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VSCO trying again

VSCO

Posted by foody518 on 27th of Feb 2024 at 10:48 am

VSCO trying again

VZ - given that it formed that kind of weak trendline backtest lower high, would it be more likely this current move down has more downside?

thanks for showing APA

DG moving up

DG (Dollar General) 

Posted by foody518 on 27th of Feb 2024 at 10:17 am

DG moving up

Hi Matt, would the short

XLC chart

Posted by foody518 on 26th of Feb 2024 at 06:39 pm

Hi Matt, would the short entry trigger be just under today's low, or a little lower than that, given that it today's candle is within the pattern?

XLC hourly, a little precarious

Posted by foody518 on 26th of Feb 2024 at 04:09 pm

XLC hourly, a little precarious looking? There is a gap to fill below. The daily just closed below its 20 day MA

VZ 50 day MA touch. Wish I had bought more than 1 put...

I bought a put on VZ rather than shorting shares (open long position on VZ), definitely targeting the 50 day MA, not sure if there are compelling further downside targets in the short term, aside from a symmetry target of that larger pullback

VZ bear flag playing out

PRT -  oil and nat

Posted by foody518 on 26th of Feb 2024 at 10:01 am

PRT -  oil and nat gas investment trust. Mind the small market cap and small trading values. ~10% annual dividend, paid out monthly, My plan it to buy low and hold, in one of my tax-free accounts (HSA, Roth IRA)

There will infrequently be weeks at a time due to my work where I am not in a position to be active daily, and for not sure intraday/during market hours, with regards to trading, so the format and frequency of the MSA newsletters works for me. I am using them as a signal for when to start paying closer attention to when the risk/reward should be better entering a space, and for a longer duration or stronger move. 

Other miners to watch -

Posted by foody518 on 26th of Feb 2024 at 12:06 am

Other miners to watch - momentum based analyses

Most MAs on AU positioned to cross bullishly

JCI - suggestions for upside

Posted by foody518 on 23rd of Feb 2024 at 03:03 pm

JCI - suggestions for upside price targets? Use fibs?

PM - couple of percent move in an undramatic fashion, in a week or gap up gap down action.

Matt or Steve, I have

Posted by foody518 on 22nd of Feb 2024 at 03:46 pm

Matt or Steve, I have a question about price / volume bars (shown in one of the weekend newsletter charts). Are "thin zones" a risk as a future target, or price tends to blow right past those going up/down? 

Thanks Steve, appreciate the guidance. I am noting the symmetry break (larger pullback) as well. 

VZ - thoughts on short term scenarios? Bullish, or bear flag looking? 

Yes, VIX is the volatility

VIX signal has been perfect

Posted by foody518 on 22nd of Feb 2024 at 02:01 pm

Yes, VIX is the volatility index of the S&P 500, and the state of the close the day after the day VIX first closes outside of the Bollinger Band is the buy/sell signal on the S&P 500 index

Yeah. A coworker at the office mentioned seeing news of the market at all times highs, and I asked, why didn't financial news tell you to buy when things were low and you would be up 40% since late 2022.

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