AMD Rising Wedge, But bullish Ichimoku (2 Day)AMD right now is creating a rising wedge. This should break to the downside, however the ichimoku is currently very bullish. I predict that AMD goes to $32 ish, and has a dump, possibly all the way down to $12-$13, or even $6.
Bullish Signals:
Price moves above cloud (trend)
Cloud turns from red to green
Price Moves above the Base Line (momentum)
Conversion Line moves above Base Line (momentum)
Cloud
No one shorts Mdb and lives to tell it's tale.lol, honestly, I don't even dare to short mdb.
However if i were to start a position, it would be at $150 because the latest analyst pt was around $150s, and the RSi is just so high already, it's gotta reset a bit.
But if there's one stock that doesn't give a shit about the market condition, or spy. that would be MDB.
Literally the only stock to be buying the fucking dip.
Short at $150.
stoploss $151
take profit $147.
Long - Take-Two Interactive (TTWO)- NASDAQ:TTWO broke above a falling wedge pattern in place since last summer
- Prices are trading above their 20-day and 50-day EMA
- MACD finally turned positive
- Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards)
- Target is set at an overlap level the 200-day EMA (20%) with a stop-loss at the low (8.25%)
Long - Activision (ATVI)- NASDAQ:ATVI broke above a falling channel in place since November
- Prices are trading above their 20-day and 50-day EMA
- MACD finally turned positive
- Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards)
- Target is set at the gap near the 200-day EMA (17.5%) with a stop-loss near the 20-day EMA (8.5%)
What the current $OSTK impulse wave might look likeTo understand the recent low volume selloff take a look at a Bitcoin chart. The price has seen a corrective move back to support. While OSTK is highly volatile this price level will likely hold before the next leg up to $24.80 - $25.00.
The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications.
Healthy traffic levels on overstock.com over the last quarter are likely to have a positive impact on the upcoming earnings report along with progress made by several of the Medici Ventures brands in their markets of tokenized securities, land titles and voting on the blockchain. Short interest is maxed out.
The possibility of an announcement this month or next having to do with the sale of the retail operation coupled with the possibility of a venture capital investment in their blockchain startups gives OSTK a lot of upside potential and the market is taking notice.
USD/CHF 60 PIPS Short Reasons why to short USD/CHF:
Parabolic SAR Indicates a Parabolic bearish reversal in price
Cloud breakout at the major resistance zone indicates sell pressure and more proof we are going to reverse because the previous cloud breakout at the major zone also indicated a sell off.
We broke the trendline and good selling support has shown
ATR indicates a rise in volume anytime soon which means big movements
DXY Looks Bearish
Reasons why to go long on USD/CHF
DXY looks Bearish but news can cause a bullish legg on the upside to 97.00 Area
Because sometimes unlogical movement in the market is logical movement, banks playing around.
tomorrow important day for SPYLag line coming up to the cloud, we didnt get 3 green candle confirm once we broke through so the next real test is the lag line meeting cloud.
Either we fall back down to cloud and the futures will pinch, or we get a real confirm out of the lag line and we're back to buying calls.
Area of confluence - ShortFor confirmation daily RSI needs to stay below 50.
ATR right now equates to about 3%. Stop is a little tight for that. Something to keep in mind and reflect on later.
Shorting one of the names that has held up well is probably not the best choice for capital allocation however.
Im sure some sort of cipher or bat pattern could better pick a target.
NTAP: Earnings Stock of the Day NetApp was one of the earliest companies in Cloud Technology. It had a stellar rise in price in 2018 but is now at risk of a topping formation. Data Storage is still a growth sub industry of the Cloud Industry. However, NTAP has gone beyond its fundamental values for 2019. Support levels are on the chart. Bounces should be expected around these price levels. This is an incomplete top. The stock could move sideways in a trading range rather than down. To sell short, the stock must break to the downside from here.
AKAM - AKAMAI Technologies Cloud and Blockchain needing CloudAKAM
The Akamai network has an inherent advantage running a distributed ledger in blockchain per JPMorgan 11.9.18 article.
Currently has shown trend of large spike investment last 3 quarters and in 1w chart shows near CCI entry, while day chart is not indicating same. Watching.
IBM is the largest patent filer in blockchain technologies, however has never been a good stock to own. It likely is best when it splits itself up.
Blockchain as an operating system would be more cybersecure than IOS and MS Windows and future tech worth watching for and will be 10x what MS growth was.
Food-tracking, financial transactions, faster payments, all part of blockchain value streams, however currently uses more energy to process/handle than spent on
mining energy globally as a bit of sad news with blockchain / crypto.
Twilio - entry at 63.44-63.50 areaTWLO TWLO has been oversold and great day momentum trade. Looking for resistance below current price around $63.50 area.
Market Cap is higher than Enterprise value, but the world is going to need more of what they offer....6.47B vs 6.1B.
VIX Rult #1
VIX Rule #2, don't forget Rule #1
VIX Just reminding you
About; Twilio Inc. offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company's platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs). Its Programmable Communications Cloud offers building blocks that enable its customers to build what they need. Its Programmable Communications Cloud includes Programmable Voice, Programmable Messaging, Programmable Video and Use Case APIs. The Super Network is its software layer that allows its customers' software to communicate with connected devices globally. It interconnects with communications networks around the world. Recently partnered to provide narrow-band IoT for lower cost cellular services.
Recently acquired SendGrid
When will bigdata give positive earnings, think Google turning profitable...
Potential H&S bottom on Cloud Peakbull case for coal stocks, with rising exports/rising gas prices/cold winter forecast.... May '19 target of ~$7 at the neckline
ORCL - Oracle stock dominated by mobile architecture JavascriptORCL
Oracle (large cap.) offers a 1.59% dividend with current stock prices.
Dividend has not been raised since end early 2017 and overdue.
Top Oracle Software Exec. taking leave of absence per WSJ 9.7.18
Oracle 5G CUPS is new control and user plan software architecture partially introduced in 4G & to be fully integrated in 5G and help support cloud data integration & support SaaS.
* Dividend $0.19/Q, or 0.78/yr, which at $47.81 is a 1.59% yield.
* 5G will generate profits in late 2019 and slightly earlier for SaaS services
* Key markets healthcare, transportation, blazing internet, smart cities, energy security, aka billions of devices coming on-line
* In Aug. a pension fund started lawsuite with Oracle, accusing them of farbricating cloud sales and creating unstable sales model. In reviewing their chart, they are just like the spikes of major telecomm stocks associated with 1G-2G-PDA-3G-4G-4G LTE and soon 5G in 2019-2020.
* The past year was anything but stable for ORCL, which is more like telecomm stocks than IT/Software stocks.
* #needstodiversify
This posting is for own reference. Come to own conclusions. Comments welcomed.
$BTC Getting ready to drop dramatically? If so, Autumn sales!!!Hi folks, I drew this yellow line back in June based on KUMO cloud and fib retracements.
With a (amateur) off-set it seems to be holding some shape and form.
Probably not a popular prediction, but if this thing hold we'll slide right down under that red cloud before we shoot up in November
Would be quite dramatic because October would slash the price 43% ($4405) at best and 68% ($2485) at worst....
ETH back to pre-bubble levelI really like ETH but it's not looking good.
ETH is looking to fail the weekly cloud here. Next line of major support is back to the levels of last fall.
ETH used to oscillate around 280-330 for a while, seems to be pointing back to these levels.
ICO's shitcoins spending their massive initial investments of BTC and (mostly) ETH will probably continue until late in the year.
TNDM will see huge growth - This is a great BUY opportunityTandem just got FDA approval for their t:slim x2 with BASAL-IQ and will be integrating the device with Dexcom G6. Sales will begin as early as August while expansion into several international markets is ongoing. In the meantime, we should expect to see FDA approval for Control-IQ in the first half of 2019. The company will reach cash break even point next year also. Technical chart should soon enter the previous falling wedge and hopefully break through it.