taylorbray

taylorbray Updated 

MAR looking for continuation of the uptrend after tagging the weekly trigger. Stage 1 of this trade is looking for a break of daily trigger and attempt at PT1 ($244: Yearly R1, Quarterly breakdown) within the next 1-2 weeks. Using monthly EXP (6/14). Stage 2std would be a break and successful retest of daily (around $240). Probably wont roll contracts, instead...

taylorbray

printer mode Massive bullish volume, fundamentals are favorable if you're a value person. Still hasn't broken out though. I'm late to the party, but not too late. Pullback to POC could be a nice add, or whatever strategy you have. Probably short term extended going into this week. Banks getting massively bailed out. Idk for what, and idc

taylorbray Updated 

BTC was trading like a risk asset for a good bit, but seems to be acting like a currency alternative now. The DXY is currently popping, so watch out.

taylorbray Updated 

This is an interesting strategy. From my little bit of back-testing, RSP seems to work best just because it is a breadth indicator. Seems to work better in more volatile times with bigger moves. Daily timeframe only. Basically, tracks overbought and oversold conditions but can signal momentum shifts and trend. Looking for long trades above, short trades...

taylorbray Updated 

one of the more overlooked semi names. shorter term play, monthly contracts or at least a week or two of time. filled one gap, looking to fill the other near just short of ATH. watch that swing POC and previous value as support (210-212), bears want to get below and reject to get some emas crossing. EMAs defended as price checks daily trigger, price...

taylorbray Updated 

XOM (inverted scale) seems to have a rough correlation with the U.S. Dollar Index Full disclosure: I am building a long call position in XOM. Dollar looks toppy here, but I believe it will trade sideways more or less until Powell's next FOMC in mid June. If he announces a "skip" then the DXY should start heading back down. As that recessionary pressure is (may...

taylorbray Updated 

Still kicking since beginning of 2022. Higher for longer

taylorbray Updated 

Weekly VWAP from the covid low, paired with a multi-monthlong bull divergence could provide for a nice pop, or a good spot to cover shorts. Macro focus will determine the move

taylorbray Updated 

This is a double down post. Squirmy while trying to bottom on the RSI. Buy signal today - if you're being conservative - according to this short backtest. Last MAR post was a riskier/predictive entry.

taylorbray Updated 

Purely technical analysis, do your own DD on fundamentals. I personally like the fundamentals given that Roblox is the 28th most visited site in the world and has an exponentially growing user base. This is mainly technically based. Few things you should watch for in the next 4 quarters: - Yellow (27 DEMA) line is defended above Orange (129 DEMA) line -...

taylorbray Updated 

Didn't want to post this until it broke above the earnings date AVWAP because, according to Brian Shannon, you don't really have confirmation until you trade above it with some strength. I'm currently long $110C for 6/16 @ 0.53 Daily annotations showing a lot of bullish signs. - Bounce off of year-long trendline support - Big accumulation volume at the EOM...

taylorbray Updated 

Updated this to the weekly chart timeframe as I want weekly close updates, not Wednesday updates (that's when the fed data is listed)

taylorbray Updated 

Not a single rally has been accompanied by such terrible breadth. Not a one. Once the smoke clears, the monkeys will regret buying >20PE on flat growth and earnings beats that have been steadily adjusted down. Massive RSI divergence, but saved this week by the tech monkeys from making a significant lower low. Hold on to your cajones.

taylorbray Updated 

Alright, I'm comfortable with this now. RSI divergence, Stoch RSI super strong, Deltas flipping from bear to neutral This is still not confirmed, set a stop under 161/162 spot (or whatever your spot might be, 160 is the last low) Buy some time, probably a month worth of theta would be good enough, maybe less depending on your general market outlook. Probably 165...

taylorbray Updated 

Dont dabble with crypto too much, but the chart is too clean not to post. RSI not showing a lot of strength, but as long as the previous low vwap is held, I think BTC is ready for another leg. If we dip below, ~23,500 would be a great spot to BTFD at the vwap from the bear market low. Pure chart, no fundamentals.

taylorbray Updated 

One of the more oversold chip stocks due to slowing forecast in recent ER. Forming a very solid base at weekly vwap support, RSI moving up and forming a divergence on 1hr, 2hr, and 4hr. PT would be around 171 mayyyybe 172 BUT, we would have to trade over the sellers vwap, earnings vwap, AND a higher high on daily RSI by the end of this week. Looking at the...

taylorbray Updated 

Buffet name, pretty good value name in this environment Insiders buying pretty heavy fundamentally, - operating margin was up significantly in 2022 at an average of 36.6 - net income up huge over the last 6 years average - assets to liabilities is solid: ~75b in assets, ~45b in liabilities - free cash flow up significantly last year, and well over 6yr average -...

taylorbray Updated 

Breakdown of rising wedge, rejected daily VWAP from ATH General market shift has hit this name hard. Chips were the leaders of this recent rally, not surprising that this name is one of the first to turn. Support at HKEX:86 on 4hr timeframe, HKEX:83 on daily timeframe. Lose both of these and you're triple confirmed. Earnings will decide this move, and if...