Foren & Soziale Netzwerke zur GALAXY DIGITAL Aktie

 

I trade primarily options and primarily swing trades. And I LOVE set ups like the one GLXY is going into. There are signs of a possible reversal from the downtrend: 1. It's at the old resistance level. 2. It's now retesting the support level from September 3. It's coming down into the POC and significant volume. 4. It's near the downward trend line. 5. We're at the 100 day moving average. Now, my preferred trade type here is to sell puts. The reasons are: 1. The position doesn't need to go up, for me to profit. Sideways action - or even slightly down, and I'm still good. 2. If the position breaks down, I'll own the stock at a discount. No biggie. Usually, I don't trade options that are more than 2 weeks out, but I also like to place the strike at a decent level of support. The options here are the POC line at 28, or the 200day at 25 For next Friday (Nov. 14) the 28 strikes are $0.60, and the 25s are $.15 I'm going go just under the POC at 27 for $0.35. This trade is active.

NASDAQ:GLXY – Cup & Handle Breakout Play at All-Time Highs Galaxy Digital ( NASDAQ:GLXY ) is coiling up beautifully — a cup and handle pattern right under all-time highs, and the backdrop couldn't be stronger. ? The Setup: After a strong run to ATHs, NASDAQ:GLXY has consolidated near the highs for a week — bullish digestion. The chart is carving out a clean cup and handle, one of my favorite continuation patterns. A breakout here could trigger a fresh trend leg. ? Sector Tailwinds: Crypto stocks ( NASDAQ:CIFR , NASDAQ:IREN ) have been exploding higher — momentum across the space is undeniable. NASDAQ:GLXY isn't just a crypto play — it's also aligned with the AI + data center theme, giving it dual tailwinds. ? My Trade Plan: 1️⃣ Entry: Starter position into the handle with anticipation. 2️⃣ Add: Full size on breakout through ATH with volume. 3️⃣ Stop: Below handle lows to keep risk defined. Why I Like This Setup: Cup & handle near ATH = high-probability continuation pattern. Sector leaders alr