Long term litecoin hodlers fear ye not! Fear not Litecoin holders.. whilst you have seen a break downward in the price both in BTC and in USD value.. turn off the screens, enjoy your life and be happy in the knowledge that in a few months you LTC will be worth around $800 a share.. any attempts to call bottom at this stage by selling in hope of buying lower would be risky game.. but one which could potentially yield profits.. it all depends on you risk approach. but the rewards may not justify the risk at this stage. Many would call this a buy price.
Shape
RTN Tracing a "V"? - Price at Support, Combat Springs Eternal.Nations and states won't stop fighting and will always need security, so defense stocks are always an intriguing sector.
But let's focus on the short-term.
Raytheon has been hit hard with some bad news. Despite reporting good earnings on April 26, easing Korean tensions and anticipated delays on big deals for Raytheon's technology are among some of the purported reasons RTN has tumbled.
Thanks in advance for lending me your attention!
Is RTN 's stock primed to rise in price as quickly as it's fallen this last week?
We can see from the chart Raytheon is wobbling in an area of strong support with very high relative volume. RTN sold off on news, but the fundamentals and technicals are both attractive. Many traders are saying it's time to buy the dip.
Could Raytheon trace out a "V" pattern here and provide for some quick and tidy profits for buyers of the stock and\or call options?
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Thanks again!
See it on the site: holsturr.com/category/markets/charts/
** For speculative and research purposes only - good luck! **
EURCAD "U" formationConsidering that the EUR is getting weak, and the CAD is getting strong, this pair is ready to go down due to economic strengthening and weakening. There is some strong resistance, and some boxes where the pair highly rejects the price. Wait for a spike in the 1 hour candle, and then a short position should be established. Targets go from the lighter lines to the darker lines.