GBPUSD Break-Out SetupPrice is currently @ a supply zone but there is no sign of reversal and PB indicates strong buys.
PB
GS has great upside with PB 1.08I believe that $GS is a great opportunity to buy at this levels, their PB ratio is 1.08 which is one of the best ratios compared to other American banks at this point. They are one if not the largest investment banks in the world and they are also paying a 2.58% dividend yield. Combine that with the rising rates that will give even better margins and I truly believe its a great long term buy from this levels. I am thinking of opening a substantial position at this point and looking forward to hear your thoughts on that.
chfjpy PRICE ACTIONchf jpy
Please wait for the price PB to the specified range and then enter the position.
QQQ by the Numbers 4% PB dueQs have been better about channels than any other equity I've watched
There's an interesting periodicity of about 14 days (mid month and end of month), dips to bottom of channel.
The market seldom does exactly as predicted, and the specific day is usually the miss, but...this looks due.
.618Fib retrace of latest full EWave right to just below channel, enough to shake out bulls, scare the market and let the big boys take profits and buy in low again.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
TQQQ Pullback, 4 - 10 or 27% - Feb2 Confirm or Reject Wave 5Qs have about 4% to go to hit the 50 Day Moving Average, about 10% to hit the 200 Day, and 27% to hit the 2008-2020 Uptrend line.
Wave on 5 Day:
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Is AMZN/Amazon going to be Bullish?Chart is talking itself. Now, we have witnessed a breakout, if it isn't fake and comes along with a pullback, it would go long to its 0.618 Fib RET.
Is MSFT/Microsoft BULLISH?If the price break the last Cluster, it would be highly possible to witness a great bullish trend. It might be along with a Pullback to the last cluster.
