Posted by DigiNomad on 27th of Mar 2024 at 04:44 pm
KRE - I can't believe I'm considering a long, but maybe just
have to ride the waves. I do think that some fundamental support
gives traders an edge even in very short term trades...but many
would disagree. It's in prime bull trap area right now
though. If anything, it's a short with a tight stop...and then
consider reversing long if wrong. Could go with IWM instead but
that's a watered down version of what's giving it the juice...if
you're a bull.
Posted by DigiNomad on 18th of Apr 2024 at 11:46 am
KRE - my previous posts on this have been aging well
The weekly has a big H&S look.
However, if that triggers, I think QE also triggers....which
means buy buy buy. There are already some shenanigans going
on in the background to prop it up (Global central bank liquidity
readings say as much), but when they go open kimono about it again
it will mean they are flooding the zone and that's when I will be
running into whatever assets I can find that inflate while they
incernate cash (again).
Posted by DigiNomad on 1st of Apr 2024 at 02:09 pm
KRE - last Wednesday I posted: "It's in prime bull trap
area right now ...If anything, it's a short with a tight stop and
then consider reversing long if wrong."
Vicious bull trap so far, but it looks a lot more tempting
from the long side now that the trap has sprung, despite the hand
grenade fundamentals.
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KRE - I can't believe
Posted by DigiNomad on 27th of Mar 2024 at 04:44 pm
KRE - I can't believe I'm considering a long, but maybe just have to ride the waves. I do think that some fundamental support gives traders an edge even in very short term trades...but many would disagree. It's in prime bull trap area right now though. If anything, it's a short with a tight stop...and then consider reversing long if wrong. Could go with IWM instead but that's a watered down version of what's giving it the juice...if you're a bull.
KRE - my previous posts
Posted by DigiNomad on 18th of Apr 2024 at 11:46 am
KRE - my previous posts on this have been aging well The weekly has a big H&S look. However, if that triggers, I think QE also triggers....which means buy buy buy. There are already some shenanigans going on in the background to prop it up (Global central bank liquidity readings say as much), but when they go open kimono about it again it will mean they are flooding the zone and that's when I will be running into whatever assets I can find that inflate while they incernate cash (again).
KRE - last Wednesday I
Posted by DigiNomad on 1st of Apr 2024 at 02:09 pm
KRE - last Wednesday I posted: "It's in prime bull trap area right now ...If anything, it's a short with a tight stop and then consider reversing long if wrong."
Vicious bull trap so far, but it looks a lot more tempting from the long side now that the trap has sprung, despite the hand grenade fundamentals.