JustPlainHenry

JustPlainHenry

Yes, a very controversial position to take on the stock. As much as I love the company and the CEO recently (I still hold a good portion of shares in my long-term portfolio but I have a lot of trading cash saved for good short-term opportunities), I have been more bearish on the company's price action. So note, I am bullish on the fundamentals and the business...

JustPlainHenry Updated 

Note that my opinion may be biased as I've been shorting the market indices since the beginning of September. Also note, that I don't have a crystal ball so these opinions may be wrong. I have been bearish for quite some time and am still leaning towards bearish movements. Just briefly summarising the reasons: Treasury yields, inflationary pressure, the Techincal...

JustPlainHenry

The SPY's daily graph isn't looking as good with a few indicators that look very bearish on the daily graph. The NASDAQ on the other hand appears to have rallied out of its slump from the beginning of the day, providing a breath of relief for bullish investors, however, this trend has not been confirmed yet and suggests merely a temporary shift before continuation...

JustPlainHenry

Although I primarily trade US securities, I've recently been educating myself on the importance of looking into different markets and seeing how their sentiment flows into the US trading time periods. I focus more on London trading right now as I have limited time and London trading overlaps into the US trading period. * So, in summary, I've recently begun to...

JustPlainHenry

I've been getting into trading smaller cryptos recently, and I've found XLM to be an interesting one so far. What I've been seeing in the past couple of days is a strong setup for a short-term move to the upside. Currently, there has been 1 divergence in the peaks of the oscillators and a confirmation of the upward trend in the troughs. This I believe, suggests...

JustPlainHenry

With the massive spike-up that occurred a couple of days ago, I think there has been a new surge of bullishness on the stock. Having briefly looked at the business overall and wrapped my head around their fundamentals there could be some potential if they pull through with their goals. But my focus is on the technicals no the fundamentals currently so I won't...

JustPlainHenry

Nio forecast 15th July 2021 Not a stock that I would look at too often because I've noticed that the price for Nio moves similar to TSLA. However, because this period of time is so volatile it has made these EV stocks rather fun to trade as it exposes many opportunities to capitalize on most traders' weak appetite for volatility. That being said, EV stocks have...

JustPlainHenry

I haven't made consistent posts for quite a while and that is due to the time constrain that I've suffered as a university student. So I've mostly only had time to analyze and make trades myself; neglecting the public posts and forecasts. Anyways, as always I am still bullish on O, It has always been a solid performer in my long-term portfolio. In one of my...

JustPlainHenry

12th July 2021 I am personally very bullish on APPL, it has been a reliable stock over the past couple of years and has always brought a solid green light to my portfolio. That being said, it should be obvious that I am bullish on this stock. What I have observed in the market since September of last year, APPL has entered into a channel that has been building...

JustPlainHenry

O is by far my favourite long term pick in the US market recently. Consistent momentum and a strong monthly dividend to support it. Although I am very bullish on the stock there is a bit of concern that I have in the short term (roughly 5-10 trading days or so). Price movement has moved very fast recently and has moved away from the mean and have reached short...

JustPlainHenry

Bitcoin has made a tremendous move recently (10/04/2021) and is looking very optimistic on the daily graph. However, it appears that it has overextended itself on the hourly and might overextend itself on the daily graph also. It has been common for Bitcoin to change trends once it hits the 2 standard deviation area and makes a move back towards the mean. So my...

JustPlainHenry

NASDAQ:IXIC This week for tech stocks has been rather bullish. With many good catalysts the week before which aided this week's rally, it has really pumped some optimism into the market. With important bullish points having been penetrated in the daily graph such as the 13700 area. Having surpassed this point with no red days has been a very good indicator that...