ANH reaching supportANH has been trading in a rising parallel channel for a year now following the all time lows hit in March of 2020. The RSI is oversold and MACD is looking to cross shortly. If it bounces off the support level I think we could see a move up of 20% in the short term. The longer term picture suggests that the stock is still within a longer term descending parallel channel - which if it does break out of, could be very positive - but this would probably need the lock-down blues to be over first.
Investingopportunity
EOS/USDT - Big picture in the long runHi guys,
I was watching EOS and comparing them to another crypto, and if you see the big picture, is hasn't even met half of the all time high!
In my opinion EOS it's a big bet, especially if the monthly candle closes above that resistance!
What do you guys think about this? Tell me in the comments bellow! :)
Uniliever (UL) - Long-term buy and hold OppThe company that has brought you amazing products such as Dove soap, Lipton Tea, Ben & Jerry's, Vaseline, and many many more products is presenting a good opportunity to invest in them.
My technicals are showing that they are undervalued with potential bullish divergence.
As I stated, i would be looking for support to be created before i purchase more shares.
2021 is starting off with really good buy setups for the long run!
Invest Wisely!
#BmoreWealthy
BRDBTC – Bread – Coin of the week – Big up potentialThis week’s coin is Bread. We are in a bearish trend from the day it reached an all time high of 0,00021 BTC in January 2018. It made an all time low on January 8 2021 and it seems like it’s picking momentum to the upside on the 4h timeframe. We have some resistance at the rectangular area on the chart but if we break that zone we should expect a correction and then reverse the whole bearish trend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Glenmark ready for another 30% up?Glenmark broke its 4 downward trend in August 2020 and since then it is consolidating around the same levels.
Any thrust upside could be really quick and furious.
Form march lows, it has also taken 32% Fibonacci retracement level, which usually acts as strong support.
We can go long with a target of 680-700 with recent lows as a SL.
Looking Back on 2020's Trades and InvestmentsThis is a Trading and Investing Review Sheet for 2020, where you look back on all your trades and investments, and evaluate on how the year went.
This post was inspired by Richard Moglen on Twitter.
As a trader, evaluate your trades based on this criteria:
1. Profitability
2. Max Drawdown (MDD)
3. Trading Strategy
4. Capital Management
5. Trading Plan
6. Trading Log
7. Emotional Restraint
8. Education
9. Routine
10. Best Trade of 2020
11. Worst Trade of 2020
12. Improvements for 2021
As an investor, evaluate your investments based on this criteria:
1. Profitability
2. Risk Management
3. Investment Ideas
4. Capital Management
5. Portfolio Management
6. Diversification
7. Investment Strategy
8. Education
9. New Opportunities
10. Best Investments of 2020
11. Worst Investments of 2020
12. Improvements for 2021
If you like this educational post, please make sure to like, and follow for more quality content!
If you have any questions or comments, feel free to comment below! :)
Seattle Genetics juicy entry point!Support zone + Side of Bollinger bands + Hammer + Divergence + Nice discount