$GLBS BULLISH REVERSAL $4 to $20 to $95The chart pattern is a falling wedge, it’s a bullish reversal. The price has been bouncing between support and resistance and today we can confirm its a buying opportunity. I have continued to buy and bought more at the $4.00 range.
The rsi is oversold on all time frames, the emas were trashed, the volume is high, the OBV is down, the only indicator was the chart pattern connecting trendlines.
Currently the price is $4.00, my forecast on this stock in the next 24 months is a target of $24.00. And the highest possible target is $95.
Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Globus Maritime's float shares is 9.61 Mil. Globus Maritime's total shares outstanding is 9.62 Mil. Globus Maritime's float percentage of total shares outstanding is 99.85%.
Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Globus Maritime's Insider Ownership is 0.00%.
Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Globus Maritime's Institutional Ownership is 0.53%.
Short Percentage of Float is the percentage of shares shorted compared to the float. As of today, Globus Maritime's Short Percentage of Float is 18.03%.
Globus Maritime is a dry bulk shipping company. It was impacted by the world shutting down due to Covid-19, bad business decisions such as reverse splits and net loss on sales. However the company was able to finance to expand business operations with a new fleet and they continue to expand. This isn’t a short squeeze opportunity, this is a slow growth opportunity.
When investing always do your own research, you are responsible for your trades. I’m not your financial advisor, im share an idea. And I personally invested in this stock because I believe in it long term. I’m holding, im buying more and its my risk.
Buyingopportunity
APPL stock - DOUBLE HIGH for APPLEApple has made a double high formation at $140, which leads to a price drop. I see it as a little bit risky to short APPL, so I am inclined to open LONG positions at $113 and $101.
If we cross the double high, let's enter the LONG positions during the pullback from the top of $140.
NBAC aiming all times highThis is my first public IDEA, but i think NBAC can rally up too on christmas week:
Here's my thoughts:
- the increasing volume day by day
- very volatile stock (by its low amount of outstanding shares)
- and the bulls now arrived on friday
- stimulus is near
- NUVVE have good future
- NUVVE is currently under valued
- upcoming NUVVE merge on february 13
- its now on 16.99 in after market (it will be lower on monday to make space to get in - hope so ;) )
BTC & Daily 21EMA 2016 Bull RunLook at BTC and how from Oct 2016 thru begining of January 2017 BTC NEVER CLOSED a Daily under the 21EMA...but did bounce off of it several times.
The arrow show where we are relative to 2016
BTC is due for a Daily 21 EMA bounce
Once it hits ATH it will retrace to the 61.8-65% Golden Fib Pocket
If you want to ride to the top, buy in at 13800 Daily 21EMA and rising...moving up daily so buy-in level will change
...or wait for the Weekly 21EMA Bounce in January
I see $21,500-$22,500 as a top-out point on this run..we'll come back next year and see if I was correct or not...
EUR/GBP bullish flag formation (1H timeframe)On the EUR/GBP 1H chart we can see a clear bullish flag formation emerging so I would say there is definitely a buying opportunity at hand, the question is, will the price find the resistance again, come down to the support for a better entry into the market...?
What are your thoughts............?
ATVI Buying Oppurtunity NASDAQ:ATVI has taken a fall down below the 100 Day SMA. This has since formed a bullish flag with a similar line of upward diagonal that held dips in price in June and early September. The big drop in price is due to the pushback in their new WOW game release. However, the stock holds a lot of value and has continued to see increased sales through quarantine. Furthermore, the release of new game consoles for NYSE:SNE and NASDAQ:MSFT in November will likely further boost the companies sales. My first target for this stock is 81.82 in a couple of weeks and 85.84 by early November.
GOOGL Swing TradingNASDAQ:GOOGL has broken its trend channel and seen some major downside. Due to TikTok news and the tech slide GOOGL could possibly rally next week before facing more downside into the week of its earnings. Pictured are Elliots wave and its correction along, the thickest line was taken from the weekly chart and has proven as a key level over the years.
Silver forecast. Great buying opportunity upcoming.Today we have a look at the chart of silver on a daily timeframe. Since the March crash it has formed a cyclic pattern as observed on the graphic - during the first cycle of 93 days or 66 bars, silver touched the trend curve twice - once every 33 bars or 48 days. Starting from the beginning of the second 66 bar cycle, the metal has only formed the top after 48 days. Therefore, from all the said above we can expect a bottoming occur around September 22nd, where silver could touch prices as low as 20.80 (the trend curve). This is of course very unlikely that silver will go down to such extremes but it is theoretically possible. However, it is certain that we will see some sort of a sell-off coming to this date targeting at least 23.8, form a double bottom and skyrocket higher. Either way, we will get a good buying opportunity and closer to the day I will give out a futures long idea.
Investors that want to be short can rightfully do so with low risk and a tight stop at a close above 27.5 - the triangle resistance line. Both technical indicators are bearish, hence selling trading strategies can be applied. I personally prefer to stand aside in this situation and wait for the buying opportunity.
*Please remember, futures and leveraged trading involve a substantial risk of loss and are not suitable for all investors.
RSRBTC4H. Formation of a falling wedge in progress?RSRBTC4H has found support at the Fibonacci 0.382.But, if 'A' proves to be weak and I suspect it may give way, we could be looking at an opportunity to scale in some orders at the 0.5 & 0.618 levels. See how trend line 'A' was once resistance & is now support? Let's watch this zone like a hungry hawk too, there could be a scalp trade in the offering there for the bold. Also, a rather compelling forecast is if 'A' fails this may well confirm a falling wedge pattern in the making. That's going to be a rather tasty proposition...I'm neutral for now, RLCBTC is not at point of particular interest quite yet. But good to be prepared. Instinct, that life saving quality we all have tells me we have more downside yet.
Some of my in the know Crypto friends feel this is a coin with magnificent fundamentals and is destined for serious upside.
CHEK Check-Cap upside potential - huge volume!Check-Cap Ltd. is a clinical stage medical diagnostics company engaging in the development of ingestible imaging capsule system for colorectal cancer screening.
Net Income $-13,840,000, but an encouraging Quick Ratio of 3.69.
Looking at the volume, this asset can double its price is seconds.
on 5/28/2020 HC Wainwright Reiterated Chek Rating to Buy and the target is $2.00.
Not trading advice.
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NSDUSD Buy Institutional analysisNZDUSD should go up from this point. I trade forex like the Institutions so it is a buy according to my analysis. If you seeing this now , place your trades immediately if you like what you see. Risk to reward ratio on this one is good and make sure to use good risk management as well. Safe Trading.
Potential Buy opportunity for GBPAUD/ Institutional trading According to my Institutional view of trading... GBPAUD will rally but before that I'm waiting for price to reach the area 1.79650, which is where I'm looking to place my buy trades as shown above (buy limit orders applicable as well). Then SL will be at 1.79069 meaning this is a low risk to high reward trade (Risking 55.8 pips for a reward of 279 pips). The TP area is at price level 1.82492, which is also a sell zone I'm looking @ to sell GBPAUD as soon as it reaches it (TP's 1 & 2 have been provided). Again risk to reward is very good and all the information has been provided on the chart .
Use proper risk management and safe trading ;)