TheOneToCee @TheOneToCee
Post forecasts on different names using confluence between strategies. Check out my highlights. Nothing here is trading or financial advice. Joined July 2021-
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$MSFT Update: The trade setup is there, clean invalidation and got the move up with consolidation (1-2) Would love a break to upside I expect much higher than these targets but for the short term, these will do 🍻
The sentiment seems to be changing, being long software and short ai is trending $MSFT broke the prior low before climbing hard on high volume News of Michael Burry and other big names buying/longing Microsoft are also helping with the new narrative Dare is say this might
$GLD Update: My overall outlook has not changed at all, I still anticipate a nice leg up soon (+20%) Need to wait for another trade setup to get invalidation line, but for a longer term swing it’s pretty solid, already am long and want to add more soon We got inflation data tomorrow and next day with CPI and PPI, let’s see how much they impact gold’s price
$GLD has not gone anywhere for a while, I think that’s about to change: Golds been on a decline in price while volume has been dropping I’d like to see a bounce towards $5000 before a final leg down towards $3200, would love to buy some physical coins there if we get there
$COIN: Upside Has an inverted head & shoulders pattern on the daily timeframe Coinbase has been chopping for the past few months and is due for a strong move up, this may be it Great risk reward, see how it will evolve $BTC #crypto
$SPX Update: Markets at a critical point, but I am neutral overall, prepared for either case Bought enough of the dip to not worry about upside and have enough cash to buy the downside Red path: The move up could just be an ABC and the real downside could start any moment, it should be hard and fast Yellow path: This is the start of a new leg up and is just consolidating, a slight pullback and a very a strong move up is expected Strong move up or down? What gives? - The market has not gone anywhere for a month and is awaiting on some certainty, so it is common to come across these set ups where it’s a 50/50 and a direction will be chose based on what happens. The Iran situation is rough and the ping ponging between the US and Iran can be seen in the charts. There is also inflation to worry for and unemployment. We shall see how this unfolds
This ended up being a great spot to grab $MU shares, sold mine for 11.3% today
@Charlesmkwayaya The place $MU bounced from today was pretty much perfect, we had the 38.2% fib retrace and the 50 daily ema. Now let’s see if the low holds If not, not a big deal, though the 38% retrace is a significant spot majority of the time
$SPX Update: So far so good, gap down and continuation ✅ There is an alternate path that can also be at play, but for that, invalidation to the red path is needed We could’ve ended the wave1 of the final leg and this is the the pullback for wave2 I have two yellow since it could start wave3 or chop for a day or two before going, just a heads up of the possibilities
$SPX Comment: Nice gap down so far, I am pretty annoyed at the bounce by open or my puts would’ve minted $SPX is chopping on the 1m timeframe, let’s see if it breaks to downside and continue the red path. Bears be careful if the gap down is filled ⚠️
$SPX Update: The setup for bears is here, $SPX closed the gap up and gave a clean hard invalidation for stops My targets are below 👇 I am a bit torn given how much $SOXX has dropped and I think $MU is due for a bounce, we will see how this all plays out soon
@Charlesmkwayaya The place $MU bounced from today was pretty much perfect, we had the 38.2% fib retrace and the 50 daily ema. Now let’s see if the low holds If not, not a big deal, though the 38% retrace is a significant spot majority of the time
$SPX Update: The setup for bears is here, $SPX closed the gap up and gave a clean hard invalidation for stops My targets are below 👇 I am a bit torn given how much $SOXX has dropped and I think $MU is due for a bounce, we will see how this all plays out soon
@kotofeyik I don’t mind being wrong, a trade is just a trade
$IREN and $CRWV the two names I’d like to see do great They both touching and bouncing from main trend lines, if narratives switches back towards cloud and data centers they should fly Already have a longer term swing that I’m down on, let’s see if a trade setup gets set
$SPX Update: So far so good, the w4 pulled back more than expected but we got w5, path has been behaving very well for a while now Idk how high the w5 will go but I expected the gap down at orange dashed line will hold (along with the blue trend line) I give it 10% change this is a 1-2 1-2 set up to upside which is super bullish, hence I’m not shorting until path becomes clear, just raising cash 💰
$SPX Update: Red path ended up being spot on, but what’s next? Seems like it got one more leg up on it before continuing down BUT I would not risk it, I’ve been taking positions off on this rally, still have most but I tend to play cautiously ⚠️
@zaferali2 @TrendSpider Oh man this name goes wayyy back, I forgot about it, thanks for the heads up 🤝
@TradeCycles It is possible to be an ABCDE correction, time will tell which plays out, I do think we will have a top mid Aug (as of now) so we both want a new ATH
$SPX Update: Red path ended up being spot on, but what’s next? Seems like it got one more leg up on it before continuing down BUT I would not risk it, I’ve been taking positions off on this rally, still have most but I tend to play cautiously ⚠️
$SPX update: I still think the blue path is continuing to play out, but wanted to add the red alternative to be aware of The blue path has been golden since I posted it pretty much at the top before all the pain came… hope that has been helpful 🤝
$OSCR first target reached 🤝 Up almost 40% since the below post
$SYM Update: Dropped all the way down to where I wanted to see and has bounced hard We have clean invalidation and great risk reward if aiming for a new high. I believe this will go way past the prior highs, but that would be for long term hold, not a trade Would want to see some pullback over a week to enter and add stops
May the Lord have mercy on $SYM bears if this count plays out From what it seems on 𝕏 robotics theme is up and coming and $SYM is good for it In terms of TA it’s riding above the prior trend line after breaking out In terms of waves it just looks insane (for the bull case
Mini $SPX update: Red path playing out great, $SPX did just close the gap that was created on June 22nd, I’m eyeing for a potential reversal all the way down to lower targets If it doesn’t, then I be watching for rejection from the blue trend line above
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