allout06

allout06

NASDAQ:TSLA - Tesla - My thoughts. I'm strictly a technical trader, I go off what the chart and price action say. I don't invest long term or hold positions long enough to really care all that much about a company's fundamentals. I'm not a growth investor. Too impatient for that lol. I am what you call a "swing trader." I don't really day trade. I'll hold a...

allout06

BTC out look Weekly chart. If you're buying here....you're probably going to have a bad time in the mid to short term. I'm waiting for a pullback. We are moving into a major level on BTC between $46,400 and $50,000 in the red box. We do have a 1.61 Fib Level at $47,500. Marked out in Green. Since we've broken out of the weekly wedge at $30k, we have yet to test...

09:19

allout06

What I see on AMEX:FNGU - Purely from a chart perspective.

allout06

Looking at the daily chart. We sold off from a major level on the weekly and made a new lower low on the daily chart. Seems to be a head and shoulders pattern forming. Let's see if this plays out.

06:22

allout06

$98.30 is a major level of interest for me. I'm looking for a solid close below that level, then I want to see a retracement from that move so I can move into a short position back to structure and the weekly/monthly trend. I'll be a buyer between $76-$80 which is near the monthly coral.

07:27

allout06

Appears to have an inverse head and shoulders pattern on the monthly chart. With the quarterly and 6 month chart looking bullish as well. Good momentum behind this on higher time frames. I bought at $91 and buying again at $84.69, just above the lower monthly band. I show you why here.

17:38

allout06

DKNG met a long monthly down trend after a 250% rally from its lows and closed with what looks like a reversal pattern on the daily chart. Weekly THV is flat and Red as pricing continued to climb into the trend creating bearish divergence. Does Draft kings head back to $20 to meet the weekly coral or will it break out and head to $40? Time will tell. I'm...

allout06

NatGas looks kind of bullish to me on the 12hr time frame. We consolidated sideways out of the broken down trend. Then, we broke the 12h coral strongly, made a new high, then it has retraced back to the scene of the crime aka where the break out happened. This are is also where the 12 coral is now. Price is riding on top of it, and its rejected twice now. It's...

allout06

I don't know how this company is still in business. Started taking shorts here, and I think we're headed back to structure.

allout06

BTC Broke through the weekly coral and closed after testing the back side of the major down trend and a .61 Fib level, 3day coral and ribbon moving averages. I will start to take BTC futures shorts around $32k. There are a lot of wicks in the past between $30k-$33k and should see some selling there give then BTC is a very technically driven asset.

allout06

We are coming into structure on Oil and since it's a very technical market, I jumped into a futures trade at $66.55. Will add another contract if we drop. We should get a bounce soon.

08:05

allout06

We had some very nice price action off this long monthly trend heading back to Jan of 2014 and off a fib level of $.07. Our trix turned green on December 1st for the first time since March of 2022, then not again until Dec of 2019. Every time we get an engulfing monthly candle off this trend with a trix change to green, we typically go 500%-2500% to a top. I'm...

06:21

allout06

After bouncing and testing the monthly coral and being bullish on NVDA for the past couple of months, I think it's time for it to cool off and comeback to earth a little bit. We ran from the monthly coral all the way to the quarterly upper band without really missing a beat for a 112% run. There is a level of strong fib confluence and old resistance at the...

allout06

This is a follow up to my Weekly Chart Analysis. Daily TRIX and RSI are maxed out and fluctuating green to red in this major resistance zone. I'm expecting a pull back to $200. My stop is $256 in case we keep going.

allout06

I've started shorting $NVDA in this red box. This is the quarterly upper band, a 1.61 Fib level and it's an old resistance area from back in Aug/September of 2021. Daily momentum seems to be getting worn out and our daily trix is fluctuating between green to red with the weekly about to change to red. My first short was at $222.28, my next entry is $232, which...

allout06

For the 3rd time, Oil has tested this long term upper trend and failed on the 3rd test. Notice how last weeks candle closed solidly and through the lower band? (The white moving averages that trail under and over the candles) That is confirmation for me for lower prices. Also, our trix is now red again on the weekly and continues to stay red on the monthly. I...

allout06

Looking for a pop on the dollar and a pullback on Gold. Slight resistance at $105.50, then next resistance would be the daily Coral around $108. Which is previous major support.

allout06

I'm looking to buy Crude Oil futures around that $66 mark. It's market structure and lands right on this trend along with a 1.27 weekly/monthly fib. Looking for a bounce back into the $70's