Investor
BITCOIN | Strong Crossing Area!Hi,
It is hard, it is really hard to find something good and shareable but every time I'll try to come up with an area that may help you or may play a role in the further price action. This time, I'd like to trade it myself. Obviously, there are some certain rejections that I need to wait for because of lack of my "bread-and-butter" criteria but in general, it should offer something - win or lose. :)
To be said, I even started to draw an RSI trendline! This should give you an idea of how difficult this level is because I don't use those lagging indicators almost at all. I HATE those big Daily candles (25. & 26. Oct.), I hate that low volatility after those big candles, I hate this slow death after those Daily candles BUT luckily, here are pretty good long-term criteria that allow you to read the chart properly.
Okay, let's talk about the criteria which make up a crossing area around the $7,700 - $8,000:
1) The fat gray trendline from 2019 high. I said that I hate those massive candles but there is something good about them as well. This trendline worked several times as a resistance line. Multiple failed attempts to push the price above of it, nothing, but after the end of October pump, the price managed to crack the trendline with a strong and powerful candle. It shows perfectly that this trendline is really strong because we needed a hell of a power to make a breakout from it. In general (textbook example), after the breakout, you should wait for a retest to get better entry and currently, the price has started to approach that trendline (which now should act as a strong support level) to make a retest.
2) The yellowish area is historically a strong area. Pulled on the Weekly, several rejections and etc. Recently, it has worked also as a strong support level. It is great that those historically strong basic technical analysis criteria make up a crossing area just below the current price.
3) The black trendline - pulled from 25. April, second touch 23. Oct. It is not the strongest for several reasons - the distances between touches are too asymmetric and etc. - but it is good to have it because it adds a bit strength to the crossing area. In general, good to have it.
4) The round number $8,000. Again and again the 8k. It is almost like the magic number, let's see can it do magic this time?! :)
5) Fibonacci Extensions. Why I have this low volatility after those massive candles are the downwards waves. So difficult to read those tiny bounces and if it is difficult then this decreasing the trade success rate because all become a bit subjective: "I can draw those from here, ahhh...I can draw those from here as well and etc. etc." - basically, it is super easy to make mistakes.
6) Still, I have found some logical AB=CD waves. D points are in the middle of the crossing area.
7) Weekly EMA50 should also add a bit of strength to the current area.
Basically, here are a few opportunities to make a BUY:
Riskiest: Buy immediately after the price has reached to $7,850
A bit less risky: Wait for a 1H candlestick pattern inside the yellow area.
A bit safer: Wait for a 4H candlestick pattern inside the yellow area.
Safest: Wait for a 1H or 4H candle close above the light-blue counter-trendline. Counter-trendlines have offered a lot of pretty amazing trading opportunities (the last one was a sell from 9,200 to 8,600). This time the starting platform (the fat trendline and the yellow support crossing area) is pretty good.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Best regards,
Vaido
CPST Volume Above Average; Buy or Sell Signal?"Capstone Turbine Corporation (CPST Stock Report) may be a beneficiary of this (for now). Shares of CPST stock hit 52-week lows of $1.88 on October 29. Since then it has reversed course to highs of $2.29 thus far."
The company manufactures microturbine energy systems. This week Capstone announced significant news that could have acted as an initial catalyst for the latest move. The company reported that it has secured its first offshore oil and gas order in India. The order was for 2 of its C65 microturbines for use in the Arabian Sea.
52 WEEK BOUNCE OR NEW LOWS ON THE WAY?
PREVIOUS GAP DOWN THEN BEARISH SURGE LOWER TO NEW 52 WEEK LOWS
BOUNCED LAST TWO DAYS AFTER NEWS.
MORE INFO: 5 Penny Stocks to Buy Before Next Month?
Correction Imminent - 1 Hour Interval - EURUSDHello Successful Traders,
The currency paid (EURUSD) has been over-extended for approximately ( 2- 3 hours), considering this ideology... an imminent correction may take place within the next few hours to then potentially trend upward yet again. (Await Confirmation Prior to Market Entry).
Be Diligent and Stick To Your Trading Plan***
Not Investment Advice. For Educational and Analytical Purposes Only.
-LionGate
Potential Correction - Daily Interval - EURJPYHello Successful Traders,
The prevalent push towards the upside (bullish) has begun to manifest intriguing (potential trend transfer) analytics for the days (and weeks) to come.
Be Conscientious and Stick To Your Trading Plan***
Not Investment Advice. For Analytical and Educational Purposes Only.
- LionGate
KaratBank Coin/KBC - IN GOLD WE TRUSTThis is one of that coins that deserves your attention. It is a crypto backed with physical gold. I am watching this coin quite some time and I do not want to wait any longer.
But make your own research and you will see that potential..
We are at 0,786 fib. lvl and MA200. They should be our support and it seems like the ABC correction is at the end.
Wait for 4H pinbar and I am on it! If we can bounce off this lvl, then another impulse wave could be triggered.
Pretty good price for pretty good investment!
EURO: Can we push into 1.11640's? Hey guys, just got done doing some dissecting on the Euro here.
Really incredible movement we saw this morning during ECB Press Conference release, and CPI.
Monitoring the Euro on the fifteen minute - it literally rallied 300 pips both downside and upside combined.
Looking ahead into tomorrow, there is high impact news on the Dollar. Core & Retail sales specifically at 8:30am - looking for upside continuation on the Euro,
I believe we can reach for 1.11640's potentially by tomorrow afternoon or mid day, or maybe we can reach for the downside I truly all depends on the marketplace.
My bias is going to remain bullish, it can change going into the morning depending what Price does. If my bias change, I'll most likely re-upload an analysis.
Had some pretty successful trades these past few weeks, check them out.
Potential Bullish Break Out - Daily Interval - AMRHHello Successful Traders,
As the time is approaching, for some of us we have been anticipating the announcement of the Earnings Report. Tomorrow at 8:00 A.M. EST, the company will release it's report. Await confirmation prior to entering the market.
Resistance Level 2 - (0.40 - 0.50) 10 cent interval
Resistance Level 1 - (0.33 - 0.40) 7 cent interval
Key Price Zone (KPZ) - (0.25 - 32) 7 cent interval
Support Level 1 - (0.20 - 0.25) 5 cent interval
Support Level 2 - (0.10 - 0.20) 10 cent interval
Furthermore, the company has released a number of promising PRs that can truly assist its revenue stream within the upcoming quarters.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
- LionGate
DPW ShortI share this idea to help educate those trying to learn how to trade stocks. Many will throw tomatoes at me, but hopefully one of you can find this post valuable in your journey. I will keep this relatively brief.
Let's start with the most recent DPW 10-Q found here: www.bamsec.com
First, check the date and shares outstanding, then proceed to the balance sheet. The balance sheet is a snapshot of the companies health. I want you guys to take a look at the current asset section and compare it to the current liabilities section.
The current assets are all items to which the business can turn to cash within a year.
In DPW's case, we are looking at a total of $9.96 million.
If we go down and look at the current liabilities of the business, we see that DPW has accounts payable of $13.5 million. This means that DPW has to somehow figure out how to turn all of its current assets into cash to pay those which it owes money to, or generate enough cash from its business. It is also important to note that DPW only had $876k in cash at this time. This leaves a lot of pressure on the business to perform so it can pay its bills.
If we go to the income statement, we will find that DPW's business is experiencing difficulties in profitability as the business's operating income is -$3.9 million. This leaves management in a difficult situation. They must attempt to raise capital; there are a few ways in which a business can raise cash. Without going into too much detail, you can issue debt or equity. Given the struggle of DPW, debt doesn't seem to be a current option. Thus the company elects to raise capital by selling ownership to investors. When the company does this, they issue new shares; this increases the supply. If you have never taken an economics course when supply increases, demand must also increase in order for the price to stay the same. Considering the desperate need for cash so the business can pay its upcoming bills, the company must try to create demand for shares in order to offset the incoming supply of stock. They seem to be doing this by issuing PRs which you must evaluate for yourself.
Note I only touched briefly on the current liabilities and accounts payable is only 1 line of many. The business has $26 million in current liabilities, which must be addressed. Given the current asset position and the performance of the business, It is important to evaluate the business for yourself and follow the moves the management team makes as your investment depends greatly on their ability to manage the situation successfully. Generally, in cases of this kind, shareholders are sacrificed in order to keep the business alive.
For a bonus check out DPW's additional paid-in capital and accumulated deficit. Perhaps even go back and research the companies past and some of the management team to ensure this is the right investment for you.
H&M - Short term. Hoping to break roofH&M will soon release their new collection of clothes, a collaboration with ''Menwithclass'' who has nearly 5 million instagram followers. This means a lot of marketing on social media for their webshop, and also a lot of more sales. I expect they'll break the trend-roof in the near future.
INVESTOR B Short term predictionThe 20 EMA is close to crossing the 50 EMA. Previous trends (yellow vertical lines) with the same crossing the stock fell beteen 5-10%. I think at the start of 2019-08-12, the cadles will test the floor of the lower trendline or pitchfork, worst case scenario will be it going down to Fibonacci 23,6%-line, before bouncing back up. It is still a positive trend on the long term, but it looks like a small drop on the short term prediction.
Further Bearish Momentum? - Daily Interval - XBIOHello Successful Investors,
The stock (XBIO) has endured quite a concerning amount of negative (bearish) PA within the last few weeks... what is even more worrisome is there might even be greater south-side movement.. be diligent and plan accordingly prior to entering this volatile stock.
Resistance Level 3 - (13.00 - 14.15) 1.15 cent interval
Resistance Level 2 - (10.30 - 11.45) 1.15 cent interval
Resistance Level 1 - (8.75 - 9.90) 1.15 cent interval
Key Price Zone (KPZ) - (7.00 - 8.30) 1.30 cent interval
Support Level 1 - (2.90 - 4.05) 1.15 cent interval
Furthermore, the current catalyst that derived such behavior is the "$15 million of under-written stock"
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
Black Hole-#SPX Just Starting VideoHello Sentiment Timing Traders,
We saw a big drop Friday, but so far the downside has not gone viral-YET! We are in the beginning stages of the move down and once we start seeing 0% sentiment readings from the Dorsey Sentiment Charts, then we can start looking for where a low may hit. That is the beauty of having Time, Sentiment and Technicals as our guidance, it will let us know when to start covering shorts, as the majority piles on the short side.
I go over in today video below, what pivots both bulls/bears have to work through in the coming days. G
Ultimate LONG 2019-2021
I see no recession coming.
Get over with Trade wars, it is no longer irrelevant. It is only the headlines that make you drop your stocks so BlackRock and Vanguard can accumulate more.
I see a lot of fear. we don't fall on fear. we fall on greed and too much confidence.
Getting some entry around here and in one months. Try not to pick stocks, use ETFs to diversify, but first read the holdings structure and commisions.
If you like to pick stocks, watch the ones who are:
1. looking strong on drawdowns
2. gaining more on market growth.
3. have great guidance and nice forward P/E vs current.
4. don't play earnings. just hold, otherwise you'll end up messing up
5. try to diversify, but do it truly. don't buy all tech, or all semiconductors, or all biotech or all banks. if you buy QQQ, you buy a lot of Apple, FB etc. so, no need to add more of it.
p.s. please see the previous related ideas, to see how it ends up