BFI
Dollar Index still in Chopping !
Market is expecting 0.75 basis point for Upcoming Nov 3 (FED Interest Rate Decision) , Will it get to 4% Rate ?
Dollar Index still in Ranging Momentum for 2 weeks straight before it gets impulsive bullish injection !
For this Final Week of October , price might be looking sell side liquidity with bearish pullback for short term !
Anything can happen anytime , it's just probability !
BTC/USD THE GREAT BUY 2022We see where the demand level for BTC is at and with fundamentals in mind. We have observed the recent short term mini-rally's.
We shall react to price at a discount level for maximum gain and minimal drawdown for the year. As indicated in the chart we have a target and an entry level pricing for best investment return. Now we wait and react at the right moment. Always buy at a discount and sell when price is expensive/at a premium. Keep it basic , keep it simple. The dollar pricing might play a big part in the rally we are waiting on, thought you should have that at the back of your mind. Subscribe ,reward and follow for more. See you on the next post ladies and gents.
AUDJPY BUY 9/19Price brake structure on the weekly, the fib placed on that impulsive move has a golden zone(50-61.8) that rests on a valid buy zone. liquidity has been collected once before during the retracement. I had a buy limit placed with 2% risk halfway through there valid H4 buy zone. Taking profit at swing points circled @ 80.5 and 81.5. The target being at the previous high (82.0)
OSH Possible dip into weekly buy zoneLooking for OSH to dip down to weekly buy zone around $3 to go long.
BURGERFI BUY IDEANASDAQ:BFI
What do Americans love the most? The good ol' hamburger!
The Numbers: (2019 Financials)
- $18.40 average transaction
- $13.01 average per person check
- 44.75% Prime Margin
- Adjusted EBITDA = $3,690 (In thousands)
Projections:
- 2021 Expected Revenue ~ $160 million
- 2021 Expected EBITDA ~ $10.5 million
Current Partnerships:
- Expansion of "Ghost Kitchens", 25 committed kitchens by December 31st, 2021
- US Air Force, planned bases in Arizona, Colorado, Alaska, Georgia, and Nebraska (For 2021/2022) Potential of more branch partnerships
Big Names invested:
Lion Point Capital - 2,745,938 shares
Morgan Stanley - 205,329 shares
All in all, whether this be a long term hold or a swing trade, the value area to buy into is zoned on the chart. Point of Control is located around $13.
Once entered into the trade, be sure to take profits if previous highs are taken out. If the value area fails, I plan to hold below it since the majority of shares were accumulated at $10.
Reference:
d1io3yog0oux5.cloudfront.net