cornbread32

cornbread32

3 hr timeframe - long white line is a high to high downtrend resistance - broke early this AM with some goood volume. I'll post targets on the follow up post. Interesting defi project that helps capital efficiency by allowing holders to use staked assets for loans.

cornbread32

I think we may see BTC start to really break out - the 2 white downtrend lines were both broken with today's candle on good volume. Lets see.

cornbread32

Market leader of old and one of the leaders this year in $CVX - this shows the ratio of CVX/AAPL - I put a rectangle around some candles I found interesting. - pink circle shows the breakout -blue arrows shows the RSI trend CVX right now is trading at a multi-year high, I don't know how much higher it can go - what I do know, is every chart I am looking at on...

cornbread32

Follow up to last post - last post had 3D candles, this had W candles

cornbread32

Just a clean chart to look at on the monthly candle - channel is clean cut and looks healthy - I think from an unbiased view that it is setting up for some chop but I do think path is higher. Looking at the cycle of 14, we saw 3 tests on the RS flip 1 before ultimately headed from 5k to 70k - What this chart shows me is that we shold see BTC fall below 29K one...

cornbread32

Oil has been red hot since the pandemic - many ask if they are late, and I do not think so. Reasons why I am bullish oil - Ecomm - shipping and freight are going to have to adapt to keep up w pace of adoption and need for quick deliveries. Primary source of transport across the oceans is still tankers. Underinvestment in hydrocarbons - we are not ready for...

cornbread32

World for some reason keeps feeling shakier and shakier - added some defense to portfolio by adding $GLD. Took a look at the chart and I'd have to say it looks like we are working on a years long cup and handle, where we just broke through the right flag - let's see if we see a pop higher or it is a fakeout.

cornbread32

Arkansas Best Freight or Arcbest Freight $ARCB is a stock I have owned since last dip after earnings, my cost is around $59 dollars a share. As a whole, I am confident in trucking and freight and that is due to the massive shift to ecommerce thanks to COVID. They specialize in asset based deliveries - but more importantly are trying to grow with their asset light...

cornbread32

On the chart I have my notes on the multi year trend lines - if I had a crystal ball, I'd say the dollar is headed for all time highs before 2024

cornbread32

Taking a quick look at ETHBTC. My conclusions from the chart is that it looks like we are in the midst of a cup n handle, the psychology fits as well, as my anecdotal evidence has seen more favorable bitcoin > ETH SOL recently. I thi www.tradingview.com nk we see ETH nd SOL take off through R1 R2 and R3 by year End