$bb to $20 soon!$BB is the next boom from short covering that it has already started today !RocketFireSmiling face with sunglasses like $AMC $GME before 3 days. The $BB #blackberry has #short interest ratio (days to cover ) 3,8 just now ! It is amazing what price will reach BB blackberry , $20 surely !
BB
BlackBerry Accumulation ZoneWith their security efforts being a long-term play BB will likely consolidate in the $1-$18 region for quite a while. Their partnerships with companies such as Amazon / AWS are quite impressive and show how resilient the company is. Ideally the best long would be at a clean break of $18, especially considering the consolidation range would let this bleed down quite low. If you really believe in it accumulating in this zone isn't the worst idea but it's better to play it safe and buy-in higher once the company gains some traction.
Triple RetestOP Currently retesting the trendline after breakout out - Also testing Top BBand.
If this Holds, 5EMA should catch up by tomorrow, signalling that this short term Uptrend is still going strong.
Friday Gap almost closed, but a complete closing of the gap would be preffered.
Bearish if the retest of the breakout trendline fails.
The interesting case of NXPI.It is now 4 hours into the day and I have analyzed a grand total of 10 stocks. I am clearing a lot of clutter out of my head though. If they ever pass a law that keeps U.S. markets open over weekends... I would worry for a lot of people's sanity. Chiefly my own.
Can someone explain to me what a Gann is? And what you do with it? Or give me some leads at least?
Asynchronous BB Timeframe Indicator - BTCUSDTThis indicator allows you to draw Bollinger bands using higher timeframes.
Note: The timer of your Bollinger Bands must be a multiple of the current chart of the chart.
For example: If your chart is 4 h and you set the sync value to 3, the Bollinger Bands will be drawn with a 12H time frame. 3 * 4H = 12
If the sync is equal to 1, normal Bollinger bands are drawn and will be no different from the normal Bollinger band.
Using this indicator may be appropriate for fractal perspectives.
Indicator name: Asynchronous Bollinger bands - Async BB
BBBlackBerry (NYSE:BB) is a stock I wrote about recently as one to watch for a potential reversal as one that has been on my bottom scan. Friday that reversal came to fruition to the tune of an 10.75% gain for the stock. Momentum indicators are looking bullish, with MACD crossing abv the signal line and the RSI breaching 50 and presently lies at 54.76. Watch for continuation next week.
AMCI won’t bore y’all with the fundamentals that are the foundation of my bullish case, but, as you know, I’ve been cheering these social media stocks on. I have multiple positions in AMC. I added more at the predictable dip at 11am today.
My question to y’all. What do we close at today? My personal opinion is that it is going to be a very exciting PH (power hour).
My guess. 14$ eod :).
-for the sake of all my contracts expiring Friday. No worries. I got plenty o’ shares.
Goldman Restarts Cryptocurrency Trading DeskThis is copyright, but hopefully they don't care (pretty sure they don't). I'm a rabid hoarder when it comes to key stock market facts, and zh is the best I've found..
"2018 was not a good year for bitcoin, and for cryptos in general: after hitting an all time high in December of 2017, much of the remainder of 2018 was spent with the crypto bubble deflating, with early crypto investors first casually than fervently taking profits and dragging the price of cryptos ever lower. The punchline came in September, when as we reported at the time Goldman - clearly disappointed with the lack of upside momentum - suspended its fledgling crypto trading desk plans...
Well, fast forward a little over two years forward when following the 7-fold increase in the price of bitcoin since Goldman's cowardly exit, the bank - which has lost some of its top executives in recent weeks - has made a less than triumphant return and according to Reuters, has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week.
As before, the team will sit within the U.S. bank’s Global Markets division, the Reuters source said, which means that while Goldman is putting on one trade for its prop traders, it will be using its flow desk to have clients to the opposite.
The desk is part of Goldman’s activities within the fast-growing digital assets sector, which also includes projects involving blockchain technology and central bank digital currencies, the person said.
Reuters adds that as part of this renewed bitcoin trading effort, the bank is also exploring the potential for a bitcoin exchange traded fund and has issued a request for information to explore digital asset custody. The trading desk reboot comes amid growing interest by institutions in bitcoin, which has exploded more than 470% over the past year, outperforming any asset class pitched by Goldman's research desk.
Of course, the real reason why Goldman is interested in getting back to bitcoin is due to its wild volatility, which while painful for holders is extremely valuable for prop traders, and makes both the underlying token and related derivatives attractive for investors willing to take riskier long or short positions as they hunt for yield in a record-low interest rate environment.
As Reuters reminds us, since the first unsuccessful attempt by Goldman to launch a trading desk in 2018, market infrastructure for bitcoin and other large cryptocurrencies has significantly matured, with many established financial institutions offering products and services, including CME Group Inc, Intercontinental Exchange Inc and Fidelity. The developments have helped to attract more mainstream companies to the sector, ranging from those offering crypto services to retail or institutional investors, to companies opting to hold bitcoin on their balance sheets
Last month, Tesla said it had bought $1.5 billion worth of bitcoin, while Bank of New York Mellon Corp said it had formed a new unit to help clients hold and transfer digital assets.
Then, on Monday morning, hedge-fund billionaire Dan Loeb took to Twitter to share his thoughts on the subject. “I’ve been doing a deep dive into crypto lately,” he said. “It is a real test of being intellectually open to new and controversial ideas.”
Loeb’s comments were in response to a blog post titled “NFTs and a Thousand True Fans” by Chris Dixon, a general partner at the venture-capital firm Andreessen Horowitz. In Dixon’s post, he expounds upon the role that non-fungible tokens will have on digital creators.
Meanwhile, crypto continued to win over the world’s biggest financial institutions. As reported earlier, Citigroup laid out a case for Bitcoin to play a bigger role in the global financial system, saying it could become “the currency of choice for international trade” in the years ahead.
Bitcoin was 8.4% at just over $49,000 on Monday, despite the latest attempt by the NY Attorney General to spark a selloff: New York’s top law enforcement officer issued a scathing statement on the market and warned consumers about its susceptibility to “speculative bubbles” and abuse by criminals. “Cryptocurrencies are high-risk, unstable investments that could result in devastating losses just as quickly as they can provide gains,” Attorney General Letitia James said Monday in an investor alert.
Well, of course they are, and it's because of their massive risk that they provide just as massive returns, something which has not been lost on all those who held on to the token for the past several years and are now extremely rich thanks to it."
BBIn order to stage a bullish trend reversal, BlackBerry (NYSE:BB) needs to break and close above the 12. Short-term daily technical indicators are improving and the MACD on the H4 chart recently produced a new buy signal last week. If the stock can break Friday’s high of $10.82, we should see a strong follow through move. BB will move very quickly, so keep a very close eye on the stock next week. Stock has a strong support around the 9.69 area.