Trend Charts: VIX, MSTR, BTC, AMD, IWM, AMD, QQQ, JPM, DKNG, TSLA, GS& SPY

Hello everyone! Today I want to share some technical analysis with you! Hope it can help you!

The stocks are as follow:

Is buying the lower Bollinger Band on $SPDR S&P 500 ETF Trust(SPY)$ a reliable strategy?

Let's backtest it:

Entry: Low of day within 1% of lower Bollinger Band

Exit: +10% or -5%

Over the last two years:

✅ Almost 2x buy & hold

✅ 50% win rate

✅ 2.45 R/R

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$Goldman Sachs(GS)$ moving higher in pre-market this morning after reporting Q1 earnings beat.

~EPS: $11.58 vs $8.60 est

~SALES: $14.210B vs $12.917B est

~Q1 Investment Banking Revenues up 32%

~Q1 Asset & Wealth Management Rev up 18%

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Senior VP of Powertrain & Energy Engineering at Tesla Andrew Baglino is said the be leaving the company.

$Tesla Motors(TSLA)$ Baglino sold nearly $2M in shares just two weeks prior to his departure.

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$DraftKings Inc.(DKNG)$ looking like it wants to make another push higher here. Already up +35% YTD. 👑

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The Volume-by-Price indicator really highlights the poor structure we have left behind on $JPMorgan Chase(JPM)$ .

If we anchor to the October 2023 low, the Volume Point-of-Control of this move is still considerably lower around $170/share. 📉

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Nasdaq back below the 50 DMA & last week's low, now approaching $434 brick wall support. 🧱 Unfilled gap looming below it. $Invesco QQQ Trust-ETF(QQQ)$

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$Advanced Micro Devices(AMD)$ Neckline snapped. 🫠

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$iShares Russell 2000 ETF(IWM)$ That flat 200 day SMA around $190 is looking like a tasty dip buy. 🤤

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$Advanced Micro Devices(AMD)$

50 DAY SMA ❌

100 DAY SMA ❌

200 DAY SMA coming soon?

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A simple strategy with proper risk management can go a long way in the markets.

Enters long $Bitcoin(BTC.USD.CC)$ on a 8/21 EMA upside cross, exits on a downside cross.

Over the last decade:

✅ 23K% total return versus 12K% buy & hold

✅ 6.77 R/R Ratio

✅ 13.19% average return per position

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Michael Saylor: Don't sell your Bitcoin! Also Michael Saylor: Has sold $70,000,000 in $MicroStrategy(MSTR)$ shares so far this month.

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This is by far the most lively we've seen the Volatility Index in quite some time. $Cboe Volatility Index(VIX)$ Stay on your toes out there. 👀

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# AI Companies and Industry DIG

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • VivianChua
    ·04-17
    Nice 💚 💚 💚
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