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BTC been seeing some massive targets by bulls from 200,000-500,000. Cathie Wood is ultra bullish on the top end 

Matt, Is there a way

Posted by fundamentalvalues on 3rd of Dec 2020 at 09:15 am

Matt, Is there a way that we can receive notifications when someone replies to our public post? There are times when I post something then can't look at the board here again until later on. Then I'm trying to pan down through all the comments to look for replies. Thanks

When you guys say something

Posted by fundamentalvalues on 3rd of Dec 2020 at 08:59 am

When you guys say something is "coiling", is there another more common term for it?, they usually look like triangles to me where price is coming to an inflection point, or as you often say, "energy is building" I guess a lot of this is trader terminology and can be called a bunch of things

Great work Matt., this is a great strategy. These stocks set up the best when we can align a market pullback and get a better entry near supports or as they hold major mas. The biggest movers as they  have the biggest earnings. Dan Zanger (Chartpattern) works on the same kind of names like IBD as I'm sure you know. 

I agree, it usually means they have strong earnings behind them, which is what ultimately makes stocks go higher in the long run. Of course keeping an eye on general market weather and price action of both is always the right idea. Please keep featuring the IBD and Motley fool stuff. Great work

$HUYA Potential double bottom here,

Posted by fundamentalvalues on 2nd of Dec 2020 at 10:11 am

$HUYA Potential double bottom here, I'm now long via calls. Blackrock bullish on asia as 2021 risk assets leader. Regulatory concerns are a smokescreen for cheap share accumulation. They will increase targets soon and then let it go. Also, $BABA interesting as I prior pointed out off the lows

Thanks for reminding about this Steve, I had somehow forgotten about it. Will keep it front of mind as there are points where I know being disciplined is the right thing and price is most important, risk/reward, etc., though the market doesn't seem to care. Patience has rewarded me in my plan rather than trying to force things over time. 

I just started a position

Posted by fundamentalvalues on 24th of Nov 2020 at 02:01 pm

I just started a position in $HUYA , did some January 2022 calls. Reverse H&S pattern and consolidating above 200 day support here. Hit em where they ain't. Patience, risk/reward, love that Tencent is involved. Massive opportunity. Could see this one doubling or tripling over the next year. 

Presidential transition news, vaccine, and

Posted by fundamentalvalues on 24th of Nov 2020 at 01:57 pm

Presidential transition news, vaccine, and clarity on next treasury secretary all helping the market today. RSI now 64 on the $SPX and getting more complacent. Happy to add to my hedges here while collecting amazing profits in pieces on the way up. Have had some massive winners, $ERX went $8s to $16.20s for me so far, I did take a good bit off. $APTS low $5s to near $9 and it is going double digts, $OPES a recent big trade $10s to $12.70s and not done yet, merger nearing, then the big long term $ starts, so many to list. Seeing a lot of great trades being made, congrats to all. 

thanks Steve, ugly candle today on $SPX..let's see if it can reverse by day end or if we have more downside to go. My preferred view is 3,440s gap fill to start, but whatever the market decides, I'm ready. Crazy complacency right now

$OPES hopefully some joined me

Posted by fundamentalvalues on 23rd of Nov 2020 at 11:58 am

$OPES hopefully some joined me when I gave this a few sessions ago at $10.90 with the 9/13 cross. They had a filing Friday night, merger coming very soon now. I have warrants. Common has been flying too, just hit a new hod at $12.67 

One of the best longer term values in the market if investing on levels. They are like a diversified fund in what they do. Great chart you did on it

re: it's like okay in perfect world would it be nice to have created a system 10 years ago that was perfect and I never needed to modify or add new improvements to, yeah but this is real life.  And many of these people I write back to will not subscribe because I tell them that I made adjustments and improvements to the systems, they were not locked in 5 and 10 years ago, crazy.

My comment: Sounds like people who want zero responsibility for their decisions. You're better off not having them for subscribers as they aren't really traders. These types are better off just following a 401k KISS system. I think it is great that you share what you are working on and that it isn't perfect. It shows that you are pursuing growth ongoing. Thanks for your work Matt

Great trade on TSLA, I like the BABA idea on the weakness here, buying levels for next year. No position 

Thanks so much Steve. Being here with you guys and having the accountability is great. Day in and out reviewing what is important. Remembering my rules. Plan and act accordingly based on my tolerance and plan. Knowing the market conditions and important levels. Attached is my favorite of reminders you posted a bit back. 

$OPES to become Burger Fi

Posted by fundamentalvalues on 19th of Nov 2020 at 11:25 am

$OPES to become Burger Fi before year end, through merger/acquisition. I think sooner than later. Great set up here crossing the 9/13 MA. All aboard 

$APTS I sold some more

Posted by fundamentalvalues on 19th of Nov 2020 at 11:10 am

$APTS I sold some more in the $8.40s today. Hope you stayed in with me from the low $5s call a bit back. Still undervalued long term as it heads toward double digits, even though overbought shorter term. 

$SPX Don't forget the 5

Posted by fundamentalvalues on 16th of Nov 2020 at 10:52 am

$SPX Don't forget the 5 gaps below including today's. There is major risk here to the downside now, at least for a pullback in an ABC. 3,440s is reasonable to start. I continue to sell some into strength and hedge here

I meant 3,570s premarket head bump, not 3,470s. 

Great stuff, thanks for sharing. The 5 gaps below on the $SPX are nothing to ignore either. Risk/reward this is a fast trading environment. Nobody is respecting a pullback now. I think we get some downside to the 3,400s to start, and possibly 3,300s. As Steve pointed out in the newsletter. The vaccine isn't available. Market is ahead of itself here as it usually is. I did take that fast trade yesterday via SPXL on prior day gap fill and sold pre market this morning as we bumped our heads against 3,470s. Some great traders here and the accountability and sharing has focused me on price and away from the noise. Improved my results a lot since being here. Thank you Matt, Steve, and everyone here. 

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