Stocks always go up... The stock market is designed to go up...
I hear this all the time, true indices are designed to go up because they contain a basket of the best performing stocks but individual stock picks... no...
My advice, learn to trade or buy the indexes
#GOLD, #Silver, #Platinum
All showing the same bull flag breakout pattern (silver in progress). You may ask: But it has shown this breakout before so why is this different?
Answer: because the breakout is at significant support / resistance levels πππ
#IPF; 248.5
Had the radar on this for a while as appears to be basing and as we know, the bigger the base, the higher into space...
Anyways, enough of that crap - chart looks good, await the breakout and re-test π
#POLN; 841
Bit of a patient one this one, still operating in the channel, still reducing on volume and making all the right noises.
A healthy stock reduces on volume near the breakout and as liquidity dries up, price increases... supply and demand...
#POLN; 862
I've had eyes on this a while and was stopped out after the breakout on low volume - lesson learnt! Back up to 862 and seeing volume dropping off. All good signs to a return to breakout point.
#GYM 208 (+15%)
I love a slow steady burner, now up to 15% gain since tipped and back within the channel after flirting with a breakout. Re-tests around 195 is healthy and I see this going much further to reach levels of 320 in due course.
Hate to say I told you so...
My view on expectations with #SpaceX but could go lower before institutions become interested.
Possibly Feb '27 before we see some sort of turnaround according to my predictions, but that dip sub IPO was way faster than I thought!
Watching the #SPCX saga emerge, I have no interest in it. History has taught me: Never buy on hype, have patience, watch fundamentals.
Some of the masters of the stock market in cash on the sidelines; Buffett, Minervini? Iran? AI Bubble?
This all sounds a bit odd...
#AOTI 85;
Interesting chart here, firstly a big gap down Jul-25. 2w later we see a huge volume surge, MACD cross in Nov-25, RSI return >30 in Jan-26, were now looking at an increase of over 37% from resistance in 1-2weeks.
Undoubtedly a re-test ahead but who knows after that? π
#BTCUSD; 64405
Thought I would have a little fun with predictions for where #BTC may go from here as indicated on my chart. Will be interesting to see how close I am...
#PALM; 135.0
General update, dipped below the 148 support line, this is to be expected in a stage 1 base - weekly is extended from the EMA30 & 50, daily is extended from the EMA50 and only just caught up with the 30.
Expect further backtesting during the churn
Watching the #SPCX saga emerge, I have no interest in it. History has taught me: Never buy on hype, have patience, watch fundamentals.
Some of the masters of the stock market in cash on the sidelines; Buffett, Minervini? Iran? AI Bubble?
This all sounds a bit odd...
#PALM; 166
Appears to be basing and accumulating to me. Upside potential is huge here but I will need confirmation over coming days / weeks to confirm the breakout - the return to 148, bounce off the 30EMA with volume is what I want to see.
#GYM 180
Base formed dating back to July 2023, now sitting pretty above EMA 50 and 30, testing the breakout and bouncing nicely off the EMAs. Could re-test 320 levels in due course. Interesting.
One thing I hate is gaps, it makes me nervous... check out #FTC example after filling the gap, it is on the rise again.
My view is this; if price extends beyond 40% of the 30 EMA, think about taking profits or move stop loss up.
Once the gap if filled, we await confirmation.
#AMCO; 146
I have had this on my list for a while now awaiting confirmation of the setup. It has arrived and I see this one using the current price as a platform to better things.
Volume ticking back up after a churn and price steadying between 130-154.
#FTC 365
With highs of over 480 the past few days, there is inevitable profit taking. This stock is likely to recover from recent highs soon enough but I will take profits myself and look for the next opportunity, a winner with a 128% gain!!!