RLC IEXEC - GOOGLE, INTEL, IBM CLOUD, UBISOFT 5000%++ GAINSRLC is running the bull run first in the crypto market.
RLC will be the main decentralized cloud computing provider for the BIG tech companies.
Why? RLC helps these major TECH companies earn more ROI for unused cloud storage.
GOOGLE CLOUD will be next in the line, alongside all other cloud companies that has not been announced.
IEXEC just announced that they have joined Confidential Computing Program and have been working on the project since the alpha release.
Huge things to come soon.
July - DEFI news
SEPTEMBER- MAJOR news for mainstream adoption!
RLC is following LINK bull run from NOV 2018.
1W CHART wise, SUPER bullish,
Fundamentals wise, ULTRA bullish.
i'm holding RLC for that 5000%+ gains!
*Not financial advise, this is all my opinion.
Cloud
LONG - ALGO - Trading OpportunityALGOBTC has been inside the daily cloud for quite some time now and it's holding quite well, making a perfect retest of the MA200 and support, the huge volume that has been coming in is a pretty strong indicator of what's to come next, looking at the flat tops of the cloud as target.
Entry: 0.00002941
Target 1: 0.00003573
Target 2: 0.00003749
SL: 0.00002769
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LONG - SNM - Trading OpportunityBINANCE:SNMBTC retesting the support that opened the way for this huge pump, making confluence with Kijun and bottom of the cloud, nice stop as well.
Entry: 0.0000093
Target 1: 0.00000113
Target 2: 0.00000123
Target 3: 0.00000142
SL: 0.0000087
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Dropbox at the bottom of its rising trend channel Dropbox has broken out of its negative trend channel around January 2020 and this area 21-22 $ seems like a great entry point if
the drawn trend channel holds up (there is some resistance at 23.5 $). Furthermore MACD gave a buy signal already in January 2020 and still no sell signal on the weekly chart has appeared. On the fundamental side, The Motley Fool also thinks it is a good buy: www.fool.com
QUIS.V -- Raised $16M @ .75. Trading at discount. US expansion.QUIS.V is being seriously overlooked here, imo. Data management/cloud services, getting a lot of business during COVID-19 pandemic including from healthcare sector. Announced $5M bought deal placement @ .75 and it was upsized to $16M with some serious institutional backing (Eight Capital, Scotia Capital Inc, Clarus Securities Inc., Raymond James Ltd., Echelon Wealth Partners Inc., Beacon Securities Limited). Insiders took $200K @ .75. Financing is now closed. Expansion to Southern US to come shortly. Trading at discount. Gap at .88.
LONG - SKY - Trading OpportunityBINANCE:SKYBTC finally broke out above the infamous ~60k resistance that had been holding it down for way too long, and that came together with a Kumo breakout of the cloud, expecting a lot out of this one.
Entry: 0.00006098
Target 1: 0.00007728
Target 2: 0.00008539
SL: 0.00005719
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LONG - AION - Trading OpportunityBINANCE:AIONBTC has been on the daily cloud for a few days now, but not much has come out of it, after retesting the kijun and support that led this past pump, i think we are ready to go back for the highs.
Entry: 0.00001187
Target 1: 0.00001374
Target 2: 0.00001512
SL: 0.00001126
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you already know wtf is going onmoon fucking dera it gets 12.79 its at 16 so fucking fast
you dont need indicators u just need a brain
get calls after the 12.79 breakout
this is a lay-up if you miss this quit trading
VIX Change in-sight: Cloud SquaredHere is the 'Ichimoku Cloud ' indicator shown for the VIX .
Although this indicator offers a surplus of signals I wanted to point out a 2nd cloud that can be found between the, ' Conversion Line ' and the, ' Base Line .' * The importance of this 2nd cloud is that when price enters it's range, the (price) direction is likely to change. * Aside from that, the cloud commonality is that price being below these clouds concludes a downtrend and the price being above the clouds concludes an uptrend).
*THUS (if these calculations are correct), the VIX is heading UP* GOOD LUCK!
Bitcoin monthly ichi cloud shows where the trend is (bear)since what will feel like forever bitcoin is now below the 1M ichi cloud, falling in the last few months and is now battling to get back above.
with the current economic climate it makes sense to enter shorts here:
- ich cloud resistance
- mid channel test
- monthly pivot
^^^ getting above these points would suggest bullish intent and possibly trigger a new bullrun but for now it seems lows and long term accumulation are ahead.
"CLOU" A Cloud ETF with Continued GainsGlobal X Cloud Computing ETF continues to take off as the broader market makes sideways or smaller increases in comparison. The price is very attractive at around $20 per share that offers exposure to Twilio "TWLO" 6.06%, Zscaler "ZS" 5.04%, Zoom Video "ZM" 4.57%, Coupa Software "COUP" 4.45%, Shopify "SHOP" 4.10%, Paycom "PAYC" 3.94% and quite a few others according to XTF. It should be noted that there is expense ratio of 0.68%. The expense ratio is high for larger ETFs, but just slightly above average for newer niche ETFs. The ETF has 635.25 AUM (Assets under Management) and a TTM Dividend/Distribution yield of 0.04% according to FactSet. Unfortunately, this is not an ETF that will provide much return in the form of dividends.
There are quite a few dominant players in the ETF that have seen exploding gains since the Covid-19 pandemic. There is also widespread belief that the behaviors established during the lockdowns will extend long beyond the pandemic. Many companies have come out in support of allowing employees to continue to work from home. Additionally, primary, and secondary education students may also continue to learn from home - accelerating a trend in online education. If these predictions hold true, there will be much growth to be gained from the underlying companies in "CLOU". There are very few filters on what companies are permitted in the fund. Global X states that any company that earns at least $500M from software or applications, provide virtualized computing from a PaaS, and cloud computing data centers is eligible for the fund.
The long-term value of the fund looks great for growth. The EMA 12 is at $20.00 and the EMA 26 is at $19.59 (these values were chosen as they are corresponding to the MACD indicator). However, there are some significant signs that the fund may be overbought according to the Stochastic RSI and the MFI. The Stoch RSI K is at 99.41 and D at 99.61 and the MFI 14 at 86.26. These are signs that the fund may be extremely overbought. Although, it should be noted that we are looking at an ETF and not common stock of any one company. The linear regression shows a very promising trend with the price very smoothly moving around the mean within a standard deviation of 2.5 at a length of 100 and a Pearson’s R Correlation Coefficient of 0.9043. Therefore, it would be a strong signal to wait for an entry point if you have not already purchased this ETF. At the time of this writing, a price between approximately $19.30 and $20.00 would be an acceptable entry point into this ETF.
LONG 100 Shares CLOU @ 19.73
Cybersecurity massive volume!On a minute chart, there was a buy trade for 266,069 shares; creating the biggest volume spike in this ETF's short history. (check volume candles on chart).
As we see the volume spike on a specific minute (10:48am ET), we can assume the trade was made by probably 1 institution/person. This means this individual created a position of 5 million dollars with a single trade into BUG.
10sma towards the $19 range shows short-term support.
Top-10 Portfolio holdings by weight:
OKTA (8.4%)
FTNT (8%)
ZS (6.93%)
Trend Micro Inc (6.09%)
CHKP (5.69%)
NLOK (5.63%)
QLYS (5.61%)
PANW (5.23%)
AVST (4.89%)
PFPT (4.79%)
Total % weight: 61.26%
BABA: You may not see $220 again.
Fundamentals:
BABA has been underperforming (in comparison to US companies positively affected by the COVID 19)
Potical uncertainties (trade war), Chinese companies scandals (ex. LK), have deterred BABA from making all time highs, unlike Amazon.
These factors cause low multiples.
Healthy company, with strong growth. Big player in AI/Cloud, where gold mines of the futures lie.
Technicals:
Amidst legislation that would allow delisting of Chinese companies yesterday, stock fell, but quickly regained.
High volume buys yesterday suggest current level is attractive.
Earnings:
- highly likely to beat, by a large margin - more buying should ensue.
- Price unlikely to fall much regardless of market reaction to guidance.
- Given likely a large upward move, and an unlikely drop after earnings, $220 is a great price to buy.
- Worst case scenario: price fails to break $220 on earnings, close out even or at a very small loss.
$220 is a level that will unlikely to be revisited if BABA breaks upwards.
Price Target: $380 -$460
AutoDesk ending downtrend?Autodesk is breaking the downtrend from late February.
Closing above $190 would put us above horizontal resistance, and deny the double-top formation.
When using fibonacci retracement lines, we see strong support at the 50%, and we are now rallying of the 61.8%.
Important to mention they come out with earnings Wednesday 27th after-market.
Buying a week pre-earnings has been a strategy working well for me so far.
Watching closely.
Fibs off last years high/low and this years low/high 12H BTCUSD Watch for large movements along these fib circles.
Add new ones as time progresses.
Make adjustments as needed.
Many parabolic moves happen on major fib circles.
Ichimoku cloud looking bullish as well.
Maintaining this upward channel looks bullish. Placing stops below channel and trailing price.
Ichimoku Analysis - Bullish RMBLHello everyone,
Quick analysis about NASDAQ:RMBL .
Why is this chart bullish?
Future Cloud is green
Conversion Line crosses the Base Line
Base Line is upward
Lagging Span is above the Cloud
Lagging Span is above the former price (-26 bars)
All of these elements lead to a strong trend. Even if the stock is a bit overbought.
Happy trading,
Why I'm Betting Long on Intuit and SalesforceFirst off, please don't take what I say seriously, this is on opinion basis, and I may have a conflict of interest. That being said, let us get to my thoughts. Both stocks are in the same CRM and cloud computing industry categories, and both had very similar growth correlations and periods. I believe as a long hold, both stocks are still continuing to meet many market expectations, and aren't high risk companies to invest in. You could see by my chart, I have set positive targets for both.
NZD/USD: Super bullish! Don't miss this very nice opportunity! Hey guys,
I have spotted a very nice buy opportunity on NZD/USD .
As you can see in the above chart, the pair broke a very nice channel to the upside.
* H4, H1 and M15 are all bullish since price is above the KUMO cloud.
* Price is above the pivot line
* On M15, the TENKAN SEN and KIJUN lines crossed to the upside, suggesting the pair is very bullish .
My plan is to buy when a pullback occurs. If no pullback, then no trade.
Feel free to like/comment my ideas if you appreciate my work!
Trade with care.
Best,
Jesse
The COVID-19 Discount, AlphabetOn an aggregate scale, the COVID-19 induced outbreak has hit large-cap enterprises around the globe. Cost-cutting measures will be implied towards ad spending and I.T investments which in return results with Alphabet´s cloud and digital ad streams being impacted negatively in the near term. On the other hand, the discount in price is favorable for long plays for the long term. Google Cloud is still a top cloud infrastructure player as cloud spending on the enterprise side can continue for a long time as companies seeking scale are shifting to the cloud.