bossmodetrader

bossmodetrader

BCH is always under the radar. Some think its a Chinese scam, others dont know anything about it. It appears that we are in an uptrend channel with a possibility of doubling from here. However could always go to zero too ;o I am going to lean towards the statement above though Merry Christmas and have a glorious weekend!

bossmodetrader

This has to pop.

bossmodetrader

Short term up, long term down.

bossmodetrader

What could cause the next sell off? 1. New virus mutations 2. No stimulus deal 3. Looming eviction crisis 4. Valuation concerns and earnings miss 5. Technical bearish divergence (look at all previous similar set ups on the chart) 6. Possibility of Govt shut down 7. Cyber security breach. What news can come from it? 8. Trump and recent Iran tensions If any or...

bossmodetrader

I love this stock but I dont love this MAGA Gap

bossmodetrader

3 reasons this view cannot be ignored: 1. There is enormous amount of money in the system. Where will all this money go to? - Option 1: Bonds? Well they are all negative yielding so I dont see anyone wanting to be in them and boomers are selling theirs after a mega 30+ yr run - Option 2: Real estate? Good luck! Tight inventory, shitty moratorium laws,...

bossmodetrader

I am just drawing lines and scribbles here. Don't pay attention. Oh hey look FUBO is running....the next ROKU! Wedge, megaphone, the W thingy with an extension. Am I just seeing things again or is this just some voodoo shit??? Every bear I know is dead, covered with blood and urine, laying in the dumpster somewhere. Nobody wants to short this thing anymore,...

bossmodetrader

I closed my position at $117. I am not buying this bounce. We could be building a H&S top here. Please do proper risk management especially after so much positive news for crypto lately and year end. Sentiment can change any minute. Happy Holidays!

bossmodetrader

Everyone is positioned for a dollar to fall. Remember when things get ugly and uncertain, where does everyone hide? No, its not bitcoin and its not GOLD or Silver. Could it be different this time? Maybe ... but I am not giving up on the King of Kings yet. Just have this on your radar and remember that in March of this year everyone ran to Uncle Sam to cover...

bossmodetrader

I dislike trading pharma BUT I like GILD

bossmodetrader

CLVS has been beat up for a loooong time. On a 3 hr chart it appears that we are seeing a bottoming inver H&S formation. Company also is making positive news about Rubraca that just met the primary endpoint of significantly improving Progression-Free Survival vs. Chemotherapy. Completely a momentum based trade with a tight stop loss. PS Never ever take any of...

bossmodetrader

I like everything about this one 1. Break out of the long term down trend (not completely out of it but moving in the right direction) 2. All macro behind it is looking great 3. Anti-inflation hedge 4. Very underpriced compared to equities 5. Rotation in commodities might be a theme for 2021 This is a long term, slow growing asset class. Do not expect any...

bossmodetrader

We are either in the process of building the right shoulder or we are slowly decaying lower to .47 zone. I like the falling wedge formation but I want to buy it only on the breakout. I like that 50 MA crossed 100 MA. I dont like the broad market equity sell off after market sniffed out that new stimulus package won't do anything other than add to inflation...

bossmodetrader

Seems appropriate to go long here

bossmodetrader

yes we are looking oversold, yes it feels sloppy toppy BUT fundamentals shmundamentals .... I see breakout of the big mega trend down and I see a break out of the mini up trend channel happening whithin a few days of each other. $145 is whats on my radar now

bossmodetrader

I am still in this sh!t coin and I still think there is a chance of hitting $1 (how and why we will do it - I dont know, I have zero confidence in any of the macro behind it because there is none). However, chart shows we had a very healthy and normal retracement to .618. It also shows a bit of a "rectangle" shaped range that we formed with yesterday's top...

bossmodetrader

Just leaving it here. May God Bless Jerome Powell and I hope he sleeps well without prescription drugs.

bossmodetrader

Chart speaks for itself. Down trend resistance line broker and retested (dont need to be a genius to see it). Sorta kinda bullish but its soooo weak. Nobody is pumping it, there is no macro behind it other than Bitcoin. People that are scared of BTC price buy XRP because (on paper) it looks cheap. Its cheap because it has no future and it will never EVER come even...