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AUDUSD | Sell after confirmation!Hi, AUDUSD has started to reach to the high-probability short-term reversal area. The price increase has been pretty amazing so, a bearish candlestick pattern inside the marked area is definitely needed. Criteria: 1. 2x AB=CD 2. Channel projections crossing area 3. 2018 low should act as a resistance 4. The round number 0.70000 5. Fibo Extension and retracement 6. Wait for a bearish candlestick pattern formation from 4H timeframe - Evening Star or bearish Engulfing needed! Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Regards, Vaido
Short
by VaidoVeek
3
EQUINOR (EQNR) | Important Signs For Further Growth!Hi, Equinor ASA , an energy company, explores for, produces, transports, refines and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. Fundamental pros: 1. Trading below its fair value. 2. Good PE and PEG ratio. 3. Earnings are forecasted to grow. 4. A lot of insider buying. Technical pros: The correction, which started at the end of 2018, has started to show some positive signs for further growth. 1. The price has made a breakout from the down-trendline aka counter-trendline. Counter-trendlines breakouts are a pretty powerful tool to follow, especially when we have a really strong starting platform as Equinor has it at the moment. 2. Actually, the price made a breakout a couple of weeks ago and it has already retest it and again, it got a rejection upwards - the trendline which worked previously as resistance becomes support. 3. The trendline starts to work as support and there are also Weekly EMA 200 and Monthly EMA 50 which also should act as support levels. So, we have a pretty solid support level under the current price which is very good considering the breakthrough the counter-trendline. To show that mentioned "strong starting platform", we have to dig into the Monthly timeframe: The price got a pretty amazing rejection from a super-strong price level, it stays between ~150-160. A lot of criteria matched almost perfectly (strong support, AB=CD, Channel projection, Fibonacci golden ratio, EMA) and the rejection formed the strongest candlestick pattern ever lived (massive hype :D) - Monthly timeframe "Morning Star" has formed around the strong area! It depends on your investment horizon but the good entry should stay between the current price, 173, to 160 (in case it makes a tiny correction) but as said previously - luckily we have strong support just below the current price. The first target is around the psychological number 200 which should offer us about 17-20 percent profit. Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
OSL:EQNRLong
by VaidoVeek
LERØY SEAFOOD (LSG) | Strong Fundamentally & Technically!Hi, Lerøy Seafood Group produces, processes, markets, and distributes fresh, frozen, and smoked seafood products in Norway. It shows pretty good value numbers, it is way undervalued, insiders (CEO) have bought the stock recently (actually yesterday) and etc. Fundamentally, Lerøy Seafood looks quite good and most importantly, technically as well. There is a perfect area where you can invest or reinvest to Lerøy Seafood, the area consists of: 1) Weekly EMA200 2) Monthly EMA50 3) The round number 50 4) Channel projection 5) 2x AB=CD 6) Fibonacci Extensions 7) Fibonacci retracement 38%, pulled from all-time low to all-time high. 8) The trendline since 2012, historically, it is worked perfectly as support 9) 2016 high They all should work as support levels, adding these criteria together gives us a strong support area between 48 - 52.5 , which is also technically a good area to buy Lerøy Seafood. The first target stays around 60 which is approximately +20%. Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
OSL:LSGLong
by VaidoVeek
1
WARTSILA CORPORATION | A Little Positivity And It Can Do 20%+Hi, Wärtsilä is a Finnish corporation which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel, biofuel power plants, energy storage systems and technologies for the marine sector, including cruise ships, ferries, fishing vessels, merchant ships, navy ships, special vessels, tugs, yachts, and offshore vessels. Ship design capabilities include ferries, tugs, and vessels for the fishing, merchant, offshore and special segments. Services offerings include online services, underwater services, turbocharger services, and also services for the marine, energy, and oil and gas markets. At the end of June 2018, the company employed more than 19,000 workers. Keep an eye on Wärtsilä because technically it has reached to the possible bounce area. It is a bit mixed because fundamentally it is not the best - operating profit decrease, some bad coincidences and etc. Let's see, how and if they would recover from it. If they do, then technically it is a perfect platform to make a bounce upwards because as said, technically this levels is pretty strong: 1) Monthly EMA200 should act as a support 2) Inside the marked area are 4 yearly highs, which now should act as support levels 3) 2x Fibonacci retracement 62% 4) The price has fallen from the all-time high to the golden pocket 47%-53%. Pretty often stocks make some kind of bounces just after they have reached inside the mentioned pocket. All-time high ~20, current price ~10 5) The round number 10.000 and this is the key level. 10.00 is the key level because the plan starts to work right after we have seen a Weekly candle close or a Monthly candle close above of it! If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You! Regards, Vaido
OMXHEX:WRT1VLong
by VaidoVeek
2
Tallinn Department Store (TKM1T) | 14% Growth Potential!Hi, Background Information Tallinn Department Store (Tallinna Kaubamaja) is a renowned trade group in Estonia. Its history dates back to 1960, when Tallinna Kaubamaja was opened. Over several decades, the two department stores in Tallinn and Tartu have grown to become the largest retail group in Estonia. Kaubamaja has retained its image as a beloved, valued and trendy shopping place thanks to its dignified history and the skill to change over time. The largest company of Tallinna Kaubamaja Group is Selver, a chain of super- and hypermarkets that has more than 50 shops across Estonia. With more than 40 million purchases per year, Selver places third in its market segment. In addition to Kaubamaja and Selver, the group includes reputable brands such as Selveri Köök, Tartu Kaubamaja shopping center, Viimsi Keskus, Viking Motors, KIA, ABC King, SHU, I.L.U., etc. The group also deals in reselling several well-known cars in Estonia, such as KIA, Opel, Peugeot and Cadillac. Their car retail has also expanded to Latvia and Lithuania, where Peugeots are sold in addition to KIAs. Next to retail trade, the group also includes Viking Security, a company providing security services, and Kulinaaria OÜ, the largest company producing ready-to-eat meals in the Baltic region. Partnerkaart, the loyalty program of the group with more than 650,000 loyal members, has the longest history and the largest number of clients in Estonia. The group has more than 4,000 employees. Since 1996, the shares of Tallinna Kaubamaja Group have been listed in the main list of the Tallinn Stock Exchange. In 2016, the group won the Nasdaq Baltic Market awards for the largest increase in share prices over 10 years and for being the most reliable enterprise (2nd place). The group has been named the most competitive retail trade enterprise in Estonia seven times – in 2006 and 2012–2017. In 2017, Tallinna Kaubamaja Group was chosen as the best stock exchange enterprise in the list of Baltic enterprises prepared by the survey company CE Services. The company has more than 5,000 investors. The current correction looks healthy and technically, the price has started to approach a pretty strong support level, which consists of: 1. The light blue trendline should act as support. 2. The round number 8.00 3. Fibonacci Extension 127% 4. AB=CD - D point is exactly inside the marked green area. 5. Minor red dotted trendline should act as support. Waiting for a third touch inside the green price zone. 6. The marked price level has worked previously as a resistance level - 2008 yearly high. It is not so perfect yearly high but still, the old resistance should act as a support level. 7. Slight RSI Divergence compared to the recent bottoms. Technically a good entry area should stay between 7.70 - 8.00 The major mid-term target is around the round number 9.00 ~14% The information provided is not financial advice, it is a pure technical price zone and it doesn't include fundamental analysis. Always do your own research! Regards, Vaido
OMXTSE:TKM1TLong
by VaidoVeek
BITCOIN | From $7,000 to $8,000 or...to $5,000?Hi, In this pretty quiet time, I would like to give an overview of what does I see and what I expect from the market. This week we got a pretty nice pump upwards from the slightly expected area. As always we needed confirmation, we got it (Morning Star candlestick pattern on 4H) and 10% was pretty easily doable. Now before Christmas, I would like to give a slight overview of the current situation on the market using a Daily timeframe. Good indications for further short-, mid-term growth. This week bounce was quite intensive, the previously worked support level held the price and the pump started from $6,500. The Daily candle close was above the round number $7,000 and it formed a bullish candlestick pattern called bullish Engulfing. Daily timeframe candlestick patterns are usually very powerful, plus the Engulfing itself is pretty powerful. Let's make this post a bit educational - do not search super confirmations from shorter timeframe candlestick patterns, they don't work as they work on 4H or Daily. Yes, sometimes I look 15 min chart when I know exactly that area from where it may turn around (waiting for confirmation form rejection candle) but usually, I work and I trust(!) bigger timeframe patterns. So, we got bullish Engulfing from previously worked support level and we had also an RSI Divergence which confirms that the bounce was technically good. A possible "Double Bottom" and the key area. The rejection upwards from the previously worked support level allows predicting that in the future we may see a "Double Bottom" chart pattern which guides the price into the higher levels. You ask for: "Allows to predict? We have already a Double Bottom!"...and my answer is - almost all chart patterns are valid when they have a confirmed breakout. Triangles - the price has to close outside the triangle to be valid, Head and Shoulders - the price has to close below the neckline and etc. Now the "Double Bottom" - the double bottom is valid when you have seen a candle close above the "neckline". At the moment, the neckline is slightly below the magic number of $8,000. If the Daily candle got a close above the blue horizontal line then the Double Bottom chart pattern is valid and we may see continuation moves upwards and this is the key level. This price level, ~$8,000, has worked several times as strong support or resistance level and now it has a new task - to be a neckline :) There are Daily EMA's which also should act as resistance levels, so it is pretty heavy resistance and very strong area to make a breakout upwards. Possible scenarios Considering my analysis above of the rejection from the bottom which ended up with a bullish candlestick pattern "Bullish Engulfing", I assume that those criteria will push the price to the key area! So, from $7,000 to $8,000 is doable. This is not the signal, this is more a prediction, personally I watch it from the side (because the Engulfing momentum starts to become an end) but you never know, maybe I see something within a few hours (we have some Inside Bars candlestick patterns on the Daily timeframe) and I will be in the market but in general, my first prediction is that the price goes to the key area around $8,000. As said, this level looks super-strong and from there it all depends on the market demand. We know that the selling pressure is high, plus we have daily EMA Death Cross between 100&200 (confirms selling pressure), which all may indicate that the downtrend may continue from there BUT if there is enough buying power to crack this strong level and if the Double Bottom starts to work for our favor then we might see pretty high price levels over quite a long time. Double Bottom chart pattern target shows that the price may reach (after the breakout from the neckline) to the $9,200-9300 but the road to the mentioned area isn't easy, different trendlines, strong horizontal levels and etc., starts to harden the movement to the higher prices. Summary: I like the Daily bullish Engulfing formed a few days ago. It allows predicting that the price may reach the key area which is around $8,000 but it has to go there within a few days, otherways the Engulfing momentum will be gone! From there, it all depends on how it reacts: does it make a breakout, if it makes it then which is the candle, is it strong and powerful or is it just small ones and etc. Happy holidays and hopefully, you have learned from my posts and hopefully, it was also great reading. Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
COINBASE:BTCUSD
by VaidoVeek
46
BITCOIN | Prepare for it, a possible short-term SELL opportunityHi, It looks like I can make another post before Christmas because my previous idea has started to work pretty nicely. As promised, I make an update if it happens and currently, the Bitcoin price has started to approach my mentioned key area ~$8,000. At the moment, we are quite far from it, actually not so far but still, we have time to prepare for the next moves. Recent price movements and recent price action criteria indicating that we may see SHORT-TERM rejection from the marked red rejection area - rejection from The Red Christmas House :) Set your alerts on. I like what we have seen after the bullish Engulfing on the Daily chart. We got that Engulfing-momentum which pushed the price a bit higher to the next milestone - above $7,500. Everything looks bullish but we might see and we can catch a short-term downward movement. Movement range should stay between $250 to $600 but you have to be prepared with alerts because if this current bullish move is serious then this short-term bearish move from the marked reversal area may be a quick one. Resistance criteria. As said the rejection may be a quick one but still, you should already know the most accurate movements you get after bearish candlestick patterns. The current situation should be quick and that's why you can search bearish candlestick patterns from the 1H timeframes. The Christmas House consists of: 1. Fibonacci retracement 38% 2. Fibonacci Extension 162% 3. Super-strong light-blue horizontal price zone should act as resistance. Multiple rejections to either direction from it. 4. The round number of $8,000 should play an important role inside the red short-term reversal area. 5. Minor black dotted trendline worked as support and now it should work as resistance and definitely, it adds a bit strength to the area. 6. Trendlines from the 2019 top. There are different types of trendlines from different tops that "run" trough the marked red area. They are a bit subjective, that's why they aren't on the chart but still, I want to mention it, you can try to drag them by yourself. 7. AB=CD. This is probably the most important criterion and it stays around $8,060. 8. Parallel channel projection. It runs a bit away from the crossing area but if the pump occurs today or tomorrow then we can count this as resistance but if the price reaches inside the marked area around 25. Dec. then it is not valid anymore - a bit late for parallel channel upper trendline to start to work for our favor. 9. Different types of EMA's. Weekly EMA 50 is just below the 8k, Daily EMA 100 and 200 are just above the 8k. EMAs are nicely inside the marked reversal "house" to add strength to the area. 10. Wait for bearish candlestick pattern formation. This time the move may be a pretty quick one so, wait for it from the 1h timeframe (obviously, you can wait for those on 4H because then the pattern signal would be stronger). From strongest to weakest: Evening Star, Bearish Engulfing, Railway Tracks, Tweezer Top, Shooting Star, Spinning Top. If you don't know them then Google helps you out! Trade execution Personally, I try to react immediately after the price has reached around $8,200-300 - do not try this at home because it requires a lot of knowledge :) If it doesn't reach there and if it has formed a bearish candlestick pattern around $8,000-$8,060 then I try to enter after it has shown a pattern - easy as that. As said on my previous idea post; trading is quite boring, determine the area and let the price action guides you into the trade. If it doesn't reach inside the marked red area then nothing will happen - no trade, no loss, no win and let's determine the next high-probability reversal area, plus here is a pretty high chance that you got knowledge from this post for your further trading plans! ;) Be patient! Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Happy holidays, Vaido
COINBASE:BTCUSDShort
by VaidoVeek
6
TELESTE (TLT1V) | Under The Fair Value, Potential +30-40%Hi, Another stock idea, they have been pretty accurate so, let's hope that the pattern doesn't change :) Teleste Corporation provides video and broadband solutions, and network services in Finland and internationally. I have great news for investors because it starts to approach technically a good rejection area, plus - Teleste trading below its fair value and earnings are forecasted to grow. The fair value should stay €7-8. Technical criteria: 1. The light-blue horizontal line represents a strong area. This price zone has been four-time yearly high or yearly low and currently, it should act as a support. 2. The gray trendline, it is not a textbook trendline but in the stock market, they don't have to be so perfect as they should be in Forex trading. They both make up a crossing area which is already a good sign on the Monthly chart. 3. There is also a minor red trendline, waiting for a third touch which should act as a support. 4. 50% from the recent high. Actually, the bounce-pocket stays between 47-53% and this matches exactly with our other criteria. So, a Monthly chart and a pretty solid crossing area. For short-, mid-term investors (let's say 2 months or half a year) - wait for a Weekly bullish candlestick pattern. For long-term investors - technically a good entry stays between €4.2 - €5.00 Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
OMXHEX:TLT1VLong
by VaidoVeek
1
Ethereum could go up 200% over the next few months!!!The Istanbul Hard fork is scheduled to happen this Saturday. This will allow transactions per second to climb from 15 to 3,000! Combine that with the fact that the DEFI space is growing exponentially and we're looking at formula that could very easily break us out of our falling wedge and to the top of the upper end of the trade channel. 1. Count down clock for the upgrade ---> etherscan.io 2. 3,000 transactions per second ---> www.fxstreet.com 3. Shows DEFI utlization ---> defipulse.com 4. Chico can be a little crazy but his take on Defi is spot on ---> www.youtube.com
COINBASE:ETHUSDLong
by In_the_future
AURORA CANNABIS (ACB) | Risky, But Probably Worth It!Hi, Aurora Cannabis Inc. produces and distributes medical cannabis products. Obviously, it has some mixed fundamentals but technically it may find some buyers around 2.00 - 2.50. Technical criteria are pretty strong, some of them are a bit subjective but in general, we have a strong crossing area. The green box consists of: 1) 2016 & 2017 high/resistance should start to work as a support level. 2) Actually, it has already started to act as support. In the last week, the price got a rejection upwards from the gray area (2016/17 high) and formed a Spinning Bottom candlestick pattern - bullish candlestick pattern. 3) Now, a bit subjective but still, channel projection worked as a support level and they make up a crossing area with the gray zone. 4) The crossing area becomes even stronger because we have D point exactly inside of it from the pattern called AB=CD 5) Fibonacci Extension 127% should make it (marked bounce area which stays between 2.00 - 2.50) also a bit stronger. 6) The current seasonal "pattern" favors buyers. It means that the end of the year has been pretty profitable for Aurora and the last upwards rally started about a year ago also in December. Target is up to you but the strongest resistance level stays around the 5.00 and if it reaches there from the current area then it will be 100%+ profit. Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
ALong
by VaidoVeek
6
S&P 500 | Time For Correction!?Hi, S&P 500 (SPX) has reached inside the area where it may make a correction after 6 continually bullish weeks. Technically, I did everything I could to determine the area which can act as resistance (it is difficult if the asset makes all-time highs), it consists of: 1. 3x Channel projections. They all should work as resistance levels. 2. Minor trendline (light-blue) 3. Short-term AB=CD and actually at the moment, we are on the D point. So, do not be surprised if the correction starts from here (3120-3130) 4. 2-3x Fibonacci Extensions 5. The middle number 3200. Basically, at the moment is this situation - if you can draw some logical lines from somewhere then they run through the marked red resistance box. The second considerable resistance box stays around 3400 but I think we will see a correction before we even reach there. If the correction starts then probably it goes back to retest 3,000. Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
SP:SPXShort
by VaidoVeek
9
BITCOIN | Strong Crossing Area!Hi, It is hard, it is really hard to find something good and shareable but every time I'll try to come up with an area that may help you or may play a role in the further price action. This time, I'd like to trade it myself. Obviously, there are some certain rejections that I need to wait for because of lack of my "bread-and-butter" criteria but in general, it should offer something - win or lose. :) To be said, I even started to draw an RSI trendline! This should give you an idea of how difficult this level is because I don't use those lagging indicators almost at all. I HATE those big Daily candles (25. & 26. Oct.), I hate that low volatility after those big candles, I hate this slow death after those Daily candles BUT luckily, here are pretty good long-term criteria that allow you to read the chart properly. Okay, let's talk about the criteria which make up a crossing area around the $7,700 - $8,000: 1) The fat gray trendline from 2019 high. I said that I hate those massive candles but there is something good about them as well. This trendline worked several times as a resistance line. Multiple failed attempts to push the price above of it, nothing, but after the end of October pump, the price managed to crack the trendline with a strong and powerful candle. It shows perfectly that this trendline is really strong because we needed a hell of a power to make a breakout from it. In general (textbook example), after the breakout, you should wait for a retest to get better entry and currently, the price has started to approach that trendline (which now should act as a strong support level) to make a retest. 2) The yellowish area is historically a strong area. Pulled on the Weekly, several rejections and etc. Recently, it has worked also as a strong support level. It is great that those historically strong basic technical analysis criteria make up a crossing area just below the current price. 3) The black trendline - pulled from 25. April, second touch 23. Oct. It is not the strongest for several reasons - the distances between touches are too asymmetric and etc. - but it is good to have it because it adds a bit strength to the crossing area. In general, good to have it. 4) The round number $8,000. Again and again the 8k. It is almost like the magic number, let's see can it do magic this time?! :) 5) Fibonacci Extensions. Why I have this low volatility after those massive candles are the downwards waves. So difficult to read those tiny bounces and if it is difficult then this decreasing the trade success rate because all become a bit subjective: "I can draw those from here, ahhh...I can draw those from here as well and etc. etc." - basically, it is super easy to make mistakes. 6) Still, I have found some logical AB=CD waves. D points are in the middle of the crossing area. 7) Weekly EMA50 should also add a bit of strength to the current area. Basically, here are a few opportunities to make a BUY: Riskiest: Buy immediately after the price has reached to $7,850 A bit less risky: Wait for a 1H candlestick pattern inside the yellow area. A bit safer: Wait for a 4H candlestick pattern inside the yellow area. Safest: Wait for a 1H or 4H candle close above the light-blue counter-trendline. Counter-trendlines have offered a lot of pretty amazing trading opportunities (the last one was a sell from 9,200 to 8,600). This time the starting platform (the fat trendline and the yellow support crossing area) is pretty good. Do your own research and if this matching with mine then you are ready to go! Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You! Best regards, Vaido
COINBASE:BTCUSDLong
by VaidoVeek
135
SEB (SEB_A) | Money-Laundering Concerns! Keep an eye on ~60!Hi, Shares of SEB' AB (Skandinaviska Enskilda Banken AB provides corporate, retail, investment, and private banking services in Sweden and internationally) fell by more than 14% (on Friday) as investors worried that another Nordic bank will be dragged into the scandal over money-laundering. It is hard to say, how the following weeks/months may affect the SEB price (investigations are ongoing) but anyway, I would like to point out a technically strong price level which should play an important role in further price action. Currently, I can only recommend - stay away from it. The price can get more hits during the investigations, especially when these stories get firmer confirmations. To talk about that price level - my eyes are pointed around 60. It needs to fall another ~25% to the mentioned level and definitely, it is doable. I don't want bad but as an investor and trader, I'm looking forward to this level because technically, it is a pretty strong and clean one. Two other major Scandinavian banks, Swedbank and Danske, had already been subject to major investigations in large-scale money laundering activities and I would like to share a comparison with Swedbank, who has already gone through it (almost): As you see, the historical similarities have been pretty amazing. Now, we can take this Swedbank price movement as an example (Swedbank price is the orange line) and it is pointed also to my mentioned "keep-an-eye" level 60. Let's count the other criteria which should act as support levels: 1) Okay, the comparison with Swedbank is pointed to the marked area. 2) 2000/01, 2011 clean resistance levels start to work as a support level. 3) The middle number 60 itself should work as a tiny support level. 4) Channel projection bottom trendline may push the price upwards from the green area. 5) Different Fibonacci Extensions are adding strength to the shown area. 6) Fibonacci retracement 50%. Pulled from 2009 low to 2015 high. 7) AB=CD 8) If the price reaches to the shown area, then it has fallen from the 2015 high at 111.50 to the ~55, which is 50% from the recent high and pretty often stocks make a bounce after they have fallen approximately 50%. So, it matching perfectly with our mentioned area. 9) Obviously, perfect would be a bullish Weekly or Monthly candlestick pattern formation around the green area! Summary: As said, stories around the SEB' stock are serious which makes this stock extremely risky to invest/trade at the current price levels. Be patient, wait for conclusions and if the conclusions are enough for you to be satisfied (after the price has reached ~60) then this could be a perfect spot and timing to invest or reinvest to SEB'. What if it doesn't reach to the mentioned area? Nothing(!), the situation around Nordic banks is highly risky and I search only high-probability investment setups, not the mediocre ones. Mediocre setups can easily damage my success rate, especially under such conditions. If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You! Regards, Vaido
OMXSTO:SEB_A
by VaidoVeek
BERKSHIRE HATHAWAY(BRK.B) | Short-Term 10% Growth Potential If..Hi, The "famous" and loved stock among investors, Berkshire Hathaway, approaching a pretty sweet breakout zone. Since the mid of 2018, the price has started to "draw" a chart pattern called Triangle. At the moment, we can say that this Triangle is a continuation pattern and if we see a Weekly candle close above the upper orange trendline (marked as a green area) then this trade/investment is triggered and it will start to approach new ATH's (all-time highs). Price, a candle close around 214-215. Several channels and wave analyses are pointed to the light-blue area, which is also "stock-short-term" target area, price 230-235. Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, and NetJets, and also owns 38.6% of Pilot Flying J, 26.7% of the Kraft Heinz Company, and significant minority holdings in American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company (9.4%), Bank of America (6.8%), and Apple (5.22%). Since 2016, the company has acquired large holdings in the major US airline carriers and is currently the largest shareholder in United Airlines and Delta Air Lines and a top three shareholder in Southwest Airlines and American Airlines. Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965 (compared to 9.7% from the S&P 500 with dividends included for the same period) while employing large amounts of capital, and minimal debt. The company is known for its control and leadership by Warren Buffett, who serves as chairman and chief executive, and Charlie Munger, the company's vice-chairman. In the early part of his career at Berkshire, Buffett focused on long-term investments in publicly traded companies, but more recently he has more frequently bought whole companies. Berkshire now owns a diverse range of businesses including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities. According to the Forbes Global 2000 list and formula, Berkshire Hathaway is the third-largest public company in the world, the tenth-largest conglomerate by revenue and the largest financial services company by revenue in the world. As of February 2019, Berkshire is the fifth-largest company in the S&P 500 Index by market capitalization and is famous for having the most expensive share price in history with Class A shares costing around $300,000 each. This is because there has never been a stock split in its Class A shares and Buffett stated in a 1984 letter to shareholders that he does not intend to split the stock. If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You! Best regards, Vaido
NYSE:BRK.BLong
by VaidoVeek
2
What is the role of speculators (short term)?To mainstreet, speculating is "what wall street does" and "is abstract", sometimes "what banks do", they have no idea what it is for, the image I guess is fast cars and stupid banker drinking champagne all the time? The wolf of wall street. Wolf of wall street was a stock broker, but they're all just the same to people aren't they? Plenty of people get involved in markets, but I want to focus on what I do which is speculating. Risk taking. Predicting the future. This is what 99% of new fresh retail traders think of when they first get in. I rarely see a definition of what trading is, and I even never or very rarely see it divided in different areas (as I said on the chart, arbitrage market making etc are different from speculating). Today for the first time someone is going to explain exactly what it is and what its purpose is, market by market (but really I'm going to explain for forex & futures which are my area of expertise and just throw out guesses for the rest). And yes, it does serve a purpose, at least in forex & futures it does. * Futures (Metals Agriculture Energy) Futures markets allow farmers, industrials, miners, businesses in general, to conduct business efficiently without having to worry about price fluctuations. This has to be the easiest to understand, because physical goods are involved and real people that need to buy or sell these goods regardless of events they have no control on. This, the futures exchange market, has existed for at least 10 millenia. 10000 years! Can you believe it? In 1750 BC, trading was carried out at temples, so they even had a trading floor like the CME before computers. medium.com (On the internet you can find the story of Thales - the mathematician & philosopher you probably heard about at school- that predicted the olive harvest would be exceptional and speculated on that, and made alot of money doing so. That was 26 centuries ago). Futures have existed for as long as agriculture did. Our entire civilisation is based and relies on futures! Some examples: Grains (Corn Wheat Soybeans Rice). So to sum up: - On one side: Farmers & Food manufacturers/distributors looking for price stability so they may run their business smoothly. Get rid of the risk. Their job is producing or processing food. - On the other side: Speculators eating up all of the risk, miam miam miam nom nom nom, dealing with market fluctuations and portfolio fluctuations. Their job is to take risk and anticipate future price movements. One could almost say with certitude, there would be no civilisation without speculators fulfilling this role. Complete mayhem. Industrial metals: Another example with food: From a company that sells advice to food industries and manufacturers: Supermarkets that put small businesses out of business are now also at a risk of closing shop, as consumers want the cheapest goods they can get: Concrete simple quick example of when unhedged costs can really destroy a company: According to a SEC filing they have 30 billions of debt. They are completely vulnerable to the weather and other random events. 2 catastrophies and bankrupcies in less than 20 years are you serious? And consumers are paying for it? See why futures are useful now? Ah, energy. No point repeating the basic principle, it's the same as for industrial metals & various agri goods. let's look at a few bankrupcies. The most famous one might be ENRON but that's not because of price fluctuation it's because they were crooks. By the way ENRON CEO created a crypto the day he got out of jail. What a guy XD He's instantly back to scamming. Energy Future Holdings. Calpine Corporation. Were, and still are, the largest generator of electricity from natural gas and geothermal resources in the United States. This is the opposite of the previous one. The previous one lost money because prices went down. That one went bankrupt because costs went up. All they had to do was buy long futures... Businesses that buy and sell energy fuel are part of the market, whether they like it or not. NOT buying long contracts inderectly makes them speculate the price will go down, OR that it won't go so high it will cripple them. Basically makes them bagholders holding onto a loser. The company received $2 billion in financing to allow it to keep its plants supplying customers. From taxpayers I assume? The great rektage of 2015. This is not an officially adopted name, it's one I choose to describe this. It should become the official term. What happened? More than 330 North American energy companies went bankrupt. Estimate of the cumulative debt fluctuate between 100 billion and 500 billion. www.houstonchronicle.com The WSJ keeps track of the listed companies bankrupcy filings since 2015, I am not sure they are all here but anyway it's still big: graphics.wsj.com Coal. Not sure how this works, but some companies producing coal went bankrupt when prices started to fall. James River Coal is still running, Patriot Coal is defunct, and its retired workers lost their health benefits. For the employees themselves there is not much they can do there. Recently you have US farmers that not only lost china as a customer, had their crops destroyed by a recent heat wave, but also have to deal with lower prices, because of the trade war (since demand dropped). www.cnbc.com Still, they are defending Trump, and he has an approval rating of near 80% with them. I know that even small farmers, not just big companies, participate in the futures market, but I don't really know how many. Anyone is allowed to. If there is 1 thing farmers industrials and utility companies can learn from this, it's don't gamble man. Leave the gambling to the professional gamblers. According to the CME (if I remember correctly), their futures speculators in general are not taking huge amounts of money home. So it's not like the price of hedging was insanely high. They might lose up on potential profits but at the end, their job is not to take risks and have massive fluctuations in their pnl and go bankrupt every few years. Another reason: Sustainable consumption level Copied from wikipedia because I am lazy: To sum up, what are speculators good for in the (industrial metals, energy and agriculture) futures market: - They absorb risk, allowing producers, industrials and consumers to not get (sometimes massive) fluctuations in their costs & profits - They may or may not price commodities more correctly via the research they do on those - Sustainable consumption level * Foreign Exchange There are so many exports in the world. Go to any store, it will be full of foreign goods. "Made in China" everywhere. Huge ship filled with huge containers are docking at Rotterdam every day. The biggest port for this stuff is Shanghai in China. In 2018 they processed 42 million twenty-foot equivalent units (big containers). I guess one of those can hold 2 cars, or a small truck with a car on it, or 25,000 kg of goods. Rotterdam is number 11 on the list with 14.5 million container equivalent processed. According to this: www.thebalance.com The USA in 2018 exported for $2.5 trillion and imported for $3.1 trillion. People importing and exporting goods are probably going to work with several currencies. They want to make money, the last thing they need is to lose money because of some foreign exchange fluctuation (countries have had fixed rates but it always ends bad as the forces of supply and demand mainly demand end up being too much to handle). About the fixed rates: countryfolk end up paying for that. Either the taxpayer directly through taxes, or via inflation as central bank/governement prints imaginary money out of thin air to buy their currency (or sell) to maintain that rate/floor. Even Bretton Woods system had its end. "On 15 August 1971, the United States unilaterally terminated convertibility of the US dollar to gold, effectively bringing the Bretton Woods system to an end and rendering the dollar a fiat currency." Other hedgers might be someone from the US buying and selling a company. He buys a NZD company, its value goes up 15%, he sells for a profit and then converts back to usd. Wups, the NZDUSD rate dropped by 25% meanwhile, so he actually lost money. One third of the forex volume (I think) comes from swap "buy a currency on day 1 and sell another on day 2". Internet companies, like steam, can use the spot fx market for converting the money they made selling games (in this example) to europeans, into usd. Steam keeps their game prices stable, so either they take on the risk willingly, or perhaps they use the foreign exchange market to hedge against price fluctuations. I do not know what they do but this might be it. Ad revenue on the internet probably generates alot of forex trading... Same concept once again. Various businesses (businesses is such a wide term) are not trying to gamble, they are selling a service on the internet, selling soybean to china (too early?), selling cars to the US, selling electronics to the world, paying salaries worldwide, foreign investors don't want their 50% up investments in a stock market to make them lose 20% because of currencies fluctuations etc. Some have complained that speculators make the market more volatile, and hurt global operators especially those into import/export. And it's true when some investment bank traders are manipulating rates, obviously. The problem is not with speculating itself.. I would say speculators have these uses: - Mitigate or even almost eliminate economic activities risk from unknown future prices. - Fight idiotic central policies and forced rates, the way George Soros broke the bank of england. If it is possible to keep buying an undervalued currency, people are going to rob these central banks. Imagine you can buy a house at half the price in england... - Maybe via analysing every information about a product, they help set the "right" price of a currency (making the market more efficient) * Stock market Speculators in the stock market: - In the case of short sellers, they help remove capital from failing companies or even frauds (ENRON) & re-allocate it better, so they fight waste and prevent future investors from buying an overvalued company. - The bring liquidity? So investors can more easilly buy or sell? - They get excited and create bubbles that slow down the economy and causes millions of jobs to be lost? - That's it? * Bonds I have no idea. I hope you didn't check this post to see what I thought about bonds. * Crypto - Help make criminals richer (drug dealers paedophiles terrorists north korea) - Divert capital from the economy towards a ponzi scheme - Parasites that add nothing to society * Real Estate - Create bubbles - ???
Education
by MrRenev
Keep an Eye on the VIX!As euphoria has come back into the markets, with earnings coming in strong and the global macro environment looking a lot less hostile, US equities have made all-time highs in recent trading sessions. However, in spite of this trend, investors and traders should keep an eye on the VIX and market volatility. The VIX has reached our "Bounce Back" zone, indicated by our Weekly Support levels of around $11.91 in price, and 42.07 in the RSI. The "Bounce Back" zone is an area where volatility creeps back into the market after a period of calm. As can be seen in the accompanying chart, the VIX is currently at (or at the very least around) this level, both in terms of price and RSI - a level that usually sees a jump in volatility shortly after. Thus, after a period of relative calm and fresh new highs in the markets, we would just caution investors to keep an eye on the $VIX, as a bout of market volatility may be overdue. $IXIC $DJIA $DJI $QQQ $SPX $SPY $RUT
CBOE:VIX
by EconomicsGlobal
APPLE (AAPL) | Take Profit Area For Short-, Mid Term Holders!Hi, If you have struggled to take out some profits from Apple then here is a possible hint for you. It could be also a possible "short" opportunity but definitely, if you have a "long" position and you cannot hold it for the long term (you need money or something...), then the area between $250-$260 should be your TP. Several channels upper trendlines starts to work as a resistances. The middle number of $250 should play an important role in this area. Some AB=CD pattern D points are inside the marked area. Basically, this area can stop the current rally. Regards, Vaido
NASDAQ:AAPL
by VaidoVeek
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