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Exponentialmovingaverages

SJW is a long swing trade opportunity AND a buy-and-holdSJW Group offers at least 10% upside in the $62 range as of Friday March 26, 2021 and, thanks to steady dividend growth, would make a fine addition to your "buy and hold" portfolio. Weaknesses The commercial property SJW Land Company (subsidiary) owns in Tennessee are probably reeling due to COVID (no Annual Report available for 2020 yet) Same for Chester Realty (subsidiary) in Connecticut as vacancies and business trends change Overbilling "scandal" in 2017 for some San Jose-area residents They run a "boring" business primarily as a water utility conglomerate in California, Texas, Connecticut, and Maine so new media-based surges in price are unlikely Strengths Passes my "OK Boomer" test with a dividend that has been increasing consistently for 16 years (ignore incorrect Q42017 data on Nasdaq's website, an extra dividend was paid after a subsidiary was sold) Water utility subsidiaries are distributed on both coasts which limits natural disaster impacts Price negatively impacted like many other companies during mid-February sell-off All real estate details sourced from 2019 annual report. TipRank Only 3 Analysts covering SJW Group Median price target $73.50 Chart Price fell beneath the 200-Day SMA on February 25, 2021 as part of a larger sell-off trend 5-Day EMA crossed the 20-Day SMA up on March 24, 2021 and the closing price continues to ramp up RSI increased from 30 to 50 during last week's rally Summary Even using a conservative price target of $69 (below the median $73.50 TipRanks price target), SJW Group has about 10% upside based on the current price $62 range. As a "boomer" stock marching towards Dividend Aristocrat status in a "boring" industry, SJW could easily slide from your swing portfolio to your buy-and-hold portfolio.
SLong
by danwagnerco
BTC Update - Support and ResistanceA Quick BTC Update: Here is a BTC Daily Chart showing what BTC has above and below it as potential support and resistance. At the moment of typing this, BTC has bounced off its 50EMA and is fighting to get back above its 50% Fibonacci Retracement Level. It is ideal, but not crucial for BTC to close this daily candle above its 50% Fibonacci Retracement Level tonight. IT IS CRUCIAL however, that BTC closes this daily candle above its 50EMA which it looks like it will do. At the moment, BTC is below both its Bollinger Bands Middle Band Basis & its Ichimoku Cloud Conversion Line (Tenkan Sen). The Ichimoku Cloud Lagging Span (Chikou Span) is indicating that momentum is sideways at the moment. Despite the dip, BTC is still in the Bullish Zone of the Ichimoku Cloud for this timeframe. Once BTC closes this daily candle safely above the 50EMA, BTC then needs to eventually close a daily candle ABOVE both its Ichimoku Cloud Conversion Line (Tenkan Sen) and its Bollinger Bands Middle Band Basis before any attempt at a new ATH. I stress the case CLOSE because the price can wick high and low due to the volatility. Hypothetically speaking, if the 50EMA doesn't hold on the daily chart, then the Ichimoku Cloud Base Line (Kijun Sen) and Leading Span A (Senkou Span A) support levels become even more crucial then what the 50EMA was, because breaking down through those levels will take BTC into the Cloud (Kumo) Equilibrium Zone which we do not want to happen. I hope this is helpful & good luck 👍
BITSTAMP:BTCUSD
by entertheroach
5
IMVT is a long swing trade opportunityImmunovant Inc offers at least 75% upside in the $16 range as of March 24, 2021. Weaknesses Stumble in most recent trial for treatment of autoimmune disorder Thyroid Eye Disease (Graves' Ophthalmopathy) General and administrative expenses nearly doubled from $6.10M to $10.50M from Q42019 to Q42020* Net loss of $79.30M for the 9 months ending December 21, 2020, which has nearly doubled compared to the same period in 2019* Obviously fails the "ok boomer" test (see above) and does not pay a dividend Strengths Thyroid Eye Disease affects approximately 16 out of every 100K women yearly in North America and Europe, meaning nearly 27K new cases per year in the US alone Research & Development spend increased by 4X from $5.00M to $21.10M in Q42019 to Q42020 as they expand manufacturing to support clinical trials* Price tumbled almost 45% when Credit Suisse downgraded their IMVT rating from "outperform" to "neutral" and cutting their price target down from $49 to $31 on February 2, 2021 Price hammering continued through the February sell-off to vastly undervalued <$20 range *All financials sourced from Immunovant's December 31, 2020 results published February 16, 2021. TipRank 10 Analysts covering Immunovant including the Credit Suisse Analyst who has further knocked the target price down to $28 Median price target is $38 Chart Price fell far beneath the 200-Day SMA on February 2, 2021 as part of the paused trial 5-Day EMA crossed the 20-Day SMA up on March 15, 2021 and has found support in the $15-$16 range RSI trending <40 since the cross described above Summary Even using the Credit Suisse target of $28, Immunovant Inc has 75% upside based on the current price in the $15-$16 range (and the median $38 price target offers even more potential). IMVT is a swing buy opportunity with conservative initial price target of $28.
NASDAQ:IMVTLong
by danwagnerco
1
Ethereum / BitcoinHello! Here we can see ETH/BTC. Orange trending line shows the price suppression trend and Red Circles how many times we have tested it. (More times tested = more likely price will break) We did already break it on 6th try on RSI and price action so the trend has already "basically" been broken. We did come to 0,033 - 0,034 support levels which I did say is a possibility in the last analysis. (Last analysis) If you check the volume yourself on 1hr you can see there came a spike of buyers. (oh well I'll add it ;) Here we have quite strong supports for my eye. - If you look left we have strong structual support levels here - Weekly 20 EMA is 0,034 - Daily RSI support and 200 EMA (0,0323. I'll add picture) Risk I see here is Bitcoin Dominance breaking or Btc starting to drop hard. In trading you have to be flexible so just in case we drop more I marked even stronger structual support 0,032 I'll make analysis about Btc Dominance as soon as I have time ..If you like my shit give a like.. If you do take trades and are not holding for long-term use stop loss. Otherwise you will get your ass burned! Jebu
Long
by PalenTrade
Bitcoin possible long opportunityHello! Here we have a nice looking (1 hour) Bitcoin pattern rising wedge which is actually a bearish pattern, but on a bull trends these can break upwards like we have seen with Btc and Eth before. I am looking for a small bear move before going upwards and breaking that upper resistance where we have hit several times and even made new highs today. Or if we break, Break and retest price action. First support is the upwards going line which has worked as a support. (Red circles) Second one is stronger where we have 0.236 Fibo , 200 EMA , and previous structure (Green arrows) as a support. There is also 50 EMA on the same level on a 4 hour timeframe. Last one is 50% Fibo where is also previous structure highs. If we go that deep. Bitcoin Dominance did also find some king of support, which we pedicted. (Bitcoin Dominance analysis) I suggest slowly start to plan your exits and when you will take possible profits. Thou I do think 100k to 150k Btc is possible. Fortiori If you do take trades and are not holding for long term use stop loss. Otherwise you will get your ass burned! Jebu
Long
by PalenTrade
VET - Lets have a look at the 3 dayI saw an earlier chart post that stated VeChain my dip. So let’s do my own take on it & look at the 3 Day Chart…….. because i quite like the look of it. VET is still well within the Bullish Zone of the Ichimoku cloud. It is still above its The Conversion Line (Tenkan Sen), Base Line (Kijun Sen), 50EMA, 100EMA and 200EMA levels. The RSI is showing that momentum is downwards at the moment & the ADX DI SMA is showing that VET is still in a longterm uptrend because the ADX (Yellow Line) is at 44.4, the +DI (Green Line) is at 17.9 above the -DI (Red Line) which is at 7.6, but note that the ADX is slightly under its 10 Period SMA (White Line) which is at 42.8. The Ichimoku Cloud Conversion Line (Tenkan Sen) & Base Line (Kijun Sen) are both moving parallel sideways indicating we may be seeing some consolidation. Around the same level as the Conversion Line (Tenkan Sen) is also where the Bollinger Band Middle Band Basis, so that is an area to keep an eye on as you would always want the 3 day candle to close above that Middle Band Basis. VET has bounced off the Pitchfork Median Line twice in a row this timeframe, indicting strong support at that level. At the moment of typing this, VET is under its Ichimoku Cloud on the 1hr, but still above it on the 2hr so its best practice to keep an eye on the other timeframes to check that there is not a cascading downwards effect happening on the timeframes. If VET does break down through its Pitchfork Median Line then it may find strong support from its Conversion Line (Tenkan Sen) because it has bounced off that level twice previously. If VET does drop further, then the most i think it would drop is a Wick down towards the 50EMA on the 3 day but it wouldn't stay there. If you follow the ways of the Ichimoku Cloud like i do, you can see that the Lagging Span (Chikou Span) on the 3 day is still well above the Previous Price from 30 Periods ago. VET is also quite a distance away from its Hagopian Line so there is no fear of VET crossing that any time soon. I still believe that VET is completely undervalued & is a sleeping giant that once woken will melt faces & any dip should be used as a chance to accumulate more at a cheaper price. From my point of view, unless VET closes below its Pitchfork Median Line on the 1,2 & 3 day charts, then i’m still longterm bullish. I hope this is helpful.
BINANCE:VETUSDLong
by entertheroach
6
ADA - Well... You said you wanted to it buy lowerAt the moment of typing this, if we look at the ADA 1hr chart, ADA has corrected back a bit & has found support at its Ichimoku Cloud Base Line (Kijun Sen), slightly under that level is its 50EMA. ADA has wicked below the 50EMA twice over the last 6hrs but we have closed above it indicating this is our key level of support for this timeframe. The RSI is at 48 and indicating sideways momentum. The ADX DI SMA is showing that the trend has slowed because the ADX (Yellow Line) is at 28.3 but has cross back under its 10 Period SMA (white Line) which is at 46.2. The +DI (Green Line) is at 16.6 and the -DI (Red Line) is at 17.1 indicating we could easily see the +DI reverse & cross back over the -DI. On the 1hr chart, ADA has two Hagopian Lines which ADA needs to stay above for a continued uptrend. I haven’t added it onto this chart because it would’ve been too messy but near where the Conversion Line (Tenkan Sen) is, that is also where our Bollinger Bands Middle Band is located, so our first port of call is to close a candle above the Conversion Line (Tenkan Sen) and turn that into support. So long as ADA stays above its 50EMA and doesn't close below either of the 2 Hagopian Lines on the 1hr chart, all will be well. We shouldn’t panic when there is a dip. A correction back should be expected after such a large rise over the last couple of days. All those people who were crying yesterday saying “i wanna buy it lower” well….. nows your chance. I hope this is helpful.
BINANCE:ADAUSDLong
by entertheroach
5
VeChain - Yep!........ still undervaluedWhile ADA does its thing and continues to make me nice profit, let’s have another look at the most undervalued Crypto ever. A Crypto with a client base that would make any FTSE100 corporate salivate with jealousy. At the moment of typing this, if we look at the daily chart, VeChain has found support from its Conversion Line (Tenkan Sen). If we cannot close this new daily candle above it then we may wick down to our 50EMA or possibly its Base Line (Kijun Sen) which has acted as strong support 3 times over the last 10 days, so if we do wick down, it looks possible we won’t go below the 50EMA, But that is if we cannot close above the Conversion Line (Tenkan Sen) or the Bollinger Bands Middle Band Basis on the daily. The Lagging Span (Chikou Span) is inside the wick of the Price from 30 Periods ago which is indicating possible uncertainty or possible sideways trading. The RSI is at 55 indicating Sideways momentum. The ADX DI SMA is showing that the ADX (Yellow Line) is at 17.5 and has crossed back over its 10 Period SMA which is at 16.5. The +DI (Green Line) is at 16.4 and the -DI (Red Line) is at 7.7 indicating an uptrend but it is a weak uptrend because the ADX is at 17.5. A real show of strength will be if VET can close above its resistance at $0.035 and turn that into strong support. I'm not to sure on the dates but i believe that VeChain has an upcoming update called PoA 2.0 SURFACE Consensus Algorithm which will apparently enable VET to make millions of Transactions TX a day. Like i said, I’m not to sure on the release date, but i think its sometime this year so if anyone can confirm, please let us know. I still feel that VET is the most criminally undervalued crypto in the ever, and seems to have gone completely under the radar of most. VET is a blockchain that is actually being used by real companies in real world situations. Maybe once the PoA 2.0 SURFACE Consensus Algorithm goes live, we’ll start to see larger movements upwards. Even at $0.03, i still think VET is an absolute steal 💪. I hope this is helpful 🙏
BINANCE:VETUSDLong
by entertheroach
2