If we are in a historic crash/correction/recession/whatever, we need to use these relief rallies to take some profits AND dump some of our low-quality speculative positions. IF WE GET TO TARGET TOMORROW, I'm unloading some of my baggage. Time to give the hot potatoes to someone else.
This is your daily reminder not to panic. No fear mongering here, friends. Take advantage of the relief rallies (aka "Bear Market Rallies"). What you see here is a chart of the Global Financial Crisis ('GFC'). I wanted to show that even in the GFC we had frequent relief rallies. I've highlighted a number of them in this chart. Relief rallies are the times...
Don't panic. Let's try to find the opportunity here. Let this be a place free of fear p0rn. Yes, we bounced, but as you can see - we bounced at a perfectly logical place. IF we go lower, where MIGHT the bottom be? Where might we get a major bounce? Let's assume this is something "historic". What I have indicated in the chart would be a crash worse than...
Hi fellow traders. This is your daily reminder not to panic. STICK to your strategy. We're on the elevator down, but WE WILL climb the stairs back up. zoom out on an S&P or Nasdaq chart. STONKS GO UP. It hurts now, but this is also the time to accumulate stocks you have always wanted. Look for the levels. Don't panic. STICK TO YOUR STRATEGY!
This is the monthly NASDAQ:JBHT chart. The pool looks like it's starting to warm up. If we get in that circle I'll dip a toe in. Dip a toe in = I'll open a SMOL starter position. Anyone else starting to get tempted by JB Hunt?
Sure, tune in to your favorite youtube finance doomer or the news, and it will sound like the end of the world has arrived. I personally feel like this tariff crisis is cover to air out all the dirty laundry that's been hidden the last few years. The AI bubble, the stimmy repayment, the imaginary gold, the "forgot how to grow economy" (credit that last one to...
Thinking about taking a swing with AMEX:USD USD (Ultra Semiconductors) if we can get sharply down to this line. What do you all think? This is not for a HODL. This is intended to be a short-term leveraged swing trade. Keep your diamond hands to yourself plz and thank you.
The tariff toilet flush has begun. 🚽 Don't get sucked down the drain into the sewer. Let's look at oil. While things LOOK bad now, if we are headed to a true recession, look at the medium and long term supports for likely targets. It feels like this "trade war" is a great cover for everyone to hide their dirty laundry in a growing pile of dirty laundry. I...
Dear internet trading psychics, would you kindly let me know if we going up or down? You know what, I"M HAPPY EITHER WAY! You know I gots that smol starter position. If we go down, I'm going to add at that lower level. If we go up, I"M GETTIN MY BAG!!! 💰💰💰 The waves look good, bruvs. Let's surf!
Bought a SMOL starter position in RIVN. Should have been paying attention yesterday and bought yesterday. But, I still think based on the chart pattern this is a good spot for a SMOL starter position. I imagine half the country is looking for an alternative to TSLA and I have been seeing an increasing number of Rivians around town. That's anecdotal, but...
How low can ya go? Can you go down low? All the way to tha floe (200 day ma)? BULLSEYE!
SMCI, I'm waiting. See me? I'm standing in the doorway. The front porch light is on. Despite what you may have done in the past, I forgive you and want you to come home. NOW HIT THA TARGET!
Lookie here. TSLA's fall could bring fortune to all. Look at that sloppy target!
For those that have eyes to see (you don't even need ears to hear) a look at the charts can show us trends of new and old. These trends encapsulate psychology. Here's what I see. Take a look at the chart, and ask me what all this means. OR, if you don't agree with the annotations, give me your take.
A little mention from the Donald absolutely PAMPED Ripple (XRPUSD) yesterday. It ran right into the high of the trend going back 2 bull markets ago and bounced right off. Where do we go from here? Hard to say, but we barely avoided some amalgamation of a Head-and-Shoulders pattern playing out prior to the Trump (crypto reserve talk) Pump. 200-day moving...