Magnificent Tech Stocks
Magnificent Seven ETF (MAGS) * Price had an awful close last week with a bearish engulfing candle. * Last time we saw this pattern price was able to break above previous high and continue its uptrend. WILL THIS TIME BE THE SAME?? https://www.tradingview.com/x/dlaJ4hPq/ Short Term * As we
Crypto
Macro Outlook 🚀 Bullish 🚀 Good news as price just took out the lows of the range and is back above the mid level. This simply means that $74,000 is next and a breakout of the range is brewing. Now, after about 130 days of consolidation and a monthly close in
Magnificent Tech Stocks
* The Roundhill (MAGS) ETF tracks the price of the most extensive seven tech stocks comprised of Apple, Amazon, Google, Meta, Microsoft, Nvidia and Tesla * The so-called Mag7 tech stocks have seen $1.1 trillion in value erased in a five-day stock sell-off by July 17th close, the most since the
Forex
Macro Outlook 🚀 Bullish 🚀Price trades below resistance.... bullish! * Price is oscillating within a massive range since 2015, but looking at the most current reaction from 1.22185. There is evidence that it is leaning to the upside. * This latest strong move since April 21 created two bullish patterns: price trend
Sneak Peak
Macro Outlook 🚀 Bullish 🚀 * With Trump’s failed assassination attempt and now iconic photo of him with his fist raised up post shooting, now an iconic photo for history, it looks like the Republicans will remain in the lead. Anticipating Trump’s next election win and taking into account that markets
Commodities
Macro Outlook 🚀 Bullish 🚀 Gold just broke all time high today, now what? * There is an active bullish trend that expires in December 2025 with price targets of $2,700, $3,150 and $3,600 at first. Does this mean it's up only from now on? Certainly not. * If
Meme Assets
After the failed Trump assassination attempt, the market saw it as a bullish event that increased the chances of a second term..... Positive shift in momentum and sentiment towards cryptocurrencies! Germany's 50k Bitcoin stash is out of the way, huge L in German government (Not the right move)
Commodities
Macro Outlook 🚀 Bullish 🚀 * This is a no brainer long from a macro perspective. * We have a bullish macro trend active with expiry set for June 2027. * First target $40, followed by a new all time high of $55 and then $70 price mark. Now what? * From a macro perspective we
Magnificent Tech Stocks
Short term Neutral The big giant seems to be waking up! * As mentioned in our previous newsletter, there was no point in making longs at resistance. Now what? * Price took the previous highs which is a good sign, but unless we manage to fully break above $265 we’ll remain
Magnificent Tech Stocks
Short term 🚀 Bullish 🚀 What to expect on Monday’s open? * As stated on our Edition #1 newsletter, macro remains bullish and we’ve retraced to our accumulation entry levels. * Long entries at around the $448 price mark are ideal. * If bulls are in control price shouldn't sweep below
Magnificent Tech Stocks
Short term 🚀 Bullish 🚀 * As suggested on our META Edition #1 analysis, price indeed retraced to our ideal entry level. What to expect on Monday's open? * If you haven’t jumped in already, we’d highly recommend to market buy on Monday’s open as we've closed
Magnificent Tech Stocks
Short term 🚀 Bullish 🚀 * Price seems a bit over extended with signs of a possible short term retrace. * Market structure remains bullish on a lower time frame. What now? * Entry at around $183.5 * Stop loss at $181 * First take profit at previous high * If we get stopped out of our