Opportunity
The Outcome Investors Weren't Looking For in Twitter (TL;DR)As of recent, there have been some major events occurring within the organisation ( NYSE:TWTR ). I'm sure many readers are aware of the fact that Jack Dorsey ( Former CEO) stepped down from his roll on the 29th of November. Forecasters from all over, including analysts from CitiGroup ( NYSE:C ) believed that when Mr. Dorsey stepped down, the price of Twitter would consequently increase (some predicted as far as a 15% increase). The reason for this was that, Dorsey was also managing another corporation by the name of Square ( NYSE:SQ ). As any investor, seasoned or amateur would know, you want your management to pay sufficient attention to the company you want to become a shareholder in. Unfortunately for Twitter and their shareholders, the recent events have been completely on the contrary to analysts' predictions.
So one factor that caused a price drop through this year of 12% was the Biden Administration's winning of the election and Trump being (in some eyes, 'unjustifiably') banned from Twitter. Due to there no longer being any politically related 'excitement' on the platform. Conveniently, Twitter (possibly in an attempt to rescue stock prices) had Dorsey step down but this just caused a separate price drop of around 9% making the situation look very dire. The absolute polar opposite to what analysts had predicted.
Despite the investment community's pessimistic outlook on the company and management as of right now (due to the lack of data to prove management is capable) some of the more intelligent investors have taken an entirely different approach to the situation. This considerable price drop could make the company a very, very attractive purchase. Many have purchased the stock as part of one of the 'thinner' margins of safety in their portfolio and would be willing to take the beating if the price falls further simply because they have it within a very diversified segment of their portfolio. Once again following the primitive, yet proven method of minimising losses and maximising profits through having more likely to be profitable stocks than riskier stocks.
As always opinions, news and facts are always welcome, comment away!
TL;DR: Jack Dorsey stepped down and a consequent price drop followed added with reduced user numbers after the Trump Administration. This could be a purchase now with a 'thinner' margin of safety in comparison to ordinary investments but could have great potential for profit as the price has become rather attractive. Just diversify!
AUDJPY SECOND CHANCE NOT TO BE MISSED Please see our analysis off Aud/Jpy above.
This pair has been making some nice movements over the past few weeks and we are looking to further capitalize on this move as they are more clear opportunities to get in on this trade and second and third time.
a) You can look for an initial bounce off our support zone back into the dynamic support. Upon seeing this dynamic support respecting for a 4th time and a clear rejection you can look to enter into this move.
b) We can wait for a nice aggressive move through our support zone and dependent on how aggressive the move is there may be another opportunity to get in. If this move has enough momentum we might sail through this zone and not even look back at a retest and correction into the support turned resistance and you may feel it appropriate to get in if there is good enough momentum. However I always wait for a retest and rejection and if this is not seen it is an opportunity you can choose to sit out and watch it play out.
Whats your thoughts on this pair and my break down? Let me know in the comments below, any and all feedback is always appreciated.
The Fx Chartist
MATIC out of the Fibbo/Circle Target zone ! Seems the oprice cant go up fast because there is a lot of liquidation going on, now its going outside the main Fibo Cirle zone this is a grat opportunity to get in !
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***Polygon Future Price Predictions***
CoinQuora has a 2022 price target of $7.50 and a 2025 price target of $35. The 2022 price target represents an upside of 259%, while the 2025 target represents an upside of over 1,500%. CoinQuora cites Polygon’s exciting new developments and partnerships as well as technical analysis as reasoning for its price targets.
GovCapital has a 2026 price target of $10.92. This target represents an upside of more than 420%. The price target is based on a “custom algorithm” based on deep learning. The algorithm takes several factors into consideration, such as volume, market cycles and the performance of other coins.
WalletInvestor has a 2026 price target of $10.66. This price target represents an upside of 410%. The target is based on their artificial intelligence (AI) model and technical analysis.
Finally,
Digitalcoin has a 2028 price target of $9.33. This target represents an upside of 346%. Digitalcoin developed their Polygon price prediction based on historical data and a proprietary algorithm.
GOLD - Triangle of DOOM Hello from Genesis Go!
Here we can see the larger time frame triangle Gold is currently trading in. We are going to be searching for long positions to re-test the previous resistance trend line. As you can see on this support trend line there have been many fake-outs to the downside to supply areas with a strong demand at those levels. Keep an eye on both support areas that have previously been tested and immediately bought back.
As we squeeze towards the end of this triangle we can expect a huge move.
BITCOIN - Big Opportunity is here!Hello, Genesis Go here!
The Bitcoin price has had a correction from the all-time high but is still in a bullish trajectory. We recently bounced off of our support #1 area and the price is looking to make another push higher. If we break the above the resistance trend dashed line then we will aim towards the recent all-time high and beyond completing a third wave higher.
USD/CHF BUY IDEAHey tradomaniacs,
welcome to another free trading-setup!
USD/CHF:Daytrade-Preparation
Market-Buy: 0.91880
Stop-Loss: 0.91675
Point of Risk-Reduction: 0.92115
Take-Profit: 0.92710
Stop-Loss: 20 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
SPX500 BUY IDEAHey tradomaniacs,
welcome to another free trading-setup!
SPX500:Daytrade-Preparation
Market-Buy: 4598.00
Stop-Loss: 4580.50
Point of Risk-Reduction: 4619.00
Take-Profit: 4673.00
Stop-Loss: 18,5 points (185 pips)
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
GBPCAD - 29th November, Possible Next MoveMeanwhile, we had a re-pricing of some imbalances today on GBPCAD.
Currently, we are looking for buying opportunities to reach the gap formed today at the end of the day.
The market will probably stop all buyers (the majority) before reaching the GAP so it's better to play safe and go long in the imbalance area below the gap when the confirmations we need are fulfilled.
Regards,
Team PRFX :)
EUR/USD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup!
EUR/USD:Daytrade-Preparation
Market-Sell: 1.12900
Stop-Loss: 1.13075
Point of Risk-Reduction: 1.12700
Take-Profit: 1.12060
Stop-Loss: 17 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
DKNG - Bullish Flag SetupDKNG - is another company that i reviewed a while back on my youtube channel and after digging in the business model made me even more bullish on them, however they had a little bit of a side step when it came to earnings but what W/S didn't consider is that the promos DKNG ran when going into the new added states was the amount of promotional money DKNG put up for that when considering the numbers showed as it losing ground there also MAU Deposits when down due to them getting free money to sign up and after them having to fund money did not end up meeting the mark in either case it was an over reaction and the price has struggled HOWEVER as we can see this is a bullish flag setup which have a tendency to break to the top side i know those things are guaranteed but it still makes for a good play to throw in your watch list and if starts to make a push to the top side throw some money into some calls to take advanctage of those gains, in addittion to this Cathie Wood and her ARK fund has not stopped adding to their very large position with dkng
EUR/USD Big Trading Opportunity!Hello friends big trade opportunity here,
EUR/USD has been falling for a while breaking support and trend lines while the US dollar continues higher in a parabolic fashion. Currently, the RSI on the US dollar is overbought on the daily/weekly and the Euro is oversold on the daily/weekly.
EUR/USD also is forming a falling wedge near a weekly support zone. A strong bullish candle break can indicator a push towards our weekly resistance trend line creating a big trading opportunity you do not want to miss!
ETH possible breakdown to 3kI'm not saying is going to happen, calm down, but it's truly a possible scenario.
I'm VERY bullish on Ethereum and still believe is going to reach 10k by the end of this bull run, maybe next year.
Now with everything correcting BTC will likely hit 53k and ETH will follow the downtrend.
I will use this chance to start buying more on 4k, then 3.8k, 3.3k 3k and (I don't think is going to happen) 2.8k.
Great opportunities coming, Black Friday sales?
HODL
NFA
ETSY - upgradeETSY has been a monster since the famous COVID DIP i like to call it as you can see from the chart it has respected this channel very well with some false breaks to the stop side of the channel but with the most recent upgrade it will be interesting to see if it chooses to find a new trend or if it will just keep the good times rolling in the current channel either way ETSY is a buy and hold or LONG CALL OPTION go to for some awesome profits
USD/CHF BUY IDEAHey tradomaniacs,
welcome to another free trading-setup!
USD/CHF:Daytrade-Preparation
Market-Buy: 0.92700
Stop-Loss: 0.92580
Point of Risk-Reduction: 0.92865
Take-Profit: 0.93240
Stop-Loss: 13,5 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
NZD/USD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup!
NZD/USD:Daytrade-Preparation
Market-Sell: 0.70440
Stop-Loss: 0.70605
Point of Risk-Reduction: 0.70300
Take-Profit: 0.69860
Stop-Loss: 15 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
time to set up your orders BTCUSDTProbably good zone if (yes, IF) price go down is 52-55k zone.
Now we have resistance at 38.2 where are bears opened shorts and this also is triangle midline (resistance now) this 2 things means price received a rejection and still we are in downtrend. Probably this will means nothing with huge news (we have taproot, covid, printing money like brrr and others). But still im bearish but i will look into with different side when price break middle line upward and then confirm this line as support.
Generally, price drop to 52-55 zone will be also good, this is main trend line and if this line will hold probably this will be HL for BTC and new brun will start.
Thanks for your attention! Stay tuned.