jstrasburger

jstrasburger

Tesla (TSLA) is approaching a critical technical juncture, nearing a multi-year resistance trendline that has capped previous rallies. With strong momentum and improving fundamentals, a breakout above this level could signal a significant upside move, positioning TSLA for a potential rally toward $410. The company's continued innovation in EV technology and...

jstrasburger

Golden Minerals ( AMEX:AUMN ) is showing potential for a continued strong move upward, especially if it continues to hold above the key declining support level (currently around $0.21), where it recently bounced from. If buyers can maintain this momentum, we could see the stock climb toward the $0.35 resistance level. As volume starts to increase and momentum...

jstrasburger

I've certainly been wrong on AMEX:AUMN in the past, BUT I have always had proper stops in place to protect from the possibility of waterfall losses. I personally believe it's time to try again. Gold & Silver appear to be breaking out and the setup is (once again) in play for AUMN. Below the teal support box is when to exit the trade . That's when you know...

jstrasburger

After an embarrassing 1-25 reverse stock split and a free fall clearer than Tom Petty, is AUMN going to recover? After getting stopped out of my previous idea, is this new arc valid? I don't know. But what I do know is that a risk/reward ratio of 103 is too good to pass up. Not financial advice.

jstrasburger

The Nasdaq has shown remarkable strength throughout the year, outperforming market expectations and surprising many investment strategists. In late January 2023, the index experienced a bullish breakout, marking a significant positive signal for growth after a year-long downtrend. However, it's important to note that a bearish pattern has recently emerged,...

jstrasburger

IMO, Gold has one of the clearest charts that I can find. Clear overhead resistance levels (which leads towards the mania phase), clear trend support of upward channel (which is the first sign of a potential breakdown/pullback), and a clear area of a confluence of horizontal & arc support (which is the last chance for bulls to reclaim). Do what you wish with this...

jstrasburger

QCOM appears to be ready to pull a Wile E. Coyote and run off a cliff. Not a good look. The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you...

jstrasburger

IMO, Golden Minerals, AUMN , has arguably one of the best and most bullish setups I have ever come across. It will be fun watching this one play out. Amazing risk/reward play with easy invalidation levels as well to protect yourself in this trade. The featured content is intended to be used for informational purposes only. Everything shared here is my own...

jstrasburger

Is it finally time to be bullish on gold and silver mining stocks? A lot of indicators are pointing to YES. There will certainly be pullbacks along the way, but with interest rates rising and war tensions overseas, precious metal stocks are beginning to gain a lot of interest. NYSE:AUY will be the perfect example of that. The featured content is intended to be...

jstrasburger

A clear bull flag has formed on everyone's favorite meme coin, BINANCE:SHIBUSDT . Will a Super Bowl ad trigger the expected breakout? Possibly, but regardless of the catalyst, we are expecting a bullish breakout in the near future. As a bonus, zoom the chart out for our mid term target zone! The featured content is intended to be used for informational purposes...

jstrasburger Updated 

Litecoin COINBASE:LTCUSD is still within a consolidation range (shaded box). This is very similar to what happened with Ethereum recently. Once we get a break above this area, look for Litecoin to make a move that will melt faces. I'm looking for a target of around $400 by late October, with possibly even more upside into December. If we break up out of the...

jstrasburger Updated 

With all the fear mongering/hype regarding the Delta variant, along with newly implemented mask and vaccine mandates, the idea of more lockdowns is just around the corner. Because of this, I plan on playing this low risk / high reward short setup in the Dow Jones Industrial Average TVC:DJI or AMEX:DIA ). This play is being used slightly as a hedge against any...

jstrasburger Updated 

An absolute monster bearish setup is underway for the TVC:DXY . Inflation is coming! Is this the crisis that initiates the inevitable switch to digital currency? Everything shared here is my own opinion and no results are guaranteed. Good luck!

jstrasburger Updated 

Litecoin has been my main focus throughout this bull market in cryptos. Let's zoom out on the COINBASE:LTCUSD chart. You can see the rising wedge pattern that I've been covering for the past 6 months or so had a decisive break down around mid-May. This was our flashing "sell signal." But as you can see from the arc structure, this bull isn't done running just...

jstrasburger Updated 

What has been going on with Bitcoin lately? Is it ready to breakout to new all-time highs or is it actually starting to form a top? The arc illustrated in the chart is a common topping pattern, so if you are a Bitcoin bull (which I am), you don't want it to keep staying within that arc. You would want to see a break upwards out of that arc for confirmation that...

jstrasburger Updated 

I tried to be as clear as I could with the takeaway message of this ratio chart. When you get to the top of the channel (red bubble), it's typically a great time to sell LINK and buy BTC. When price gets to the bottom of the channel (green bubble), it's typically a great time to sell BTC and buy LINK. Suffice to say, I am using some of my BTC profits to scale...

jstrasburger Updated 

When looking at the 10 Yr Yield chart, the price is currently sitting at a key area of support. A breakdown of that support could lead to a massive move to the downside. This would be enough to send equities and commodities soaring. A bounce from here should take yields right up to two big areas of resistance - first, the recent high around 1.75 and long term...

jstrasburger

In continuation of my most recent post on COINBASE:BTCUSD , the topping pattern has held strong (so far). Was Elon's tweet and the China FUD all just perfect, coincidental timing? Or did the technicals tell us ahead of time that we were in for a major correction? Either way, Bitcoin appears to be trying to put in somewhat of a V-shaped recovery, BUT will the top...