Sport
Adidas - Outlook downgrade supports a bearish thesis Adidas is another company confirming what we laid out some time ago - a trouble brewing during the current earning season, supporting our notion about the stock market progressing in the second stage of the downtrend. That being said, the company reported its quarterly earnings, after which the stock fell approximately 10%. The report highlighted deteriorating demand and adjustment of the outlook for the rest of 2022 while also pointing out a build-up in inventories. We expect the same trend to continue among other companies and strengthen during the next earning season concerning Q4 2022. Therefore, we voice a word of caution to investors as this will lead the market slowly but surely into the 3rd stage of the bear market.
Illustration 1.01
Moving averages continue to reflect the bearish conditions on the daily chart of Adidas stock.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish but also reaching oversold levels for the short term.
Illustration 1.02
The weekly chart of Adidas also shows bearish conditions between two moving averages. However, the price deviated too far from the 20-week SMA, making a case for a short-term bounce toward it.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish but also reaching oversold levels for the short term.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
XRPUSD ❕ downtrend lineXRP has formed a downtrend structure and a downtrend line.
Trading volumes began to decline.
I believe that the asset may go lower if it consolidates below the support level.
$CHZ/BTC 3D (#BinanceSpot) Falling wedge breakout and retestChiliz is showing some bullish strength after regaining 200MA, a bounce back to 50MA would make sense.
Current Price= 0.00000479
Buy Entry= 0.00000480 - 0.00000436
Take Profit= 0.00000595 | 0.00000742 | 0.00000870
Stop Loss= 0.00000360
Risk/Reward= 1:1.4 | 1:2.9 | 1:4.2
Expected Profit= +29.92% | +62.02% | +89.97%
Possible Loss= -21.40%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 6 months
Tags: #CHZ #CHZBTC #Socios #FanToken #Sport #eSport #CEx #BC #NFT #Payment
Websites: chiliz.com chiliz.net socios.com
Contracts:
#ChilizChain CHZ-ED
#ERC20 0x3506424f91fd33084466f402d5d97f05f8e3b4af
#BEP2 CHZ-ECD
Buying and Selling Area for INTER Green areas are buying zone
Red areas are selling zone
Remember to buy a little and little more deeper it goes,
and sell a little and a little more it increases.
Please keep calm and patient.
Better little sells and little buys than big emotional pump and dump.
PSG 5 Bottoms ReachedVery Bulling on PSG because of this amazing resistance line wich confirmed 5 holding bottom.
We can think of entering now, World Cup is coming and Crytpo will gonna be mainstream
(crypto.com is now sponsoring FIFA and Binance AFA)
ALPINE/USDT : Fan Coin from Binance - Target 26.00ALPINE/USDT : Fan Coin from Binance - Target 26.00
Context:
The coin has been launched yesterday with an NFT mysterious box purchase/drop in the pipe. The graphical triangle on going on 15 min chart basis is interesting to anticipate a bullish exit to 26.00
However auto similar move provide a potential dip buy area at 4,18 .
Tactical view - 1 to 3 weeks
As long as 6,50 remains resistance , we still have a chance to visit lower in a dip to buy the coin and play 26.00 - Else it will be a direct rise by exiting the consolidation pattern on going.
Bullish above 2,90 (Buy area 5,30 (already in) and 4,18/3,45 to anticipate a significant rise to 26.00 and go away.
Enjoy
CHILIZ, SPECIAL BUY ZONE HERE !!!Chiliz is currently under a high selling-pressure zone. So we might have another down to see the green reversal zone.
The triangle of LuluLululemon Ahtletica inc. is an American company that is expanding all over the world and that produces and sells sportswear specialized in athletic activities and yoga.
Given the type of sport on which it specializes its business has not suffered in a marked way even the period of covid because millions of people forced into the house have bought their products online for the activities of Yoga conducted individually in their own dwellings.
Its constant growth in turnover during the years really frightens and, despite its price is well beyond the fair value, according to some sites that I use for fundamental analysis, its price seems to still aim high, also helped by large-scale investors who seem to be increasingly interested in the company.
Here is the movement for which Market Miracle, the algorithmic advisor that identifies and categorizes the incoming and outgoing capital from an asset yesterday generated an input signal of 362.5 USD with a target of 407 USD or with a potential profit of 12.3
Graphically the price seems to be trapped in a triangle pattern due to its situation of over-bought over the long term but it does not really seem to scare the price action towards a further climb.
This idea is based on the signal generated by the Marketmiracle advisor whose link you can find by scrolling down this page.
$Fubo good news and technical situationFubo tv acquires Acquires Exclusive Streaming Rights for South American Qatar World Cup 2022 Qualifying Matches
in plus the chart highling some important information that will lead the price to rise.
The price is bouncing on the border ( see main chart)
the orange area (good for entering at lower prices ) started on MTF pressure indicator ( the center chart )
the positive daily buyers pressure are incresing (chart below)
I'm buying at this price.
CLUB - Bullish Bounce - How High CAN It GoTown Sports International Holdings, Inc. operates as a diversified holding company that owns subsidiaries engaged in a number of business and investment activities. It operates through the Clubs segment which is comprised under the NYSC, BSC, PSC and WSC brand names. Its locations offer a group exercise and fitness programs, racquet sports, pools, basketball courts and other recreational activities. The company was founded in 1973 and is headquartered in Jupiter, FL.
SHORT INTEREST
1.44M 08/15/19
P/E Current
655.29
P/E Ratio (with extraordinary items)
-9.91
P/E Ratio (without extraordinary items)
2,206.9
Average Recommendation: BUY Average Target Price: 3.00
Long CRON Swing TradeNASDAQ:CRON has been consolidating in this range for months now, creating a very noticeable Bullish Triangle.
Will be looking to enter at around $5.75 (triangle support).
Possible Outcomes:
- Triangle Breaks and follows thru to +- $8 area with a huge profit of +40%.
- Triangle fails to break , we fall back to the $6 (would sell before going bellow $6.30) where we sell for a small profit or breakeven. Do not hold on and make this a losing trade.
Share your opinion, comments and questions. Good Luck!
Risk Level: High.
I will keep updating this post.
NIKE (NKE). Another drop after sideways correction.Nike is in a large flat correction (WXY), it lasts from Y2015 and could finish only as early as next year.
Another drop down in wave Y would finish it.
Target = white rectangle = 49.01 (end of wave W) or 42.13 (Y=W).
NKE Long Due To ReboundMonthly indicators look beautiful for NKE, as well as the weekly ones.
Right now would be a great time to enter and expect a nice and steady growth throughout the channel I've made,
pennies to thousands short candidate in cloudin cloud
red bar large on daily
macd crossed
percent r and cci in red zone
had disappointing earnings
relative strength weak
money flow going down
n
