Neutral
Bitcoin dominance resistanceHello!
Few noticements here.
We can see from the top chart that BTC Dominance has hit 3 times to this trendline before (yellow) and got rejected and also hit 3 times to this 200ema (red) where the BTC'D has turned around. There is some resistance.
This doesn't straight mean that BTC is going to drop because BTC Dominance is compared to money on alts but it is an possibility that money is going to flow more on alts or away from BTC.
There is some correlations like we can see from 25 of march 2019 and now 28 of september 2020.
Also BTC has risen 93% in 1,5 months (not the first time) from octobers start and is really close to all time highs. I think there is alot of resistance from here to 20k but we'll see what happens.
I don't remember who said it but "markets tend to trend longer than is sustainable" (FOMO, Creed, Trend traders..)
For long term I'm bullish.
If you do trade. Long or short always use stop loss and small enough positions! (use hard stop loss)
1st mistake beginner traders do is taking too big risks.
-Jebu
$SHG with a neutral outlook after a Negative over reaction $SHG PEAD projected a neutral outlook for the stock after a Negative over reaction following the earnings release placing the stock in Drift C
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$SE with a neutral outlook following its earning releasePEAD is projecting a neutral outlook for $SE after a positive over reaction following its earning release placing the stock in Drift B
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$TSN with a neutral outlook after earnings$TSN posted its earnings with a positive over reaction following its release with the PEAD projecting a neutral outlook placing the stock in Drift B
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$ACM with a neutral outlook following its earning$ACM posted its earnings with a positive over reaction following its release with the PEAD projecting a neutral outlook placing the stock Drift B
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$SMFG with a neutral projection following earning release$SMFG posted its earnings with a positive under reaction following its release with the PEAD projecting a neutral outlook placing the stock in Drift A
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$SBS projected to have a neutral outlook$SBS earnings reaction was a Negative over reaction with the PEAD projecting a neutral outlook for the stock placing it in Drift C
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$AAP with a neutral outlook projected$AAP is projected to have a neutral outlook after a Negative over reaction following its earnings as per the PEAD projection with the latter placing it in Drift C
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analysis EUhello traders, there was hardly any set up lately in the EU however, there was a big buy, but some of us missed the opportunity. So therefore, I have multiple bias of ideas for you guys to see and look at. Highly recommended for you guys to wait at least 2 hours for the candle to close to make your decision. You can see it was making HH and HL. During this time I do not see any of the candle making LH yet. waiting time. Once it broke structure then you would look for sell opportunities , if not look for buys opportunities. thank you for reading!
$DIS with a neutral outlook after earnings After a positive over reaction following $DIS earnings The PEAD projected a neutral outlook with the stock being placed in Drift B.
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$AMAT with a projected neutral outlook after earningsWith a Positive under reaction following its earnings, $AMAT it projected to have a neutral outlook with the PEAD placing the stock in Drift A.
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$TU with a neutral outlook projected after earnings $TU with a positive under reaction following its earning projected with a neutral outlook with PEAD placing the stock in Drift A.
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$ENB With a neutral outlook after being place in Drift A$ENB posted earnings with a neutral outlook projected after a positive under reaction following its earnings with the PEAD placing the stock in Drift A. currently price is trading on the lower boundary of the projected PEAD cone.
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$DHI with a neutral outlook after earnings release$DHI is projected with a neutral outlook after a positive under reaction following its earning release with PEAD placing the stock in Drift A with the price currently trading above the median line close to the upper boundary of the projected PEAD cone.
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$FICO With a neutral following its earnings$FICO posted its earning with a negative under reaction following its release placing the stock in Drift D as price is currently trading on the lower boundary of the projected PEAD Cone.
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$ALLK With a bullish outlook after Earning$ALLK is projected with a bullish outlook after a positive over reaction following its earning with price currently trading above the Upper boundary of the projected PEAD cone.
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$RETA with a Neutral outlook after earnings release.$RETA posted earnings with the PEAD projecting a Neutral outlook after positive under reaction following the release with price is currently trading above the upper boundary of the Projected PEAD Cone.
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$BIP earnings released with a Neutral outlook projected$BIP with an positive under reaction following its earning, the PEAD projecting a neutral outlook for the Stock with price trading on the upper boundary of the projected PEAD cone.
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$CAE with a neutral outlook projection after earnings $CAE is projecting with a neutral outlook after a Positive under reaction following the earnings release with price trading around the median line.
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AUDUSD - Neutral We still hold a neutral view on AUDUSD as after the surge in the currency pair following the US election prices have stabilized over the past few days. Therefore we will await further price action with a target of support at 0.71 before taking a directional view as we await the US inflation data release later today.
$APPF with a neutral outlook after earnings $AFFP is projected with a neutral outlook after a Negative over reaction following its earning release placing the stock in Drift C
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$DISH with a neutral outlook after earnings release$DISH is projected to have a neutral outlook after a Positive over reaction following its earning release with the PEAD placing the stock in Drift B.
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