Flag forming in Gold. $2,200 possible within the yearGold has been consolidating and retracting in volume. It looks coiled to break-out past previous resistance. The 50,100, and 200-day moving averages are on the verge of intersecting and hopefully reversing course in a more bullish direction.
Signal to buy should be when shorter-term MA's breakthrough 200-day.
RSI, MACD, and Gold spot prices have been declining in unison. RSI signals it is not overbought and MACD is signaling buy which gives this trade some legs and breathing room.
On the fundamental side, gold is the most resistant to rust and corrosion, making it the most reliable and durable electrical conductor. It is key for computer and satellite technology. If Starlink is going to become a reality, regardless of whether or not it does so under the umbrella of Tesla or by IPO'ing, they will need a lot of gold to make those satellites low maintenance.
Gold is also essential in the production of green technology and it is essential for healthcare and our digital world.
I expect spot prices of $2,200 within the year and at least $2,500 by 2022.
Digital
Wait for it.. Price action in this consolidation... Double Busted Symmetrical Triangle? .. Bull Pennant? ... Bull Flag?... Complex Inverse Head and Shoulders?
Whatever, whoever -is responsible for this incredibly sloppy price action (since reaching a new ATH) has NOT made forecasting these movements a very clear task..
Waiting for some significant volume to determine if this is indeed a breakout, or if it will be one last test of this resistance before a significant correction.
HOWEVER -it's really hard to be bearish on the Corn right now.
EVEN THOUGH:
- DXY is still gaining strength and is heading towards the 200 DEMA, near 93.2%.. a 2.6% positive move.
+ Hidden bullish Div on DXY (daily RSI)
- INV correlation between DXY and BTC/USD has been about 15:1 (1% move up for DXY = 15% correction for BTC/USD)
- A handful of indicators are STILL hinting towards BTC being overbought
Confirmations for entry:
- 4hr close above $37.9K
- Positive volume > 21MA ($614.59MM)
- 4hr BULLISH confirmation on MACD
RRR for a buy at the breakout price of $37.929 and a T3 $69.474 is about 12.3.. however, if this bullish move is NOT a fakeout, I will let a significant amount of the trade ride the wave of BULLISH MOMENTUM.
Rather bland analysis, but aside from the sloppy price action and lack of volume, I believe this to be fairly straight forward.
What are you all seeing? Do you think bitcoin is headed higher.. or do you think this is a fake out?
Mastech Digital on board Its moving averages of 63, 126 and 252 periods have been closing.
It has strong support around $ 15.
It has resistance around $ 20.
It comes closing a triangle (bullish).
The long-term trend remains bullish.
"Mastech Digital is a leading provider of Digital Transformation IT Services. The Company offers Data Management and Analytics Solutions, Digital Learning, and Remote IT Staffing Services with a Digital First approach. A minority-owned enterprise, Mastech Digital is headquartered in Pittsburgh, PA with offices across the U.S., Canada, Europe, Singapore, and India."
AMEX:MHH
APPS Support & Earnings Run UpDigital Turbine has been on a rampage recently, and with good cause. The mobile app advertiser has surpassed over 3 billion downloads across all their worldwide campaigns, which has brought about enormous growth for the company recently, fueled by the digital movement recently. With the stock hitting the bottom of this channel, and technicals pointing to higher momentum, APPS looks like a great buy right now, especially as with earnings coming up on Wednesday after close.
Voyager will drop but then riseVoyager will drop but then rise
As will the entire market.
The election will drive this action.
This is a gut feeling and I barely have much else to go on but that is the way I feel.
OUR VIEW ON JOB GEE GROUP INC #StockanalysisIN BUSINESS SINCE 1962, FUNDAMENTALLY, THE COMPANY SEEMS SOUND, SOURCING JOBS AND PROVING STAFFING IN THE AREAS OF HEALTHCARE, COMMERCIAL & PROFESSIONAL SERVICES.
SEE MORE BELOW :
GEE Group Inc. was incorporated in the State of Illinois in 1962, is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893.
We operate in two industry segments, providing professional staffing services and solutions in the information technology, engineering, finance and accounting specialties and commercial staffing services through the names of General Employment, Access Data Consulting, Agile Resources, Ashley Ellis, Omni-One, Paladin Consulting and Triad. Additionally, the Company provides contract and direct hire professional staffing services through the following SNI brands: Accounting Now®, SNI Technology®, Legal Now®, SNI Financial®, Staffing Now®, SNI Energy®, and SNI Certes.
Also, in the healthcare sector, through our Scribe Solutions brand, staff medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records.
Technical
Insider Own 9.20% Shs Outstand 17.75M Perf Week 30.84%
Market Cap 24.96M Forward P/E - EPS next Y -0.51 Insider Trans -15.85% Shs Float 13.12M Perf Month 35.92%
Income 10.10M PEG - EPS next Q -0.22 Inst Own 17.50% Short Float 0.06% Perf Quarter 38.48%
Sales 129.80M P/S 0.19 EPS this Y 144.40% Inst Trans - Short Ratio 0.01 Perf Half Y 20.69%
Book/sh 1.54 P/B 0.91 EPS next Y 32.90% ROA 8.20% Target Price 1.75 Perf Year 240.36%
Cash/sh 0.79 P/C 1.77 EPS next 5Y - ROE 53.60% 52W Range 0.17 - 2.49 Perf YTD 40.63%
Dividend - P/FCF - EPS past 5Y 20.90% ROI -2.20% 52W High -47.79% Beta 2.29
Dividend % - Quick Ratio 1.70 Sales past 5Y 24.50% Gross Margin 34.40% 52W Low 675.19% ATR 0.10
Employees 258 Current Ratio 1.70 Sales Q/Q -20.30% Oper. Margin -1.10% RSI (14) 68.16 Volatility 11.88% 8.79%
Optionable No Debt/Eq 2.54 EPS Q/Q -147.00% Profit Margin 7.80% Rel Volume 3.12 Prev Close 1.40
Shortable Yes LT Debt/Eq 2.46 Earnings - Payout 0.00% Avg Volume 737.29K Price 1.30
Recom 2.00 SMA20 23.08% SMA50 26.89% SMA200 55.25% Volume 1,541,694 Change -7.14%
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our Site constitutes a solicitation, recommendation, endorsement, or offer by The Trading Regime Inc. or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
The Trading Regime Inc.
AMEX:JOB
POTENTIAL PULLBACK PATTERN FOR BTCUSDPLAN
- After the JP Morgan News about BTC, the price started pumping because that is the biggest bank in USA.
- If the price closes below the $31300 or FIB RETRACEMENT 0.786.
- The price might have pullback to any of the three target.
INFO
- Trade shorts cautiously, with the support of the hourly EMA.
- The link to the CNBC news of JP MORGAN: www.cnbc.com
- Yup, during recession period people would search for a safe haven to store their money. BITCOIN IS THE DIGITAL GOLD AND THE FUTURE CURRENCY ...
SIGNING OFF,
THE CRYPTONIZER
WDC - Possible Pullback, Short Term Put GambleI'm a bit scared to make this play, because if this thing breaks out, I lose.
But a backtest is possible, and it might even break the slant support trend line.
Hopefully it pulls back tomorrow, so I sell and leave.
I have a 12/11 $48 put, break even 47.05.
ZM breaking through Symmetrical Triangle before earningsZM broke it's Symmetrical Triangle today and is pushing upwards before earnings Monday after market close. With being now 20% down from it's all time high of $588.84 there is room to run. Although with a PE Ratio above 500 it is overpriced and leading on momentum and our situation from Covid-19 and Politics. Look for major resistance at $500.
ZCASH WEEKLY AND DAILY REVIEW.Price is at a a key level and considering the hype and positive reviews, we all know Zcash will definitely increase in price.
From a technical analysis point of view, the first price target will be the top of the ascending channel with a possible continuation to the previous supply zone after which we might see price slowly dwindle down to form new lower lows.
The overall current momentum is bullish at the moment and we only look for buys in the next couple of weeks.
Leave a like ,folow and comment on a pair youdlike to see me review next. Stay Winning.
Bitcoin's market dominance going into next bull spikeBitcoin's market dominance going into next bull spike price pf $250,000 or greater. Bitcoin dominance is already lagging and clearly the altcoins are slowly gaining dominance into this next bull run. I am using past Bitcoin dominance history as a probable scenario in the future here. Clearly you can see that Bitcoin topped out at the golden pocket fib zone and from there has been on a downward trend. could Bitcoin's dominance come back up after the halving yes and no. Yes because institutional monies could accomplish this by not investing into the altcoins and no because they will be interesting in legitimate altcoin projects along with Bitcoin. Personally I believe the Altcoins will once again gain dominance over the mother of all coins.
Bitcoin second path to $250,000 by mid 2023This is another possible Bitcoin price projection into 2023 whereas I have also provided one for mid to late 2022. Of course, this is all speculative and you should not base any trade moves based on this theory. I am using the fib circles and pitchfan fib to help me with some kind of direction towards the $250,000 mark.
Voyagert Digital - yet another low cap Crypto companyVoyagert Digital - yet another low cap Crypto company
I am a painter and i like to make these market journal entry college's with Candle stick charts, these are paintings, nothing more.
I want to hold this long but there will be some short term movement down and then up.
RIOT and MARA are also responding well to the Crypto revolution this year.
See links below.
NTO - Looks ready to break out!Technically I'm looking to enter when the all time high breaks out. Fundamentals are strong. NTO is in the software solutions business and has extremely strong CV 19 tail winds, particularly via the digital transformation electronic signature space.
2020 - the year the digital separates from industrial economyCheck out the different valuation of new, digital enterprises compared to conventioal, industiral age companies in 2020. It shows that our old, heavy industrial age is coming to an end and will be replaced by new information and collaboration economy.
GBPJPY Hello Traders, here is the full analysis for this pair,
Conditions for entering into trading on this pair
Close the whole body of a candle above the orange area. Entry is a buy for green bullish targets
Stop-loss order: The closing is in the same area to exit the purchase and execute a sell order For green, bearish targets
If your entry method does not agree with these areas, do not risk entering
If you are not satisfied with entering this way, you can tell me about that in the comments section below