Finance
$WZR: Fintech hype+ Solid uptrendFA,
- FinTech Revolution (WZR left behind while the punters bet on BNPL)
- Loan origination spikes 48% in June 2020. Consistent uptrend
- Wisr Ecosystem up 52%
- 42.4 Million in Cash
- Great vision: Improve financial wellness in Australians.
- Strong support from NAB
- Good management team including CEO Anthony Nantes
- Cool name and logo ( It’s vital for long term success, Ask Peter Lynch)
TA,
- 5EMA and 10EMA above 150EMA
- Bottom trendline of Strong uptrend
- Ascending triangle( WZR has historically broken out higher from ascending triangles)
- Volume consolidation
- Strong monthly level support(white)
- RSI not overbought (RSI<50)
Give me Green my Lord !Well a lord will help when you set your theory practice right. In the above analysis the pink box was support cum resistance which seems to have become a weak resistance point and can be a point of breakout spurt. Do check the volume for confirmation with price action
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Zillow Group $Z$Z is very close to the pivot has been trying to break since 2018. watch for a breakout $66.44 with high volume.
12 months Consensus Price Target: $62
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Thx
CADCHF H4 - Short Trade SetupCADCHF H4 - Broken the support zone on that previous closed H4. Retests due for entries short. Descending triangle and retest of S/R so two possibly short entry points, the initial parameters marked with entry, stoploss and take profit should seem most likely, given the fact 0.69200 is now a region of supply.
Gold H1 - Long Trade SetupGold H1 - Absolutely flying without any real retest of that 1785 number! Sitting 300 pips above that previous resistance without any real pullback. Saying that, we haven't even really had a retest of 2012 highs at 1795. Just want to keep following this pair and seeing if we keep breaking the new high levels.
BITCOIN | Minor Break on DailyHi,
The price of Bitcoin has made a tiny statement to the higher prices. In general, these breakouts are pretty promising but at the moment we have such a ranging market that can lower the success rate.
Still, worth to try it:
1) A daily break above the counter-trendline (blue)
2) Daily EMA50 acting as a support
3) 4H EMAs acting as support levels
4) 1H EMAs acting as support levels
5) Retest/entry area acting as a support
Regards,
Vaido
LUFTHANSA (LHA)Hi,
Strong support 8.000 - 9.000
Technical criteria:
1) Historically worked support level. 1995, 2003, 2009, and 2012. All rejections have been extremely profitable.
2) 2x equal waves from the top AB=CD
3) Fibonacci Extension 162% and 127%
4) Orange minor trendline third touch
5) Channel projection lower trendline worked perfectly
Regards,
Vaido