SNAP still not profitable | Buy areaIf you missed last Friday`s 28usd price per share, close to the 2017 IPO opening price of $24, then, after a bounce from the oversold area, once interest rates will go higher, i think we can still see it in the 18-25usd range.
SNAP is still unprofitable 4 year after its IPO.
It is trading at 19.5 times its 2020 revenue.
A worthy multiple would be let`s say 9-10 times revenue.
Looking forward to read your opinion about it.
Service
GBPUSD❗Go down??💲GBP / USD four-hour chart. The currency pair fell sharply at the auction on Thursday. Now the price continues to hold below the four-hour supertrend line. Therefore, we consider the scenario with the further development of the downward movement towards the main support level 1.3428 as a priority one.
Trading solutions: sell 1.34499 take profit 1.3428
Have a nice trade!
GBPUSD❗Selling pressure💲GBP / USD four-hour chart. The currency pair remains under pressure from the overbought area. Buyers are still unable to gain a foothold above the four-hour supertrend line. Therefore, as a priority, we consider the scenario from the beginning of the downward movement in the direction of the daily supertrend line.
Trading solutions: sell 1.3700, take profit 1.3620
Have a nice trade!
EURUSD❗downward movement💲The four-hour chart of the EUR / USD pair. The currency pair is still holding below the daily and 4-hour super trend lines. Therefore, we continue to consider the scenario with the development of a downward movement towards the level of 1.1550 as a priority.
Trading solution: sell 1.1625 take profit 1.1550
Have a nice trade!
XAUUSD🤑 Retest support line📈GOLD Price Forecast and XAU / USD October 12, 2021 imply an attempt to test the support area near the level of 1740. Further, the growth of quotations with a target above the level of 1815 will continue. on the breakdown of the support area and the cancellation of the model. In this case, we should expect the GOLD price to continue to decline with a potential target below the level of 1685.
Have a nice trade!
XRPUSD💲Dump📉XRP also making higher highs and the price is now in a corrective move as alts dumping. $1.05 - $1.10 is the major support zone and a potential retest area. still, Price can directly fly away from here but the ideal case would be a pullback to retracement. Use buy limit orders between those zone for a swing move.
Have a nice trade!
Your Solldy.
RSLS ReShape Lifesciences Price Target- ReShape leader in weight loss market
- FDA approved Lap-Band manufacturing moved to the US
- eliminated debt overhang
- ReShape Marketplace - digital health solution
June 30, 2021: Cash and cash equivalents and restricted cash were $40.2 million.
ReShape Market Cap only 50.061M
Shares Outstanding 17.20M
On 7/1/2021, Ben Haynor from Alliance Global Partners brokerage Lowered the Price Target from $18.50 to $13.75
My price target is the 9.6usd resistance.
I`m looking forward to read your opinion about RSLS.
GOLD fall after CONSOLIDATIONGold stands still after a strong fall and moves in a narrow range from support to resistance. Since there is no reaction to a false breakout of 1764, the instrument enters a retest, I expect the price to fall even lower. Target - current levels - 1725, 1678.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
USDJPY Trade IDEA/buy,Good Luck tradersHello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for BUY. GOOD LUCK! Great BUY opportunity in USDJPY ..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE!
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
AUD/USDPossible long?
- I know what you're thinking, "You just posted EU shorts, why are you posting AU longs if they're correlated?". I just trade what I see regardless if they're correlated or not. I've seen sometimes AU and EU move in opposite directions completely and I've been in trades where I have been long on AU and short EU and won both or lost both trades. Regardless of if I win both or one or lose both my Risk-to-reward parameters keep me in the game.
- Like I said I just trade what I see.
GBPAUD H4 - Long Trade SetupGBPAUD H4 - Couple of downside support break attempts, but eventually all closed within our support region, trading above 1.82 at the moment, seen an initial bounce, BXY was covered in the video rundown, lots of resistance and previous highs in sight, so will take some sort of catalyst to give GBP the push to break those tops.
More sales in GBP | GBPCADAfter we sold GBPUSD on June 11th
and we buy EURGBP
we are now looking for another GBP sales opportunity.
This time for CAD!
The price is in a downward trend of the main periods.
On H1 we have a sell zone 1.6917-1.6970 from which we will look for an opportunity to enter.
Support levels:
0.6851
0.6779
0.6740
Are you selling GBP? Which pair?
Bullish for 3rd-gen enterprise ledger tech**For entertainment purposes only**
Steady linear downward trend since launch day ($0.10 to $0.12).
Tightening price range. Bullish pressure release.
Initial target price is $0.10
Strong technology fundamentals. Strong leadership and governance. Hedera has a zero-to-one business model.
Gold Interesting TimesWe are long term bullish on Gold.
We purchased over 5lbs of physical gold around the 1200oz pricepoint.
However, there may be an oppertunity to catch a short at these levels.
We are worried that we could see the Trump Admin reinstate a gold-backed dollar - punching golds prices up into the $4,5,6-10k price per oz points.
Watching - Lets see how next week plays out.
AELF [ELF/BTC] Analysis by Morpheus (A good opportunity!)All information is provided in the chart. (Point on Yellow-notes on chart to see description)
Our profile publishes analysis that focus carefully examined and identified cryptocurrencies that achieve high profits. We base everything on our own, developed scheme, the understanding of the market and its behavior. If that sounds like it could be helpful for you, please follow us and hit the like button!
Tips, notes & suggestions
When you place a trade, always remember to set a stop-loss.
Most important rule, is to be patient. Money come and go, you will always get another chance.
Never invest heavy in one trade, be sure to spread your bags on different trades.
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Morpheus wish everyone out there, a good and a healthy life in the cryptocurrency-age.
AUDCAD POTENTIAL SELLAUDCAD IS FOLLOWING STRUCTURE FOR THE ABC PATTERN MEANING WE COULD HAVE A SELL OFF.
FIBONACCI ALSO ALIGNS WITH THE SPECIAL POCKET OF 61.8 AND 71 LEVEL.
STOP LOSS OF 25 PIPS WITH A GAIN OF MINIMUM 75 PIPS,
2ND TARGET IS 110 PIPS AND LAST TARGET IS 140 PIPS
BARING IN MIND NFP ON FRIDAY WILL BE HUGE SO BE WEARY
SCI - Best of the death & funeral services sectorNYSE:STON NYSE:CSV MATW NYSE:SCI
Death & Funeral Services usually do well in down economy turns from past, however only this one stands out as not having taken a 50% depreciation.
Indicates buy on the uptick is your fate. We all die and just reality, some would say the guaranteed 100% payout.