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The adventures of Wirecard CEO, Bulls, and regulatorsAh, cheap and great investment Wirecard just made a new low. Now is a perfect time to tell their story. Massive hordes of "investors" blindly piled on this hyped ponzi based on lies. And then they laughed at the bears and said they were mad they missed out. And then the CEO went to jail and it went to zero. The end. Thank you for playing. They say investing should be boring. So wrong. This makes it all worth it. It is amazing how many independant or amateur investors have been buying and are still interested in buying. It's always the same with lunatics that think bears are some illuminati or flat earth group making conspiracy theories to drop the price of a perfectly legit company. Here is one comment that aged well: Sep 5, 2019 "The #Wirecard $WID bears are doomed! Finally, justice after so many lies." Entire timeline here: www.ft.com Crazy story xd www.fudzilla.com Remember the dead stock bounce strategy?
WShort
by MrRenev
3
GBPUSD - Weekly Overview and H1-Entry - Easy ExplanedHi Traders! The market is in a Longterm Downtrend (weekly). This time, instead of beginning with the daily timeframe, we'll begin with the weekly timeframe. Here is it: Here you can see three main areas, which affects the market bearish : The weekly Resistance, the weekly descending Trendline and the 200 Exponential Moving Average. ]/list} You see, there are many things which come together at this moment. Now we move to the Daily: We want to show you something, that's why the chart is zoomed in. The price broke out of the weekly Trendline with one green candle. The next candle closed bearish and even below the low of the previous candle. You call this Pattern the "Engulfing Pattern" and the situation is called "False Break Setup". Let's move further to the H4-Timeframe: Here you can see the market is in a sidewards market. At this moment it reaches the orange Supply and Demand Area. Finally, we move to the Entry Timeframe: It reaches the orange Sell Area. The SL is far away from it and the Take Profit is at the next Support. We recommend to trade the market with a confirmation. Thanks and successful Trading :)!
Short
by swissmoneymakers
1
Spirit Aerosystems a play or not?Spirit Aerosystems isn't spirit airlines. It's own by boeing and makes parts for boeing and inovates in the aerospace sector and from its website is also into space with a virgin galactic partnership. Now I've been watching this for awhile, yet I'm still not sure if i should go in but heres some levels I'm looking at. Current findings -Their earnings is they are losing money, yet they are tied into boeing and if boeing isn't making money they aren't either -They have ties to the space sector, which comparing it to the other space stocks, they are underperforming -They pay divends, so you could become a long term holder and get paid while hoping this company can recover after COVID -Boeing has had a 34% drop in its price around June, yet SPR has had about a 50% drop giving this stock a potentional upside of 20% to go side by side with boeing. This reflects that SPR is struggling and can be shown as this company wants to layoff over 1400 people. From a quick search they have just over 5k people working from them. Big hit on their workforce short term. Buy In -Now I've market that you may take a position at this level with a 20% bounce back, yet I'll be watching for two key levels. 1: Sub 20 dollars since to be a fair value and has gone down as low as 16.70 (with dropping lower, yet springing back). Sub 20 dollar since like a good start if you want to dip your toes in. 2: An optmistic bull and don't mind gambling is taking a position in when it gets too 24.12-24.5 hoping for a breakout. Now this same level could be profit takers, yet around May 27th when it hit this level it broke out and giving a $12 high profit per a share. Roughly 30% return. Final Thoughts Its interesting stock and will just wait if it goes sub 20 and you could be worried if boeing would cut this company to cut boeing's loses, yet thats the doom mindset and don't think that will happen. I'll remain Neutral on this stock
NYSE:SPR
by nathanielx9
ETHUSDT nice breakout on monthly resistance 🦐ETHUSDT nice breakout on monthly resistance (purple rect), and now the price could retest the previous resistance. The price could bounce on 0.5 - 0.618 Fibonacci level and create another impulse towards the next weekly resistance (red one, left chart). According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
2
USDCAD - Expecting a Consolidation - Another Trendline BounceHi Traders! The market is in a Downtrend. As always, let's begin with the daily Timeframe: You can see a descending Wedge (with one bearish Fake out). Consider the distance between the Trendlines: It is getting tighter and tighter. Because the market has fallen very much and reached now an Area of neutrality, we expect a consilidation now. Let's move on to the next Timeframe: The price is now at the lower Trendline. It is bouncing back from upwards it to reach the other side. Because the market is in a Downtrend, we don't recommend to trade the Upmovement towards the upper Trendline. We will trade the bearish Bounce from the Trendline. Let's move to the Entry Timeframe: Here we see an orange box. We call it the "Area of Concentration". We're here waiting for a Trend Reversal Pattern. This could be the Engulfing Pattern, a Doji-Pattern, etc. We recommend to trade the pair patiently, because it is a Longterm-Analysis. Thanks and successful Trading :)!
Short
by swissmoneymakers
USDJPY - Upcoming Selling Movement - Trendline Bounce Hi Traders! The market is in a longterm Downtrend and in a shortterm Uptrend. As usual, we like to begin with the overview. Here is the daily Timeframe: So, as you can see it is at three main Levels which could push the price even lower: Trendline The market is at the (purple) Trendline and normally will pull back from it. The break of the Trendline is possible, but the chances are low at the moment. 50 Exponential Moving Average This is the only indicator we know, that even Price-Action-Traders look for often, even they don't trade indicators. So, in general is the 50MA very important. Not only retail traders but also Trading Expert Advisors use them for their entry. That's why we expect a Pullback from there. Resistance The Resistance 106.800 is a Supply Zone. Support and Resistance Traders will probably trade this oppurtunity. Now move on to the lower timeframe; here is the H4: It was moving in a consolidation box. Then it broke out bullish and reached the Trendline. Now we expect a Pullback towards the Top of the consolidation Box. Finally, let's move to the Entry Timeframe (main Picture): Now you can use the Entry Method you like if it is building up. You can trade the Break of a potential Trendline, Support or you wait for a Retest etc. We recommend to set a TP in a conservative place due to the high bullish Price Action. Thanks and successful Trading :)!
Short
by swissmoneymakers
2
ASTBTC breaks an ascending channel 🦐ASTBTC breaks an ascending channel after the price bounced on weekly structure (red one) and daily structure (blue one). Now we are waiting for a confirmation According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
ALong
by InkyGrip
3
GBPUSD - MTFA! - Weekly Trendline Bounce - Price Action BehaviorHi Traders! The market is in a longterm Downtrend and in a shortterm strong Uptrend. Let's look at the daily Chart first: As you can see it is making lower lows and lower highs. In addition we can see here a descending Channel. The next main Levels are also drawn on this timeframe. Consider the position of the price at this moment; it is at the upper Trendline. We're expecting a Pullback, to break - later on - the channel (Longterm Plan). Now we move on to the next H4 timeframe: So, here we can see a strong Uptrend. Look at this behavior of the market: When the price reached the Trendline firstly, it bounced back immediatly (normal behavior). Then it came back to try to make another high - but it failed to do it. That means, that the bullish Power is weak now and the bears are getting stronger for now. It made a double Top and is now retesting 50 MA. The target is the next Support and Trendline. Now we go to the Entry Timeframe: It is at a temporary Support and is bouncing back now. That's the time we will enter the trade. We recommend to short at the orange box when a Reversal Pattern (false Break, etc.) appears. Thanks and successful Trading :)!
Short
by swissmoneymakers
USDCAD - Strong Trend Continuation - Trendline Bounce & BreakHi Traders! The market is in a Downtrend. As always, let's look at the Daily Timeframe first: So, we can see the market is strongly respecting the Daily Trendline. We can identify the Trending Moves and the Consolidation Stages. Pay attention to that the market is now near the Trendline again. Now we switch to the main (H4) Timeframe. The market is falling down after the consolidation. It has fallen until the next Support and bounced off fastly. Now it is in a Retracement move of the overall Trend. It is here in a potential Channel (still need an upper touch to finally confirm it). The Trading Idea is: Sell the bearish Breakout of the Channel / lower Trendline! Here are some additional confirmations: Market in an overall Downtrend Market at Daily Trendline 200 Exponential Moving Average showing bearish Power We recommend to trade the Breakout with a confirmation. Thanks and successful Trading :)!
Short
by swissmoneymakers
TSLA: Will The Structure Sustain?TSLA I made an argument earlier this week that since the last 'golden cross' in late March, TSLA stock price always bounced off of the 200 MA level in an hourly time frame. "When is the next bounce?", I asked. I believe we are at that point now. The question now is that if the current market condition will allow for this structure to sustain. Let's hope the structure sustains and we get to see a bounce up today. Good luck and happy trading!!
NASDAQ:TSLALong
by Trading-Economist
3
TESLA: When Is The Next Bounce?NASDAQ:TSLA DISCLAIMER: This is not a "technical analysis" and more of a "hypothesis" for my future inquiries with this stock. I am personally an optimist for the EV industry and hope for it to grow. TESLA stock price seems to respect the 200 period simple moving average in an hourly time frame. Since the 'golden cross' in late March, March 30th to be exact, the price has bounced off the 200 MA at least 'ten' occasions. Even if I don't go into all those pessimism regarding the company's fundamentals or overvaluation and stick to the simple trend analysis, the question remains: "when will be the next bounce?" Or is it a break of structure? If you find this interesting then please let me know your thoughts. I will be posting more in this topic in the future.
NASDAQ:TSLA
by Trading-Economist
GBPUSD - Trading the Up-Movement - Trendline BounceHi Traders! The market is in an Uptrend. As you can see the market is at a Daily Resistance. That is the barrier it has to BREAK to reach the next Level. This idea is a combination of a "Bounce and Breakout". These Structure Levels are supporting the idea: The (pink) Trendline which is giving Support and giving pressure to the price. The 50 Exponential Moving Average which is highly respected by Traders and Trading Robots. The SL is under the Trendline. The Target is below the next Key Level, where a possible Change could come. We recommend to close the Trade when the Price don't break out of the Resistance. Thanks and successful Trading :)!
Long
by swissmoneymakers