swimmax

01:26

swimmax

Hope you enjoy this brief overview of the UCO Chart as we look to further levels of resistance and support. We are above both the 50 and 200 MA so well within our parameters for upside.

swimmax

We have a clean break of the resistance at $51 for UCO and now look for the next level, which is a long way off at $117 range. But we will hold as long as oil production has stopped in Texas and the pipeline system is off-line temporarily.

swimmax

We are looking at OSK for long term resistance at the 98 level. If we can break above and close over 99.8-100 we could see a 10-15% gain in the market. Looking for 115 at that point

swimmax

Limelight networks is at a critical resistance level that dates back to 2019. We see that today's daily candle has a long wick and for the the most part denotes a significant sell/buy level. If we continue to push above the $4.75 level expect a continuation to the upside. If not, then a return to $3.5 is valid.

swimmax Updated 

Here is your next leg on BTC and it is conservative. If we break and close above the highs of $41.9 set a few days ago. Expect over the near term for a move into $60K. Right now the bull penennat stands from the base of the pole at 17.4K and we are just conservative on this. Trade wisely! look for the upside.

swimmax

With a break of the trend line and confirmation of that break today (Friday Feb 5) we will look for the next level at $45 a share. With pricing in oil going higher and more demand appearing in the market

swimmax

We are now touching a long term (march 2020) trend line that gives us an upside to this trade. As oil continues to climb above 55 we see this staying in support. But be careful of a pullback to 33 to retest to the 50 MA

swimmax

Confirmed now that 1380 is the major support level for ETH. With the past high January 2018 listing a 1380 close this gives us a new support after the break above. We are long for the short term waiting to see what the 1500 and 1600 now do for ETH

swimmax

Keeping very long on the uptrend, looking for a retest of 40K. Long term it is not unrealistic that we could see a return to the 20's at some time but in the near term we are bullish.

swimmax

We are looking for a bull flag confirmation on GE Daily Chart. We will be very careful for anything that is below $10.42 on the close. So far we are just seeing a pull back to 10.82 and waiting for further confirmation.

swimmax

So we have broken the large trend line support with the cross over 94 on the way down. It is no surprise that the stock market has risen an amazing percentage since then. Example: March 16 DXY 104 DJI 20331 (one of its lowest days of the year) Unless we change and break back to the upside the stock market will continue to climb higher and the dollar will...

swimmax Updated 

Even though we are forming a small bull pennant on CCL, we expect a break below the trend line and a return possibly to the $10 range at the minimum. Which should be a great buying opportunity heading into possibly March or April. If we get confirmation of sailing happening in May.

swimmax

If you bought during the end of the day on Friday you would see the pre-market strong breakout to the upside for AAPL at the moment. Watching the end of the day today for a return to $137.7x or just a touch of that line but expect a continuation to the upside.

swimmax

Now on BTC H1 charts we are coming to a wedge of sorts (bitcoin is really like no other). We are expecting for this uptrend to continue as they load up on more buyers in the 34-35K range. Depending on economic factors would could continue to see an uptrend but will watch this line closely for a return to 30K

swimmax Updated 

Finally after sitting on UCO for months we are at the resistance level of 38.xx if we can break past this our next target is 51.xx range. Sitting on a few shares of this always is a long shot but a good chance to get back into oil.

swimmax

If you have ever read the book "A successful investors letters to his son" then you know one of the key things he does is buy into Short Term bonds when the market looks to decline. We cannot time the market perfectly but putting this out there one of the better short term note products on the market. This and FLRN.

swimmax

Seriously don't have a chart for this. Way above any charting that I can do. My fib extensions are almost maxed out. Crazy times to be holding BTC, mostly from only $8K

swimmax

A daily chart of ETH with now hitting (and stopping on) the 2.618 extension of ETH. Could be either a short term pause on a continued rise or we could see a retrace.