IvanLabrie

$TSLA: Huge weekly buy signal Nice signal popped here, indicating strong upside until early August at least. Target zone is $270, 2nd target $386 roughly. Best of luck! Cheers, Ivan Labrie.

$GBPAUD: Nice long setup Low risk buy in this cross pair, fundamental risk is that the BoE turns more dovish than the RBA, but it serves as a good hedge for recessionary risks due to rising rates depressing commodity prices which in turn weaken the Aussie dollar. Time@Mode daily trend is up once again, ready to continue higher as long as it holds up over 1.8685 give or take... Best of luck! Cheers, Ivan Labrie.

$BTCUSD: Correction is over...go long! Low risk buy entry here, risk is a drop slightly below the recent base. Upside to 28-30k within 2 weeks give or take... I'm in. Best of luck! Cheers, Ivan Labrie.

$ETHBTC: Uptrend starting... Notice the ramping of volumes for the last 4 days, higher and higher, with larger daily ranges...with a nice scam wick to shake people out before a real move starts. (volume near average levels for the last month, which is rather solid) The catalyst of Hong Kong allowing people to buy crypto might help take both Ethereum and Bitcoin out of their consolidations and back into trending up. Both charts are bullish vs the dollar as of today, which makes it an ideal long entry if you're not invested. But since the ratio of Ethereum vs Bitcoin shows a buy signal, we can safely allocate some capital to Ethereum as well as BTC to ride the next leg up. I'd suggest staking it if you're investing in this for extended periods of time. Additionally, you can look into selling calls OTM each month, against your holdings over at Deribit, but that poses extra risks. As for the immediate setup at hand, the short term upside is substantial, shown by the white boxes on chart here. The entry I suggested to my clients can be seen in the chart as well, we bot both Bitcoin and Ethereum earlier today, vs USD, but also had a leveraged pair trade long in ETH vs BTC that we had entered a few days ago lower. We've secured gains in that one to not be levered in our crypto accounts, but it could be held if you're playing the relative strength move here. (heck you can enter margin longs in ETHBTC today, as long as sizing is sane) Best of luck! Cheers, Ivan Labrie.

$ZB_F: Huge down trend in T-Bonds Here we go again... Weekly down trend just flashed in T-Bond futures / $TYX. The Dollar has been acting bullish for a while, and it is evident in the weekly uptrend reversing the decline in UUP from the late 2022 top that kicked of last week. If you follow me, you'd know I've been pounding the table on Dollar longs for a couple days now, and here we are, this makes the bullish case for the Dollar more convincing, and my worries for the fate of the uptrend in stocks keeping me in high alert. As a measure of precaution I've moved back to operating an equal weight long/short portfolio, sourcing ideas fundamentally and technically as per my trading plan I devised in early March this year. I would suggest doing that or if you hold long term positions, like for example being long term long SPY , look into call selling for premium harvesting as a means of reducing volatility in your portfolio and generating extra returns on top, as there is a chance of long term sideways and volatile action in stocks going forward. Check out my Twitter profile for more insights regarding this approach, I tweeted about it today. If you short bonds here, stop loss area is a bit above 129'12 to be safe, and try not to risk over 1% of your account in the position, alternatively you can use a put spread where you short OTM puts for the duration of this forecasted trend signal vs a long ATM put position. (Sep puts would do) Best of luck! Cheers, Ivan Labrie.

$MU: Monster signal in Micron I'm long MU here, I like the low probability 3rd target range as a possibility here, but that is a long shot. INTC and TSM are also starting to base, and could rally back to the top of the recent range and maybe break out into a new monthly trend over time soon... Generally speaking, T@M signals have a win rate between 55% and 65%, but in cases like this where a stock is hitting the same range repeatedly and then clearing sellers out and breaking out, you can expect signals to reach the 2nd or 3rd target range by the time the forecasted time elapses or sooner in a substantial amount of trade samples. Stop loss area should be a bit below the weekly mode zone @ $59.90, so consider that for sizing criteria. Best of luck! Cheers, Ivan Labrie.

$MPW: Short setup Looks like more downside to come in this stock. Current decline has been the fastest since 2020, and it doesn't seem likely to stop anytime soon. Short on retrace or here, stop zone a bit over $8.47 and downside targets are $6.63 and $5.19 by late June 2023. Best of luck! Cheers, Ivan Labrie.

$ENPH: Mean reversion towards earnings resistance? I think ENPH has a very low risk buy setup here. I already bot it during Friday, but you can enter pre market or during Monday's session safely. Stop loss a bit below the $159.06 level would do. Aim for a 6 business day rally from Friday, with potential upside to the level where the stock reported quarterly earnings recently. @timwest found these levels to be of extreme significance, you can see how this 'Key Hidden Level' acted the last two times it was tested in the prior quarter. Mad props to him for teaching me these methods. Perhaps FSLR 's acquisition news made investors think more M&A could happen in the solar space, certainly an interesting oversold level for long term entries here as well. Let's see how it goes. Best of luck! Cheers, Ivan Labrie.

$NKE: Short term decline ran its course By Monday, a signal to exit shorts or buy into strength to capture a potential rebound in the stock will trigger. Keep an eye out for a new daily high to enter longs, stop a bit below the recent lowest low is fine. Hold the trade for 5 business days or until it reaches the target shown by the rising arrow. If it remains sideways instead of rally, it will likely trigger a new bearish trend signal, indicating continuation to the downside. The long term trend was bullish as per quarterly data, so I am inclined to think the dip will get bot. Best of luck! Cheers, Ivan Labrie.

$NEE: Good portfolio diversifier Utilities looking good now, probably a good idea to have some defensive exposure, now is a good time to get some of it with NEE here. Mega cap tech is over extended and although rates likely peaked and we see inflation come down, it will come down for the wrong reasons as we enter a recession most likely, so I'd try to be cautious with cyclical risk. Best of luck! Cheers, Ivan Labrie.