Bitcoin to $20,000!? Taking a quick look at the market to build some planned buying zones. Yellow shows you the dollar zones I am looking at. Parking dry powder with some limit orders is your best option here as some exchanges have larger liquidity drops than others. I am not sure if we will head to $20k but that probability dramatically increases if we break $30k and our support line becomes resistance. If we do head there I believe it will be short lived. Watching the news on Russia, Evergrande in China exploding, FED talking or walking, and the commercial real estate market in the next few months finally showing their defaults hitting financial stocks. There is a lot going on in the short term so be nimble, be quick, or trip over the candle sticks.
Gains
NFLX and BTFDLooks like this is another stock that I will be adding to my portfolio soon. In the coming 2-5 Months. This has been a more volatile stock as it's sold off 45%+ in the past and it's currently reaching/reached that point. Of course with inflation and rate hikes affecting high PE companies this one will probably be no exception and will probably be seeing more pain in the coming months. Also raising prices is not going to bode well for them in the coming quarters, affecting churn rates/new customers. 375 and 343 a next levels to watch for. looking to start adding around 370ish.
290 would be hell.
NVDA About to buy"It's been 84 yrs.....He exists only in my memory" Looking to finally add this to my portfolio as it's starting to sell off. Probably looking to dip just below the 200 SMA and should bounce fairly well. Looking to enter around the 200ish mark if I'm not a scared little bitch to do so (when or if it get's to that point). If this whole sell of inflation/Rate Hikes continue this yr. we might be looking at 180 and 160.
I'll sell my mom or brother if it get's to 160 to buy even more at 160.
$MGI Printing on this textbook breakoutOriginal idea posted in NOV at $5.74 up over 60% now , approached nice demand zone and has been running ever since.
Beautiful breakout here, move stops and lock in profits. Approaching overbought on the daily but I think there is a magnet on $10
Let's see if we get a May like move, this one can run
Reviewing my last trade for 2021: $TRT 25%ish gainLuckily, I ended up 2021 with a win. It was a modest one but given how tough the trading environment was back in December for the long side (likewise in the start of 2022), I'm thankful that I was able to pull off a W. Let's review it
$TRT is the ticker of the trade.
First entered the trade back in December 7, 2021 (1st Green Arrow) at $9, when it proved strength. Cut was $7.20
Was a little challenged by this trade given it didn't move right away as I expected it to. When it retraced, I gave myself two options: follow the original cut or exit the position early and buy it back in case stock proves me wrong. Decided to go for the latter and went out of the position last Dec 13, 2021. (1st Red Arrow)
I was proven wrong. I went back in TRT on Dec 15 (2nd Green Arrow), again when it showed strength and added more when it slightly corrected (Multiple Green Arrows). Me being proven wrong by the stock earlier gave me more confidence to size this bigger compared to the initial engagement.
Used the 5 Day Moving Average to trail my profit when I was ahead. Was initially targeting $15 but it never happened. TRT retraced to my trail profit, putting me out of the trade at $11.40 with a 25% gain (2nd Red Arrow). Expected more but can't complain. A nice end of year bonus.
Takeaways from this trade: Always be ready and be patient for your A+ setups to manifest.
Zooming out, the area pattern traded is an ascending triangle, a bullish area pattern
Hope you learned a thing or two.
Thanks and good luck out there!
A Trend-Reversal for Nike expected!A lot of analysts are pretty sure that NKE is a solid long-term investment. But in the past week and a half, there was a huge price-drop.
and the latest daily candles don't look too promising ... three Dojis and a red candle - pretty indecisive.
But there is a bullish Signal - a bullish Divergence of price vs CCI.
Looking at the past two bullish CCI Divergences, both were followed by huge gains. And now RSI is oversold, so maybe a good time to go long with NKE.
Commodities In 2021 and a View for 2022It is official- Inflation is no longer “transitory,” according to the US central bank. After blaming rising prices on pandemic-inspired supply chain bottlenecks throughout 2021, the Federal Reserve swallowed its pride, admitting inflationary pressures are far more structural than “transitory.” Economist Mohamed El Erian called “transitory” the worst call in the Fed’s history.
What the Fed, US Treasury, and most mainstream economists have not said is that the blame lies at their feet. The liquidity tidal wave and stimulus tsunami lit the inflationary fuse in 2020 that continues to burn in early 2022.
The dollar index may have rallied by 6.34% in 2021, but its appreciation is little more than a mirage. The foreign exchange market conveniently measures one currency’s value against another. The dollar’s ascent may make the greenback the strongest fiat currency, but it is the best horse in the glue factor when it comes to value. All fiats have lost purchasing power since 2020, and the dollar is no exception. The stock market, real estate prices, cryptocurrencies, and commodities have all experienced substantial price appreciation, which is also a mirage. Fiat currency’s purchasing power continues to decline, and that trend remains firmly intact as we head into 2022.
Commodity prices began rallying after reaching bottoms in early 2020 as the pandemic swept across the world. The rally continued in 2021 and looks set to take prices to higher lows and higher highs in 2022.
2021 was a very bullish year in the commodities asset class
A composite of 29 of the leading and most liquid commodities futures and forwards that trade on the US and UK futures and forwards exchange moved 4.73% higher in Q4 2021 and 26.79% higher in 2021. In Q4, the leading sectors posted the following results:
Base metals moved 9.65% higher
Grains gained 9.31%
Animal proteins moved 4.73% higher
Soft commodities appreciated by 4.25%
Precious metals posted a 2.80% gain
Energy commodities fell 3.02%
In 2021, four of the five sectors posted double-digit percentage gains while only precious metals moved lower:
Energy was 54.13% higher
Base metals gained 38.09%
Soft commodities rallied 31.57%
Grains moved 29.71% to the upside
Animal proteins appreciated by 19.16%
Precious metals fell 11.91%
The overall performance was highly bullish as inflationary pressure, pandemic-inspired supply chain bottlenecks, and other factors pushed prices to multi-year, or in some cases, new all-time highs.
An interesting observation between a commodity composite and the S&P 500
In a sign that inflation pushed all asset prices higher, the performance of the leading stock market index and commodities asset class was virtually the same.
The long-term chart of the S&P 500, the most representative stock market index, reflects a 26.89% rise in 2021.
The commodity composite that includes the leading precious and base metals, energy, soft, gains, and animal protein markets was 26.79% higher. The results are uncanny but reflect inflation’s impact on prices.
Thirty-three winners and eight losers for the year
Winners outnumbered losers by better than four-to-one in the commodities asset class that includes 41 different markets.
Metals, foods, and energy commodities posted the most significant gains. Thirty-two of thirty-three markets that moved higher posted double-digit percentage gains, and thirteen markets were up over 50%.
Of the eight markets that moved lower in 2021, five were precious metals. The sector may have lost 11.91% in 2021, but it moved 27.85% higher in 2020. Gold reached a new all-time high in 2020 and palladium in 2021, before the shiny metals corrected. Iron ore, the worst-performing commodity in 2021, was nearly 73% higher in 2020. Soybean meal rose by over 43% in 2020. Cocoa posted a marginal gain in 2020 and a market loss in 2021.
Three reasons the bullish relay race will continue
The ascent of commodity prices since the 2020 lows has been nothing short of a bullish relay race, with one market handing the bullish baton to the next.
Three factors favor a continuation of bullish price action in 2022:
Inflation : The Fed may be talking a hawkish game in early 2022, but action speaks a lot louder than words. At the December FOMC meeting, the committee forecast a 0.60% Fed Funds rate in 2022 and a 1.90% short-term rate in 2023. Even if inflationary pressures recede, real interest rates will remain in negative territory, which is fuel for higher inflation. As fiat currencies’ purchasing power declines, commodity prices are likely to continue to make higher lows and higher highs.
The supply chain : Geopolitical issues and the pandemic’s legacy continue to create bottlenecks preventing commodities from moving from producers to consumers. Moreover, tensions between the US and Russia and the US and China develop roadblocks for commodities and distort prices, creating gluts in some regions and shortages in other areas.
Policy : The shift in US energy policy to address climate change changed the fundamental equation for fossil fuels. OPEC and Russia now control world petroleum pricing. Increased regulations on US drilling and fracking will weigh on supplies. Moreover, addressing climate change dramatically increases the demand for battery metals and other commodities that are critical inputs for greener energy via alternative and renewable sources. Energy is an essential input for all commodity production. As energy prices rise, it puts upside pressure on all commodities, including grains, animal proteins, and metals.
Inflation is a vicious cycle that is challenging to address once it gains speed. The US Fed and other world central banks are far behind the inflationary curve in early 2022.
Bull markets rarely move in straight lines
Bull markets can experience brutal corrections. In 2021, we saw copper drop from a new record high at nearly $4.90 per pound in May to below $4 in August. Lumber dropped from over $1700 per 1,000 board feet in May, a record high, to under $500 in August. Crude oil fell from its highest price since 2014 at $85.41 in October to below $63 in early December. Natural gas tanked from $6.466 per MMBtu in early October to below $4 in December and January. Many other commodities suffered equally ugly corrections. However, most found bottoms and have rallied from the higher lows than in 2020.
I expect a continuation of higher lows and higher highs in the commodities asset class in 2022. The trend is always your best friend, and it remains higher in the raw materials asset class since 2020.
2021 was a bullish year in commodities, and I expect that trend to continue in 2022, but the road to higher prices is likely to be very bumpy.
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Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and options trading. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. This article does not in any way constitute an offer or solicitation of an offer to buy or sell any investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction.
Southern Company Outlook for 2022Pour 2022
In my previous idea I'd said I was halting accumulation to see how SO was going to perform the rest of December. The main driver behind this decision was I didn't want to purchase shares at price levels SO hasn't been able to hold consistently. Basically: Anything above $63 I considered "wait and see". Building on my earlier idea, in 2022 I think this will change. My major expectation is for investors to search for safer assets: Bond-like equities.
My reasons for believing this are two fold:
Firstly, the investors of newer money are (I think) approaching the trough of the time vs. knowledge curve. Simply put: new money is learning enough about markets to know it doesn't know much. This will increase flows to safer sectors; namely: Utilities. Utilities, and the stable source of capital expenditure and profit they represent, will attract many investors unfamiliar with a stock market absent of Meme stocks and volatility.
Secondly, economic conditions are tightening. Simply put, inflation is hot and has completely removed any momentum the already weak "recovery" had. 2022 will, in my view, have a major theme of a return to pre-COVID economics. Namely: disinflation, lower job openings, and slowing world trade. Utilities, historically, do very well under these conditions.
Beyond 2022
As stated above, demographics and economic conditions will return to pre-pandemic structures. One of these conditions is a lowering birth rate. Seeing that SO supplies power to people, having less of them isn't a bullish indicator. However, COVID did introduce a very bullish condition for SO's area: migration. The flows of new people from liberal states into the southeast (mostly GA) will, in my view, continue clear through this decade.
Financial conditions will also tighten significantly, regardless of FED actions. This has been the case for almost 40 years with Reserve actions having effects only at the margins. This is predominantly due to the fact that large monetary spending has placed significant bulwarks against American citizen's progression. Money can be printed but until it's cheap enough for the already over-indebted populous to borrow, debt will continue to destroy future purchasing power. The theme for the decade will be disinflation as the economy grinds to a near-halt under the weight of our own debt (this is a long process). Utilities and mega-caps will be the only place where capital can survive relatively un-molested. Flows into these assets (and the indexes that hold them) will grow parabolically as will their valuations.
Price Targets
I'd expect to see >$87 per share by or before the end of 2022.
As for right now, the stock is overbought on rather silly news (an upgrade from hold to buy). I don't expect the present price to stand over the next few months and would expect a trend down to the mid-sixties.
My new buy target, however, I've raised to $65. Anything below $60 I'd consider a very strong buy.
DASH Waiting For Money To Flow In - 1100% Just To Its 2018 ATHDASH is one of those forgotten coins, or so it seems like. I remember being above 1k in 2018. Even though it has not had the chance for a rally yet, i believe it will happen eventually as there is a lot of money in BTC and ETH to be rotated out of into the laggers enclouding DASH. It has 1100% just to its previous ATH. I specifically turned on linear scale for you to see just how undervalued this asset is.
I am not a financial advisor so non of this shoud be taken as a financial advise. Be Well.
KRAKEN:DASHUSD
Symmetrical triangle EOS BreakoutPosted this one a bit late as I had to take the trade from my phone, Symmetrical triangle break at the .382 fib resistance with lots of bullish convergence, very easy place to size up risk. I don't use stop losses as my liquidations are close to 0 and prefer to exit positions in a different manner but if one was to place one it would be done as shown, targets are tps as well.
Short Term Play 4- XBTUSDIntro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
Max lev recommended: 3x
Goodluck,
Doctor Hugo
BTC Super CyclesI know many of you will not like this idea. It is a pure speculation based on how the different values like time and percentage decline or rise. I know that time is completely impossible to predict, even prices can range dramatically +-1k%, so my purpose is to share my price view as realistic as possible.
Every super cycle consists of two smaller ones. It is hard to get your head around that from 2018-2020 btc was just pausing and moving sideways in a massive range. It was not really a bear market from a supercycle perspective. What took btc 2 months in 2010, it takes almost 3 years right now. Each supercycle takes exponentially longer to play out, percentage gains in each cycle is also declining rapidly in log. fashion:
-1st SC (3608943 %) -- 329 d
-2nd SC (58398 %) -- 742 d
-3rd SC (41981 %) -- 2492 d
based on that percentage decline we could expect 30k% for the 4th one.
Even if BTC falls to 2.5k it would still be above 700k by the end of the supercycle if 30k % is in the cards. It is just that it would quite possibly take 18-24 years (~7k days based on exp. increase).
I expect this bear market to be similar to 2011 where price lost 93%. It is largely because stock market is expected to collapse in 2022 and BTC has never experienced that. Wherever it falls it will eventually rise back up even stronger.
Bear markets between supercycles are also getting lengthened exponentially. Not that fast than bull runs but still they do:
-1st bear market (-93 %) -- 161 d
-2nd bear market (-86 %) -- 406 d
due to having only 2 bear markets between the cycles it is even harder to predict how long it could take for the 3rd one as we don't even form exponential line growth from having only 2 values. Needles to say it is lengthening exponentially so to assume that it can take 3 years for the crash to finish is not completely unrealistic.
Bottoms are also increasing exponentially:
-1st $0.0009
-2nd $2.01
-3rd $163.88
-(4th $2300-$2800)
I am not a financial advisor so non of this should be taken as a financial advise. Take care.
ONT/USDT Daily looking like juicy gains incoming. R/R= 6.7ONT is about to go green on the histogram after testing the 0.886 retrace from its last rally high to $2.958 for the 4th time. There is small bullish divergence on the MACD while under the 200 daily MA. We should have a breakout soon in under 2 weeks. If the macro doesn't fail, it's going to be a good start to a new year.
ETH Loses Key SupportEthereum Price Analysis: ETH Loses Key Support, This is The Next Level to Watch If Downtrend Continues.
Not only the ETH price dropped below $4,000, but it also closed below this key level on the daily timeframe. If no surprises will take place, today will be the first time since October 19 that ETH is seeing a full candle body below the significant $4K mark. This put an end to the bullish trend, at least in the short term.
Key Support levels: $3750, $3,000
Key Resistance levels: $4,000, $4,500
Last week, the weekly MACD went through a bearish crossover which was an early sign that the uptrend may reverse. Yesterday, ETH broke below the key support at $4,000 and closed the day under this key level. In doing so, ETH confirmed the change in the trend and also broke beneath a significant trendline that has held the uptrend since March 2020 (see the dotted line as shown below).
Following the breakdown, the $4,000 level now becomes a key resistance. In addition, ETH is currently trading below the 100-day moving average line. If this downtrend continues, then the next critical support levels for ETH are found at $3750 and $3,000.
Altcoin Heaven: SHIB, CHZ, GALA, CRO PredictionsI believe we're in a crypto accumulation period (ready to launch up), preparing for the continued ascension phase.
The charts have my short-term opinions and price projections for them. This is all my opinions and NOT Financial Advice.
Happy Trading,
Stefan
Founder of A-Stock Trading