AdEx ... Decide yourselfHi everyone!
Let's do a quick view of AdEx.
Seems that "market" in general is gonna have a fast bullrun (hours-days-few weeks.. but not more than that) and than correct itself to reach lowers levels.... In this case is draw like a posible AltShark or maybe a Nen-Star...
As always, our positive scenario is guided by the green path... and the negative one could reach in the better case only the 0.236 red fib level.
This is just for educational uses.
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GoodTrade
-CJ-
7-STAR
Strides Shashun - good bounce expected soonStar.ns Strides Shashun is moving in a wedge shape and should soon be in a position for a breakout to 490-500 range in the short term.
I am not a financial consultant and this should not be construed as trading advice. These are my own views. Kindly consult your broker or
financial advisor for trading ideas.
ASX Star Combo Pharma Star Combo Pharma has just started trading last week. It has a good run up to above $2. I believe this is Wave 1 of Elliot. The price has dropped a bit at writing and if I am not wrong, corrective wave 2 will probably hit between 0.5 to 0.618 in the next few days. If i were to trade, i would look for entry below $1.30 between 0.5 to 0.618 fibonacci. At writing, there was a bounce at 0.384 fib @ about $1.40. If my charts are correct, we are looking at corrective wave B of 2 then C down to 0.618 fib. We shall see.
ABOUT THE COMPANY
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extracted from: www.afr.com
A company that acquired the Living Healthy vitamins and health supplements brand from pharmacy chain Terry White Chemmart last year wants to make a big shift from being a contract manufacturer to launching its own brand.
Star Combo Pharma has raised $7 million in an initial public offering at an issue price of 50¢, and will list on the ASX on Wednesday, with chairman Richard Allely outlining ambitious growth plans.
The company signed a three-year distribution deal with Terry White Chemmart as part of the acquisition where the Living Healthy vitamins brand will be on the shelves of 450 of the group's pharmacies.
Mr Allely said Star Combo currently generated about 70 per cent of its revenues through contract manufacturing for other vitamins companies in western Sydney.
About 30 per cent of its revenues come from its own brands, which include Costar, Amax and J&K. Those three brands are largely sold in gift stores and duty free stores.
The Living Healthy brand had undergone a rebadging and repackaging, and Star Combo was aiming to accelerate its growth. Between 20 and 30 individual product lines, known as stock-keeping units, would be on the shelves of Terry White Chemmart outlets around Australia.
Star Combo was also eyeing a big push into China, to try to emulate in a smaller way the success of big players such as Blackmores and Swisse.
At the issue price of 50¢, Star Combo has an indicative market capitalisation of $38 million. Mr Allely said the IPO had been oversubscribed and the company had been forced to scale back applications.
The company made a net profit of $1.48 million in 2016-17 from revenues of $9.84 million. Net profit in 2015-16 was $1.59 million from revenues of $9.4 million.
Starcom Plc - WATCHING CLOSELY - #STAR Closing above 3.06p target 4.87p
Struggling to close above the 61.8% fibs. and RSI showing some weakness so we might need to retest the lows before having enough strength to go above 61.8% fibs.
RNS today was a gold bull ticket but quite possibly not enough liquidity in the market at moment so bears took power over it.
Looking promising though for the future of Starcom Plc.
today's RNS:
AGM Statement
Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, announces that Michael Rosenberg, Chairman of Starcom will provide the following trading update at today's AGM:
The directors of Starcom are pleased to report that, based on unaudited management accounts, revenues for the first quarter have exceeded the level predicted in the Chairman's statement accompanying the results for the year ended 31 December 2017.
Revenues for the period were approximately $1.5m compared to the predicted level of $1m. In the same period in 2017, revenues were approximately $765,000. While it is not the intention to publish regular quarterly statements, the board felt it was important to update shareholders on the high level of business generated in the first quarter of 2018 and also the positive sales enquiries we are receiving from our customers; all of which indicates that revenues for the full year will comfortably exceed those of last year.
As previously stated, it is expected that EBITDA for the year will turn positive.
We can additionally report that our new strategic customers, including CropX and WIMC, have indicated placing further orders this year, in line with our expectations.
On the technology side, the Company is planning to launch new, cheaper and more versatile versions of the Watchlock, under the Starcom brand, which we hope will stimulate market interest while providing higher margin sales.
-ends-
Morning Star on GBPNZD daily! Go long! Morning star got formed 3 hours ago on GBPNZD daily when NY closed. Last time it was seen on the daily chart of this pair was more than a year ago in early March 2017. After last year´s GBPNZD morning star the bullish move was for over 1600 pips all the way into May 2017. Morning star is one of top 6 reversal signs. Earlier we had bullish engulfing which failed to penetrate 68 fib level resulting in the formation of this beautiful morning star off 68 fib level.
Bitcoin crossing multi-trend star event horizon into 2018It can be seen that a decision occurred on around january 28th 2018. This is a pivotal event horizon of all trend lines of the last 6 months. Now bitcoin price is moving past all measured trends lines which were established during the december rise. It seems major groups of traders (people, bots and Big Data A.I.) had their vision set on certain linear movements but this is proving to be an incomplete assessment due to human psychological tendencies of the types of people who are technologically more aware as compared to the mass of humanity. Such people are forming various new crypto-trading communities and have a profound advantage over the average and even advanced traders of traditional markets, so long as they remain outside of the popular data-mining schemes of business behind HCI. This is because their technological approach is a mirror of their psychology: decentralization, meaning shared insight in real-time over significant economic events. The price of bitcoin can indeed rise indefinately if all such trend lines are surpassed because the traditional established systems have lost control.
NXT 6 $ Is it posible ? We will see !Hi, everyone.
Lest have a look at 1 day charts of NXT.
Symmetrical line from 10 of march 2017 shows us that NXT get to the bottom of it's correction and should now go UP.
There is not much to explain about it, everything is on the graph.
The only problem I can see right now, is low volume. But that's can change at any time.
The most amazing think about NXT in my opinion is that it doesn't have a huge influence of BTC as others cryptocurrencies. Lets have a look on todays charts of LTC/XVG/ETC, they all followed BTC, but NXT was diffrent. It stayed at the same level when BTC was rising and when it's starts falling down.
Thank you for reading, feel free to leave your feedback .
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Different perspective.
BTC to 3kThis idea belongs to:
Sorry guys for not updating idea and not being online from few days. The good thing is my expectations are going right. Now we have reached the target 6500. Then as you know we have strong bullish reversal and inverse head and shoulders. But now we are going down again from 3 days. Now we have to analyze what is next move of the Bitcoin.
Here we have a confirmed Dogi Star on the last top of 1-day chart. DMI and Ichimoku is bearish and RSI is below 60. These things are telling us one more bearish trend is going on. My target is 3k and I am still strict with it. If price will rise from here than my targets are 14 and 16k. Then we will see what happen after that.
I will update you soon.
See related idea for more info.
Thanks for following me and your support. :)
A sudden flash crash turned a good day into a bearish dayEverything was looking dandy for bitcoin and litecoin...litecoin appeared to breaking out above a bull pennant and btc seemed well on it's way to the original head and shoulder pattern and then suddenly a whale or two must have decided to take a sizeable profit, enough to trigger an avalanche of auto sells creating FUD in the non auto sellers all culminating into ending the days candle on a shooting star doji. Never a good candle to see as it signals a trend reversal. I personally think it's just there to allow for a overdue retracement, and am still optimistic about the bulls. Especially with segwit finally being integrated...I also feel that this dip will finally kickstart the rest of the altcoin market which has been more or less flatlining ever since litecoin and btc went leroy jenkins on everyone now may be a good time for a brief short but I have a feeling it wont dip below our last retracements low. Tread cautiously and stay pragmatically optimistic. This short is only short term until the brief retracement is over..I think it will only be brief because I still think we will reach the head and shoulder price target as well as flirt with the top of the green channel.
XLM ... A rising star?XLM is a great coin.
Please understand I LOVE XLM. I'm a big time long term believer, however the medium term outlook for this coin MUST make you raise your eyebrows. If it doesn't, then I think you're crazy.
The volume doesn't match the movement. There isn't much I can say really, other than it isn't establishing good solid supports, isn't testing resistance, as it moves freely -- and does so without momentum. Thats insanity. It will fall back on the same dynamics every other market obeys.
I hope everyone makes money, I made good profits. I however, cannot chase this thing - and will not tell others to do so.
btc shortbtc forming evening star after that candle
evening star is bull comes back but thy are knock downed with shooting star
bulls try again but bears comes and take away bull gains and continue the bearish mommentum
Nushares / Bitcoin confirmed trend reversal pattern.I marked morning start pattern on the weekly chart. Pair couldn't go down below 0.00000010 for last 18 days. We have seen huge spike of price during this week. It seems to me that it is just a begging of the new trend and price in future will touch 0.00000100 mark. I wouldn't put big money on it no more than 5% percent. I think that TP area is pretty safe around .000000060 level. SL at 0.00000009
GLOBALSTAR TEXTBOOK BREAKOUT SHOOTING FOR THE SKYBeautiful textbook breakout out of an corrective wedge after an initial impuls higher.
We formed a nice bottom and correction seems to be over, we broke impulsivley higher above the all important 1.50 area.
Look for a small corrective move towards 1.50 enter with a tight stop at 1.35 and let the market do the work for you.
I love this setup.
Risk:Reward = 1:5