ASX:BET- could it be so simple?One of my favorite ASX stocks, which had an extremely bullish run at the start of this year (2021).
Once an offer was made public buy ASX:TAH(Tabcorp) on 28/05/2021, stock prices plummeted.
It appears that we have found a bottom of that massive price decent, and are starting to look bullish again (higher highs and lower lows).
Could this run be as strong as the last? I hope so!
DYOR
BET
Golden Nugget 8 Week Thouhts.Golden Nuggy looks as if she's ready to start a little run towards the upside. Let me know your thoughts. Are you holding Golden Nugget, if so, how long have you been holding. What are your thoughts, what can you see GNOG reaching in the near term or later out. If your not a fan let me no why. Any particular reason or is it just not your flavor. Happy trading Everyone.
Longing on ASX:BET - uptick started todayThe ASX market appears to be heating up.
Following on my other thesis on ASX marketing such as ASX:APT , ASX:CCP and ASX:Z1P , the other pick which I expect to see a lot of actions is ASX:BET .
There are a few catalysts for BET during the few weeks:
1. It has just completed a round of SSP with over subscription hotcopper.com.au
2. Its price action has started an upward trend ever since the Dec 2nd with large transaction vol on that day, and showing consolidation ever since.
3. Contrast with the Gaming/Online Sport books in the US market, most of which has gone up 30-50% since Dec, the deregulation of online sport betting in the US market should benefit BET as well.
4. The upward candle of Jan 21st apparently is testing its all time high at 0.795.
I am expecting BET to hit the 0.995 range before its earning release on Mar 2nd.
Full disclosure, I put my $$ behind my thesis and just built a position @ 0.77 with a 10% stop loss @ 0.7.
MGM Resorts International 100% upside potentialGreat news!
Aug 11 Reuters:
BRIEF-NASCAR And BetMGM Announce Multi-Year Sports Betting Partnership
BETMGM TO OFFER LIVE, IN-RACE BETTING BEGINNING IN 2021
Aug 10 (Reuters) - Barry Diller's IAC/InterActive Corp IAC said on Monday it has bought a 12% stake in MGM Resorts International MGM for about $1 billion, sending the casino operator's shares soaring 14%.
"MGM presented a "once in a decade" opportunity for IAC to own a meaningful piece of a preeminent brand in a large category with great potential to move online."
Market Capitalization $10.42 billion
Net Income $2.05 billion
small 5.56 P/E ratio
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
TSG observation@DiscoDassie asked for view on share
Its an interesting share to be tracking, perhaps the charts will tell us something!
my attempt... I guess similar setup on JSE:ASC
Shade purple zone appears to be a good place to buy long. its basically the area where a breakout of downtrend would occur in near term.
could be more aggressive and buy as soon as possible.
I will buy the rumour!
Big Ole Curvy Boi - The Unbreakable Curve -A bet between friendsSo a friend of mine alleged that this curve "the green line" is forever unbreakable and that bitcoin will never go below that price at any point along said curve and bet 1 bitcoin it will within the next 2 years.....
I'm just charting this here to keep an eye on it and to remind myself to check it again in a few months... Im coming for your bitcoin John....Im going to make you pay up if this falls below said line.
John do you agree to the terms of this bet... that if it falls below the green line at anytime, for any length of time including quick wicks from now until may 23rd 2021 you will owe me 1 bitcoin... and if it does not go below this line I will owe you 1btc...
Type I agree with initials below:
KEL - 5/23/19
JMC - 5/23/19
Full Rules on Chart and in comments
BITCOIN ain't died. Up trend is recovering. BTC não morreu.Ola.
Ainda não podemos deixar por completo o pessimismo. Estamos num ponto que considero critico. Caso o preço não consiga ultrapassar os 9500 é provável que o preço continue a tendencia de baixa.
Nesse caso pode ir para o abismo ou ficar na região de suporte (retângulo vermelho), que é o que muitos estão esperando.
A força vendedora ainda tem bastante força. Os ursos ainda não foram embora.
No momento estamos com o preço brigando pra subir. Temos uma região de resistência muito extensa indo agora desde os 9300 até os 12300.
Traçamos varias setas indicando as possibilidades que vemos nesse momento. Então indo para a tendencia mais otimista podemos ver o preço ir lá em cima na
linha de tendencia de baixa, LTB. A expectativa dessa vez é ter o preço rompendo para cima dessa linha e ir buscar a casa dos 14k ou até acima.
Como falamos no começo podemos ter o preço sem força pra passar os 9300 e voltando a cair, mantendo a atual tendencia.
O preço pode mergulhar direto nos suportes abaixo dos 7K. Nesse caso o preço deve manter na linha de suporte, coincide com o fundo da media do canal de baixa e com o topo do retângulo da zona de suportes.
Esse é o pior cenário no curto prazo.
Como outra possibilidade podemos ter o preço formando um fundo duplo, que é um padrão de reversão. Sendo assim, podemos ver o preço ir romper a LTB e andar ir forte pra cima,
mostrando a retomada da força compradora.
Voltando a falar do primeiro cenário que é também o mais otimista, caso o preço faça o movimento previsto, irá deixar também uma figura de reversão que é o OCO invertido.
Com um sinal desse, os touros devem ir com tudo pra cima dos ursos. Sendo otimista, quem sabe o preço rompa o topo histórico.
Agora o que realmente irá acontecer ? Bem temos boas possibilidades. Escolha a sua. Tome cuidado pra não ficar para trás e para não perder dinheiro.
A sorte está lançada.
Hello.
Pessimism still hovers in the air. We're at a point I consider critical. If the price is not able to reach the 9500 it is likely that the price will continue to low trend.
So the Bitcoin can go to the hole or get a little higher in the support region (rectangle red), where almost everyone is waiting to fall
The sales force still has a lot of strength. The Bears haven't left yet.
At the moment we are at the price fighting to rise. It has a region of extensive resistance going now from the 9300 to the 12300.
We traced some arrows indicating the possibilities we see at the moment.
So going to the most optimistic trend we can see the price go up there in the low trend line, LTB. The expectation this time is to have the price breaking up this line and go get the price in the 14k or up.
As we speak at the beginning if the price is not strong enough to pass the 9300 it will fall again, maintaining the current trend.
The price can sink directly into the support below the 7K. In this case the price must remain in the support line, which coincides with the bottom of the middle channel and with the top of the rectangle of the bracket area.
That's the worst scenario in the short term.
As another possibility we can have the price forming double bottom, which is a reversal pattern. So we can see the price going to break through the LTB and walk going strong up,
Showing the strength of the buyers.
Speaking of the first scenario that is also the most optimistic, if the price makes the movement predicted, will also leave a reversal figure that is an inverted HSH.
With a sign like that, the bulls must go all over the bears. Being optimistic, who knows the price until it breaks the historic top.
Good news started coming up.
Now what's really going to happen?
Well, we have possibilities. Choose Yours. Take care not to fall behind and not lose money.
The die is cast
Unikoin good for 50%+?This coin has recently been added to Bittrex. It is currently trading below its ICO price and is respecting fibonacci levels.
3 targets.
This is not trading advice, trade at your own risk.
BCHUSD Two Way Bet this WeekendBCHUSD Two Way Bet this Weekend
BCH hangs in the balance this weekend, and will flip as
Bitcoin flips - it's caught within a near term range and setting
itself up for the next trade from here...
Cannot short unless/until 2241 gives way in which case it's a
short to 2068 and close out there (unless market is fast and
there are big reds showing up and it shows no real sign of
holding here) - and then if 2060 fails look to short a second
time down to 1983 at least, and quite likely to 1766 where we
can look to buy once more.
To Short or not to Short?The channel indicated on the graph is self explanatory. I do not think there will be a trend reversal yet on the next few days, but certainly the resistance at the $230-$250 range is forming and could yield a slow reversal, which has not been proven to be a behavior of this currency yet.
HEINEKEN : BUY EXPECTING BUY TRENDAfter a consistance battle between the 'support' and the Resistance' i expect a little outburst to a positive buy trends. The Resistant strength index indicates that the stock flunctuate in the middle, showing the balance between demand and supply. the duration of the expected trend would approximately 3 months.
NAV High probability Setup. BEST BET This is a classic HPS setup that we focus on @daytradingradio.com