Category Archives: Tom’s Blog

Charts don’t look much better than this if you are considering buying. Classic, Cup and Handle formation. Bitcoin Predicted to Reach $500,000 by Galaxy Digital’s Mike Novogratz

Something to think about: Fundamental analysis is linear and measurable. A Science. Technical analysis is also linear and measurable. A Science. Behavioral analysis is emotionally based and non-linear. An Art form.

Summary: Recon Africa (RECAF) $5.01 Soluna (SLNH)* $10.83 Have “Growth Stocks” Fallen to be so “cheap,” They are “Good Values?”

Looks Like a Cup & Handle Chart formation – Typically a bullish chart pattern Galaxy “the company”, is doing amazing – and being a start-up in 2017. Consider these numbers:

Fred Krueger is serial software entrepreneur with early career, Prop Trading experience on Wall Street. Krueger did a personal study on the outcomes of short-term trading Crypto Vs HODLing Cryptocurrency, Bitcoin specifically. His conclusion is similar to my personal experience … Continue reading →

Summary: Galaxy Digital, 2021 year-end earning look good. Disappointment on US Listing date. Consumers already tighten their belts – MarketWatch. Lackluster Q1 2022 for everyone but the Energy sector. Vermilion (VET) finding Price Resistance but still strong Fundamentally.

Technical Comment: Stage one – basing chart pattern, positioned to move above its 50-day moving average. Appropriate for traders and accumulators of shares for a longer term position.

Here are three charts that illustrate the dramatic rally off their March lows – last week: StoneCo (STNE)* Nearly a double (86%) in six days