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Finally, done with my Visa application, and senior post interview and assessment. I was too busy with these that I forgot to place orders on my scans i.e. SOXL relative strength. Anyway, I initiated a position on $PBF and $BIDU last Thursday following OPEC oil production cut news for the former and price action (high volume 200SMA bounce) of the latter. S&P 500 ripped thru 4K this week despite weakness in February. The market chatter for last week was the blow-up of Bill Hwang's Archegos Capital (here's the link to the story). The forced liquidation of Bill Hwang's position reminded me of Melvin Capital back in January. Crypto is strong - ETH 2k (again), BTC 60K (again)- my polkadot hit +35%. Two blocks still staked at 12% APY. ATH for my crypto account. Historically, April is the best month in terms of market return, so looking forward to fully utilise my trading capital. Lastly, I will add sample historical charts on equities and look for Episodic Pivot (EP), Break-outs (BO) and Parabolic Short/Long set-ups. I am currently trying to force myself to learn these set-ups. Major Indices  Sectors   Bitcoin  Gold  Sample Chart Study  Ticker: CELH
Company: Celsius About: Energy/Fitness Drinks Chart: Gapped up 7 days before Q1 earnings report; gapped again (on volume) after earnings beat, gliding above 10DMA until Q2; Massive gap up (again) Q2 ff earnings beat; formed VCP with strong resistance (red arrows); Gapped on Q3 beat Retrospective Entries: Entry on Q1 gap up stop on LOH or 10DMA Nov 3 Pocket Pivot or late stage VCP BO before Q2 announcement (due to risk - starter position only) Dec 3 tight bullish flag BO Quallamaggie (one of the best traders I follow) recommends that the first gap up on volume is critical esp. if the company beats earnings (EPS/revenue). Downtime Reads A Tiger Can’t Change Its Stripes The Two Tiger Cubs at the Center of Friday’s $35 Billion Meltdown Here’s Why So Many People Intend to Die With Money in the Bank Pods Piers Kicks: Earning Money in the Metaverse ft Piers Kicks Crypto and the "Promiscuity" of Technology ft. Chris Tuohy and Raoul Pal What Traditional Investors Think of Bitcoin with Raoul Pal Interview with Hedge Fund Manager Jim Roppel | Stock Trading Fundamentals, Strategy, Crypto, CANSLIM /End
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