Have been following the short cycle on NEGG for a while. Its just about that time yet again. Seeing some early activity. Can it get back above $1?
Noticed an interesting pattern between the SPY and BTCs wyckoff formation that tricked a lot of retail into holding the bags on crypto. Are MMs doing the same for stocks?
With the FED continuing to offload its assets, it looks like we could actually enter a period of deflation.
Can't help but see a giant textbook bear flag appearing on the daily chart. Anyone have thoughts?
Poor TSLA earnings looks like it could drag ARKK back down to lows. Interestingly the this ARKK crash is almost 1:1 with the NASDAQ dot com crash. Lets see if it stays with that pattern.
Interesting find that NEGG is being shorted in almost perfect cycles since 2021. Could be a fun short squeeze play end of December or into early January 2023.
In relation to my other idea. This shows there could be some upward momentum on NEGG in the coming weeks before another large chunk of short sale volume enters the market. I have entered into a small position trade here. Will add more if it looks like this idea plays out.
Studying FDXs 2008 bear market pattern. Looks like we are going to rapidly rise into next week and fill that gap before dropping off a cliff?
If you believe in the future of this company, its starting to enter a great accumulation zone. Can previous highs of the past decades now act as support for this stock?
Been a while seen i looked at BTC at the macro level. Looks oddly familiar to my call on SOL being a massive impulse wave. Could be ugly for the foreseeable future.
ARKK is looking oversold for the time being. Looking for a nice DCB before seeing some capitulation sell off.
AAPL no longer king? Recession, supply issues could see the stock fill the gap at $96. I also don't see APPL making new highs for the foreseeable future. Could be a kangaroo market going sideways for a while.
AMZN is looking pretty nasty as of late. Official recession is on the horizon, could we finally see that gap fill at $49. Will also be watching the MACD for some divergence to signal the bottom.
Currently NFLX is looking like a 1:1 copy of the sell off from 2011 and 2012. Which would imply that we see another way down in the coming months before finally bottoming.
Taking a look at TSLA today vs AMZN in 1999 dot come bubble. The similarities are pretty striking. Look out below?
Revisiting a previous idea of noticing giant VIX waves. Looks like our current one is ready to move upward again for 2023/2024. Will it be a rapid rise like 2008 or a slow and steady pace like 1999?
Playing around with some 2000 bubble collapse patterns. Looking like if we continue with this standard pattern we could see some major volatility in the near future. Going to keep watching $uvxy for good entries in Nov/Dec 2022 and another play in 2023. Best of luck out there!
Finally hitting my price target. Great time to buy some discounted Algorand. Will be buying weekly to get my average price in the $.50 range. If price can hold this area of support we could see ALGO setup for a fantastic bull run in 2023-2024. Good luck all!