NoFOMO_

NoFOMO_

Technical Setup: Golden Cross + Value Area Breakout Golden Cross Confirmed: The 50-day MA just crossed above the 200-day MA, a strong bullish signal. Last occurrence (2020-2021): KURE surged +120% before the Death Cross reversal. Current structure: After a brutal 5-wave decline, we’ve: -Bounced off Value Area Low (key support). -Reclaimed the Point of Control...

NoFOMO_

When the mainstream media was telling you that China was not investable, I was working hard on my TA and buying positions. I consider myself a contrarian investor, this is where the best opportunities present themselves. If you follow my trades here you will know I had called out the start of the new bull run in the Hong Kong exchange, or the dead-cat bounce...

NoFOMO_

Carrefour is one of the world's largest grocery retailers, think of it as the European Walmart. But the execution of the business by management could not be any different. We are talking about a 90% decline since it's highs in 1999. Failed market expansion, competition from budget retailers like Aldi and Lidl, online retailers have taken market share. This company...

NoFOMO_ Updated 

There’s not a lot of data on the stock price but we are starting to show signs of strong bullish volume coming in. But make no mistake. This is an extremely high risk, high reward type stock. None of the finance bros are talking about this on YouTube. But behind the scenes, the likes of Nvidia and Uber are investing into the future of autonomous vehicles by...

NoFOMO_

Pay close attention to the bond market, particular to the 20 Year Treasury yield which is creeping back up. This is really bad news for the markets, yields could spike higher which could send the market tumbling. This cascade effect could provide an optimal entry into TLT - which is an inverse play on interest rates. There is currently no reason for the Fed...

NoFOMO_

The chart suggests we topped out in Wave 5, now we’re in the wave C of a corrective move. Great company, but trading above its fair value. I wouldn’t touch this stock until the correction is over and we find a base. There’s levels of support below, so keep an eye out on this one if you want to go long or invest in this great company. Not financial advice

NoFOMO_ Updated 

Are we about to smash past all time highs or will BTC put in a double top pattern? It’s too early to say, but what I’m looking for here on the bearish scenario is a break to all time highs to squeeze out the shorts, followed by a swing failure pattern, grabbing as much liquidity before the double top pattern is confirmed. If the bullish volume smashes past all...

NoFOMO_

Well done to those that bought the dip on this below $300. I filled 80% of my position at $250 - the Point of Control according to the highest volume node. We had a capitulation in the top healthcare insurer. Absolute peak fear given the long list of events which culminated in the CEO leaving. His departure could have been the final flush out as holders...

NoFOMO_

The H&S target drop of 33% has been met. I believe we are in the final leg of the ABC correction. The question now is where does the final C leg land? We are sitting in the golden fib pocket, if $480 support is lost then I expect a drop to $400-410. This could be a great place to add for a long term investment. Alternatively we could put in a double bottom here...

NoFOMO_ Updated 

One of the less well known IPOs' from the last couple of years. Strong growth, financials have been excellent, the company is executing and taking market share from their competitors. But there's a big problem - tariffs and possible recession. Consumer stocks will perform very poorly if we fall into a recession. It must be noted the manufacturing for this...

NoFOMO_

Looking outside the crowded US tech space and more at longer term value compounders, Edenred ticks a lot of boxes and is worth both a fundamental and technical analysis. Edenred represents a compelling opportunity for long term investors seeking exposure to the growing intersection of fintech, digital payments, and employee benefits. With a strong foothold in...

NoFOMO_ Updated 

$300-310 is looking very likely. Refer to my previous trade idea where I said mid $300s is my initial buy target. I am in as of $338, it’s increasingly looking like we will hit the lower levels where I intend to load up more. Be careful catching this falling knife

NoFOMO_

We have pierced through the 0.786 fib retracement which is a sign of strength but it’s too early to call this the start of a bull run. We could quite easily fall back down if we fail to break the RSI resistance which is not too far away. I favour a break of the RSI as it will be the fourth attempt, but if we fail I intend to close out some of my positions to stay...

NoFOMO_ Updated 

Bullish continuation on this asset, as long as BTC can hold current support. Almost an identical pattern from its initial rise many years ago. My only concern is they were delisted from the major exchanges not too long ago. Whilst that is normally bearish for bulls, some charts appear to have their own mind. This is priming up for another major move.

NoFOMO_

Caught the low on the daily, beautiful reaction to the upside with plenty of room to rip. Possible end of the altcoin bear market, I think this altcoin is primed for a massive run.

NoFOMO_

I had this as a buy at higher levels, but support was lost and I exited my position at a small loss. We have now dropped over 30% today, the earnings suggest 2-4 tough quarters ahead. But I believe this to be one of the best opportunities in the semiconductor space. It’s a smaller cap stock and they focus on providing metrology solutions, advanced packaging for...

NoFOMO_

Pepsi continues to look bearish. But as rates will likely come down towards the end of the year, the safer dividend plays become more attractive. Pepsi offers an attractive dividend yield and is considered a safe business to park money into. The chart suggests we will head towards the $122 level where there is a confluence of support. I'll patiently wait for a...

NoFOMO_

For all the hatred UNH gets, this company is looking like a buy after this huge sell off. We are approaching the golden ratio around $380. The company generates $100bn in revenue per quarter, hence why it’s a highly regarded cash printing machine. The bearishness may continue as we sit below the 200week MA. I have a worst case scenario of $300 where we have a...