WIPRO long idea 414can buy near 414 and keep sl on close below 394 . a decent risk reward ratio of trade works out, slow mover stock so tons of patience required, if works then even 10:1 reward isnt ruled out
Servers
NVDA: Monthly Bearish ABCD Signal Pending Lowering Target to $80Last month I posted a setup that made the argument that NVDA was trading within the Pattern Completion Zone of a Bearish ABCD visible on the Monthly Timeframe and that all I was looking for was a Monthly PPO Confirmation Signal which would likely be triggered by a Bearish Negative Monthly Candle within the Zone; this situation remains the same we are still trading within the zone even after the earnings pop, but we simply haven't had that negative month yet, however it does seem like it will soon give me the signal that I want and it's something to pay attention to, at this point I'd say it'd be ok to put on a midsized bearish entry via 1-3 month NVDA Puts around the $480-$500 strike or NVDS Calls at the $36 strike and upon generating the bearish negative signal candle it will be appropriate to put on the full bearish entry.
In addition, after the recent Price Action and Earnings, if we do get the signals we want here, NVDA will probably drop back down to around $80
The original setup can be found below:
A Negative Month at these Levels Could Signal NVDA Down to $196We are at a point where NVDA is trading at a Macro Monthly Bearish ABCD PCZ and all the Oscillators are sitting in overbought zones. If NVDA sees a negative monthly candle at these levels, it is very likely that these Oscillators will begin to come down again and signal Potential Bearish Action ahead; if we get such a signal at these levels, then I would typically aim for it to go back down to the level of C of the ABCD as a Minimum Target; but given how high this is and how profitable even a 61.8% retrace would be, I will opt to target the 61.8% retrace instead down at $196.32 as it nicely fits into my typical 3:1 risk to reward requirement.
Intel does not give up and after a failed attempt back to chargeMarketmiracle advisor reported a possible LONG entry for the INTEL $INTC stock at a price of 57.10 usd and a target of 63.39 for a profit of about 11
After the previous attempt to rise that has not materialized ( see related idea ) seems not to want to give up, the rest the Intel company is given a good 30% below its fair value on some of my sites of reference for basic information.
The Miracle Viewer indicator shows how the category of "Corporations" ( yellow wave ) is progressively reducing net sales and returning to innovate the liquidity title.
The chart of the price action seems compatible with when reported by Marketmiracle therefore I think to take a very short position on the stock, a possible 11% fluctuation on a solid stock like Intel is definitely an opportunity that I do not miss.
This idea is based on the signal generated by the Marketmiracle advisor whose link you can find by scrolling at the bottom of this page.
Bitstamps LTCFor days now I have pointed out to Bitstamp that their LTC often takes minutes to update it's price. If one compares this to the performance of their BTC platform, which is accurate to the second, a striking difference is found. I have been left with the conclusion that Bitstamp was acquired by a cash poor entity, because it is simple latency, and it is now glaringly obvious that their LTC and worse, BCH platforms generate less money in fee's, and thus have been given a lower priority on what seem to be either inadequate or outdated servers. Shame on them ; it is an expression of capitalism, I'll concede that - BTC sales and to a lesser extent ETH sales have more trading volume than the LTC or BCH , are more expensive, and therefore generate greater profits for their company. I feel fooled and utterly overwhelmed by Bitstamp, which itself has pyramid like qualities , though many exchanges do base their fee's on your trading volume, coinmarketcap360 indicates 1. The absence of Bitstamp - which at first I found strange because prices are often referenced in bets , wagers and analysis visa vie Bitstamp - but as I scanned across the diverse map of exchanges I found Bitstamps fee's to be significantly higher than every other listed exchange. These fee's , along with what is now obvious priority routing for those currencies most subject to said fee's , are an outsiders only explanation of the piss poor performance of the LTC and BCH platforms, likely xrp as well - though people tend to buy XRP en masse. When I fall from the discounted fee tier I fought so hard to achieve, migration will occur. I have had enough.
Initially I was thrilled by their fee's, having migrated from coinbase some 8 months ago - anyone would be, the average american has a base fee before certain waivers of 4%, both ways. I will not discuss beyond mention the disgusting nature of their base platform for "beginners," or their failure on that website to mention gdax.com , which is coinbase Pro, which uses a maker taker formula and in some cases if you are patient and do post only , you may not have a fee. However it is important to note that Coinbase in every iteration are middlemen, as shown in their "aggregation" settings.
.25% is the initial fee on Bitstamp, and that is a high fee compared to many of the exchanges, if not all of those listed on coinmarketcap 360.
They charge such fee's, but cannot upgrade their servers and or bandwidth to allow for real time LTC and BCH trading? Is there an insider scheme at play here?? At it's best it is greed.
