TraderGG100

TraderGG100

Probable reversal at the $23.4 major support Supporting these claims are the 3D td 8 and the weekly TD 9 coinciding We have not established an uptrend yet (need higher highs and higher lows) But making some positions here then adding more if trend is confirmed can be a play With high short interest and negative sentiment this could be a good contrarian play.

TraderGG100

picture says a thousand words Targeting 48K by end of month.

TraderGG100 Updated 

AMC tends to mirror GME, or in some instances acts as a 'leading indicator' The secondary AMC pump after the correction from $20 actually occured 1 day prior to GME's massive pump back to above 300, hence a leading indicator GME has been consolidating for months in this symmetric triangle, but since AMC had pumped since yesterday, today may be the day GME also...

TraderGG100

There are reasons why Tesla could have a 10% move to the upside 4 Hourly red Td 9 - this has been very helpful in recent Tesla's history On support at 580 200 MA also sitting near 580 RSI daily oversold - in the last year this has only been touched twice, and only very recently. Could indicate even if Tesla is to go lower an upside move before downside...

TraderGG100

Many reasons to take a long trade within the next 7 hours. 1. TD daily set up support line at $47500 2. 12 Hourly TD 9 buy set up ( current candle until 7 hours) 3. Weekly 20 Ma support at 47500 4. Fear sell off resulting in futures premium reduction and brief backwardation - mostly a bullish buy signal Like previous trades only aiming for 5-13% gains...

TraderGG100

Technicals - Massive multi month head and shoulder with clean neck line break and retest on earnings day. Also a slanted right shoulder - an even more bearish sign within the head and shoulder patterns, and typically signifies insider sell off after initial peak. Also descending triangle within the right shoulder - added probabilities of downside Given neck...

TraderGG100

I think longing here at 54333 is the play instead of waiting for a correction I say this as mostly price fundamental reasons - Bitcoin premium index is negative on a 4 hourly up trend. Quite a rare phenomenon but when it happens usually causes a face rip rally. - Bitcoin July Premiums only 3.5 % - historic low for this futures contract. - too many players are...

TraderGG100

A descending triangle is forming on the 700 dollar support / prior break out resistance. It doesn't look great given it's revisited the 700 dollar support the 3rd time with a decreasing peak, thus forming the slope of a descending triangle. To be bullish price needs to reclaim 780. A 4th touch to the base of the descending triangle will make me bearish....

TraderGG100

I was long prior to this post (see previous CRSP post. symmetric triangle break out, bullish trade) Now from a symmetric triangle break out, looking like a A&E double bottom A clean break from $135 will lead to two target prices - $145 - top of paralell channel, also coincides with 20 weekly MA resistance - $167 - Price target of A&E formation. Happy trading.

TraderGG100 Updated 

Symetric Triangle consolidation for weeks Prices have narrowed - volatility is inevitable 10% stop loss vs 60% potential gains - given target price of height of triangle. Outcome of triangle 50/50 Would take the bet any day regardless of the outcome.

TraderGG100

CCIV is still ranging and recently very stable at $23 A big move is ahead of us, given that 1) Convergence of short / intermediate/ long term Moving averages 2) flatted MACD 3) relative low volalitility Reach the level of $24.50 again and there is a very high chance we move higher. I suspect the upside has a much higher probability than the downside I am...

TraderGG100

Nio has been hammered by a 50% correction and is consolidating in a pennant shape Usually penants in a down trend has a higher bearish probability but reasons for betting bullish is as follows: Technicals: Support at 0.5 Fib 200 MA / EMA support Daily RSI reached oversold daily MACD crossover - possibly bullishness to come Weekly TD 9 - incomplete but...

TraderGG100

Genomic hype has reached its peak almost 3 months ago (I remember all these youtube channels saying CRSP FUTURE BUY, around + $200. Obviously not everyone can win and was a top) Now that a significant retracement has happened a reversal is inbound Weekly chart TD 9 (incomplete however) Weekly 50MA support bounce Head and shoulder top revesal at prior peak,...

TraderGG100

60% decline from ATH Mass sell off and fear (entire EV sector) TD daily 9 inbound with TD 4 hourly 9 0.786 Fib base support weekly 50 MA support Target 50 Day MA ~ 50% gains Another unique trading opportunity, similar set up to chargepoint. (up 50% in days)

TraderGG100

70% decline from ATH bottoming out at 0.7 fib support Had its fare share of fear and panic I think within a 2-3 month time horizon we can see workhorse beig in the high 20's Ive sold my Chargepoint at $30 (bought at 20 see post) Using this money to buy workshorse.

TraderGG100 Updated 

CHPT chart 60% retracement from ATH double bottom formation TD 4hourly on a Red 9 buy signal today 0.7 fib support Trend reversal here likely Just buy this thing for a 50% upside

TraderGG100

Shorts: Tesla will reach a 4 hourly TD 9 buy today with a daily Td 9 Buy There is a chance we can reverse here, as other ev stocks are possibly also forming a double bottom Initial target of 700 and if prices can stay there likely higher.

TraderGG100

If you followed my previous CCIV post, I have bought the previous 23 dollar dip and sold at 30. The chance is back again for another buy, this time at 22.60 as of premarket today. A double bottom at the 22 dollar support is likely Sentiment is very bearish - good contra indicator looking for another 30 dollar 1st target if this reversal $22 Re buy is my game plan.