FCEL gapping up again, really hope this can go to mid 3s or something today. If this thing takes out lods I’m gonna initiate a swing short on small size, but ideally it keeps going to 3/4/5 obviously. FCEL is just following this rising trendline, below that trendline I’m gonna start looking for a short, and the lows of the trendline also happen to be the lods, so that’s a good pivot for a potential short later.
I shorted 100kshares, not gonna go crazy with size I really wanted this thing higher, just a small swing short risking about 25c to make like a dollar.
ONCY gapping down, missed the entry on this unfortunately yday, first red 5min candle low 5.20s was the entry.
AVLR looks really good on the weekly chart too, going sideways for a year almost.
AXSM trying to get in another 1/2 size, I already have half. AXSM I got full size now 7kshares, there’s a lot of downside, really no support until maybe high 80s, and after that high 70s, was straight up 700%, I don’t believe things go up forever.
ITCI stopped in some short.
EEM just breaking out of a 12year range with hls, I think this thing goes to 70+ over the next few years.
STNE I think this thing goes way higher, should be closer to 100 imo, I should add, okay I doubled my position, little bit of a chase should have bought it 80c lower but I think it’s gonna make a big move.
This is technical analysis, it works what can I say, technical analysis works. Combining technical analysis with fundamental analysis is the winning recipe in my opinion.
Yeah I’m a fund manager, 32 positons, but most of these like I’m up a lot on these, like 1/3 stuff like BABA no headache only have to look at like once per day, then maybe 1/3 are tiny micro cap pump stocks that I think can double/triple and most of these I have my stops at or above b/e so these are not headaches either, then there are some stuff I initiated today but that’s like 3-4 positions, but most of these are low energy positions. Like two months ago I had 5-6 positions and I’ve been slowly building, now I have a bunch of long/shorts, that’s always what happens when the market goes on a run like this, it could be a sign of an immediate pullback, bc my positions always peak before a pullback, around the 30 number, always been magical in that way for the past couple of years.