institutional money going into TAPNot only is TAP extremely attractive fundamentally, now the technicals and external catalysts are there. Morningstar just named it one of their top stock picks of the year because of its selection by some of their most respected managers.
Morningstar is a non-bias third-party research firm that most advisors use to help keep track of their models, clients' investments, stock valuations, and fund evaluations. They are, IMO, the most reliable source for financial information that is truly material.
TAP is trading at an EV to EBITDA level of 7.8874; under 10 is considered to be that of a company that is running extremely well financially. They have been launching Seltzer products to compete with SAM's Truly. Their Coors seltzer even has an ESG side to it where every case you buy, a certain amount goes to saving rivers.
All in all, do not miss this move. Its FAIR VALUE estimate is $60. In my experience, stocks surpass what is thought to be their legitimate value based on their books/financials. That's easily a 24% return. Keep in mind that VIAC's FAIR VALUE estimate was $57, look at it now. Long story short, price targets are different than fair value estimates; price targets are where you think the stock is going, fair value estimates are where the stock should be priced based on its current financials/books.
My price target for TAP is $75, which would be a 55% return.
Goldencross
ETH - USD, BTC & Dominance :: Consolidating before next leg upThis 4 pane chart breaks down the current consolidation on the 4H chart and looks at the 1D uptrends in terms of USD, BTC and market dominance. Taking a breather in the 2700s before heading for ~3300 by mid-May-ish. Looking at moving averages, Gann fan up trending channel, volume profiles, a little RSI and AX/DX for verification.
4 pane chart:
4H ETHUSD - consolidating
1D ETHUSD - consolidating
1D ETHBTC - BTFD!
1D ETH.D - Correcting before leg up
MDJM Ltd (STOCK: $MDJH) Is Our Nasdaq Listed Golden Cross Alert Act fast and get MDJM Ltd. (MDJH) on your screen!
This low-float NASDAQ listed alert has a history of monster breakouts, and its chart is forming a "Golden Cross."
The Company witnessed a revenue increase of +3.3% YoY, and appears to gearing up for and even more successful 2021!
MDJH Bullish Catalysts:
Chart is forming a "Golden Cross." The golden cross is a chart pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average. The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as the 50-day moving average) or resistance level.
Has Increased sales YoY.
Has an extremely thin float of 1.46M.
Well recorded history of single-session breakouts
If the reopening trade is dead, the real estate sector, which finally closed above pre-Covid levels this past week, didn’t get the message. Further gains could be ahead.
About MDJM LTD
With branch offices in Tianjin, Chengdu, Suzhou, and Yangzhou, China, MDJH provides primary real estate agency services to real estate developer clients, as well as as-needed real estate consulting and independent training services. The Company also provides tourism development services, including real estate marketing and planning services, real estate agency services, and advertisement planning services.
USDHUF triple trade false golden cross?? the sucker is following a downtrend since the pandemic hit
it's realy building some manual type wyckof.
verry respective of divergence with rsi.
1.a risky trade could be entring now long, untill it meets the main trend.
2.another is waiting for the meeting with the main trend and go short.
3.this trade could be opened with 1 for a long short option if it breaks the short trend(kind of likly).or open it after trade 2 is aproaching the third target.
if you knew me..you would do exactly the opposite. trade safe
REVO - possible W formation after double bottomREVO was trying to breakout in Feb 2021 but due to overall red tech markets and an excessive sellout it dropped under 0.30 CAD $.
The chart looks strong and healthy at the moment. Currently REVO is highly oversold.
MACD lines might be crossing soon which could generate a bullish signal.
One possible scenario:
After two subsequent successful tests of support levels around 25-26 cents earlier this year, a reversal and upcoming W chart formation is realistic to me.
Golden Cross, MA 50 & MA200 closing in on each other, in AMD?AMD has been in a phase of consolidation for some time, the stock has been trending upwards in recent time and is close to reaching a point where the MA 50 cuts the MA 200 lines on the 1 year graph. The response that we've received from board representatives is positive even though the company is being affected by the semi-conductor shortage, indicators are however pointing towards this mainly affecting the end-consumer and not the company. Since AMD has been able to increase the share of production which the company will receive from semi-conductor producers it's likely that the company will be able to take more market share from competitors like Nvidia and Intel. Overall this boads well for the company and its coming performance.
Notice also that long supports have held up and that this consolidation period came after a quite strong bullrun. Some of the shorter resistances also seem to get questioned and might in the short term start acting as supports.
Due to these fundamental and technical indicators I'm bullish towards AMD and I hold it to be true that the performance of the stock the coming months will be positive. The thing that might, however, make this idea void is if the company hasn't been able to handle the semi-conductor shortage well. The CEO and President of the company, Lisa Su, has however been indicating that the current situation is very positive for AMD which makes these worries seem less worriesome.
BIIB has incoming Golden Cross, rising past support zone?Hi. In this 1D chart I've marked an impending Golden Cross: the point where a MA 56 is very likely to cross a MA 224 upwards.
With this I've also plotted out a Resistance zone and a Support zone. The price has just entered the Resistance zone but instead of turning back this time the momentum of the Golden Cross should push it past the Resistance zone.
I've also included two example trades. One has its SL placed on the price of the Golden Cross and then given a ratio of two to make a reasonable TP.
The other has its SL placed on the top line of the Support zone and given a ratio of 1.75 to make a more conservative long position and keep the TP within a reasonable price.
Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you.
This does not constitute financial advice. Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations. Any trades shown or mentioned are examples and neither recommendations or mandates.
WPC Clearing Resistance!WPC has been consolidating for a while now, we entered a long call position and are currently up 83%! Now that WPC has cleared and held $72 we could see a large push higher. Looks like the accumulation phase is coming to and end, we have a Golden Cross along with good buying volume coming in, bulls are taking control here!
SONM SNM GOLDENCROSS EMA50-200 PASSED x3 -300% easy money... stop loss 92sat
low cap coin with 20mn$ around... good luck all
STORJ and GOLEM are compe....look marcetcap from than and compare...
ENJ BREAKOUT! GOLD CROSS ON 1HR PLAYING OUTENJ has put in a complex double / rounded bottom and broke above the short term upper trend line as well as local resistance level, with volume, possibly triggered because of the bullish golden cross of the 100 & 200 SMAs confirmed on 1HR TF.
For ENTRY - Look for a retest of fibs & local support levels. More bearish short term idea would be a possible retrace/retest of the rounded bottom pattern (but I wouldn't bank on that). ENJ can pump pretty hard, and with NFTs still in the news, I'm definitely bullish on short / mid term as alts start to take off again.
Don't forget to take profits though - like many alts, ENJ tends to put in these weeks long retrace/consolidations after/before pumps.
happy trades,
Crypto D
Parabolic Moves ! FET/BTC #FET #FetchAI $FET Here we see our FET 3 day chart and as you see we broke out last night ! Coming very close , as expected, to our high from last Summer near 1550 .With Mainnet coming in 3 days we seem to be entering into a Parabolic upward movement here .You see where the green arrow is on the chart ? That shows an obvious Kumo Twist on our Ichimoku Cloud - ( also known as a Kumo Breakout ) and it's very Bullish ! . We are also about to have a Golden Cross happen with our light blue 50 MA going to cross up and through our dark blue 200 MA . Next target above us is 3200 - 3420 area ,which is near strong resistance and our .236 fib. I'll link the fib targets in my other chart below . This looks great , extremely bullish chart . Now there can always be some pullback along the way as well as consolidation - I'm not saying we go to 3200 and above tomorrow - but it is definitely looking good for April and beyond !
EXPR Crossing MA on Fib TimescaleI will be watching EXPR tomorrow (26-Mar-2021) for a potential breakout as the daily moving average crosses above the weekly moving average that coincides with a Fibonacci time scale sequence.
No particular targets have been set.
However, previous levels of support/resistance have been identified.