IT
AMD There is still hope, but...NASDAQ:AMD stuck between the long time trendline and recently formed resistance at 42.50.
Today, the market closed at 42.30, but the price bounced multiple times during this week from mentioned above resistance, so let's see what is going to happen when the market will open tomorrow.
The trendline corresponding with a high VPVR's volume node and this is the most massive support that we saw during the last years.
You probably think "Than why short?". Well, you know yourself the situation in the world right now, and bad news was ruining any TA traders had before this recent, massive sell-off.
IMO, the price will stay in the red triangle, bouncing between the trendline and resistance until not being pushed to the low volume node choosing the path of least resistance, or, breaking the trendline and landing at the next support level between 31.50 and 29. That level shows the highest volume nodes (two in a row) on a weekly chart and likely will be impossible to break. Under worst circumstances, if the crisis will be long and support at 29-31.50 broken, the next level is around $24 and this is where I'll buy like there is no tomorrow if it will be given.
Bottom line: Don't short it with a market order just yet, but place a STOP-LOSS under the trend line and wait. New coming every day, and you don't want to wake up in ugly loss.
Buying VET Like a motherfucker....here it is the best ratio u can find for any fucking trade 3 vs 60 sat trade
The daily divergence just might playout but in the really long term...
if we close lower than the previus low im out.
it might be crazy to think that i draw a line at 130 but as far as i see it everything else is tested and if enough volume kicks (as far as i see it it already did) we should be on the first line in notime!
XRP Long - Final UpmoveHi guys,
I've been playing around with some ideas for XRP, and I think this is the most likely scenarios for it. It's looking like it is about to begin (probably already has started) the final wave in a bearish bowtie diametric. The internal polywave counts appear to be all corrective in nature (ABC, ABCDE, ABCDEFG) which to me suggests that we probably aren't looking at an impulsive series for it, and instead it is a giant diametric.
That being said, three potential targets exist for Wave-G and they are related to Wave-A by either 61.8%, 100% or 161.8%.
That gives us the following targets:
-61.8% - $2.25
-100% - $10
-161.8% - $100
Now, due to the insane market cap that would be required for price to hit $100 on XRP, I'm going to throw that one out as highly, highly unlikely. I'm currently favouring the 100% option at $10, but $2.25 is reasonable also, I suppose.
There's some pretty decent bullish divergence coming out pretty clearly on my modified AO indicator (pink/purple line), so I'd say we're probably pretty near ready to get moving on XRP, if we haven't started yet (pretty sure we have, though). I've used a few trendlines/channeling to try to get a rough idea of where we might see the ABC form on Wave-G, but those are only guesses.
Once Wave-G concludes, expect a very significant downwards move on XRP, it'll go back to the stone age.
Not trading advice.
BTC BEARISH PREPARE BERAS in control right now. Tapped the top supply zone and ready to dump and liquidation.exe bulas.
Be ready
KNIFE CUT = "The cycle should restart, usually start with a dump" cit. "lord Bera"
SB = "The red line is here, ready to melt faces" cit. "Lord Bera"
Do you contertrade me? you get liquidated
SVMK INC - NASDAQ: $SVMK Working On Its Right SideAfter coming public in September 2018, SVMK INC - NASDAQ:SVMK found the footing a bit shaky initially and struggled out of the gate until we witnessed a turn of the tide this past March, where the stock started to regain its balance and has since began the process of basing and working on its right side as evidenced in the Daily chart above.
Additionally, we can also observe that SVMK now finds itself trading above all of its important moving averages 20/50/200 DMA's, which bodes well from a technical standpoint.
While further work remains, both investors/traders may want to continue to monitor the action in SVMK in the days/weeks ahead.
In particular, should SVMK be capable of going topside of the $18.50 figure, such development, should it materialize, would likely suggest that its basing process is complete and likely trigger its next advance into higher ground.
Thus, both investors/traders may want to put SVMK front-and-center on their radars for further monitoring anticipating a potential resolution of its current basing pattern.
XRP buys on tested support (Long to $1)I'm not putting up any fibs because every other TA has one, draw your own patterns and follow it will work. I like to stick with RSI, Bands, Volume as well as market sentiment. Which has worked for, Im not a day trader but like to position trade xrp when the signs are obvious. Right now the RSI on the 4 hour is completely over sold (bullish), and we are holding support nicely at .324. Next level of support is .287, and if that breaks as you can see on the chart is a .253.
My white arrows are where I posted and bought in the past, the circle region on the charts is where I plan to buy again. If you followed my buys from last time you did well. I am suggesting to buy again here while on tested support level, but would not leverage 100% as we can easily break to .287. I do see a flash crash to .287 before we bounce back to .324. I am buying anywhere in the green circled region, as .287 has been a long tested support.
Bullish : Its simple if we hold above .287 and shoot up to over .356 right away, we could be for a ride. We are prepared to rise over 300% to about $1.00 usd. We have been over sold on the daily and 4 hour charts, with the RSI continuing to slide downward. What is a bearish sign
Realistically: I see xrp shooting to 1$ but not unless it does so within next 30 days, or we will see slow side ways at .287 - .384 range.
Bearish : If we break .287 and do not bounce back above and close. Any close under .287 will bring the price towards .253 and im afraid it could even go down from there.
So if you are trading set a stop loss.
If you are investing for long term , like me wait for these key levels to reflect market price and buy the fucking dip!
Im sure im forgetting to say something, thanks for reading tho!
This is not financial advise, only my suggestions.
$PHUN On Breakout Alert, Breaks Key Resistance with Bull Pennant$PHUN Awarded huge mobile app patent. Went from $10 to $500 back to $5 in 6 months and never had a R/S, reason for the massive spike is because most of the O/S is restricted and very little shares are actually freely tradable. So those prices are accurate which means it’s very possible to do at the least $15-$30 in a week or two. Sounds pumpy but I like the odds here. Float is around 3 mil or so also. Phunware granted US patent number 10,254,378 titled "Mobile device localization based on relative received signal strength indicators"
finance.yahoo.com
04/15/19
Phunware Enters Agreement with Endpoint IP to Monetize Mobile Patent Portfolio
Today Phunware, Inc. (NASDAQ: PHUN), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced a commercial agreement with Endpoint IP, an agency combining intellectual property transaction and law firm expertise with capital investment to monetize intellectual property for brands.
The agreement, which was formally executed on April 2, establishes Endpoint IP as a global agency partner of note to license Phunware’s portfolio of mobile technology patents to new companies, distribution partners and third parties for use in their products and solutions. It will also provide advisory services to the company around intellectual property licensing and enforcement as part of the ongoing engagement.
“We’re thrilled to work with Endpoint IP to bring Phunware’s mobile innovations and technologies to a broader worldwide audience via new partnerships and revenue streams,” said EVP of Corporate Development Tushar Patel. “Endpoint is recognized as a leader in intellectual property management, with extensive experience and global connections that will benefit our patent portfolio and we expect will be lucrative among forward-thinking brands focused on mobile.”
Phunware’s portfolio of intellectual property currently includes 16 U.S. issued patents and 6 pending patent applications, with its most recent award announced last week under U.S. Patent No. 10,254,378, entitled “Mobile Device Localization Based on Relative Received Signal Strength Indicators.”
“Phunware brings an impressive portfolio of innovative software and technologies, as well as a decade-long history of future-focused mobile application development ethos to the highly competitive mobile landscape,” said Endpoint IP Founder and CEO Jonathan Szarzynski. “We look forward to telling their story and connecting their patents to partners of similar commitment to innovation across industries.”
New COO Interview on Phunware & PhunCoin
www.phunware.com
S&P500 IT BubbleTaking a look at the IT sector of the S&P 500, we can see a some-what bubble formation.
If you look back at the DotCom Bubble you will notice the same has developed ( High, High Low, High High) before tumbling down. Same as the Bitcoin Bubble. Now, going back to this chart it has currently formed that High, High Low and High High pattern exactly the same as the Dotcom and bitcoin bubbles did which leads me to believe, the IT industry crash is imminent.
As tech gets more reliable, there are more and more people who need to buy less of it as their current technological device is reliable enough. Slowing the growth of the market before eventually dropping off.
Any comments or criticism is welcome.