Investor
Must Buy OTCs: $ETFM $DPLS and $BANT buy laterYou can get rich with three OTCs
All those will hit PT 4 Min
So buy like 2k of each and hold forever
$ETFM 250X Returns 2,000X250= 1/2Mil
$DPLS 236X Returns 2,000X236= 472,000
$BANT 500X Returns 2,000X500= 1Mil
Takes 1-1/2 to 2 years
Pls note, I said buy $BANT later
ZOOM (ZM)| Approaching The Buying Area!Hi,
The price of the well-known video communication software ZOOM has started to approach quite a solid buying area, at least from a short-term perspective.
Long story short, technically, the good buying area stays between $240 to $302 and the criteria are:
1) $300 the mid-round number acting as a support
2) Small resistance level in 2020 become support
3) 2x Equal Waves ending points are in the marked green buying box to add strength in there
4) 50% fall from the ATH (all-time high)
5) Minor lower trendline third touch
6) Fibo retracement 62%
These are the major criteria for this current rejection area, do your own fundamental research and if this matches with my technical analysis then you are ready to go.
The first target stays around $400 ~30-40%
The second one will be the current ATH ~100%
Stay healthy,
Vaido
$AITXArtificial Intelligence Technology Solutions Inc. focuses on the delivery of artificial intelligence and robotic solutions for operational, security, and monitoring needs. The company was formerly known as On The Move Systems Corp. and changed its name to Artificial Intelligence Technology Solutions Inc. in August 2018. Artificial Intelligence Technology Solutions Inc. was founded in 2016 is based in Reno, Nevada.
INCOMING MARKET CORRECTION S&P500Firstly, based on the charts we can see that the S&P500 is likely due for a correction based on the 77 to 80 day time period.
Secondly, the indicators Stochastics (14, 3, 3) and RSI (14 Close) indicate that we are reaching an overbought position based on the daily time frame as well as on the monthly chart.
Thirdly, following the upward trend pattern of support and resistance, we are about to hit the 0.5 (3909.8) level of the Fibonacci Extension starting from the bottom of the Covid-19 market crash last year with the high on 2nd September 2020 and the low on the 24th of September 2020.
These are my reasons as to why there might be a potential correction due soon.
My opinion is that we might see a 8% to 12% correction to the downside towards the 100EMA line (Green Line) and be held by support level at 3532.4 (Orange Line) on the daily time frame in the weeks to come as we close upon the months of February and March 2021.
Stay cautious investors and traders.
Just my 2 cents.
$POLA Creating 3rd StepPolar Power, Inc. designs, manufactures, and sells direct current (DC), power generators, renewable energy, and cooling systems in the United States and internationally. It offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems. The company serves telecommunications, military, electric vehicle charging, cogeneration, distributed power, and uninterruptable power supply markets It sells its products through direct sales force, and a network of independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was founded in 1979 and is based in Gardena, California.
GBPAUD Short Intraweek SetUp Update + Scaled In Position Following my prev GA analysis shared here on the TradingView community. Im scaling in a position in the current LOW into the monthly lows 1.74500-74000. Beautiful trade setup with a stoked RR. If you haven't seen my previous GA analysis I urge you to take a look,! PEeace
$ASTI Price Targets PTs .30-1-2.50Ascent Solar Technologies , Inc. designs, manufactures, and sells photovoltaic ( PV ) integrated consumer electronics and portable power applications for commercial and military users. It offers outdoor solar chargers, such as XD-12 and XD-48 for the individual soldier and platoon power needs; high-voltage SuperLight thin-film CIGS PV blankets; and solar modules. The company markets and sells its products through distributors, value added resellers, and e-commerce companies. Ascent Solar Technologies , Inc. was founded in 2005 and is headquartered in Thornton, Colorado.
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! :)
4th Extended Drive Gold Shorts Explained. Shorting Gold into 1850.00 as mentioned on prev analysis. Commodity went 60-70 pips past crucial weekly level to take out all intraweek/swing sellers and also putting in buyers into the market. It has made 200+ pips in just the Assian session so im expecting a intraday meltdown into the current LOD for the next two sessions ahead. Feeling confident about the move but anything can happen in this market so trade smart. Let's grab this bag for Christmas! Peace Out
SPY: A Trump & Biden ElectionI think the market is smart. We need to read its psychology. I received countless texts, calls and DM's about this election year and the potential results. Well its tough. I have many friends on both sides of the spectrum and some of Biden's and even California's tax plans is really important to understand.
While it would potentially take years and months to implement and Republicans are anticipated to control Congress and a decent control in the Supreme Court. This is important in providing the Check's & Balances in our Primarily Two Party System. (I see you Green & Libertarian Party).
Thus far we are in a consolidation phase. It is hard to call this pattern a rising wedge...which often leads to a bear reversal. Is that something we are going to see under Biden? Or do we predict one final big run in the market and if Biden win's we can potentially see huge sell off's prior to the execution of his tax plan. Its a big WHAT if scenario.
I will be very honest and say I am not to sure about who is going to win. Biden looks to have the advantage with the various votes coming in at the last minute. I'll leave conspiracies and my personal political values on the sideline.
Chart Wise:
We set two Lower Highs.
Two Higher Lows.
Consolidation theory makes sense considering the election year.
IF we want to hit a big final push into HH...which seems a bit insane in this market, but potentially possible if Trump wins. The amount of people who have sat sidelines cash and waiting for a Orange Hair win is quite large. I know real estate developers and investors who told me if Trump wins they will go full steam ahead in their developments and acquisitions. So can this be a big driver for people who have money? Maybe.
I also heard of many saying they will pull out of the market if Biden wins and slowly decrease their ownership of stock to preserve portions of their wealth.
What is MOST important during this time is to BUY LOW & SELL HIGH. Be patient. Try not to touch anything at ATH's. The best posture is a defensive one. That being said I opened position around the time of the second lower high. It was a easy trade that benefitted me greatly in the last two days. So if you are willing to take a little risk try and enter as close to the bottom of the symmetrical triangle.
Again, these are all my personal opinions and not professional advice. Do your own due diligence and trust your own gut. If you have any other perspectives please let me know! I would like to continue to educate myself and see how other trades think and perceive the markets.
Thanks again. Stay safe & Happy Hunting!
Reg.
Gold Investor Trend lineGold made all time high in 2011 after 2007 financial crisis. How just one trend line predicted current bull mark with two buying opportunities.
Trend lines are the most popular technical analysis strategy among trader and investor. Since investor invest for long term, weekly chart is their favorite where all investor's consensus see clear about price
Make or Break Week For AXGT?AXGT is back at another area of support/resistance. Friday will be another day to keep in mind in light of the company's event. There will be additional data and program updates at its Parkinson’s disease R&D Day on Friday. Remember what was also said originally with this particular trial
“These data, showing over 20 points of improvement on the UPDRS Part III ‘OFF’ motor function score, as well as meaningful improvements in quality of life measures, underscores the potentially best-in-class profile of AXO-Lenti-PD gene therapy in Parkinson’s disease. The totality of data seen thus far reinforces my belief that AXO-Lenti-PD has the potential to transform the treatment of patients with Parkinson’s disease through one-time administration of gene therapy.” - Gavin Corcoran, M.D., Chief R&D Officer at Axovant.
Original Quote Source: 5 Biotech Penny Stocks To Watch With Recent & Upcoming Events