Skyboxpips
Intel stock down 70%...opportunity?Good Morning Testosterone Traders,
Intel has been brought to my attention
Intel stock is down 70% from the pandemic era price of $67 per share , and now actively trading around $21 per share as of this posting.
I am confident to add Intel to my long-term portfolio.
Share your thoughts....
Bitcoin retracement from $70k levelHello Traders, Skyboxpips here!
Previously we stated that Bitcoin may face sell pressure at the $70k level. Bitcoin is now in a retraction phase and is now below $60k at the time of the posting.
For now, we will monitor shorts till technicals reveal a possible reversal.
Boeing (BA) Hello Traders, Skyboxpips here!
Previously we posted our prediction on Boeing stock. Boeing earnings report will be released tomorrow on Apr 24 with an estimated negative earnings report.
The factors of the earnings report is most likely priced in to the market.
We are siding with longs for the swing
Amazon (Amzn) sold the $188 level. Here's what next...Hello Traders, Skyboxpips here!
Amazon stock did a sell off from the $188 level last week to the $173 price level closing out the previous weekly candle bearish.
Amazon is doing a retracement for the retest
It feels satisfying when predictions play out.
Ethereum to reach $4800 ATH?Hello Traders, Skyboxpips here!
Ethereum and Bitcoin had a strong bull run from feburary.
Ethereum experience a resistance level at the $4100 level which mean sellers are holding this level. There is an imbalance and anticipate Ethereum to reach that $4100 level in hopes of a breakout to the top-side so we can go test that $4,800 All time High
Bitcoin (BTC) is back near $69kHello Traders,
We all experience the bitcoin bull run for the previous months. Bitcoin reached the all-time high at SWB:69K before facing a resistance level
Bitcoin is consolidating at SWB:69K level.
We may experience bitcoin continue to the buy-side breaking and closing above the $70k level.
On the weekly timeframe, there is a lot of wicks indicating that sellers are at the $70k level
Do you think Bitcoin will overcome the sell pressure and break in the $70k price range or will this be the roof of the bull run? Share your thoughts
Sp500 (ES futures) Analysis Hello Traders,
Sp500 reached a major support level.
The previous day candle which was last Friday printed a Doji candle that indicates an indecision in the markets.
We anticipate SP500 to go bullish from this major support level from the week...
if there is a chance that SP500 goes to a higher price then rejects in the week, then we will follow it to see if it clears last week lows
in all, We are sticking to our first analysis that SP500 will go higher from the major support level.
NasdaqHello Traders,
Here is a markup for how Nasdaq moved in the previous weeks. Nasdaq has returned to that Daily wick gap.
We will react to the behavior and direction it decides to moves.
FOMC is being released later on this trading day so they may hold the market and moved aggressively once the FOMC news is released.
Gold pause in bull run or retracements??Hello Traders,
Gold has been in a strong bull run for awhile and does not appear to be slowing down momentum
The previous week ended with a Doji candle which represents indecision of price.
This pause in the market. we can see retracement of price before continuing bullish.
The previous week high has already been broken but price returned back under
Gold AnalysisHello Traders,
This is what we have for Gold's analysis.
Gold broke the Daily Trendline and is now looking to retrace back down.
If the retracement gets to our reversal point of interest, then we will be looking to buys
If the retracement fails to reverse at the point of interest, then we will anticipating Gold to continue shorts to clear the lows
SP500Hello Traders,
The stock market has been on the decline since the beginning of the year.
The previous weeks we have seen a retracement from the buying pressure.
We are expecting SP500 to keep buying till it hits the weekly trendline for a possible long play to Year High or to reject and go short