I'm still in my AAVE long, and I'm still looking for red resistance to touch. I wasn't expecting it to take this long... Well, I was 70/30 that it wouldn't take this long. Doesn't matter, because it has taken this long and I still have more days to wait I'm guessing. We shall see! This is not advice.
I'm long AUD/USD on the daily chart, and I'm looking for 0.67245 to touch. That's the red resistance zone. This pair touched daily support a few days ago, and has since setup nicely to the upside, in my opinion. This is not advice.
I'm in short on RNDR, and I'm looking for that red support at 1.788. My TP is just shy of it at 1.791... The support zone below it might touch as well, but not before a bounce at the first one in my opinion. I'll re-evaluate at that time if I want to enter another short. This is not advice.
I've been watching this drop for a couple weeks now. I'm thinking .4368 touches. This is not advice.
I have been in an LUNC short for a few days. I'm looking for 0.00007717 on the daily chart to touch. The second red support zone below that may or may not touch. I haven't quite decided. I'll wait to see what happens at the first one. This is not advice.
It looks like USD/CHF is bearish on the 4 hour chart. I entered short and will take profits at the blue support zone. This is not advice.
I entered a short yesterday on the 4 hour chart and took profits at the blue zone. However, it looks like USD/CHF is making a bee line for daily support (red zone). That daily support is also within a larger weekly support zone. This is not advice.
I have been in this AAVE long for a few days. It got close to my TP, but did not touch it. I'm confident in this trade, so I did not close it. I will hold on.
ALWAYS DO YOUR OWN RESEARCH BEFORE MAKING INVESTMENT DECISIONS.
This should not be considered advice. Always do your own research.
Please do your own research. Do not take anything I publish as advice.
I keep saying it; I think a pull back is needed. The higher this market goes without a pull back, the harder it might fall when it does pull back.
I have been back testing the On Balance Volume indicator (OBV). So far, so good. I did not publish my first test (Facebook), but will publish from here on. OBV is basically an accumulation/distribution indicator. When there is divergence, it shows weakening/strengthening markets. If you are unfamiliar with OBV, look it up. Here is what I found with Tesla: OBV...
Look up "On Balance Volume" if you are not familiar with it. I use it from time to time...
Wow! "To infinity and beyond!" - Buzz Lightyear Lol, just kidding. But it seems that way right now, doesn't it? This is nuts. I'm still bullish, but with caution. I would love a pullback so I can jump in on some more long positions.
Roku, in my opinion, has no competitive advantage. They simply stream other "people's" content. It is my opinion that they cannot sustain such high valuation. They are competing against the likes of Amazon... that's never good for any company. The Fire Stick (Amazon), and the Google Chromecast are other streaming providers that could swallow Roku whole if they so...
Awesome day! Hope everyone made some money. I'm still bullish, but with some caution. YouTube: Dumb Money Trader twitter.com/dumbmoneytrader facebook.com/dumbmoneytrader www.dumbmoneytrader.com
YouTube: Dumb Money Trader twitter.com/dumbmoneytrader facebook.com/dumbmoneytrader (New FB group. Very few restrictions, unlike a lot of other investment groups) www.dumbmoneytrader.com