Rising Tension

Issue #98

October 02, 2024 • Estimated Reading Time: 5 minutes

Good morning!

Stocks and crypto continue their overall uptrend following the Fed cut, with added volatility last night due to the escalation in the Middle East between Israel and Iran. Risk assets across the board pulled back on the news while Oil finally jumped, adding back some geopolitical risk, and capital continued to flow into Gold. 

This week, our technical analysis focuses on the following crypto tickers: TIA, HNT, DEGEN, FET, FTM, SEI, BTC, ZRO, and SUPER. We offer trade ideas for equities for BRZU, SQ, and PYPL. Follow our analysts' ideas carefully, note the suggested levels, and stick to the plan! Additionally, we provide recent developments on Web3, NFTs, AI, and another deep dive on TAO. Enjoy, and happy trading!

  • MP (Donny): “Picking up some MP Materials in the $14.00 - $14.20 range. The company has announced they are doubling its buyback program. Rare Earth comp and a great statement of confidence that rare earth price has bottomed.” - The stock closed at $18.39 on Monday, representing a 30%+ return in 3 weeks.

  • ADA (Crypto Fox): NL long bid one hit entry at 0.3775 and ran up to 0.386 (so far) for a 2.25% unleveraged move to the upside 

  • MOG (Daniel4): +35% move from our $0.0000013 entry

  • DOGE (Daniel 4):  +19% move from our $0.11 move, hit TP1

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