25R Trade. Expecting at least a +15% move. 54% Chance of Success. Based on 60% probability of pattern being successful and 90% chance that the stock market has not peaked yet. - So going with the trend.
... for an 87.50 debit. Comments: Adding at strikes/break evens better than what I currently have on ... . The ROC metrics aren't what I generally like to see out of these (2.0% or greater), but it's shorter duration than my usual wheelhouse (45 DTE) ... . Metrics: Buying Power Effect/Break Even: 87.50 Max Profit: 1.50 ROC at Max: 1.71% 50% Max: .75 ROC at 50% Max: .86% Will generally look to take profit at 50% max.
AMEX:IWM CAPITALCOM:RTY AMEX:TNA ?? Here I am, standing before you again, putting my name on the line and going against the GRAIN and telling you I believe we just bottomed on the AMEX:IWM The Russell 2000 is front-running this pullback and we are about to see a bounce next week and BIG push into year end! Here's WHY ? Before we take a look under the hood of the car lets talk about the weekly chart. Everything is still good: H5 Indicator is GREEN, Williams Consolidation Box is thriving, and we are on the volume shelf. Now lets take a look under the hood at the daily chart. ? Daily Chart Analysis: -Most important we are at the bottom of our Wr% Range and at the Green support bounce zone. As you can see every time we've been here over the last three months we've bounced for an average of 9%. -We broke down through our first level at $238 and are right at what I believe to be the final boss before we have our move higher. Why? Simple $234.66 is the previous ATH dated back to the end of 2021. So, I'm coming at you for the 100th time so it's engrained in your brain: A break of prior RESISTANCE needs a retest in order to FLIP it into SUPPORT. This is what I believe we are doing at this time at the second level of right under $235ish. -You may be asking yourself well how come we don't go down to the $228 level. Great question, it could happen but I don't believe it's a strong probability for the reasons laid out above and the fact that we've already flipped that area from resistance to support. Also, we would be caught up in a Anchored volume profile GAP that measures down to $220 and I don't believe we are at that level of a crash instead of a pullback...yet! -Speaking of Anchored Volume Profile Shelves we are currently holding on to this one even at the Level 2 support area. -As I always say we could Lit grab/ flash crash down to the weekly 9ema that sits right around $232 before we fake out to the down side and push back higher towards ATH into year end. In summary, I believe the AMEX:IWM has just bottomed and we’re poised for a bounce next week with a strong push into year-end. The Russell 2000 is leading this pullback, and both weekly and daily charts show positive indicators. With our H5 Indicator green and strong support levels holding, we’re ready to break higher. ??$259 ?$306 Not financial advice.
Looking like all time high in progress. Let's go... A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. This is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
#ID has some of the finest patterns the market made a good rise after hitting the past demand zone and also made a good correction which hit the fibo 0.62 level and also VWAP
This is the 3 month chart going back about 25 years. MSTR peaked in March 2000 at $333. It's formed a 24 year cup and handle that broke out earlier this year from the $333 cup top. When you clone the cup depth on a log chart and add it to the cup top it gives a long term astonishing price target over $42000. For 2025 I'm not expecting that target. It could get their in the next Bitcoin cycle in 2029, however. I've tracked MSTR and Bitcoin prices since Microstrategy started their Bitcoin acquisition program in August 2020. Since that date it has acted as 2 fold price leverage to the Bitcoin price gain to the present. It has acted in the last two years as 3 fold leverage to the Bitcoin price as its relentless purchasing of Bitcoin is now 423,000 for about $25.4 B or about a $60000 DCA. Current profit on these Bitcoin at the current $100,000 price is $16.9 B. Microstrategy is expected to be included in the Nasdaq 100 on Dec 23, 2024. The announcement is expected tomorrow. A massive number of ETF's are tracking this announcement and are expected to pump billions into MSTR stock over time. If BTC goes to $500K by May 2025 and trips the pi cycle top indicator again then it will have gained 400% from the present. 3 fold leverage to the BTC 400% gain would be 1200% gain from the $393 current price or 13 x $393 = about $5100. I am biased; I recently purchased MSTR stock as a leverage play on the Bitcoin price.
ETHEREUM has reached a short term high of 4000 USD per coin. Unfortunately the coin hasn't gained momentum after reaching this price. The 3rd wave has terminated and we have ticked off all the conditions that ensured that the termination is valid. we also seen liquidy at our 0.786% fibonacci retracement level after our first imminent drop after reaching the psychological price level of $4000. We could potentially see the price drop to around $3000 or less per coin. After this drop then we will see some sort of a great exponential bullish sky rocketing run. But for the weeks to come it will take a while to see the price drop to the price level of $3000 or less due to alternation. Our 2nd wave correction was sharp and fast and now we will be seeing the price of eth drop but at a much slower rate.
Globalstar, Inc. (GSAT) has been thrust into the spotlight following major announcements related to Apple collaborations, 5G technology developments, and a strong strategic push toward satellite-enabled connectivity. The stock has seen increased market interest due to a combination of technical and fundamental catalysts. Key Fundamental Catalysts: 1. Apple Partnership Expansion: • Apple has committed $1.7 billion to fund a new constellation supporting iPhone and Ultra Watch satellite features. • Apple is expected to take a 20% equity stake in the constellation for $400 million. • Applications include emergency SOS features, health-focused sensors, and connectivity for remote areas. 2. Band n53 Spectrum Utilization: • Globalstar recently achieved its first 5G data call using Band n53, with download speeds of 100 Mbps. • Applications: Mission-critical systems (robotics, AR), autonomous vehicles, and industrial IoT. 3. Financial Impact: • Revenue is projected to double in 2025, driven by satellite service expansion and high-margin agreements. • Apple’s additional funding of $232M will help refinance existing debt, improving GSAT’s balance sheet. 4. Nasdaq Uplisting: • Globalstar plans a reverse stock split and uplisting to the Nasdaq Global Select Exchange in Q1 2025, which could attract institutional investors. Technical Analysis: Current Price Action: • Last Closing Price: $2.03 (-8.78%) • The stock has shown increased volatility, reflecting market reactions to major announcements. Support and Resistance: • Support Levels: • $2.01 – Immediate support. A break below this level could see the stock test $1.63. • Resistance Levels: • $2.29 – Initial resistance. A breakout could target $2.73 and $3.57 in the medium term. Indicators: • MACD: Currently bearish (MACD↓), reflecting short-term selling pressure. • Volume: Increased volume indicates heightened interest from traders and investors. Price Pattern: • The stock appears to be consolidating within a channel, with a potential reversal upon breaking key resistance levels. Trading Strategy: 1. Short-term Approach: • Entry: Consider entering near $2.01 with a tight stop-loss below $1.95. • Profit Targets: $2.29 and $2.73. • Use caution as the stock remains volatile due to high investor speculation. 2. Long-term Outlook: • GSAT’s collaboration with Apple and its expansion in 5G services position the company as a growth stock. • Potential for significant gains if the company successfully executes its strategic initiatives. • Consider holding for long-term targets of $3.57 and $4.50. Risks: • Execution risk in deploying the new satellite constellation. • Dependence on Apple for significant funding and technology collaboration. • High stock volatility may lead to sharp corrections. Conclusion: Globalstar (GSAT) represents a high-potential growth stock backed by strong fundamentals, including 5G technology leadership and a transformative Apple partnership. While short-term volatility persists, the long-term outlook remains bullish for investors willing to weather short-term fluctuations.
Brandon Biggs, who predicted in detail the assasination atempt of Donald Trump, in his words: "the bullet flew by his hear". He also predicted a massive market crash. https://www.ndtv.com/world-news/donald-trump-assassination-attempt-bullet-flew-by-his-ear-man-predicted-trump-rally-shooting-4-months-ago-6105912
#IMX has a good pattern for a rise the market has higher prices before and the pattern is perfect this was my last analysis on this coin ??? https://www.tradingview.com/chart/IMXUSDT/4CQfVKv7-146-profit-on-IMX/