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EGLX powers up from messy

Posted by ridgetopab on 15th of Jan 2021 at 02:09 pm

EGLX powers up from messy pennant break out

Appetite for risk still apparent

XBI divergent double top, up >50%

Posted by ridgetopab on 15th of Jan 2021 at 02:05 pm

XBI

divergent double top, up >50% since Sep low

DMTK looking stretched, money flow flipped -ve

TMAS .. end of the

Posted by ridgetopab on 15th of Jan 2021 at 01:06 pm

TMAS .. end of the "managed" move

Perfect stairs steps up and elevator down

2020 bonus cheques deposited so they all need a better buying opportunity for 2021 :)

TMAS.CA ... market maker managed

Posted by ridgetopab on 13th of Jan 2021 at 04:52 pm

TMAS.CA ... market maker managed trade?

Too spec to post earlier but,  the 60min chart has an interesting pattern to review

Systematic buying with late day profit taking.

I scaled out a bit too early.  

TMAS -Chart Link


SIGL _ Warning  Maybe Elon has

Posted by ridgetopab on 13th of Jan 2021 at 04:34 pm

SIGL _ Warning 

Maybe Elon has too much influence

MarketWatch - Article Link

SIGL - Chart Link

Beyond crazy  -  still holding on 1,263% above long term market value

QBTC.TO ... Bitcoin ETF pure

Posted by ridgetopab on 12th of Jan 2021 at 10:47 am

QBTC.TO ... Bitcoin ETF pure play NAV appears to track price fairly well

3iQ Digital Asset Mgt - Website Link

QBTC.TO - Chart Link

QBTC/U.TO  in USD

Fund for Ether in USD - QETH/U.to

GOLD COT report

Jan 8 Gold COT - Link

 Just a normal day in the markets.  Filled gap and held support.

Not much volume for the -4.8% move in GDX.  Commercial short position up slightly.

Deflation/recession sounds like the current concern and if yield/US dollar rises no driver for gold price

NUGT 2X leveraged play on $GDM and has problems mirroring the index- recommended for day trade only - note gaps compared to index.

$GDM - Chart Link

NUGT - Chart Link

TSLA ... relative value measure

Posted by ridgetopab on 8th of Jan 2021 at 11:23 am

TSLA ... relative value measure at an unbelievable level

Setting up for the largest market cap gap (down) in market history?

Excerpt paragraph from Guardian article:

 Grantham cited shares in the electric car maker as an example of the market bubble. “As a model 3 owner, my personal favourite Tesla tidbit is that its market capitalisation, now over $600bn, amounts to over $1.25m per car sold each year versus $9,000 per car for General Motors. What has 1929 got to equal that?”

The Guardian - Article Link

BITW ... NAV 35.74 intraday  FOMO

Digital currencies

Posted by ridgetopab on 8th of Jan 2021 at 10:02 am

BITW ... NAV 35.74 intraday 

FOMO big time

BITW Investments Link

FTFT ...from  the 01_07 Nasdaq

Posted by ridgetopab on 7th of Jan 2021 at 09:28 pm

FTFT ...from  the 01_07 Nasdaq most active list

McClellan site article on Nasdaq volume worth a read

Article Link


ACDC ultra speculative Green energy +

Posted by ridgetopab on 7th of Jan 2021 at 04:32 pm

ACDC ultra speculative

Green energy + Block chain in one company - the next Tesla!  ha,ha

Nice gain from the $ 0.03 low

News Release - Link 01_07

ACDC -Chart Link

BPT Smart Stop Is redundant

PTON example

Posted by ridgetopab on 7th of Jan 2021 at 03:52 pm

BPT Smart Stop Is redundant i.e.   BPT = Smart :)

BPTS  (BreakPoint Trade Stop)  - Brand It

Alternate - FS (for the Frailey Stop)

ALGN on watch list Potential short

Posted by ridgetopab on 7th of Jan 2021 at 02:52 pm

ALGN on watch list

Potential short on pattern break, option OI low, Feb 3 for Q4 reporting

One of those stocks where insiders only sell, recent Analyst upgrade PT $625

ALGN - Chart Link

Link - COT report data "smart"

Posted by ridgetopab on 4th of Jan 2021 at 08:58 pm

Link - COT report data

"smart" money positioned for more downside in gold and silver

FSP  short played out Nice setup

Posted by ridgetopab on 22nd of Dec 2020 at 04:19 pm

FSP  short played out

Nice setup on initial channel break _ Target about 3.15 now.

One for the watch list if it recovers, commercial (office) real estate does not sound like a great hold right now

Commercial Real Estate - REIT  8.72% div yield with negative earnings /sh

HAYN short Retest of pattern break

Posted by ridgetopab on 22nd of Dec 2020 at 04:06 pm

HAYN short

Retest of pattern break today - rejected

Tight stop  _ fib targets

Insider buying in Aug at $20 +/- before falling to low of $15.14 in Oct

EPR short Vaccine news spike quickly

Posted by ridgetopab on 21st of Dec 2020 at 04:57 pm

EPR short

Vaccine news spike quickly faded

Real Estate investments that required social density for earnings

Target a potential retest of Oct low.  Held above 50dma today , next test then fib below


Bitcoin Tesla correlation just for

Posted by ridgetopab on 21st of Dec 2020 at 04:41 pm

Bitcoin Tesla correlation just for fun

Log scale charts have similar pattern

Just risk on / risk off parallel trades?

$BTUSD - Chart Link

KRR.TO (KRRGF) Nice move off Nov

Posted by ridgetopab on 21st of Dec 2020 at 04:18 pm

KRR.TO (KRRGF)

Nice move off Nov low with news resulting in the gap up days

mine resource increase from exploration drilling results

hit initial target, on watch for  flag or pull back with gold price

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