ENS
LG Display is Looking UndervaluedFundementals:
P/E ratio at 3.5
OLED Sales gonna be higher since the holiday season
LCD Prices remain high
LG beat Q3 expectations
OLED growth going to be lucrative as LG position itself as the leader.
Technicals:
14day MA cross 50 Day MA
Bullish Reversal Pattern Formation
ENS Airdrop - Ethereum's Big Experiment in Political GovernanceAs of this week, ENS (Ethereum Name Service) tokens have been airdropped to .eth domain holders. The idea was to issue tokens for governance and policies, but the odd thing is that they decided to let it have its own market.
I think the idea behind this decision is to make the connections between politics and money explicit, rather than trying to deny it or separate it. We can see in the real world that politicians lie about this stuff all the time, while their supporters just hold their heads down and pretend it's not going on. Is this system a better one than the ones we have now? We'll find out, I guess.
ENS Stocks' local consolidation for future price increaseWith the prevailing longing movement there is potential signal which is gonna prove buying trend - flag formation.
It's good to notice that there is a good probability of false signal formation - breakout of bottom flag's line.
In our opinion it shouldn't confuse traders. Enter the position only after top flag's line breakout.
Also we see that recent correction with diminishing volumes (e.g. divergence) and that 60.00 price was broken with high volumes, e.g. volume of trades confirms our vision.
The vision and recommendation is to buy.
Entry point 65.00 ( top flag's line breakout)
Stop-loss 62.25 (flag's low price)
First Target 75.00 (according to Elliot's wave and sizing methods)
Risk/return ratio 1:3.64