Golong
Marking out BNBUSDT levelsGiving the levels I'm looking for, along with the timeframe they're from.
The higher the timeframe the more important it is as you all know,
Personally looking for longs in 460-480 areas so that i can add to my positions from 430.
Taking a little profit here might not hurt since we might consider this as a triple top near 540-560ish area.
Trading these level by level as scalps until i get 460
MDT price target raised to 133; pent-up demand provides tailwindMDT price target was just upgraded to $133 by Citi. I see it overshooting that in the long run. Elective surgeries have been put off and doctor visits have been down throughout the pandemic so the amount of pent-up demand for surgical/medical care is going to be through the roof. With an aging population, healthcare is a MUST as a sector to allocate to.
MDT is an excellent way to play this sector. After periods of consolidation, MDT looks ready to head towards it's price target. My guess is it hits $150 before it reaches any significant resistance.
In terms of fundamentals, their current ratio is 2.1020, meaning they could pay their current liabilities 2 times over if sh*t hit the fan and business came to a complete halt. Highly unlikely, but if it did happen, you would be sheltered for a period of time.
Go still good🤫Hello, dear friends!♥️
As you know, I try not to buy hype coins, because what has already been pumped well, soon will be dump painful!
I went through such an experience in 2017 and I don't want it anymore!🤪
Now I wanna pay your attention to GO! It's still at the bottom and I see a good medium-term perspective in it)
You can find my thoughts on the chart!
Stay with me😍
Always sincerely with You♥️
Your Rocket Bomb🚀💣
go long MLM. will benefit from infrastructure billMLM has been building strength and continuing. Although sometimes a high RSI means something is overbought, sometimes it can signal strength. Every time the RSI and MACD spike, it ends up being a sign of building strength and momentum in MLM as marked by the blue vertical lines.
There was a bullish Golden Cross and with the infrastructure bill around the corner, MLM stands to be a huge beneficiary.
Fundamentally, they are reducing debt and increasing profit margins while beating on earnings 3 out of the last 4 times.
Short-term price target: $368-$375. Plus in the meantime, you'll collect a dividend.
Long-term price target: $420
Update on DKNG trade: near target, on trend, bullish indicatorsDKNG traded up in the parallel channel and nearly hit the projected target. Based on the TTM squeeze indicator it looks like it is just building strength to take off. MACD signals buy as well.
Fundamentals: They just beat on revenue on their latest earnings. They continue to grow paying-customers. More states are legalizing giving it a tailwind. This stock could trade to CHWY levels easily.
Entry point: Below $65
Price Target: $100
Stop Loss: $50
Update on DDOG: should trade up into earningsI reconfigured the parallel channel and if it stays along the median it could hit $123 by earnings.
RSI showing it is not overbought and MACD signaling buy.
Looks like there is a path back to contend with previous resistance at $118.
This was nothing but a healthy market-wide sell-off/correction, mainly in technology, that brought this down. Fundamentals are still intact.
There was a recent bullish cross (annotated on the chart with a note) and Moving averages have maintained separation and strength since then on the 4H chart despite the pressure release.
Whether they break-out on earnings; it's too soon to tell, but it definitely looks set-up to trade up to that point so it could be a good short-term play.
I will have to come back and reanalyze when there are more whisper numbers on the street for earnings. Will also check on similar software/tech stocks that report and see how they react upon earnings as a gauge for how DDOG should react.
ETH bounced off 400 day EMA, pressure released, onward & upward!The high-flying crypto finally had a healthy correction. This could be a good buying opportunity for long-term holders.
MACD and RSI are screaming buy. The green line signifies what will hopefully become future support for much higher levels.
An amateurs impression of EthereumAs I stated yesterday, I'm a strict amateur. But I wanted to update my post from yesterday with some new information that has come to light.
We have a showdown coming. Per my chart, we've got a YTD Rising Price Channel. So far for the month of Feb, we have a new price channel forming with new ATH and new higher lows. The StochRSI is showing as a good buy, but the RSI is starting to show it's over bought on the 4 Hour Candles. The new rising channel is going to be meeting the YTD Rising channel and we're going to get a squeeze again. Where the Bears and the Bulls are going to fight over the direction of the market. What happens next? I don't know. I lack the knowledge to hazard a guess. I'm just sharing my observations.
Thanks for reading!
Market Patterns to trust in (Opinion Piece)So, I'm a very amateurish amateur. I've been lightly involved with crypto since 2016, I FOMO'd during the bull run in 2017/2018 and lost 90% of my portfolio day trading before I had had enough. So I stepped back. I wanted to see what would happen next. I hadn't watched the existing patterns closely enough leading up to the bull run. I wanted to see what happens when the next bull run comes along. Well, here we are.
This TA isn't about price charting, or predicting what will happen with the price. It's more of a Huh? This is interesting to me, what does the community think of this?
When the market drew down from Jan. 2018 to Jan 2019 I almost bought in again to go long, no more day trading for this guy. But I was filled with some serious FUD after my experience the prior year day trading. Also I had just had another child... Yeah, my confidence and funds were too low to justify investing. I didn't have enough knowledge to make that decision.
Based on my experience, I'm really looking to go long now. But not right now.
As you can see I've pointed out some of my thoughts and observations over the past 2 years. The biggest take away for me is this. My being patient will pay off in 2-3 years. These new highs are exciting, but I have no skin in the game.
I fully expect to see ETH turn a corner sometime in the following weeks and months. Some may see this as FUD, but I disagree. Markets can't always go up, up, up. I learned that lesson back in 2017/2018.
ETHUSD went from $1420 (Coinbase) all the way down to $80.90 (Coinbase) over the course of 1 year.
I'm Prepared this time, when it retraces down, to whatever it retraces down too... I'll be ready. I'm not going to miss out on a long investment again.
Price Target Hit, Roughly +30%Price Target Hit, Roughly +30.12%
This is a follow up writing for my article published on January 6, 2021, with the title "Weekly Trade Ideas for the 11 Automobile Manufacturers" In that article, I wrote, "Trade Idea: A retest of the previous high around $18.91 is possible." Here is the link to the article:
The current price is $17.15 as of the market close on Monday, January 11, 2021, per Yahoo Finance. That is close enough to the original target price of $18.91. Today, the stock price hit a high of $17.69. Per the above chart, the original price target of $13.30 to the high price of today, which was $17.69 is close enough to the original price target. That is a capital gain of around 30.12%. This completes the go long market idea.
Thank you for reading!
Greenfield
Remember to click "Like" and "Follow!"
Disclosure: Charts interpreted and articles prepared by Greenfield. A market idea by Greenfield Analysis LLC for educational purposes only. This is not a solicitation and not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the article, and no plan to initiate a trade in any of the securities mentioned. Greenfield does not receive any compensation for this writing. Investment involves substantial risk. You should consider carefully before making an investment and investment is at your own risk.
Go long now, before it is too late!Currently we see BTC on the 15min chart forming a ascending triangle. If it breaks out we could see BTC skyrocketing to 20.000,00. Couple hours ago it has spammed wicked to 17200 which in my case is a retest from the parallel channel. What we could also see is BTC retesting the 17900 support, which is not strong, but if it fails the 17200 will be the next support, which is strong and it would not fail. That is my opinion! Good luck guys!
Come on!!!! Wait for confirmation and Go Long!!!!FX:XAUUSD After moving down this week, we can see this Falling Wedge (Bullish Pattern) just wait for confirmation, we have two entries... High Risk around 1840, and the second one, more moderate, waiting for this breakout over 1930... Just Wait, and Go Long...!!!
Just wait for confirm this PullbackCURRENCYCOM:US100 Right now ,we waiting for conformation for this pullback, that's depends of U.S fiscal package before the U.S. presidential elections next month, Pelosi announce a dead line on Tuesday, if the don't reach an agreement, this aids couldn't happened before November 3rd... if this pullback confirm we can arrive to 3.800-3.900 very soon