NASDAQ:SBUX , NYSE:CMG , NYSE:YUM This 24% jump in SBUX stock as a result of recent news of them hiring Brian Niccol seems a bit excessive. Sure he is a wonderful CEO and he has made significant improvements in both companies he has run, but this situation seems significantly different. With NYSE:CMG he was able to trim the fat and cut all costs...
NYSE:ANF ANF has recently pulled back from its all-time high (ATH) following its latest earnings report. Despite strong earnings, same-store sales, and electronic sales growth, and a dynamic inventory selection, concerns about a potential recession have weighed on the stock. Key Developments: Recently dropped below the 100-day Moving Average (MA) ...
You know why bear markets are so hard to trade? Because when the market bounces up (just a little), some stocks fly up. ANd this results in stop losses getting hit, before the market comes back down. That's why we need to determine the volatility movement within the indices and stocks and WIDEN stop losses and take profits - to not be victim of these short...
Following my previous update in June 2022, Bitcoin has indeed carried out most of the dead cat bounce that I've been expecting. Granted, it took longer than I thought, but the levels are still valid. This is just an update that we are indeed on track with the plan, anticipating to enter the 35k-37k price zone before the bear market continues. This zone is a...
It's clear that we've had the 1 year anticipated breakout. And it's down. Right now, we are having a slight rally which is known as a Bear Market Rally or a Dead Cat Bounce. The price can go up a day or two but the resistance level will most likely hold. And this will cause the next down leg with the ALSI... First target will be around 61,403
NASDAQ:RIVN Daily printed shooting star on high volume after rejecting weekly supply zone. Also rejected high volume node. Massive volume gap below. Expecting a huge sell off as long as stays below 28 level targeting 16/15 support zone.
Bitcoin price painted a bear flag; 4h. There is small bullish divergence here...could be a dead cat bounce. There is much FUD. Spot trading only. Call limit order filled: 24826.00 Fractal target_1: 25370.67 Fractal target_2: 25620.00 Stop: 24481.82 glta
🌤️ Bitcoin Weather Report: Sunny Forecast! 🌤️ According to the latest Bitcoin chart index for the past hour, I'm happy to announce that the weather in the Bitcoin world is expected to be sunny ☀️. With a confidence level of 1.0, I have high certainty in this forecast. Let's take a closer look at the key indicators: 📈 Open: 25019 🔼 High: 25063 🔽 Low: 24890 📊...
Hello, This is our time to shine my bear bros! I waited for this moment my whole life! I constantly wait for the moment to make money while others suffer. If you have been in this game for more than 6 months you know that Credit Suisse is a losing story. No one wants to buy this dead bank. And even people "on its side" have targets way below where the price is...
Checking out a chart of KRE the regional banks have been the epicenter of the latest banking crisis. The FED has responded with BTFP to try and get ahead of the problem of mark to market losses on MBS and treasury holdings, but is it enough? I would have expected confidence in the sector to be somewhat restored and stock prices to have a relief rally. But...
It's a personal opinion of mine that psychological levels, whole number resistance and support, should have this much control over price action. Psychological levels have the most effect when there's extremes of emotions. I feel it's rather self-explanatory. It's either going towards zero or it's getting bought to prevent it from hitting the pavement. The...
BTC is in a very interesting place right now, there is sign of buying on weekly charts but is it what ppl call "Dead cat bounce" or whales pushing the liquidity in. My personal target is 25k, if and when that reaches, I would short and wait for it to pre 2017 levels. So long till 25k, then get everything out of the market.
A DEAD CAT in the house. Comedy my friends . . bonus if you instantly got the Warren Buffet reference to Bitty. OK, getting down to the biz of our darling XRP, some points to indicate here : 1. With the exception of volume presence in the recent range, this bounce looks a LOT like a dead cat which could mean a continuation of the broader downtrend. Let me know...
Based on fractals on the green box, I'm expecting $XRP last rally up before drop to demand zone maked by red line
Based on fractals on the green box, I'm expecting $XTZ rally up before drops to demand zone marked by red line
I suspect that there are similarities between the bitcoin fractal in the 2019 - 2020 range and its fractal in the 2021 range to today. If examined more carefully, its fractals pattern forms a big descending triangle pattern, where the last upward rally in that pattern begins with a double bottom. However, there are high uncertainties regarding how accurate the...
$BETA fractals repetition suggest a big move up before a drop to its unknown demand zone.
Following macroeconomic situation and all the financial markets being on tight grip I anticipate lower targets for btc and spx this 20% decline will make btc fall more than 40% and that would be a target of around 14. Today, Aug 27th, investors moral is quite low and I believe this was the real DEADCAT BOUNCE that we were expecting.