QS trade ideas
$QS Long-Elliot Wave AnalysisWave 2 appears to be completing a double zig-zag correction: 3-3-3.
Scenario 2: A break below $55 could potentially result in a regular flat: 3-3-5 with .618 extension at $49.50.
If current projection holds, Wave 3 completion price target is $90-100 for March 19th 75C.
If Wave 2 completes a 3-3-5 correction, Take April 16th 65C at $50, and 75C on the sub-2 pullback of wave 3
Volume dry-up with no significant change in underlying further corroborates the proposed wave 2 corrections.
ETFs, ARKK and GBTC: Stocks, ETFs and Crypto all in oneSource: www.coindesk.com
Feb 12, 2021 at 7:44 p.m. Updated Feb 16, 2021 at 5:01 p.m.
Cathie Wood’s ARK Investment Management increased its holdings of the Grayscale Bitcoin Investment Trust (GBTC) by 2.14 million shares in the fourth quarter of 2020, bringing its holdings of the market-leading institutional bitcoin investment vehicle to 7.31 million shares.
- ARK, the actively managed exchange-traded fund run by legendary manager and early bitcoin investor Cathie Wood, made the disclosure in a filing with the U.S. Securities and Exchange Commission.
- At press time, ARK's holdings of GBTC are worth $357.5 million.
- ARK's boosted stake is an increase from the 5.17 million GBTC shares it held on Oct. 31, 2020.
- Not only did ARK's holdings in GBTC rise in the fourth quarter, the value of GBTC shares took off as well, reflecting the meteoric rise in the price of bitcoin during that same time period.
- GBTC shares rose 222% in the fourth quarter and are up 39% so far this year. The price of bitcoin increased 177% in Q4 and is up 63.1% YTD.
- Grayscale is owned by CoinDesk parent company Digital Currency Group.
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QS - A Day Trader?wow..moves.. Bullish on the battery tech. Plan to work around a core when the market pivots. Daily Cup and Handle on watch
QS longthis is a joke, but I am 99% sure QS will be $100 in march lol. Market should in itself have a bull run next month
$QS Straddle sell strike 115The Implied Volatility is very high near the 200% percent.
Rarely it stays long above this number. The range between the break-even line at expiration is relatively big.
60% probability for some profit.
If the IV will drop sharply It will be wise to get out.
I diversify my portfolio, it is never "ALL IN".
QS longI will personal hold long-term plays and options on this for a while, trend weakening a bit at the moment. Do not get shaken off by a small retracement.
