NAHO (Naeem, Egypt) is seen on a long-term uptrendWeekly chart,
The stock (in USD) has a long term uptrend opportunity - targeting 0.200 and 0.220, provided that the price stabilizes above 0.165 for 2 weeks.
MACD indicator is supporting this positive view.
Note: For the next week, consider the stop loss (SL) level below 0.148 for 2 weeks. Then, raise the SL level as the price goes up.
Note: Heikin Ashi chart is used to give a better trend indicator.
Long-term-setup
Creating MillionairesWell, some would call me crazy. But that's my long term view:
TQQQ made 200x since inception in February 2010 until his top in November 2021.
Now, in my opinion, we are in the middle of a Bear Market.
My expectation is that this Bear Market will last till December 22 until June 23.
After that the next Bull market should start.
My expectation for the Nasdaq 100 is to trade around 47.500 Points after this 10 Year Bull Market, which would take the TQQQ to around 1000.
This would equal a 100x from the Bear Market lows, which I expect around 10.
Of course no one can predict the future but I would also be happy with just 50x in 10 Years :D
And I really think that this is a possible scenario.
So here is my plan:
in December 2022 i will start investing all of my money into TQQQ.
For the next 5 years i will put everything into TQQQ too.
AND finally in 2034 I'm hopefully a multimillionaire.
See you guys in 2034 :D
(not a financial advise)
KnowBe4 is told to retrace 50%!Market is finishing flag pattern we are waiting for a retracement back to 50% fib zone at least.
Aroon: It already shows on a daily timeframe a loss of bearish momentum because it's bouncing off of a support, that's shows reverse to a bullish direction
MACD: Shows gain in a bullish momentum, it is slower to catch up so we can already entry.
Bollinger band: we already jumped off of a bottom of Bollinger band and retraced we should see rise in price.
Fundamental analysis: According to Goldman Sachs KnowBe4 is one of the beaten down stocks that may retrace 50% other two stocks already shown gain unlike this one, so we have a potential rise in price.
Also Essex gives gives this stock a buy rating and 32$ price target until the next year.
Invalidation: 16.46
Entry: 19
Target: 23.90
EUR/AUD LONG ABOUT SITUATION:
* We see that the market goes with a bullish trend. +
* Previuos monthly candle shows strong buyers. +
* Weekly candle shows a correction. + And now market at 50.0 Fibonacci level. +
* 2021 08 19 Daily candle is very strong and if market will not close this candle it will be a good news for buy idea.
We can wait for the appearance of buyers and buy where is the yellow line draw.
plug power 8/5 before fridayWatch this one tomorrow, could be an expanding pattern/diagonal which usually precedes an ABC correction up, then maybe further downside. This would invalidate the 12345 and turn it into a more complex correction
I am long and bullish on this stock in general - but pure price action in the general market will probably dictate whether this goes up or down. If it breaks 28.40 we will go up
Also could be in the purple C still, which could end right at the previous low in the picture
noticed in the post-market that it definitely should hit 28$ tomorrow with an impulse
And from my previous idea, perhaps #1 was closest, tagged below
Good time to enter the marketIf at the beginning of the month the community of investors in crypto-currencies received a message from the authorities of some states about intentions to tightly regulate the scope of the crypto-currency, then towards the end of the month the events began to unfold more positively.
- The recent meeting in the US Senate on crypto-currencies gave investors a reason to view the further development of events in a positive way, as it was more in the form of discussion of the issues on the crypto-currency market in general and what risks there are in investing.
-At the roundtable with representatives of the EU authorities and shareholders of private companies, the vice-president of the EU Commission Valdis Dombrovskis told the press about serious prospects for financial markets and the need not to impede the development of technology blockades.
- The Swiss Financial Markets Regulator (FINMA) published recommendations for ICO in which they disclosed the plans for applying legislation to tokens and how the organizers of ICO can receive feedback from the regulator.
- The new head of the Central Bank of Taiwan, Young Chin-Long, made a statement that the Central Bank will carefully study the possibilities of blocking technologies to improve the existing infrastructure.
All these events increase the likelihood that the meeting of the G20 on the topic of crypto-currency can take place in a positive manner for the crypto-currency market and at the meeting, there will be discussed more opportunities for the development of the sphere as a whole than options and tools for its prohibition and restrictions.
The main coin of the market is cryptocurrency and concurrently the index on which it is customary to determine the mood of bidders - bitcoin, is trading above a strong psychological level of 10,000.00 which recently stopped the price from falling and became a strong price support level. This formation is considered by us as a serious reason to predict positive moods in the market and expect that the downward trend will be broken in the near future. It is worth noting that the markets are cyclical and if you analyze the results of trades on bitcoin over the past three years, then there is a certain pattern that can tell investors time to enter the market.
In 2015, bitcoin after a decline from the beginning of the year in February (from 322.3 to 182.0) formed a strong support level at 215.00 which during the year was repeatedly tested at the price, but was not passed. As a result, for the year, bitcoin closed at 429.00 with an increase from the designated level of 99.5%.
In 2016, bitcoin repeated the scenario and also after correction at the beginning of the year (from 458.8 to 359.2), the price was found at the beginning of February already at $ 370. During the year, bitcoin from this level increased by 169% to 996, 6.
In 2017, the same situation: bitcoin from the beginning of the year is markedly adjusted (from 1139.6 to 779.5) and further on the results of trades for February new support is formed on a strong psychological level of 1000.00 and the year is closed by the growth of 1276.9% at the level 13769.0.
Despite the rapid price jumps, now we can observe a similar formation. Bitcoin started the year with a decline (from 13769.0 to 6000.0), after having played a part of this drop and now trades above 10,000.0. This corrective growth continued just up to the upper boundary of the downward channel in which the price moved since December of last year. As a result, on the one hand, the price has support from the lower boundary of the long-term trend and support for a strong psychological level, with a pattern that has not been repeated once. On the other hand, the price tests the upper limit of the downlink.
In sum, these facts give a high probability that the downward trend may be over, and the statements of high-ranking officials of states to promote the development of blockchain will signal the bidders to invest in promising and promising
Opportunity for a buy on GBP/USD (Long Term)It had been bearish for more then a week and I witnessed a short term resistance trend line ( Orange ) forming since yesterday and if it breaks through that expect a rally on the upside and maybe hit last weeks high in the long term .
Text in green is my take profit area.