pov_investor

pov_investor Updated 

I was anticipating some pressure at the $600 price area, but instead i got some aggressive buying. I think higher we go from here if the momentum keeps up.

pov_investor

Looks like this bounce is turning into a decent retracement/reversal in the crypto markets. The velocity of this retracement is a great demonstration of how many eyes we have interested in #Bitcoin

pov_investor

It would be wise to consider some gains here or at least pay attention to price action in anticipation of some resistance. Whatever happens next, we will adjust our trades.

pov_investor

Though i was not a big fan of today's price action, I want to remain objective and continue to use the 50MA as a key price level. As the markets are still quite turbulent, it would be wise to consider tighter stops.

pov_investor Updated 

Although i'm not much of a bottom picker, i think this one has declined enough to a point where it looks interesting (especially with the recent trading activity). I'd like to get on this action and throw in some starter positions and will add to my trades if i'm correct. #datacenters

pov_investor

#ETH #BTC If we can maintain $500 and clear $550, then higher we go. If not, anticipate some sideways price action.

pov_investor

But it is good to see some support on #Micron around the $50 price level. If market conditions continue to improve, then I think this one has more upside potential.

pov_investor

#Salesforce is dominating the enterprise marketplace in #CRM and different sub business marketplaces. With just a gut-feel analysis (disregarding quantitative facts), I feel that this company has become a gold-standard in the marketplace.

pov_investor

Microsoft is approaching not only a daily breakout, but also nearing a weekly breakout. With the historically stable up trend and robust management, I favor this one to the upside. Keep in mind this is one of the market's most concentrated holdings (~725B Marketcap)

pov_investor Updated 

$GS $SCHW $IBM In anticipation of earnings, I typically like to get more neutral in my positions. Earnings are typically more speculative than normal trading. I'm anticipating bullish news from $LRCX

pov_investor

I've been eyeing this area for quite some time now and I think this is a great area to consider a position.

pov_investor

If volatility continues to decline, this instrument will experience tailwind. I'd like to get a starter position here in anticipation of more volatility decline.

pov_investor

Looks like the rest of the indices are rallying right now. What i want to see next for $QQQ is a solid break of resistance where it previously gapped down. Basically clearing 166 and 170 would be ideal on this reversal.

pov_investor

Nice move to the upside and crossing over the MAs. I was just about to add some to my position, but this one got away as I was driving. This is a great lesson for myself to focus on taking the opportunity when i see it.

pov_investor

I think if Ethereum can continue to hold $500 price level, then this will set itself up well for some more upside. Until then, i'm expecting some consolidation due the selling pressure we previously had.

pov_investor

I think there is a good chance for a follow through momentum move in the next few trading days.

pov_investor

$SPX $QQQ $DIA $IWM $VIX Clearing the 38.2 fibb line was very good to see. If we can clear this 50MA next, I think we have a good chance for a reversal to the supside.

pov_investor

After a long consolidation move towards the downside, this one finally broke out to a directional upside above the major moving averages (good to see).