kidze

kidze

Steel had a massive rally from the March 2020 low. Not calling it just yet but it sure does have all the symptoms of a top: Extended run. 3 legs usually end it. Topping weekly 9 being bearing engulfing bar. Printed a weekly 13 sequential on the way back up with low volume and this last week see big volume down.

kidze

Strong runner. Not too sure about valuation. Square of Canada. Technical-wise, I'm seeing exhaustion. When you have a runner the third extension is a good taking profit point. If fundamentals support it and the stock wants another run I would anticipate a longer base up top.

kidze

I'm not a crazy apple fan boy but I sure am a big $AAPL stock fan boy. Just zoom out a bit and saw how wonderful an add is at the daily 9 buy if you believe in the stock long term. The 9s don't always mark the bottom of the pullback, but they are close enough :) When you know something has great fundamental and its stock just keeps going up, just add on the 9!

kidze

I did a simple ROIC sort search and found this business being one of the top. I am a technical guy but I take a glance at some fundamental numbers sometimes and $ETSY pop out to me as a pretty good value play. Did a rough DCF and I believe with a conservative revenue projection and a margin of safety $ETSY imo is worth around $40B. Yes, I still look at technicals...

kidze

Wedge pop. Big impulsive move to a combo 13. Pull back has low volume. Bounces of resistance turned support. Holding up wedge. I'll buy into any weakness. 256.13 good spot to add if it drops there.

kidze

I'm spraying orders on $DLO for this wedge pop round $61 to $65. Strong relative strength IPO name. Got faked out last time but I like this setup.

kidze

$BMBL has already made a 50% down move from IPO high - a pattern I myself have observed to be working really well. I applied this observation to the $HOOD play and it worked really well. $BMBL printed a very good-looking 9 day above TDST support a few days ago. Looking to buy this reopening play. Other dating stocks should also be on watch. I currently am...

kidze

why? Stay away! Yes it is cheap, yes it looks like capitulation, but why get yourself into the headache? China won't let any business get too big and gain power anyway. Keep that in mind. I keep posting these setups but if I took the trade I got out quickly. Catching a knife is dangerous. But if you're still that guy who is convinced this is the opportunity of a...

kidze

great combo 13 signal near the 25% entry off of strong impulsive move in Jan. A bit late but I'm going to accumulate shares in any pullback.

kidze

Have been watching this ticker like a hawk. Those following me on twitter also noticed I have a few shares average $40.3 on $HOOD. It breached the 9 VWEMA today with strength. I'm going to buy any pullback going forward. the 50% drop from IPO seems to be a trend. Spraying orders between $46 and $40

kidze

strong relative strength. building a nice sideway base on top of a nice round base. Nice spring on Sep 17.

kidze

another IPO I'm watching that is reaching its 50% drawdown from IPO high. IPO tends to react or reverse at those levels (if it's a good business). We also have finished wave 5 down target. Nice up volume day on Sep 17. Just a watch, I would wait for a great impulsive move before entering. Bottom might come in the form of daily Sequential or Combo 13.

kidze

I have been watching lots of strong growth IPOs and thus have missed these beautiful $SKIN entries. A big impulsive move form $21 to $28, then pulled back to $23.77 Big candle to the 25% projection (which should be initial entry if you are aggressive) then coming back to 12.5% projection 3 times. with wicks! It is a bit late for my taste to enter now. However I...

kidze

Does $MRNA act off of support and resistance? We will see. If we end the day with a hammer then bullish. Intraday 5min chart has a big hammer with volume too. I have already exited on Sep 10 and Sep 13 for a profit. Not a hold for me though.

kidze

Yes I have posts about $SPY $SPX having a monthly combo 13. But I'm still bullish. Let's assess the situation: WE DON'T WANT TO HOLD CASH. Cash is burning 5% a year. No one wants cash, people have to put money into something. And the best option is still stocks, historically and always. Speaking technical, we are at the 25% of the move from $422 to $446. Also at...

kidze

$HOOD consolidating in the 0.786 and 0.886 fib levels. Need a candle closing over the 9 VWEMA, holding above it and a nice green volume day as well to trigger me buying. Megabulls can start their position in this area but I prefer to wait

kidze

missed my entry at $65.27 break. It is the standard buy level at 25% of the up move measured from the pullback. Tech IPOs have had a strong run. $QQQ today looks to curl and recover to break new ATH so new tech IPOs are the play. Look to enter if there is any pullback.

kidze

I prematurely entered and prematurely exited at a loss. But now that $MNDY has consolidated around the 9 and 21 VWEMA. It is looking good again.