$ROKU streams it all!Roku is some peoples favorite. Currently has a ton of social sentiment which over 100 mentions providing positive feedback. All indicators are pointing to this for a positive move even in this market. ER is in may, this is perhaps a good time to grab some calls for the May Er ( maybe some puts ) for a IV run up.
#covid #stocks #stockmarket #options #optionsplayer #trump #covid-19 #stayhome #live #covidactnow #GOPslushfund #covididiots #afterhours #Quarantine #quarantineandchill #quarentinelife #staysafe $spy $roku $amd $nvda $tsla $nflx $ba $baba $wmt $djia $aapl
Finance
Bitcoin - Sound MoneyI already made a projection after bitcoin fell from 10.000 to 6.900 this is no coming back DeFi is being insanely pushed into existence.
Crypto News:
Bakkt Loyalty / Consumers Wallet (Trillion Dollar potential expansion - CME/ICE)
Defi ( 1B USD worth of ETH Locked) + POS rollout 2020-2021\
Futures Contracts Rollout
Traditional News
Corona Virus Outbreak effecting Trade - Apple, Agriculture, Tech,
Copper Slumped
Inflation 2%
Interest Rates Unch (we can go Negative)
210T Global Debt
Gold Manipulation/fools gold in the supply chain
Outcome
Civil Unrest
Fomo into Bitcoin
Altseason
hyperbitcoinization
central bank stable coins
Digital Yuan
EURUSD Sees Price Rally, Eyes The 1.1117/50 Zone
EURUSD has rallied strongly on Friday leaving risk of more strength on the cards. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1100 level. A breach below here will target the 1.1200 level. Further up, resistance stands at the 1.1250. Conversely, on the downside, support comes in at 1.1050 level with a violation of there opening the door for further gain towards the 1.1000 level. Further down, resistance lies at the 1.0950 level. A cut through that level will clear the way for a move towards the 1.0900 level. All in all, EURUSD looks for more strength to occur in the new week.
F5 Network (FFIV) | Strong Support, 50% Growth Potential!Hi,
F5 Networks provides multi-cloud application services for the availability, security, performance, and availability of network applications, servers, and storage systems.
Currently, it is pretty undervalued and the price of the stock has reached inside the strong support area. Technically, it is a pretty powerful support level and it consists of multiple criteria. Do your own research and if you think the company has potential then I let you know - technically it is ready to go upwards!
Technically, the buying area is $120-$130 and it consists of:
1. The price is currently inside a strong price level. It has been multi-year resistance and now it starts to act as a support level.
2. The trendline third touch act as a support level, super crossing area with the previous criterion.
3. Fibonacci 38% and 62% are inside the strong area acting as support levels.
4. Monthly EMA100 should act as a support level.
5. RSI Divergence
6. Two minor trendlines run through the crossing area to adding strength to the buying zone.
7. The fat blue trendline from the top is also called as a counter-trendline. The breakout has occurred a couple of months ago and now the price retests it and the retest should act as a supporter.
8. A bit subjective but still, AB=CD from the top and the D point is inside the strong support level.
As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!!
A bit cleaner chart :)
Good luck,
Vaido
CONTINENTAL (CON) | Old Strong Resistance Level Becomes Support.Hi,
Continental Aktiengesellschaft (CON) develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments.
The undervalued stock price will indicate an increase from $90-$100:
1) Old clean resistance levels start to act as a support level.
2) Monthly 200 Moving Average should act as a support level.
3) The round number $100 adding strength to the marked area.
4) Fibonacci Retracement 62%.
5) The minor trendline should work as a support level.
6) Slight RSI DIvergence.
Definitely, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...skip it!!
Good luck,
Vaido
FINANCIAL SECTOR LEAD BEAR FOR THE MARKETTICKER: $XLF
Financial sector is the clear lead bears for the market. We rejected hard at 31.10ish level and broke key support level of 30.46. In my opinion, this is the reason why $SPY pulled back hard.
We had huge bear volume on Friday and if we break the low of Friday (30.20), look for a continue dump to fill the gap under 30.13.
Can the bears dethrone the bulls in the short term?
$ETFC E-Trade might turn here
E-Trade Financial is looking like it is in position to confirm an inverse h&s after leaving a coiling down and touching the long term trend line.
Entry would be after closing above 47.40$. PT 59$ and Stop 41$.
Close watch, cause a lot trading in at 47$
No trading advice just my own research so analyze by your self
May the markets be with you
Canadian Banks (UPDATE)Canadian bank stocks haven't really moved in 2 years. This consolidation has confused both bulls and bears, but it will come to an end by the end of this year (2020). Breaking above the all-time high will be a big buy signal, as it will indicate that the cyclical bull market is still intact. However, breaking below the major upward trendline will confirm a change in trend. Current the bias is to the upside, but this can quickly change if time runs out and price doesn't make it above the all-time high.
Based on my own fundamental analysis of the Canadian banking sector, there are significant problems brewing that could heavily impact equity values. Bank assets that are included in this bank index are mainly composed of speculative loans (+75% of bank balance sheets) to the real estate and financial sector. In China it's the opposite situation, where most bank assets are held by corporations who are engaged in some kind of productive activity. Thus, in Canada if there is a shock in the asset values of the speculative assets underlying the loans it will have a severe negative impact on Canadian bank equity.
Also, remember that Canada's yield curve is currently negative. This is a big sign of a recession ahead for the country. Households are holding a significant amount of debt (almost the highest ratios in the world), and are staring at some of the highest asset valuations in history. Moreover, manufacturing is contracting. There are no industrial policies in Canada at the moment that could counteract these trends, and it doesn't seem like Canadian governments are shifting away from laissez-faire policies.
PS. If you found this idea useful/interesting be sure to follow me on my Twitter account where I post more frequently. The link can be found on my TradingView profile or @ErikFertsman.
ZEC now @ Goodwill Pivotal days could soon be upon us...
ZEC/USD Macro Trend Analysis
$22 lowest wick after initial release/dump.
Candle body low was near $26.
Which reverses into rally that takes ZEC to around $850.
At the peak of that rally, ZEC had a candle reach from the local high (near $900) to the ALL TIME LOW @ $8
Did we bottom in December on the candle body support from Feb 23rd, 2017?
Will price action test the two lower support levels?
What do you think? Comment Below!
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
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
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
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