IncomeSharks
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Cryptocurrency predictions, undervalued coins, and important Crypto news.

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Forwarded from IncomeSharks Stock VIP
$SPCX - First gap filled, the lower one will get filled. Not only that you'll be able to buy below IPO price. No serious investor should ever be pushing to buy this above $200. Most of the accounts pushing it have casino sponsors so that should tell you what kind of trade it is.
Forwarded from IncomeSharks Stock VIP
This doesn't mean short it. The option premiums aren't worth it either. It means stay away and watch and be patient if you want an entry long term. Hype ALWAYS fades.
Genomics having a great a day, a great week, and a great month.
IncomeSharks Stock VIP
$SPCX - First gap filled, the lower one will get filled. Not only that you'll be able to buy below IPO price. No serious investor should ever be pushing to buy this above $200. Most of the accounts pushing it have casino sponsors so that should tell you what…
$SPCX - One gap filled, one more to go. It's a good company at a bad price. It's a crowded trade to say it's overpriced because it is. No company has ever gone to a trillion marketcap without making profit first. Sub $100 is much more attractive long term.
Pay attention to multi year breakouts in industries that heavily benefit from AI that experienced their round one hype cycle already sitting at lows ready to experience their value matching cycle.
IncomeSharks
$SPCX - One gap filled, one more to go. It's a good company at a bad price. It's a crowded trade to say it's overpriced because it is. No company has ever gone to a trillion marketcap without making profit first. Sub $100 is much more attractive long term.
$SPCX - Lower gap on its way to getting filled. You'll also still be able to buy pre IPO price. This isn't crypto, valuations do matter in the stock market even when there are periods where it seems like it doesn't matter, eventually it always does.
$SOL - I don't see anything that warrants this being pushed on the timeline yet other than price seems cheap because it was so much higher. $40 still seems in play.
$ETH - Not too long ago you had to rationalize why you were taking profits at $4k and now a year later you look at this chart and wonder when the bleeding is ever going to stop.
IncomeSharks Stock VIP
$SPCX - First gap filled, the lower one will get filled. Not only that you'll be able to buy below IPO price. No serious investor should ever be pushing to buy this above $200. Most of the accounts pushing it have casino sponsors so that should tell you what…
$SPCX - Gap filled, almost back to IPO price. Amazing to see people actually try to rationalize it at a 3 trillion marketcap with no profit. No company has ever crossed a trillion marketcap without being at least profitable. Good company, terribly priced. Patience.
Still feel like not enough talk about triple witching days. 4 times a year, and each time we've had one we've found our way at the bottom or top of the VIX channel and it's led to a substantial move. Nothing is perfect or clean in trading but hedging into this one made sense.
IncomeSharks
$SOL - I don't see anything that warrants this being pushed on the timeline yet other than price seems cheap because it was so much higher. $40 still seems in play.
$SOL - Now coming back down to test support again. Higher chance of it failing than bouncing with the current structure.
$META - Market trying to decide if it's a $600 or $400 stock.
$STRC - It's in a tough position because if it proves it can get back from $75 to $100 it brings back confidence which means future dips are less likely to be as steep. But if it's not back to $100 by September it probably goes even lower. 29% chance pretty low right now.
$MSTR - Hard to see any support until $40 but a price swing in Bitcoin could always start a reversal or at least stop some bleeding. Objectively looks pretty bad losing that support.
$SPY trying to break out on the daily.
Biotech loves the summer and fall months. Buy in May and walk away working back to back years.
$MAGS - If the bearish H&S worked on the way down for the Mag 7, got to assume the inverse H&S should pop it back up.
$META - Pretty insane daily candle today. First time I've seen the Whale take profit symbol print all week.