Smoke Signals

Firefighter. Stock picker. Using charts to read the smoke before the fire.

[Smoke Signals @smokesignalsTA]

$ENPH

This chart.

—On support
—200 day MA now trending up
—Backtesting breakout

Energy entering a new era.

[Smoke Signals @smokesignalsTA]

Learning how to read price charts and do basic technical analysis is an important life skill. Not advanced, just basic.

Yet, the vast majority of the population know nothing of charts.

It should be taught in school.

[Thierry from arvy 🇨🇭 @ThierryBorgeat]

Gold → Copper → Energy → Agricultural Commodities?

[Smoke Signals @smokesignalsTA]

Lastly, here is RUN/XOP directly. Very clean.

[Smoke Signals @smokesignalsTA]

Building the case for $RUN

Backtesting descending trendline on the weekly chart and in a horizontal support/buy zone.

[Smoke Signals @smokesignalsTA]

In summary, energy is headed higher.

Solar looks to perform well as the cost of energy increases.

And Run itself is set to potentially outperform others in the solar.

[Patrick Karim @badcharts1]

Gold, Silver & Crude Oil

The three amigos always end up together!

[Smoke Signals @smokesignalsTA]

$USCUF

Symmetrical stair step to each price range.

I’m in at $0.097. Hope to hold for the long haul on this one.

[Ben Rickert @Ben__Rickert]

The Russia-Ukraine conflict looks set to splinter the world into two distinct trading and financial systems that are aligned across the US and Chinese axis triggering a long bout of sustained inflation that will impact commodity and food prices over this decade.

This inflation will come in three waves:
- Rising energy prices
- Repositioning commodity supply chains
- The birth of a new reserve currency - gold/silver as neutral reserve assets.

Asset prices (stocks, bonds and real estate will deflate, while essential commodities (food, oil and metals will increase dramatically.)

Prepare accordingly.

[Smoke Signals @smokesignalsTA]

@PrognosticApex Congrats! I have a little one myself. Good times.

[Northstar @NorthstarCharts]

$300 oil isn't just possible, it's PROBABLE as we transition into epoch #4, but keep telling yourself it can't happen if it makes you feel better...

[Smoke Signals @smokesignalsTA]

@Wlthmaximalist @PrognosticApex testing long-term relative support,
~42% below its 30-week relative-strength MA,
approaching a historical downside-zone,
multi-year bullish MACD divergence,
long-term good RSI structure.

I wouldn’t treat −48% as some magical buy line, but the rubber band is stretched.

[Smoke Signals @smokesignalsTA]

@Wlthmaximalist @PrognosticApex does

[ApexPrognosticator @PrognosticApex]

$USOIL going higher...

Is great for alternatives...

A few that have been running hot on my scanner the last week or so...juicy setups!

$RUN
$SEDG
$FLNC

[Smoke Signals @smokesignalsTA]

@PrognosticApex And $RUN

[Smoke Signals @smokesignalsTA]

@PrognosticApex $TAN sitting on long term support relative to $XOP

Great sector setup for $SEDG

[Smoke Signals @smokesignalsTA]

$TAN $SEDG

Solar sitting at twelve year support relative to major oil producers.

And $XOP (oil producers) is trying to break out of a bullish inverse head and shoulders pattern.

[ApexPrognosticator @PrognosticApex]

$USOIL

Volatility contraction pattern in oil.

Odds of reopening by end of year in the toilet.

Actual tracked transits near historic lows.

US Admin trying to jawbone oil prices lower.

US Admin threatening military action to keep rates in line.

This is about to get explosive. Hard assets are going to trump paper in the next decade.

Higher energy costs will drive demand for alternative energy like natural gas, coal, solar, uranium... Which will also drive demand for batteries/storage as people try to save the expensive energy. Agriculture benefits from all of this as well.

People are focused on PMs, but Silver is expensive vs most other commodities, doesn't matter if you compare vs Oil, oranges, avocados, etc...

The real money will be made in commodities outside of PMs. World Reserve Currency Status changes do not happen without war and oil is far more important during war than PMs.