zimeaBlue

zimeaBlue

Hope everyone is safe during these volatile times. DXY seemingly completed its leg down and now looks to revert to its mean. A safe trade is using pitchforks mapping targets for where the mean reversion could rally to. Dollar strength is also supported by the overall macroeconomic environment.

zimeaBlue

The 2 year treasury bill yield has a well known high negative correlation with index prices as it represents the risk of short term capital allocations. When 2 year yields drop, stocks rally and same in the inverse. This is also true with the DXY, which represents the dollars value against other currencies and assets. When the DXY drops, the other asset tied in a...

zimeaBlue

DXY just posted a telling candle indicating it wants to continue the downward slide to 110 and possibly lower.

zimeaBlue

Apple has been getting killed in recent trading days. Thursday going -5% and Friday -3%. In total, just this week Apple has declined roughly ten percent and evaporated roughly $200billion in value. Luckily, the selling is seemingly at its relative lowest as can be seen with the RSI divergence from its 50 day RSI to its 200 day. Shorter Duration RSI moving far...

zimeaBlue

Bullish megaphone pattern can clearly be seen in various timeframes. Pt's on chart.

zimeaBlue

Doing wave tracing and it seems we are about to hit the third leg of the Elliot correction wave Considering how steep our A wave was, it may get very bloody. From an RSI divergence standpoint, we also look like we could be in for a decent retracement off the recent gains.

zimeaBlue

Bakkt seems to be in a bullish reversal as displayed in the graph. Trading from 2.25 --> 3.2. S/L at 2.15

zimeaBlue

There is a clear descending wedge occurring on lower time frames. Target is top of the structure.

zimeaBlue

Options flow showing puts are getting over-crowded. Let the bears squeeze each other. back to 410's by EOM.

zimeaBlue

As the title suggests, using basic support and resistance structure.

zimeaBlue

XELA is in a descending wedge looking for trade. The company keeps diluting so the chart is difficult to grasp therefore using mcap instead of price.

zimeaBlue

Weber is way oversold on no news and is now cheap. I think the shorts have overdone it with 50% of the float as SI%. Looking for a nice swing trade with this.

zimeaBlue

Options chain is loaded, any move approaching $1 will cause a massive Delta Squeeze. Trade at your own risk.

zimeaBlue Updated 

A Broadaging wedge can be seen on the graph. If the pattern is to play out, it would need to retest the higher bounds of the formation before a correction. This would also lead to a bearish divergence forming on the RSI as we would have a higher High on price with a lower high on RSI. I will be waiting to trade on confirmation.

zimeaBlue

Paypal is in the extreme oversold territory after an overreaction to their slightly disappointing earnings. It's also at the 0.618 fib for its macro wave making me particularly bullish on an entry here. Of course DYOR.

zimeaBlue

Running through a hypothetical where all CME gaps are filled on Bakkt.

zimeaBlue

Using Elliot wave and fib retracements. Himex is definitely in a bull run having drastically growing earnings and in the booming semi conductor industry. I think this one will perform well all 2022 with technicals pointed out on the chart.

zimeaBlue

$BBIG is being pumped and should be stayed clear away from if you do not want to be getting burned. No recent news despite launching 55% this week through subreddit shilling and pumping. I'd either be buying puts or staying clear away from this stock altogether as it is being manipulated through social media and can act irrationally.