PZtrading

New account: @PZtradingquant

[PZtrading @PZtrading]

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I will only repost content from that account going forward since I decided to create a new one.

Cheers🍻

[PZTradingQuant @Pztradingquant]

Is it time to be a bit worried (read excited) for a correction in the stock market?

Nasdaq currently looking quite weak

$NDX

[PZTradingQuant @Pztradingquant]

We need to talk about $NDX / $BTC

Bitcoin looks crazy cheap here compared to Nasdaq

[PZTradingQuant @Pztradingquant]

Uranium Energy Corp - $UEC

One of the best plays on the uranium thesis.

Nuclear energy will play a massive role in the coming years, just look at the pace of China's buildout.

After a 55% drawdown, the risk-reward profile here looks very attractive for the stock.

[PZTradingQuant @Pztradingquant]

Iren Limited - $IREN

On the 3D timeframe, the 200 EMA and 200 SMA are both sitting very close to the current price.

I think there's a decent chance that price will find support in this green area.

Invalidation would be 2–3 daily candle closes below this level.

[PZTradingQuant @Pztradingquant]

Micron - $MU

Watching this area on the lower timeframe for support.

It's hard to tell whether there's more upside left in this one.

With massive gains often come significant drawdowns. Is 35% enough?

We'll see.

[PZTradingQuant @Pztradingquant]

Tesla – $TSLA

I only find this green area appealing for going long on Tesla at the moment.

Currently, the setup seems to be playing out quite well.

Price has slowed down on the downside and respects the area.

[PZTradingQuant @Pztradingquant]

Microsoft - $MSFT

So far, so good ✅

Price bounced off the support area as expected, which gives me confidence that the zone is being respected.

Let's keep an eye on this chart and follow up in the future.

[PZTradingQuant @Pztradingquant]

I think one of the hardest things for investors to do is master their own psychology.

Everyone knows that you should buy low and sell high.

So why do so many people lose money?

They let their emotions consume them, leading them to make decisions they never planned on making.

[PZTradingQuant @Pztradingquant]

I have been bearish on silver for a while now, that time is coming to an end soon

Silver here looks a lot better than in January

We will see triple digit numbers again in the coming years, mark my words

First target is highlighted

[PZTradingQuant @Pztradingquant]

Broadcom – $AVGO

The stock has fallen roughly -27%, and I see a much better risk-reward opportunity at these levels.

If this support area holds, bulls can expect new ATHs.

[PZTradingQuant @Pztradingquant]

The upside target for Bitcoin is based on fib levels and when reached I would say it is a decent place to take some chips off the table.

[PZTradingQuant @Pztradingquant]

Bitcoin – $BTC

There is a chance that the bottom is in. If not, I strongly believe we will bottom in the green zone

The risk-adjusted returns for BTC are very favorable, in my opinion

Catching the exact bottom is impossible, but identifying a rough range is very much possible

[PZTradingQuant @Pztradingquant]

Gold - $XAU

Still has not hit my second target on the downside

Would like to see $4000 level broken to create some more fear before a bottom is made

[PZTradingQuant @Pztradingquant]

Silver - $XAG

Creeping lower into the mid-50s.

My downside target has been hit and I'm satisfied with the drawdown.

However, silver had a massive run and may need more time to bottom.

Prices in the white box are very interesting to me. The orange area is an even better POI

[PZTradingQuant @Pztradingquant]

$ETH / bitcoin:native

Looking very interesting here, moment of truth kind of moment

Breakout here above the 200 EMA / MA could set us up for a bigger relief rally

Rejection here and Ethereum likely dumps during the summer

[PZTradingQuant @Pztradingquant]

The Trade Desk - $TTT

Seems like a really attractive risk reward bet imo

[PZTradingQuant @Pztradingquant]

Gold - $XAU

Very close to reaching my second target⏳

It is starting to become a very attractive bet to once again be a gold bull.

[PZTradingQuant @Pztradingquant]

Silver – $XAG

Finally reached sub $60✅

I think there is a high likelihood that silver bottoms between $45 and $56.

[PZTradingQuant @Pztradingquant]

Despite Bitcoin being down 53% from its highs, my portfolio hasn't suffered.

How?

Simple. I stayed in cash because my system told me to.

No point getting too excited too early.

Bitcoin is still clearly in a strong HTF downtrend.

[PZTradingQuant @Pztradingquant]

Amazon – $AMZN

Currently sitting at the 4H EMAs. I'll be watching for a reaction here.

Otherwise, I see liquidity sitting a couple of percent below the current price.

Let's see how it plays out.