Black Shirt Trader grinding the charts all day every day. Need to pick up the rocks to find the gems.
Boomtown, USA
Joined June 2020
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$QQQ Nasdaq Up Volume ratio positive divergence as it makes a higher low while QQQ prints a new low. Buyers are now being more aggressive buying the winners when compared to selling the losers. Early signs of a bottom.
$CRWD two week falling wedge breakout. Previous resistance now support. MACD curling up. New highs next target. I am long.
$CMI ascending triangle breakout to the upside, climbing the upper bollinger band. Looks good for a move to $600 in time.
You heard it here before the market even opened this morning
I expect we will see some bananas large capex spending forecasts at earnings tonight and tomorrow from $META and $SPCX with the success of Muse and Grok. Perfect time to grab some AI infrastructure names on sale today to hold at least into Friday. I will be using $SOXL as my primary trading vehicle.
I expect we will see some bananas large capex spending forecasts at earnings tonight and tomorrow from $META and $SPCX with the success of Muse and Grok. Perfect time to grab some AI infrastructure names on sale today to hold at least into Friday. I will be using $SOXL as my primary trading vehicle.
I see a lot more people saying to "buy" the Black Monday fear then people actually saying it will be a Black Monday. Don't go all in on a down open. There is still a lot of optimism out there. Keep some dry powder.
$RKLB has already fixed the manufacturing issue. Take a listen before you hit sell. $RKLB CEO is top notch. investors.rocketlabcorp.com/…
$QNT has hit hold nose and buy prices. Fabulous risk reward for a long trade oversold bounce to $40 or so.
$CIFR on track for 1st or 2nd HVE into 13 of 14 down days in a row into a debt offering. Max fear= Time too buy.
$QQQ bullish inverse head and shoulders. RSI confirming as shown with the arrow in the top pane. MACD histogram is now trending higher from lows printed 9/2, Measured move target on a breakout higher through neckline gives is $814 in time.
$QQQ inverse head and shoulders breakout above neckline confirmed. Next stop is measured move target of $836
$AAOI large descending triangle. From tightness comes expansion. I am long.
