STM is UndervaluedSTM is at an important support level and near the bottom of the uptrend channel I have drawn.
It is priced quite low according to both financial statements and many analysts. As a result, STM offers a good entry point for a long term investment.
Currently, the average buying zone is in the $30-31 area, but if the market allows buying, the $27-28 area is the ideal buying zone.
Freedomfinance
ICP Buying OpportunityThe ICP came back to life at the end of last year and increased significantly. After May, however, it declined in response to the general market decline.
But I think that decline is now over. The $8-9 area is a good buying zone for us. Especially considering that it is coming out of the downtrend.
I don't think it will go below $8 from now on, but in a possible correction in the market, it could go down to $6.5-7 and come up. This is the ideal buying zone for us because if this happens, there is a potential double bottom pattern.
My plan is to buy a large amount of ICP now and place a small buy order at the $7 level.
Brent Oil Changes Ticker to BURN1!Hello Traders,
Would just like to remind you that we still need oil to get to space.
Gold is a heat reflective material required for space travel and atmospheric re-entry, so please hold and sell your gold accordingly.
Also, Brent changed their ticker from BRENT to BURN1!.
MACD signal line will cross going upward on the month-view around 69 dollars according to the Madrid Moving Average Ribbons.
Squeeze is up, ADX increasing, DI- over DI+.
Happy Holidays and have a Great New Years!
See you all in 2020!
-dysonring2050
Gold 1 Day Candlestick Madrid Moving Average Ribbon CrossHey Traders!
Just a reminder that there is a buy signal on the MACD for gold, and that the Madrid Moving Average Ribbons have all crossed the price-line.
If you check the 1 Week Candlestick Chart, you will see that the last sell-wave indicated by the MACD will end soon.
Again, just a friendly reminder that 2020 really will be the year for gold.
Drop a healthy portion of your funds into gold is my suggestion for a New Year's resolution ;)
-dysonring2050