Will REX revert to the mean ?REX hit a 52-week high after an analyst upgrade. Was this enough to justify a
12% increase in a nonvolatile business, the ethanol production business to support
its addition to gasoline to combat air pollution and so global warming. Production
and so revenue is not accelerating although it may be a bit seasonal during the
summer driving and vacation season. On the daily chart, RE put in a massive bullish
bar with wicking above the third upper Bolliger Band set at 2.618 ( Fib level) standard
deviations. REX did this on 5/25 and then dropped. I see it doing the same thing again.
This demonstrates the version to the mean or "rubber-band" concept. I will stock trade
REX short and look at the mid- October put options.
REX
UBER SHORT, STOCK MARKET ANALYSISHello everyone, it has been some time since my last post but I do plan on making some more content. Here is my analysis of why I believe it is a good time to short UBER. Some other stocks may be worth shorting, but for me, this is the one that I feel the most confident in trading as of now.
Please let me know if you have questions,
~Master Chef
REX - Is the Pullback Over?REX has stopped its fall and has decisively bounced off the 200SMA and it seems that the pullback is over and price is likely to move up. MACD has given a bullish cross which is also a bullish sign and a confluence. I am expecting the upswing to continue higher. My trade plan is as follows:
TP - $1.880 (potential 17% gain)
Stoploss - $1.420
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
REX Exit IndicatorAdaptation of REX indicator, works as a good exit indicator
How to use this oscillator
The oscillator Rex line becoming positive on the bearish market indicates the up-reversal.
Similarly, the negative value of the line on the bullish market indicates its down-reversal.
Moreover, the oscillator Rex and Signal lines can be used as warning signal.
The indicator has four configured parameters:
Rex period - oscillator line calculation period
Rex method - oscillator line calculation method
Signal period - signal line calculation period
Signal method - signal line calculations method
EOS Down 61% vs Bitcoin since REX! #REXITEOS mainnet launched REX on 1 May 2019 and it has been a disaster both in terms of EOS value and exploitation by EIDOS.
This chart clearly shows the drop in value. Bitcoin is used as reference versus USD since cyptos tend to move together.
REX has CAUSED a drop of EOS vs BTC value by 61% it's time to ELIMINATE REX #REXIT now
5 Y Gov Bonds (Germany) indicating higher interest rates?The german government bonds (REX) have risen years and years due to ever falling interest rates.
They have finally reached a ridiculous level. Who would lend the government money without asking a certain sum for the taken risk?
Only in a world of no risk - given by the european central bank policy - one would give money and attending nearly zero gains.
But these times could be over now. Mr. Draghi hasn´t change anything, only a little tapering of the vast sum he pumps into markets (tapered from 60 to 30 bn euros a month). He didn´t touch the interest rate and he won´t do it for a long time, knowing that rising interest rates would cause the default of some states as Italy (and he´s coming from Italy!).
It seems that the market has changed its opinion and is aware of new risks. Perhaps coming from failing states (Spain, Greece, Portugal, Italy, France).
The last strong man in Europe has been Germany. But this land can´t pay the bill of all other countries. Additionally the germans have no chancellor (Merkel) at the moment and the new government has difficulties to be built. Merkel has lost a lot of its influence on the politics and also on the markets.
These arguments put together have influenced the direction of the index for government bonds (5 years).
We have to expect falling prices in bonds in the next months and years. Only with a new money-supply program (more money and higher ecb-balances) the trend could be stopped. Will the helicopter-money be the next option to be taken by Draghi?
AMTX Sleeper Bull$AMTX has been a stunning example of a stock with all the signs of a great bull run. AMTX is very similar to another stock we cover called Pacific Ethanol ticker $PEIX. We have been following the AMTX since it crossed over its EMA Daily lines in March 2014. The stock being uplisted to NASDAQ in June gave it more room to run from 6 dollars up to a high of $13. Last month there was a spook article that was published that created a create opportunity to buy into $AMTX at a great discount. The stock has never looked back since its dip to the low 6's. The article proved to be false to a large degree and the stock remains to be very stable at 9.50. We see the stock poised to move higher again to re test its highs at 12 dollars. We have plotted our support and resistance lines.
While this is a small Ethanol pure play, the volume in this stock is very low. So expect huge swings if the stock does in fact move higher and break 13 resistance.
Our target on this stock is 21.76
We are long this stock from much lower levels so our risk tolerance is very high. New positions should take an averaging in approach, attempting to catch the stock on pullbacks. AMTX should remain very firm at or around 9 dollars due to large support.