This is my 2nd year of proactive measuring, tracking and reflecting on my trading.
2022 overall stats:
Total P&L: $4,863.66
%P/L = P&L / account size: 9.73%
Profit Factor = Gross profit / Gross loss: 142.89% (2021 profit factor: 2.17)
Win/Loss rate: 55.56%
R multiple = P&L / Amount Risked: 0.18 (2021: 35%)
R average: 35.50% (2021 30%)
My personal...
PAM was recently taken lower with concerns over demand for oil. However, profits have increased from 2020 to 2021. Add to this the elevated price of oil along with Exxon and Chevron reporting record profits and the outlook for PAM is solid as it operates through: Electricity Generation, Distribution of Energy, Oil and Gas/Petrochemicals. Debt to assets trending...
CEPU recently broke out from a range on good volume. Seems to now be testing the prior highs from above and is approaching a large accumulation volume profile node. CEPU has been trending higher on the daily and weekly charts. Energy is now starting to increase after having faced exhaustion on it's upward break out.
Outside of TA, CEPU has its debt to assets...
I've been interested in ASC since I opened my positions in Teekay Tankers (TNK) and Frontline Ltd. (FRO). The macro background is very positive for this sector based (e.g. transporting petroleum products). However, this price action has gone parabolic. Looking at the monthly chart it's a straightline up. It's in monthly and weekly exhaustion. Weekly volume is...
This stock has beat earnings for the last year. It's had a good run but it's without the volume to suppor the move. Plus, it has a small market cap.
Monthly energy is appoarching exhausted levels. Weekly and daily energy are both exhausted. It's following a similar pattern to March this year where it went parabolic then retraced heavily although at least that...
Even though it's pulled back significantly it's still in a weekly uptrend. Looking at the monthly chart, it's coming out of exhaustion and increasing energy. Currently at a large support node and there is another at .62. Also, near the Oct 2018 highs and testing from above.
Outside of TA the stock has a dividend of 10% and a P/E 2.89.
Balance sheet is healthy:
...
It's been a couple great days for CVC/USDC. Up over 50% in the last 24 hours alone. However, daily and weekly energy are now in exhaustion. I would avoid chasing this coin. Let it consolidate and restore energy for the next leg up. If it's a tight consolidation it could form a cup with handle pattern. This would put the next move up around 1$ after consolidation.
LRC recently formed a cup pattern from good weekly and daily volume. The top near .60. The bottom close to .20. However, energy levels are in exhaustion on multiple time frames (weekly and daily). Today's daily candle looks to be a shooting star candlestick. So I would recommend waiting for the "handle" to emerge for this cup and handle pattern to complete. As the...
ADA has formed a solid base and has recently broken out on decent volume. The bottom of the cup is about $1. The top around 2.50. Meaning the upward target on the next leg up should be around $4 (top of cup + depth or 2.50 + 1.50). After 6 solid weeks of gains the weekly chart is in exhaustion below 40. Additionally, volume is starting to taper off. We should...
It's been a wild few day if you are holding Doge. Instead of chasing this if you weren't in it before, I'd wait it out and see how it plays out for a bit. The volume is amazing although the energy is exhausted on the daily, weekly and monthly. Additionally, this pattern has played out a few times with Doge, huge spike up then significant pull back:
Feb 2020
...
DOT had a great month although at this point it should consolidate. It's run out of weekly energy and daily is only starting to recover. Volume is starting to slowly taper downward on both weekly and daily timeframes.
It's been a great week for The Graph. While I do think it will continue upward to complete the cup pattern, I suggest caution. Volume has started to pick up, however it's trending towards daily exhaustion. Current levels aren't huge accumulation zones so I would recommend either a short term play with an exit around the previous resistance zone of .80. Or if you...
If you are interested in accumulating BGFV you could consider selling a put. If it reverses, like is has in the past you pocket a % for the reversal or if you wanted a decent entry why not get paid for the pullback? It might not feel great entering this position although it's paid off the last few months as the stock continues it's upward trend.
Weekly volume is picking up for XTZ it's been steady up since the start of the year
Weekly and daily energy is charged up
Weekly and daily charts are trending up
On the weekly chart it's in heavy accumulation zone ($2 to $2.90, currently holding at the upper threshold)
Outside of TA:
Coinbase is offering a 4+% APY rate
Other wallets and...
I see a convergence of bullish factors.
Longer time frame uptrend
Healthy pull back into consolidation, where it's been range bound within fib retracement levels
Price has defended the 61.8% level, multiple times
Daily chart energy is recharged
Weekly energy building back up out of it's current exhaustion
I've been accumulating under the .5 percent...
