It is evident that today the market rejected the rally at the resistance. The bulls battle may still not be lost, we may be experiencing a pause after yesterday’s strong rally. The market bounced from the support line of a declining wedge and rallied hard. Probably too hard. We would prefer an incremental increase over Continue reading →
Archive for 2025
VIV Telefonica Brasil S.A., ADR
VIV Telefonica Brasil S.A., ADR broke the resistance and closed above it yesterday. Today, it is re-testing it. We believe, the stock may move to $8.50 and eventually above $10.50. Recent Decline Analysis: Price Action: VIV saw a significant selloff from the $10 range in October 2024 to lows around $7.50 in Continue reading →
If You Want to Get Crazy, Start Trading Futures Options!
Boy, what a year! 2024 was truly an incredible journey. I discovered futures—specifically, futures options. Not that I didn’t know about them before, but I was ignoring them. When I finally gave them a shot (or should I say they gave me a shot?), I was blown away. It was easy, fast, and extremely profitable. Continue reading →
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