COFORGE - Short term Bearish trendCOFORGE - Short-term Bearish trend
1. It cuts the secondary trend support and the primary trend resistance as well.
2. next support will be in 1890.
3. Buy once it touches 1890, hopes the market trend reversal at the same time.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
Research
NASDAQ 100The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors:
www.nber.org
On Persistence in Mutual Fund Performance:
onlinelibrary.wiley.com
Multifactor Explanations of Asset Pricing Anomalies:
onlinelibrary.wiley.com
A Comprehensive Look at The Empirical Performance of Equity Premium Prediction:
deliverypdf.ssrn.com
Can Mutual Fund “Stars” Really Pick Stocks? New Evidence from a Bootstrap Analysis:
rady.ucsd.edu
Consumption, Aggregate Wealth, and Expected Stock Returns:
www.newyorkfed.org
Do the Fama-French Factors Proxy for Innovations in Predictive Variables?:
efmaefm.org
Further readings:
The Econometrics of Financial Markets
by John Y. Campbell, Andrew W. Lo, A.Craig MacKinlay
Quantitative Financial Economics: Stocks, Bonds and Foreign Exchange, 2nd Edition
by Keith Cuthbertson, Dirk Nitzsche
SBEV Walmart distribution deal, and make sure to read the restSBEV is pretty crazy, they just got a distribution deal with Walmart and Ralph's 187 Grocery Stores . The ceo keeps locking in deals week after week. His name is Robert Nistico, he was a former VP at Redbull, the 5th employee that led the start-up from zero sales to $1.45 billion. Keep in mind this guy is well connected in the beverage industry. He's even branding his companies with celebrities and athletes and growing sales for all of the brands owned by Splash Beverage Group, which is a lot of them, I listed them below, the links are the brands SBEV owns.
Keep in mind current market cap is so low that the company is an acquisition target. They could very well get acquired soon. If SBEV doesn't get acquired, at this pace, they will continue to grow, locking in deals, and possibly acquire additional brands to take the company to the next level.
Brands owned by Splash Beverage Group (SBEV)
tapoutdrinks.com
www.drinksalttequila.com
www.copadivino.com
www.pulpo-loco.com
So where does SBEV go from here? In my honest opinion $15-$20 per share but if the shorts get piled up at $10-15 then SBEV could possibly reach $40 to $50 per share from a short squeeze. Similar to what happened with AMC and GME
AMC Entertainment (NYSE:AMC), and GameStop (NYSE:GME)
Please share my research with others if you found it useful, thank you so much.
ETHUSD - Longer term view! 🐂 🐻We in consolidation for now:
Lows: $4000 areas
Highs: $4800 areas
A break to either direction, a pull back and then continuation to show the direction of trade short term of the formation draw. Either way, longer term I am bullish ETH and any pull backs regarding price, I will be buying in further.
Long term view: A break above, pattern: Cup & handle formation including the shorter term formation, we could easily reach to $5500-$6000 areas. Larger institutional firms are predicting it to go towards $15k-$20k. However, price doesn't always go in a straight line.
Institutional wise ETF & Options etc & the adoption of ETH has more of a use case is far greater than BTC. Allowing the Alt-coins in yr 22 to prosper further.
Disclaimer: NOT FINANCIAL ADVICE.
Ride The Wave Ride the wave, and cash out before earnings.
Technicals mean nothing for the Tesla Machine as investors want to buy in before earnings.
Does this indicate we are guaranteed an EPS beat and stellar conference call? What about future outlook?
I need your help on this one! Comment your thoughts on Tesla and research backed support is a must!
No Tesla fanboys allowed, I am looking for facts and I will be putting the research in myself and updating this publication daily and responding to comments daily.
Lets make this the ultimate hub for Tesla pre earnings
Happy trading to all!
ZVIA , Would love to hear your opinions on Zevia soda..First of all , Zevia is a stevia sweetened soda. A decent variety of flavors are available. Also is, naturally flavored, calorie free and some of the flavors , such as "cola" are caffeinated but most are not .
Now, a bit about my personal diet habits . I like to practice intermittent fasting , and a keto based diet, with a cheat weekend allowed every 3 weeks :) . I'm pretty active , but as I have gotten a bit older ( particularly noticing that after I turned 30 ) , I have developed an new amazing belly growing skillset lol !
To combat this, I have personally found that, for me, intermittent fasting is great and, if paired that with a ketogenic diet (so your body switches it's fuel source to fats) , your actually almost not hungry between meals .
I started drinking Zevia about a year ago . It really suits my diet style and the diet style is increasing in popularity .
Not to mention, I'm sure that in general it is a great alternative to be considered by many others instead of regular pop .
It's a pretty new product though and I'm curious if I am a minority here . Also , it's a new IPO and a bit difficult to see a current institution ownership % .
So I would love to hear some feedback on this .
I would love to hear some feedback .
Have you personally tired Zevia ?
Do you like the product ?
Have you recommended it to others ?
Have you made it a regular addition to your shopping list ?
Thanks in advance .
$TYLStrong support on the trendline & 200dMA(blue). 20dMA (green) crossing upwards through the 50dMA(red) which is medium term bullish signal. Our STOCH is hanging around in oversold territory currently & just recently has a nice hammer candle.
Some DD - Tyler Technologies just recently acquired ReadyStub, which makes scheduling software for school districts. ReadyStub works with approx. 1k school districts across the United States & TYL already has 2k school districts as clients.
Some would say TYL is significantly overvalued, but the long term return of this company I love. Its projected to grow 10.78% annually over the next five years. They have strong financial strength with a good cash to debt ratio and interest coverage. They are at 30.47 which is better than 75% of the companies in the software industry. $TYL has been profitable 10 times over the last 10 years. Over the past 12 months the company has had a revenue of $1.1 billion dollars. Its operating margin is 15.49% which ranks them better than 82% of the companies in software industry.
This is not financial advice, I am not a financial advisor. This is solely my opinion.
Equities and their relationship to CPI InflationBull markets tend to follow a drop in CPI, once the deflationary relationship ceases and goes back into inflationary mode.
As it takes additional "devalued currency" to acquire the consistent amount of the equity in relation to it.
In addition, with low rates, this creates opportunities to take on debt (with equity as well) such as a home, as the loan itself will be eroded away in terms of the dollars within the loans purchasing power. While the underlying asset will appreciate in comparison to the devalued/inflated dollars relative to it.
So may be time to buy that home you were considering!
Still think USO is a great way to invest in Oil?An Interactive Broker trader with a $77,000 account thought he would outsmart every institution and every big Oil trader, the result? A $9 million loss.
Well done.
IB normally doesn't take beginners, you need 2 years experience to trade FX with them (haven't checked futures so I don't know what the rule is for those), and the min account size is 10,000.
This day trader (go figure) thought he was smarter than every one, and he went all in, he bet the farm. This alone is stupid, but he went all in without doing his research!
Probably a "technical analyst". Weird, I thought magical esoteric TA told you everything you need to know, that everything was built in the chart and info not in the chart was useless noise. Didn't his magical TA tools tell him it would go negative? Well actually if he looked at the ATR / implied volatility he would have seen....
Even I, that has negative balance protection and guaranteed stops, went on the CME site to check announcements.
They don't exactly talk about negative prices nor clearly about limit up limit down, but here, with Oil massive volatility, they did confirm that yes indeed they were prepared for negative prices.
Thomas Peterffy (the hungarian market billionaire that is not George Soros) said 5 days wasn't enough for IB to update their platform and that's obviously true.
Now maybe they should have warned people with messages on the interface, e-mails, maybe set some hard limit to what their clients can do.
Maybe they should have had code ready at all time in case this happens. Maybe they share the fault, maybe not.
But anyway, being a customer friendly broker, they absorbed losses over 100 million.
Meanwhile I did my research, I shorted June contract and made money, and I'm fighting with my shady broker to withdraw some of my gains...
They have been condemned by the french regulators years ago for shady business practices go figure, but every retail broker has!
And the vast majority of their clients are retail. I'm waiting and waiting and waiting... I have resisted insulting them or calling the regulator for now.
The only other broker to give me a hard time was Kraken. They mention anti laundering laws and more, and I understand, but why be so unclear, and ask for documents 5 times rather than all at once, and why ask for the same documents several time, and why be so difficult, only when someone made money?
Short Bitcoin on Kraken which was clearly very pro bull, short Oil on *** which had a massive number of retail short sellers (they were on the June contract thought), and then it's an issue. Never had a single problem buying Bitcoin and sending it to a wallet, never a problem when losing money, extreme ease to deposit and start paying commissions, without any warning "getting it out will be very hard". "It's quick instant easy" ye sure, no it's not.
The fund running USO clearly said it was a tool for short term bets. It's not made for massive hoardes of dumb money to buy and hold.
They have spread over several months to be more nimble, ye looks like its working great!
I heard reverse splits were a good sign, that it was smart to invest in a stock after it made a reverse split.
Once again, retail that never in their lives made money consistently, thought they knew better than every one else, and that they would get rich quick.
Once again, I warned people with what little visibility I had.
Once again I was right and retail is getting wiped out.
Bagholders are going to argue, they are going to say "just wait", and any spike up will be their celebration and "told you so" "this is it".
Same old story. They'll keep arguing, they'll keep bagholding, they'll keep losing.
Dumb money at its finest: never understand when you lost. You can never tell them "told you so" because in their mind it's always just a matter of time.
When it gets delisted they'll have no choice but to understand they lost, and still then they'll go full lawsuit and dream of getting their money back.
How long for this? 5 years? 10 years? Apple Sapphire screen bagholders as I posted recently have gotten like 4% of their money back on average.
An average smart (average of the ones in the top) investor or speculator in 10 years will be up 15% compounded, so +300% (turn the total into 400%), and dumb bagholders that wanted to get rich quick "15% a year looool that's pathetic" will be spending their time in courts and dreaming of getting 4% back (turn the total into 4%).
Delusion at its finest. There is no free lunch...
If Oil was priced at $0.01 there was a very good reason for it.
Oil traders weren't just selling at this price because "emotions" "rsi very oversold".
It's so risible that some complete noobs that don't understand anything they are doing thought they are just so much smarter than the market, and that whales were just "being emotional" and selling a barrel of Oil at $5, $3, etc just because they were "scaaaaared".
Homer Simpson really thought "Aha! Whales are selling Oil at $1 a barrel but they are scared. I, Homer J Simpson, know something they don't! Oil is worth more. I am a visionary!"
It's like when Homer went hunting for a Turkey, he just put a nice plate down with rice and other food in, then shouted "Come on Turkey come join your friends" and pointed the gun towards the plate with a big smile on his face, fully convinced a Turkey would jump in his plate.
I thought the Simpsons were ridiculous and overly exagerated when I was a kid. How wrong I was.
My broker lets me set an order to short USO. Oh my, I sure know what I'm going to do! 2 possibilities actually.
The Difference Between Stupidity and Genius Is That Genius Has Its Limits.
Seeking a clue for breakout and direction, Bitcoin chart!Hello! Friends,
I came with new research an idea but, before to start talk about technical Let's share your LOVE by giving me LIKES and COMMENTS . Thanks in advance.
Till trend is up in other timeframe so, 10% higher chance to move up the side.
seeking a clue for the time of breakout and direction.
The consolidation will continue until we didn't get test of money makers.
Don't take any position: See k first to understand, then to be understood.
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"" Intraday(30min charts) CHART ""
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Presently Bitcoin price is following parallel channel on 30 minutes timeframe chart:
Target was achieved.
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"" DAILY CHART ""
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PART (i):
Wave Theory
This is the only chart which is looking for a downward move. ..!
PART (ii):
We have seen upbreak as expected.
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"" WEEKLY CHART ""
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PART (i):
Till not found any -ve sign on weekly chart of patterns:
Relation of Cong estion vs. Volume exa mination:
Herein, 4 CONGESTION found throughout VOLUME declined. 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs.
All the Congestion has low volume and after the breakout, we are seeing a single directional move.
If we are at the CONGESTION phase, we will see a surge in price after the breakout. In the current case, we have more volume compared to all other Congestion phases.
PART (ii):
Following patterns has been detected-:
initiative movie
two triangles
rounded move with low volume
tails (while u-turn )
Bitcoin is trading in Up-Wave .
"Price Action with Volume" theory on, Bitcoin!I am not going to write here in Pages. Let's move the strength topic.
This is " Price Action with Volume theory ".
Relation of Congestion vs. Volume examination:
Herein, 4 CONGESTION found throughout VOLUME declined. 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs.
All the Congestion has low volume and after the breakout , we are seeing a single directional move.
If we are at CONGESTION phase, we will see a surge in price after the breakout . In the current case, we have more volume compared to all other Congestion phases.
If you LIKE this idea, You will get Real-Time with lower timeframe NOTIFICATION trable update.