$AAPL with a neutral outlook following its Earnings #BeststocksThe PEAD projected a neutral outlook for $AAPL following a negative under reaction after its earnings release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Neutral
$LRCX with a neutral outlook following its earnings #BeststocksThe PEAD projected a neutral outlook following $LRCX positive over reaction placing the stock in Drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$TSLA with a neutral outlook following its earnings #BeststocksThe PEAD projected a neutral outlook for $TSLA after a negative under reaction following its earnings release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$UBS with a neutral outlook following its earnings #BeststocksThe PEAD projected a neutral outlook for $UBS following a negative under reaction after earnings release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$PII with a neutral outlook following its earnings #BeststocksThe PEAD projected a neutral outlook for $PII after a positive over reaction following its earnings release placing the stock in Drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$AMD with a neutral outlook following its earnings #BeststocksThe PEAD projected a neutral outlook for $AMD after a negative under reaction following its earning release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
BTC looking for confirmation. A Bull and Bear Case..Analysis: Utilized Daily indications all looking for confirmation. Remaining Neutral.
The next 24 Hours will be telling.
BTC is sitting at a rather neutral region as I covered in my recent stream, I am looking for price action to confirm a direction.
While I currently have a slightly bearish bias due to the negative directional index (-DI) holding slightly above the positive (+DI), there is a ADX/DI convergence nearing with no clear indication of direction.
To further this uncertainty, the RSI is pushing up against 50, indicating yet another neutral region looking for a breakout or rejection.
Lastly the MACD is looking to potentially cross the zero line, but still has room to reverse.
What does confirmation look like??
As indicated in Bull (Green) or Bear (Red) on the chart, I would want to see the following:
RSI
Bull: RSI breaks above 55 corresponding with a solid candle break above fib level 0.618
Bear: RSI breaks low, below 38.2 with a solid candle break below $30k
ADX
Bull: +DI crosses above -DI as well as ADX (White line)
Bear: -DI Stays on top and ticks upward and crosses ADX
MACD
Bull: MACD line (Blue) pulls up and crosses above signal (Orange). This "bullish cross" happening ON the zero line would be a very bullish signal.
Bear: MACD crosses below zero line into bearish region.
Price Action
Bull: Upon confirmation of the above indicators, I would anticipate a retest of $34800-$35000 at the top of the descending triangle
Bear: Upon confirmation of the above indicators, I would anticipate a test of 100% retracement region at $28375
As more data comes in, I will update this chart as well as utilize it during my BTC streams.
$SBUX with a neutral outlook following its earning release The PEAD projected a Neutral outlook for $SBUX after a negative under reaction following its earning release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$TXN with a neutral outlook following earnings releaseThe PEAD projected a neutral outlook for $TXN after a negative under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$CSX with a neutral outlook after its earning release The PEAD projected a neutral outlook for $CSX after a negative under reaction following its earning release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Ethereum is still healthy if we remain within this channel!Ethereum has been really nice to trade these past months, a continuous practice of buying low and selling high has been a large part of my success in the market.
It is to be expected that we bounce between the .618 and .382 Fibonacci levels until volume returns. If we were to break down below I would expect us to revisit the .236 Fibonacci level; therefore I am currently neutral as far as positions are concerned.
I have drawn a channel shown by the upper and lower green trendlines which we have maintained.
The regression trend marks when I was sure the trend would continue bullish into four figures.
Bitcoin Q1 2021Here I do a dubious extrapolation to predict a theoretical price for Bitcoin in the coming weeks. BTC is due for a health retracement, but we are just at the start of the bull market. So, how much momentum do we have? Here I predict we could see a drop to the 21 week EMA, around $24-28K, within the next week or two.
Here are my Limit Buy Orders:
Buy BTC @ $30,200 with 10% of my USDT
Buy BTC @ $28,500 with 20% of my USDT
Buy BTC @ $26,200 with 30% of my USDT
Buy BTC @ $23,500 with 40% of my USDT
$INTC with a neutral outlook following its earning releaseThe PEAD projected a neutral outlook for $INTC following a positive over reaction following its earnings release placing the stock in Drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$ISRG with a neutral outlook following its earning releaseThe PEAD projected a neutral outlook for $ISRG after a negative under reaction following its earning release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$PG projected with a neutral outlook following earnings The PEAD projected a neutral outlook for $PG after a negative under reaction following its earning release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$SCHW with a neutral outlook following its earnings releaseThe PEAD projected a neutral outlook for $SCHW after a positive over reaction following its earning release placing the stock in Drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$HDB with a neutral outlook following earning releaseThe PEAD projected a neutral outlook for $HDB after a negative under reaction following its earning release placing the stock in Drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Dax - Still NeutralThe Dax has rebounded significantly over the past few trading sessions as it edges back up toward all time highs despite weaker EU and US data. This has been due to the impact of stimulus though a pullback could be imminent whilst the index is below the 14,000 psychological level in particular with the EUR strengthening as the Dax is an export driven index.
$C with a Neutral outlook following earning releaseThe PEAD projected a neutral outlook for $C after a Negative under reaction following its earning release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$PNV with a neutral outlook following earning releaseThe PEAD projected a neutral outlook for $PNV following a negative under reaction after its earning release placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.