G-money
Digital turbine / APPS ANALYSISDigital Turbine is a company I've been swinging for months.
I believe the Stock is under some pressure and it has a crucial resistance level at 44.80. Today it APPS sits around 43.60 and it is green. If APPS gets to breaks the resistance level of 44.80 the stock is going to hit around another resistance level at 47.70 and if it keeps showing strength the stock will break through and hit the mid digit 50's giving you a 10 dollar gain per share again.
But if the stock under performs under pressure the stock and breaks support at 39.50 the stock will go to the redder ends of the market and could hit the prices around 37-35 taking a 10 dollar loss per share.
Digital turbine values it's company at around 96 and it is expanding quickly. Do your own research and let me know if you want me to do any other analysis.
CADJPY SELL BIASHello Traders,
CADJPY is in retracement mode on the Daily timeframe. On Daily timeframe price has been rejected multiple times in the previous weeks, giving us a sell bias on the lower time frames with a good risk to reward of high probability.
We are waiting for a buyer retracement, which if satisfactory as per our rules will provide us with a good entry.
BIAS: SELL
Timeframes for high precision entry: 60/15
Follow for Free Entry Signals on this trade and others from Professional Traders.
NAS100 ForecastSo our short was stopped however we still have a long zone below which we is on our radar.
If price breaks into the empty space below and starts to reverse we have 2 short zones highlighted in red we expect price to reject off to continue down into our long zone to then make way to our 🧲 zone.
At this moment in time we remain flexible in our analysis. If our long zone does not hold we re analyse again!
The Inverse of Ethereum - UVXY Volatility - ACTION IMMINENTUVXY holds an inverse relationship to SPY and others but most eerily to that of Ethereum. As crypto gives way to massive selling, UVXY will breakout in an exponential explosion. Just as crypto went >10X on hype, so to will UVXY.
Inverse relationships are telling and as close to guaranteed price action as one can get.
Ditch the Crypto. Bank on VOLATILITY!! UVXY. It's here to stay a while.
TROUBLE: In a land down under!The Aussies are in trouble but they may not know it as yet.
Caution : this is not a prediction that the AUS200 is about to crash, or will crash. All observations and comment are based on this snapshot in time. Next week this analysis may be irrelevant if the picture changes dramatically.
Features on the chart:
1 - A clear sign of rebellion after panic selling.
2 - The rebellion is actually weak, in technical terms.
3 - The retracement up into 61.8 fib was unsurprising.
4 - Price struggled in the first (lower) zone of congestion.
5- Price was rejected twice from the second (higher) zone of congestion.
6. Price remains under the Daily ATR (amber line) - which represents a big change in sentiment at a macro-economic level.
I don't trade daily time frames, as they take too long to deliver and they are too risky for me. I would go long and short in a daily time frame bull or bear market on much lower time frames e.g. 3 to 15 min (which in trend following cant take days to complete).
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Bitcoin (BTC/USD) Daily Chart Analysis For February 18, 2022Technical Analysis and Outlook:
Presently, a downtrend indicates that the current price action is
renewing for the move to Mean Sup $37,000, $35,150, and Outer Coin Dip $30,800, respectively. While some bullish scenarios are also possible within the downtrend.
If you buy stocks, use STOP orders!If you buy stocks, use STOP orders.
Don't ride the submarine to the depths of the ocean. If it's a submarine, you want out! Not because the submarine may come back to the surface for oxygen, but because a submarine can stay under for a LOOOONG time, or it can sink (which you don't want). So instead, the goal is to avoid the submarines and to try to ride dolphins...and then hop onto a hot air balloon, that then brings you to an trans-orbital ship that brings you to the international space station. From there, you want to hop into a space shuttle ship that will take you as far as Mars. From there, you want to hop out and hitch a ride w/ passing by aliens, and ride w/ them to another galaxy.
Each of those levels, use stops! Careful that the dolphin isn't on LSD and swims you down to the submarine or to antarctica. Don't let the air balloon drop you back into the ocean where you may hurt the dolphin. The trans-orbital rocket can easily explode. And don't let the international space station explode w/ you in it...you will be stranded in outer space and freefall back onto the top of the hot air balloon. Be weary of the space shuttle ship flying on the wrong course into the sun (that is oblivion). And make sure the extraterrestrials are headed in the direction away from earth.
Do I have any stocks that are in orbit or in outer space or on their way out of the ocean. No. So take what I say with a tub boat overflowing of salt. But, conceptually, what I said ought to be the real goal. Long term investing but playing it w/ smart, protective tools to ensure that we stay away from submarines. The main goal really is to avoid submarines. Anything else is bonus.
Bitcoin Bottom forming???Bitcoin
Price action has seen an attempted recovery rally after the sell off and now that bitcoins above that $40,000 level we could be seeing this short term pull back be a backtest of 40k and then a continuation of this recovery rally breaking the neckline of the rounding bottom formation which happens to line up with the levels of historical support and resistance in this range . The best possible thing we could see for bitcoin is a break above this neckline and a reclaiming of 53k and beyond
Let me Know what you're seeing going on with bitcoin and the rest of crypto in the comments !
How Much Can You Make Trading Forex?Mark Twain once said: “There are lies, damn lies and statistics”. People lie, numbers usually don’t, unless manipulated by liars. If you ask somebody trying to sell you a course or some other products related to the market, they’ll promise you 3x of your money in a week and convince you can start in couple days. Sounds too good to be true? Because it is.
One way to return to reality in the industry where everybody is showing off their gains and concealing loses is to look at other financial aspects of life (not in a self-diminishing way, but rather self-awaking).
Average General Doctors make 41.000$/year in UK. What makes you think you can make that much in a month with even a 100.000$ account?
Banks deposit interests are currently at low of 0.1-0.25%/year. This is self-explanatory as banks are perceived as one of the most conservative ways of keeping your money.
S&P500 averages around 9.4%/year. 47% of Americans have invested one way or another (pension funds and 401k’s) into S&P500 as a good balance between security and profitability. What do you think is the risk should be to make 25x of that in a year? Answer: 3.5-5% per trade.
Most of the market participants don't risk more than 1%/trade. Why wouldn’t they risk 5% per trade for more gains? Answer: you’ll get wiped out in couple trades :/
Becoming a lawyer takes 7 years on average. Why would somebody think that watching 2 videos on YouTube or reading 7 articles is enough to place a trade? Answer: Here, unfortunately, some brokers and traders try to convince newbies, in order to take advantage of them quickly. However, trust us, trading is no different than other full-time skills you have to acquire over long periods of time.
Leading investment funds experience ROI drops every 3.4 months. Would you still think profitability 12/12 months a year is realistic? Answer: It is not.
Bottom Line: Trading Forex is an interesting and rewarding way of making money, but the truth is even the best traders don’t usually make more than 5-15% a month on average. On the other hand, %s don’t matter. What matters is your personal demands! If you need to make 1000$ as a side income to add more comfortability to your life a 10.000-20.000$ account with a proper trading plan should do the job. If you’re trying to become financially independent do the math accordingly 😊
Oh and also, if somebody tries to tell you something marked red in the Myths section, respectfully, stay away from them! (RUN!)
VeThor PampLooks like this is actually ripe for a pump. If this is a completed cycle and ATH is near, then we see .10-.14 cents on this monster by the end of the month. If the orders come in, we see .10 to .14 by the end of the week.
I can't vouch for Vethor, but I am holding until I see more action in price. I have a good feeling that people will need somewhere cheap to dump some profits... Vethor is a valid option at just under .01 cents!
Not financial advice!