Innovation
Ascending triangle could be forming after an all time lowHaydale recently had some results published and seems that fundamental good news have managed to stop the downtrend.
Will this reversal start trending? We don't know yet but we will be keeping an eye in the following days and weeks since a bright feature can be awaiting behind the corner for this company.
To read the latest report from hardmanandco just google for "hardmanandco report haydale"
CVS attempting rising wedge breakoutCVS has been testing the upper trend line of its rising wedge, which it has breached a couple times in the last two days. The last three days have also seen heavy call option buying activity. CVS has a very bullish 9.4/10 Equity StarMine rating, and it's rated as extremely undervalued by S&P Capital IQ.
Investors are betting, in part, that CVS will benefit from the bankruptcy of Fred's, a major competitor. CVS is also now going to be selling a CBD (cannabis) product from SocialCBD. Plus, CVS has big plans to open 50 HealthHUB stores, low-cost clinics that will leverage artificial intelligence as a diagnostic tool. This could help disrupt the cost bubble in the healthcare industry.
I don't know that the rising wedge will necessarily break today, but I do think that CVS should see continued strength in the coming year. This is a good long-term buy and hold.
Electroneum pushes sideways but for how long??Hello everyone and welcome back. Hope everyone is having a great summer! Looking at the #ETN chart we can see sideways action over the past few weeks. In my last updated, I did mentioned this was to be expected, even after the upgrades to Electroneum's blockchain. The reason is simple, we have more hodlers and sellers then buyer. Now, thanks to the upgrades and partnering with NGOs for mining purposes, as well as others, we see less selling pressure. In the chart above I outlined two things.
1) Descending Wedge - If ETN follows this wedge downward then it is likely we can see low 20s, which was the case when we were in the mid 40s and I called mid 30s. However, even if we dip to low 20s I believe it will be short lived. The other possible scenario is that we break the wedge sooner within the next 10 days and continue with the sideways action between 40 - 60 sats. We need to wait for confirmation before deciding on the direction of ETN long term.
2) The bottoming Curve - When a trading asset bottoms out, it creates a curve where the price initially spikes after tremendous downward pressure then it creates a lower low and begins to move sideways along this curve until it breaks free to the upside. In about 10 days we should be around the middle of this curve.
Electroneum is a project that showed great potential from day one, but the direction of the company was never clear until NOW. After the last blockchain upgrade we have a clear understand of where the team wants to take us. The next half of 2019 is looking very promising. If there was ever a time to accumulate and fill your bags it would be now!
Everyone enjoy your summer, keep your bags safe and don't believe the FUD. The greatest things in life come at a great price so patience is key.
This is not investment advice. This is only for educational and entertainment purposes.
Awareness619
$TSLA Pump or die $TSLA $TESLA$TSLA
If we don't jump anytime we will fall deep in to the low $200 and maybe even to $150 in next couple weeks.
Earnings result went in the price in the open markt, pre-market it did hold very well like my last post about $TSLA.
A lot of downside energy is being made, pump or die $TSLA.
You can consider short positions if we fail to jump on Friday.
Maximum target could be around $150.
It's crazy if you think that we are at the prices of 2017 back again, and maybe even go to 2016/15 prices. The company did way more innovations than you would think if you see the price.
ARKK - Trend UPAMEX:ARKK Indicators show a Stochastic Overbought Reversal (sell) for the coming 2 days,
But a stable upward trend for the long term (bullish) for the Intermediate timeframe.
Disclaimer: i'm not a pro, this is not investment advice. Do not make investment decisions based off my Internet comments or ideas.
An Opinion on APPLA followup to my currently still working opinion on $NFLX (go back and check it out)
Not much to say. Fill the gap, short the lack of innovation + bugs that allow people to force each other to pick up their calls.
New trading strategyNew trading strategy:
1. Find an asset in which you believe, an asset you believe in the long term will 10x or 100x, do the research properly. Try to have a big portfolio for the trading of this asset ( the money you are willing to invest and the money you are willing to trade)
2. Do your fundamental and technical analysis.
3. Start your trading using the dollar cost averaging, place only small positions (in between 0.5% and 5% of portfolio, depending on the risk of the trade) how ever here it is with no stop loss, only take profit or you sell for a profit your self( this is how I like to do it most of the time), if after a rise you are able to place a stop loss that is in profit you may.
4. If you were unable to take profits, and you position is in the negative. You wait until it is in profit again, this is why it is very important to choose an asset with value. So technically, your loosing trades become long term investments.
For example, I do this with XRP, I did my research saw a tremendous value. I studied the charts, and I have been trading XRP for a week now, for now I have 3% of my original portfolio in investments, however with my trading I already gained back those 3%. So my profits are sitting as long term investments which I believe will 100x in the future.
This is why you want to focus on one asset, understand it and get familiar. By doing this, you will be holding an asset you truly studied and like, this takes away the fear of loosing money, because you don't see them as losses anymore but as investments.
The risks :
If you saw value in an asset which actually does not, you could loose all of your investment, so do your research seriously.
If you do your research but still are hesitant, or if down the line you forget why you started this, the fear could come back when you see all time lows and you could sell for a huge loss.
Basically, the risks are those that come with investing.
You also have the risks of day trading, which is completely logical as you are day trading or intraday trading.
The benefits:
If well executed, you will have no trades for a loss, only green !
It will be easier to accept a negative positions.
It brings you profit in the short term and brings you huge profits in the long term.
Since I "created' this strategy it has been working wonders for me so I wanted to share it.
If you like it, please get in contact with me, I always like to get new contacts who are traders.
If you have any questions please don't hesitate.
Thank you for reading,
Piers
An UGLY ROAD ahead for NASDAQ: $AAPL | #Apple! #ABCcorrectionAn UGLY ROAD ahead for NASDAQ: $AAPL | #Apple! #ABCcorrection
[CSCO] Strong Tech Name Looking to break Resistance at ATHCisco, it's got the story. It's got the upcoming earnings .
Besides the technical charts showing strength, it's attractive and I'm surprised I haven't heard a lot of news coverage given earnings coming up.
CSCO 0.72% has the cloud thing going on, it's got the telecoms aspect in a digital way that integrates with its cloud and enterprise solutions. Having that sort of niche-type aspect of cloud solutions seems solid since the competition isn't coming from broader Cloud players like AMZN 0.98% , GOOGL 2.87% , MSFT 1.18% , etc.
Intensive focus on a niche-(ish?) areas in the future of tech is always a buy for me. AAPL 0.70% has been doing the same thing since the 80's without giving a damn about all the people saying that the company is dead if they don't branch out.
“People think focus means saying yes to the thing you've got to focus on. But that's not what it means at all. It means saying no to the hundred other good ideas that there are... Innovation is saying no to 1,000 things." - Steve Jobs
XRPBTC - Third wave incomingFundamental events are lining up for XRP, it is absorbing a lot of attention from the banking industry. Mid July is an important period for XRP.
Rialto.ai will start it's crowdsale on july 15th, the pre-ico starts on july 1st.
Death Slide - Lack of innovation?This is what happens when there is no culture of innovation, a slow death slide. This is the MONTHLY chart of Sears -- who at one time was the nation's largest retailer during my grandparents generation.
Now they are forced to sell off their primary assets to buy more time to try to stay on life support.
$SHLD never recovered from their May 2007 high, 10 years later, stock is down almost 96%... ouch!
Revenue: 23.39B
Net Income: -2.194B
Book value: -31.59 (that's less than zero)
SCTY RIDDING ITS RESISTANCE LINENASDAQ:SCTY is running its resistance line at 27.36. While it does seem to be also following its channel. With both trends in mind I would say SCTY may fall tomorrow, but still follow its resistance line until August 1st. It may start to increase slightly and then fall.
Technology Breakthroughs and the DOW at 40kOver the years we've seen consumer adoption of breakthrough technology spur huge economic growth. We saw it with the radio (~1920), the TV (~1948), and the PC (~1982).
If you go to Silicon Valley today, you will see people paying for coffee in Bitcoin, cars driving themselves, VR becoming common at home. You'll hear talk of CRISPR, and how it can be used to immunize humans retroactively from previously incurable viruses, or edit mutated cancer genes in real-time. And maybe you've heard of a guy named Elon Musk.
The internet has matured, and the unprecedented technology that it has grown will be coming to market over the next 5 years. This is not like anything we've seen before.
Though we'll likely see a dip, the long term growth will be explosive.
Hold onto your butts.
