy zone. This stock has tested this simple moving average level a few times in the past and recovered very well. Will history repeat?
Target #1 = $88.00
Target #2 = $110.00
Economic Cycles
HLI | A Low Key High Flyer | LONGHoulihan Lokey, Inc. engages in the provision of investment banking services. It operates through the following segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory. The Corporate Finance segment provides general financial advisory services in addition to advice on mergers and acquisitions and capital markets offering. The Financial Restructuring segment provides advice to debtors, creditors, and parties-in-interest in connection with recapitalization or deleveraging transactions. The Financial Valuation and Advisory Services segment provides valuation of various assets including companies, illiquid debt and equity securities and intellectual property. The company was founded in 1972 and is headquartered in Los Angeles, CA.
Carnival Cruise Lines | CCL | Time to go long in the teens?Carnival Cruise Lines NYSE:CCL , like NYSE:NCLH , never fully recovered from the 2020 market crash. From a technical analysis standpoint, this stock may be poised for a nice upward trend soon after consolidating in my selected primary simple average. It is currently in my personal buy zone in the high teens.
Target #1 - $28.00
Target #2 - $49.00
Target #3 - $62.00 (very long-term)
KAS - the gift that keeps on givingI've been playing KAS for the better part of 2 years and for the life of me, I'm not sure why more people are not taking advantage of it. Over time, it has followed a nice logarithmic growth pattern (around 180 days), technical indicators show we are out of peak fear after the last impulse up, heading to peak greed. KAS continues to consolidate higher, now in the 0.18 range. I tagged-in at 0.10 and 0.11 recently so plan to sell above 0.20 cents with a stop loss around 0.16383 just to protect my current profits.
$SOL Long- A Fractal Study on $SOLETHPosting this chart for later street cred.
SOL/ETH pair is the next ETH/LTC pair
CRYPTOCAP:ETH has vastly outperformed CRYPTOCAP:LTC since ETH burst onto the scenes in 2016.
CRYPTOCAP:SOL has vastly outperformed CRYPTOCAP:ETH since SOL burst onto the scenes in 2020.
We are in midst of the next parabolic run, ~0.15 is the target for this BINANCE:SOLETH pair's top this cycle.
A study on fundamentals, cycles, fractals... common sense.
CRYPTOCAP:SOL / CRYPTOCAP:ETH
- @CryptoCurb
$CLSK repeating price actionI'm more confident that bitcoin will continue to be strong for the next 60 day cycle.
It's interesting to see the NASDAQ:CLSK price action and indicators repeating from last cycle.
It's currently floating above the Komu cloud after a multi month consolidation
The Bollinger bands have contracted after an extreme Bollinger band breakout (not shown for tidiness)
Bitcoin on both final impulse moves was slightly below its ATH
Bought a small position of Aug 23 $25 calls to potentially catch this impulse move.
BTC/USDT - Time to Quietly Look for Buy SetupsThe kNN (k-Nearest Neighbors) indicator is starting to exhibit encouraging signals for initiating buy positions in the BTC/USD market. The kNN Sentiment Anomaly Detector, a form of supervised learning, processes historical price data to pinpoint anomalies in investor sentiment. It focuses on the divergences between normalized investor satisfaction and actual asset prices, offering a data-driven method to spot potential market inflection points. Historically, this indicator has demonstrated over 80-90% reliability on the 4H timeframe, though it's crucial to remember that past performance doesn't guarantee future results.
As the market sentiment shifts towards fear, this indicator's signal has prompted me to scout for additional buy opportunities. I've started building small spot positions for swing or long-term trading. My strategy includes pyramiding these positions up to a defined size, adapting to market conditions as they evolve.
Additionally, I'm keeping an eye on the ISPD pro indicator for parallel buy signals, which would bolster the case for entry. Should the price unexpectedly plummet below the 38k mark, I plan to adopt a more aggressive stance in my position openings, aiming to expand my Bitcoin holdings while diligently managing risks.
It's also interesting to note that various buy signals are cropping up on shorter timeframes, particularly the 1H and 2H charts. This observation suggests a potential shift towards bullish sentiment in the short term, adding another layer to my multi-timeframe market analysis.
More time in the bottom of the range is good for BTCWith BTC going into its 3rd 60 day consolidation cycle it is still uncertain if it will break out into price discovery.
The current volume profile of this range currently looks distributive which could signal a coming break down from the range based off the Wyckoff schematic.
However spending the next ~60 days below the middle of this current range, but not breaking it would signal strong accumulation and set up a break to all time highs around the August to September timeframe
$BTC - Strong BullishCRYPTOCAP:BTC
#BTC will complete the Eliot Wave starting now.
$53,485 is the bottom of the 2nd wave.
BTC have CME GAP at $60,845 - $57,850 - $57,140 and usually the gap will close before go higher.
Reversal in the 0.382 Fibo area is a sign of "Strong Bullish"
Conclusion
1. $53,485 is the bottom of this cycle
2. 3rd Wave has started
3. We may see BTC correction and fill the gap at $60,845 - $57,850 - $57,140 before the true rally bull run.
#BTC - Strong Bullish
BTC : CurvesHere is a cyclic curve lattice used to identify historical and future support/resistance levels that can assist us with our trades.
The chart is unraveled on the 4 week time interval and the logarithmic price scale.
Every historical curve shows at least one critical price action reaction.
Here are the most important, all but one relating to candle wicks...
Green curve price action reactions :
Red curve price action reactions :
Future cycles are carefully estimated using Fibonacci measurements.
Finally, thank you to my followers and to those who enjoyed viewing this idea.
Feel free to give it a boost if you like it.
// Durbtrade
JOBY | Vertical Take Off EVs | LONGJoby Aviation, Inc. is a transportation company, which engages in developing an all-electric, vertical take-off and landing aircraft that intends to operate as a commercial passenger aircraft. The company was founded by Bevirt Joebenn in 2009 and is headquartered in Santa Cruz, CA.
Bitcoin - you think this time is different?On the above 2 week chart each bull cycle is shown. Each cycle has lasted exactly 760 days. This cycle is forecast to continue through until the end of the year. December 16th to be exact.
The left translated cycle business talked about so much is for the dustbin. Market structure on the weekly chart is broken, a consolidation period is needed. But that is actually a good thing, it means a blow off top in the market remains incredibly likely. Paired no doubt with the stock market.
Lots of talk about how we’re in a bear market. No.
The Green / red band is a simple way of making this visually clear. If Green, we’re in a bull market. Right now price action is testing the 21-week EMA on the 2 week. Perfectly normal in a bull market. That test is a price of $54k. It is very unlikely we see price action below this on the 2-week. The market top remains around $108k as forecast 2 years ago (idea below). Then the $34k idea as published before, that comes next sometime in 2025 or early 2026.
“But there’s been a 20% correction ww!”
Look left. In each and every cycle we’ve had corrections. Up to 45%. A 20% correction in 2021. To put simple if a 20% correction has shaken you out of your positions, you would never has made it through the previous cycles.
Ww
110-120k idea