BNKU long entry setup
1.TA with trend line
2. 2 scenario is different tp
3. good apportunity to long
4. inverse head and shoulder is still vailid ( good support )
5 and good luckyyyyy to u
FNGU trade ideas
NRGD a 3X Leveraged ETF that shorts oilNRGD goes up when oil goes down; this ETF tracks the oil futures ; it is leveraged and managed.
Here on the one-hour chart with an Bollinger Bands and EMA bands indicator added, it can be
seen that price had been trending down in two waves beginning June 1st , Upon dropping
outside the BB lower line, price reversed upward to reach the upper BB line and reversed again.
Finally, price dropped outside the BB lower line and reversed this past Thursday. The RSI
oscillator has recently trended between 65 and 40, suggesting healthy price action without
and oversold or overbought conditions. As it is now trending up again. I see it as suitable for a l
long trade. I have plotted horizontal resistance lines in order to plan a tiered exit from a trade
of 4 shares where I will partially close the position by selling a share each time price reaches
one of those lines. At the same time, I will move the stop loss up to midway between its l
location and that line. I will repeat this until all shares are sold. I am expecting a 12% profit
overall for a week-long trade. This will be a free trade without risk after the first move of the
stop loss to above the entry point. If the RSI remains below 80, I may let the last share run
until I am alerted that price has hit the BB upper line by an alert or alternatively set up
a trailing stop loss of 2%.
Is it time to short the big banks with BNKD again?As shown on the 4H chart BNKD, a triple leveraged ETF inverse to big bank stocks has had
ups and downs reflecting the chaos in the banking system with some failures and federal support
or takeovers. Online banks are thriving while some smaller regional banks are challenged with
a portfolio of bonds and treasuries bearing low yields. Price is presently at the same level
as the high of December 22 and low of April 23. This level is acting as support also allowing for
a narrow stop loss for a long trade. Price is below the high volume area of the long term
volume profile which equates to the fair value area. Accordingly, BNKD is oversold and
discounted below fair value into the undervalued range. It is below the mean anchored VWAP
line and in the area of one standard deviation below that line. The zero-lag MACD shows an
early impending cross of the lines under the histogram another suggestion of a reversal
I will take a long trade with the stop loss directly below the horizontal support line by
$ 0.25 while the first target just below the confluence of the POC line and the mean VWAP
@ $.13.90 while the final target is $ 15.60 near the top of the high volume area. I see this
as a safe long trade with a high R:R and profit potential.
BULZ- a 3X leveraged FANG ETF High Tight Bull FlagBULZ on the one hour chart is showing a high tight bull flag which typically heralds a bullish
continuation. The tight consolidation channel formed today at the POC line of the volume
profile. The zero-lag MACD shows the lines under the histogram and about to cross. The
histogram itself has dropped to a zero amplitude. The trigger for the bullish continuation is
price rises out of the regression channel and above the POC line. BULZ is a triple leveraged
ETF holding the FANG stocks including META, GOOG, AAPL, NVDA and all the others. BULZ
could spend another day consolidated and then run the remainder of the week. The 17% run
thus far could be repeated in the days to come mightful however of the leveraging.
I see this pullback as a great entry into a stock pattern that typically results in a resurgence
of bullish momentum. I have pasted onto the chart a little bit of a description of the
high tight bull flag patterns and their utility in trading when found.
Bottom FishingAt an all time low. Leveraged x3 so can be very volatile. This ETF SHORTS the FANG stocks. Not an ETF to fool around with or stay too long as it consists of some very strong momentum stocks. Top ten holdings below.
Falling Wedge noted. Both lines slope down and converge at the apex.
Falling wedges are usually found at the bottom or after a severe pullback.
They are bullish if the top line is broken with a confirmed upward trend. Some would use 2 closes as confirmation but we are all different and so is each security.
No recommendation.
“The function of economic forecasting is to make astrology look respectable.”
John Kenneth Galbraith
Top 10 Holdings
Meta Platforms Inc Class A
12.53%
Tesla Inc
11.71%
NVIDIA Corp
10.66%
Advanced Micro Devices Inc
10.03%
Netflix Inc
9.65%
Apple Inc
9.39%
Amazon.com Inc
9.35%
Snowflake Inc Ordinary Shares - Class A
9.10%
Microsoft Corp
8.84%
Alphabet Inc Class A
The note seeks to track -3x of the daily performance of the NYSE FANG+ Index, total return. The index comprises of public equity markets of the United States. It takes short positions and uses derivatives to include the stocks of companies operating in the technology and consumer discretionary sectors. The index comprises of growth stocks of companies across diversified market capitalizations. The ETN will mature on January 8, 2038. MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 was formed on January 22, 2018 and is domiciled in the United States.
The investment seeks return linked to a three times inverse leveraged participation in the daily performance of the NYSE Fang+™ Index, total return (the “index”). The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. Benchmark: NYSE FANG+ TR USD
FNGD possible 47.5Possible. Could happen, good opp to take trade.
I will sell after 4 weeks or 8 depending breadth
soxs too
buy heregood setup, exhaustion candle, bottom of range, could actually double. LABD did 50% from this type of setup, so shorts are working
BULZ LongAm planning to buy BULZ shares, the opening range of the quarter (january) looks bullish, we are in discount almost (25.0) and the extension might be 100 and then 200 (targets). Planning to hold for a while the catalyst is the decrease in rates that is likely to make price to increase.
Just an idea do not risk more than your phycological capital allows you to risk.
FNGD IMPLIES TECH IS BULLISHThere is one gap, and one weak trend holding up this pump. TBH, in about 90% of cases I've seen, this weak trend won't hold up, and should favor the downside. This means that tech should be bullish in the upcoming week. With the current market, we can't really know how long that will last, but I assume now that the SIBV news has broke, along with the student debt news, I'd imagine we could see a small pump to technology incoming.
If that weak trend were to hold up allowing indicators to bottom out again, then a potential push to close that gap is possible.
follow the trend or not what do think ?seems like we going back down again , follow the trend or not what do think ?
NRGD, bouncing off 10 dayNRGD can make huge moves, the sector has been extremely strong for the past year by holding near the top of its range (most things havent done that)
In bear markets, everything falls, and typically oil stocks get absolutely hammered. ''08.. ''20.. As a result this has the potential to be a great trade.
buy the dip setup.nothing else to say, market is currently a BTFD setup.
Tradingview requires i type more. Its ta, keep it ez
ABC Bullish/TECS is also ABC/DLeveraged and Volatile.
This also measures out to be a Cypher if the final leg of the M pattern does not go too far below D, which is also C of the ABC Bullish pattern.
Cypher pattern is in yellow and shares the 1st leg with the ABC Pattern. Target for the ABC pattern would be D.
MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 is an exchange traded note launched by Bank of Montreal. The note seeks to track -3x of the daily performance of the NYSE FANG+ Index, total return. The index comprises of public equity markets of the United States. It takes short positions and uses derivatives to include the stocks of companies operating in the technology and consumer discretionary sectors. The index comprises of growth stocks of companies across diversified market capitalizations. The ETN will mature on January 8, 2038. MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 was formed on January 22, 2018 and is domiciled in the United States.
No recommendation/Long with good entry level. Sometimes looking at candles can help. I do not see a pocket pivot at C/D.
Stop below C.
Falling WedgeLeveraged ETN x 3.
Volatile and not intended to be held long term as fees can be high.
A falling wedge converges at the apex as the down sloping trendlines narrow.
Considered bullish when price breaks the upper line with an uptrend.
No recommendation/best to buy on market UP days and this ETN is very risky.
Basically this ETN is shorting these holdings:
Top 10 Holdings (100.00% of Total Assets)
Alibaba Group Holding Ltd ADR BABA 10.00%
Alphabet Inc A GOOGL 10.00%
Amazon.com Inc AMZN 10.00%
Apple Inc AAPL 10.00%
Baidu Inc ADR BIDU 10.00%
Facebook Inc A FB 10.00%
Netflix Inc NFLX 10.00%
NVIDIA Corp NVDA 10.00%
Tesla Inc TSLA 10.00%
Twitter Inc TWTR 10.00%
FNGD TRADE SETUP Buy area is around $47, Sell area is around $61
Remember, FNGD is an inverse, so you're expecting the market to drop 10% with an investment in FNGD.
GDXU leveraged gold miner ETF LONG SETUPAMEX:GDXU
As illustrated on the one-hour chart GDXU has reversed a downtrend as indicated
by the EMA crossover and so on. Support and Resistance lines are shown.
Price is well below the SMA200 and thus undervalued as compared with historical data.
I see this as an upside 30 % long setup with reasonable risk. Once the trade
progresses perhaps 10-12% in price rise, the stop loss can be moved up to
break even. This can be approached with intermediate-term call options
as well. Targets and stop loss are marked out.
BMO 3x Return Tech ETN Set Up for a 250% RallyThere is a Bullish Piercing Line Reversal Pattern on the Monthly Timeframe as well as many instances of Bullish Divergence on The Daily Timeframe so i will be buying shares here and targetting the Daily Gap/200 day Moving Average above.
#OILU $OILU same chart with looking mighty great return as always momentum in play , but this rise better then usual
NRGU Is she ready to start back up again?We might as well have all the bad new at once. So tomorrow we will see what opec is going to do on output levels. After that is there anything else left? Fear gauge at 22 and that's extreme, but I have seen it at 2 and 3 levels. So, check this out just an idea I had.
Correction coming soon for NRGU 3x leveraged ETNNRGU not yet topping out but it will be soon.
After reaching target price300, it may retrace
FIBO 38% or 50% to its strong support around 260 or 220 (See GANN Fan line).
I may be wrong coz of demand & supply
tailwind... vast demand & supply problems.
Pls make own analysis.
Tech heavy ETF with double bottomThis is the chart for BULZ tech heavy ETF.
it formed a double bottom and is busting through this resistance level like butter. The tech stocks have taken a beating but i believe the bulls are coming back stronger.
Would be wise to start a position soon
