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BTC/USD Daily TA Neutral BearishBTC/USD Daily neutral with a bearish bias. *BTC has been consolidating at $30k for 32 consecutive sessions now and is becoming more bearish every day now.* Recommended ratio: 35% BTC, 65% Cash. Price is currently trending down at $30k after being rejected by $30507, it still has support at the 50/50 uptrend line from March 2017 at $29.5k but if it breaks below that level it would be very bearish. Volume remains Moderate and is currently on track to both favor sellers and shrink for a third consecutive session, implying that a breakout/breakdown is due (leaning toward breakdown). Parabolic SAR flips bearish at $29250, this margin is mildly bearish. RSI is currently trending sideways at 45 where it is testing the uptrend line from 01/22/22 as support. Stochastic is currently crossing over bearish at 77.95 resistance. MACD remains bullish and is currently trending up slightly at -564 as it is beginning to form a peak; it is still technically testing -868 minor resistance. ADX is trending down at 24 as Price continues to hover around $30k, this is mildly bearish. If Price is able to defend support at the 50/50 uptrend line from March 2017 at $29.5k then it will likely retest $30507 resistance before potentially breaking out higher. However, if Price breaks down below $29.5k, the next likely target is a test of $24180 minor support (before potentially falling lower). Mental Stop Loss: (two consecutive closes above) $30507.
COINBASE:BTCUSD
by dailytaguy
2
SPX/USD Daily TA Neutral BearishSPX/USD Daily neutral with a bearish bias. *St. Louis Fed President James Bullard said he remains committed to a 3.5% fed funds rates at the end of 2022 with potential for rate decreases in 2023; Fed Chair Jerome Powell also said Fed would not hesitate to raise rates beyond what is considered "neutral" until inflation comes back down; unemployment remains low but economic growth is slowing and inflation is rising, so the case for stagflation isn't necessarily getting weaker.* Recommended ratio: 45% SPY, 55% cash. Price is currently testing $3938 minor support-turned-resistance after briefly touching $3800. Volume remains moderately high and has been fairly balanced between buyers and sellers for the past six sessions. Parabolic SAR flips bullish at $4035, this margin is mildly bullish. RSI is currently trending up at 40.68 and is still technically testing 38.06 resistance; it should be noted that RSI recently defended support at both uptrend lines from August 2015 and January 2022, this is bullish. Stochastic remains bearish and is currently on the verge of crossing over bullish at 36.31. MACD remains bearish and is currently trending up at -107, if it can break above -103 then it would be a bullish crossover; the next resistance is at -76.22 while the next support is far below at -226. ADX is trending up slightly at 30 as Price is currently avoiding a breakdown to $3706, this is neutral at the moment. If Price is able to reclaim minor support at $3938 then the next likely target is a retest of the lower trendline of the descending channel from July 2021 at ~$4100 as resistance. However, if Price breaks down here, it will likely test $3706 minor support before potentially heading lower to $3508 minor support. Mental Stop Loss: (two consecutive closes above) $3938.
SP:SPX
by dailytaguy
RDBX Redbox Entertainment the next GME GameStop ??I see the recent rally of RDBX, which is a self-service rent or purchase new-release DVDs and Blu-ray Discs, as a return to the meme stocks. RDBX went from $2 to $11 in just 10 days. If we consider only the technicals, then the stock should reverse from the Fibonacci 0.618 level, which is $6.36 to $12.70. I`m not in this trade though, the valuation is too high for me, 300Mil. GME was way cheaper when the short squeeze started. Looking forward to read your opinion about RDBX.
R
by TopgOptions
2
Dear Elon MuskDear @elonmusk : I have heard you are facing a huge tax bill. However, there is an instrument which can help you make money. It is NZD, New Zealand Dollars, as known as Sheep Coin and Kiwi Coin. I know you like to find profit from the trips of coins to the moon. I think nzd is a nice instrument, but it is facing offensive spam from hostile market makers. The news writters gave us two execuses. One is covid19, especially the emerging B.1.1.529 variant. I don't think so because New Zealand is one of countries encountering low impact from covid19. New Zealand is far away from Europe, Asia and America, so people are less willing to travel from and to New Zealand. The other is fear of Fed taper. I don't think so either because nzd is in the progress of increasing interest rate. Although Fed may consider speed up taper, they are still in the qe state. I only believe two reasons. One is New Zealand may spend a lot of money to buy oil. The other one is spam from market makers. It is because a lot of investors know to buy nzd, so market makers try to make us unprofitable. Conclusion Can you help us punishing those market makers and bring the justice back to the nzd investors? Best Regards clocks156t174 and other nzd investors
Long
by clocks156t174
What does GameStop’s share split mean for the short squeeze?2022 is looking like a year of stock splits as companies seek to make their shares more appealing for retail investors. Following Alphabet (NASDAQ: GOOGL), Amazon's (NASDAQ: AMZN) and Tesla's (NASDAQ:TSLA) recent split announcements, GameStop (NYSE:GME) followed suit, hinting at plans for its first stock split in 15 years. The American video game retailer, which has become a favorite “meme stock” among retail investors, disclosed in an SEC filing during aftermarket hours on Thursday that it plans to implement a stock split of its class A shares in the form of a stock dividend. GameStop said it plans to boost its share count to 1 billion from 300 million, indicating that it would carry out a three-for-1 stock split, giving existing shareholders two more shares for every share they hold in the company. The plan is still subject to shareholder approval at the company’s annual meeting. The company’s stock, which surged to its 2022 peak of $189.59 on March 28, jumped 15% in premarket trading on Friday following the news before paring gains to close 0.8% lower on the New York Stock Exchange. Compared with Apple and Amazon, whose share prices have hovered around $3,000 in recent months, and Tesla’s stock price that closed at over $1,000 on Friday, GameStop’s stock is relatively more affordable for mom-and-pop investors and those that are riding on a new investment trend that has become popular during the COVID-19 pandemic. GameStop to the moon GameStop is among the most favorite meme stocks on Reddit forums like the wildly popular subreddit WallStreetBets where users discuss the next stock to pump up. Investors piled into GameStop’s stock in January 2021, sending its shares skyrocketing 400% week on week on Jan. 29, 2021, to an all-time high of $325. This caused a short squeeze in GameStop stocks in a blow to short sellers that collectively lost about $13 billion, according to estimates by financial analytics firm S3 Partners. Market watchers also attributed the spike in GameStop’s shares to hedge funds that made substantial profits from the short squeeze. GameStop’s stock has since fallen 49% since that peak as of Friday, April 1, as many investors are unable to justify the company's stock price given its poor financials. GameStop's financials fail to keep up In the recent fiscal year ended Jan. 29, GameStop booked $381 million in net loss, 77% wider than its $215 million loss in 2020. Revenue, however, climbed to $6.01 billion from $5.09 billion the previous year. Prior to the short squeeze in January 2021, there had been rumors that GameStop may be going out of business as the company announced store closures and logged millions of dollars in debt. “This greed by the short sellers to have GameStop go bankrupt — ironically, they now saved GameStop for probably forever,” Justin Dopierala, founder of DOMO Capital, was quoted by Digital Trends as saying. With the money raised from the securities market, GameStop could turn its business around. The company recently disclosed plans to foray into non-fungible tokens or NFTs by the end of the second quarter of fiscal year 2022. Risky bet for short sellers For short sellers, GameStop’s planned stock split would force them to buy additional shares before they return their loaned shares. As the company plans to carry out its stock split by issuing a stock dividend, shareholders who lend their shares to short sellers are still entitled to the dividend from GameStop, while the short seller will have to either repurchase the share before the ex dividend date or pay a dividend to the other party that acquired the shorted stock.
NYSE:GME
by BlackBull_Markets
1
Update on PMs vs Cryptos right now. Gold, Silver, BTC, ETHI designed this custom chart to monitor the relative strength of top precious metals gold and silver versus top cryptos bitcoin and ethereum, to their respective ratios. As you can see, there is a compression triangle of sorts that has formed and looking to determine which way it will break out. The bottom is supported also by this arc spanning a much larger time horizon. The fundamentals favor PMs. All this together leads me to believe we are headed UP in gold/silver relative to cryptos. None of this is financial advice. If you're seeking a platform to trade between cryptos and precious metals (and fiat if you like), check out Kinesis. Their gold and silver on blockhchain are real, allocated, audited, and deliverable (at a very reasonable price I might add). Really the best of the best. Check out their informational videos to learn more: kms.kinesis.money
TVC:GOLDLong
by greenvention
4
GET READY FOR TAKEOFF!!!Within regards to technical analysis, while taking a deep look into the Disneys chart we see an ascending triangle pattern formed and now we are waiting for a breakout. The base of the triangle pattern formed on January 24th. It has touched the top twice and the bottom 4 times. In the past in regards to moving averages, we see that when the 20 day and 50 day moving averages are below the 200 day and as they inch closer to a merging point at the merging point the stock bounces in a bullish direction sending investors long. Right now our 20 days and 50 day days are stuck in our pattern today we closed with 5 candles on the hour hourly chart closing above these 2 and at the same time the 20,50and 200 days, MAs are getting closer and closer initiating the breakout. We see this pattern on the 1,5,15,30,45 minute chart, hourly and daily chart
NYSE:DISLong
by haydencrann
Market Update. SPY/S&P Week 2/7 Week TraderMan PennyPorkChop looks out for opportunity to survey and examine the latest value activity in the market in a way that makes it helpful to you. Utilizing Technical Analysis, I play out an insiders view of the activity in the financial exchanges today and gives you my Day Trading of 6 years of Trading Volatile current market , examining market patterns , and interpreting of where the market is going. TraderMan PennyPorkChop Focus incorporates - Specialized Analysis - Exchange and market Education - Pattern and Pattern Analysis - Market Psychology - and Trading Mental Health. 👉 If you enjoy this video, Please like and share it. 👉 Don't forget to subscribe to this channel and press the bell 🔔 for more updates. SPY Stock Analysis - S&P 500 SPDR ETF Stock Price Prediction for Tomorrow Monday February 7th We go over the SPY stock - S&P 500 SPDR ETF stock, and give our stock price prediction on the SPY stock, our SPY stock price analysis, and stock price forecast on SPY for tomorrow Fri February 7th. SPY STOCK: THIS IS A SPY STOCK PRICE PREDICTION, SPY STOCK PRICE ANALYSIS, AND A SPY STOCK PRICE FORECAST VIDEO. . My Ideal Views are looking for new ways to think about Trading. . No BS Technical Analysis that works, period. . Day Trading and Swing Trading. . New Traders Welcome. .Swing Traders Welcome. . You get Daily SPY STOCK pre and Post Market and the Price Spy ETF price predictions Weekend editions. . TESLA stock along with TESLA share Price including Tesla After Hours. DISCLAIMER: No financial advice, the information on this channel is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The information contained in or provided from or through this channel is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The information on this channel and provided from or through this channel is general in nature and is not specific to you the User or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this channel without undertaking independent due diligence and consultation with a professional broker or financial advisory. ____________
AMEX:SPY
by PorkChopPenny
Let's play the GaME!GameStop broke this triangle 📐 up, and I think there is chance for run to 605 USD and even higher. Just bought the pullback to the BUY level, which is previous local high now acting as support. Let the game begin! 🎮 ENTRY : previous local high @ 189.33 SL : local low @ 136.5 TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 605 RRR : 8 INVALIDATION : when SL level hit Like👍 & Enjoy🍿! #GAMESTOP #GME #STOCKS #WALLSTREETBETS #WSB #SHORTSQUEEZE
NYSE:GMELong
by bizmark
16
The Bullish Loopy-Doopring Structure and Downside Risk (LRC)Newer crypto buyers are given a lot of criticism for not looking at token supply or market cap. A coin's market cap is calculated by multiplying its circulating supply by the price. As I just did with CRO, this can help make some comparative market analysis to try and figure out what the "fair value" of something is. This is a concept that exists in other markets, such as real estate, but can be applied to this market in order to make "educated" price predictions. Here's my reasoning. Loopring has about 10x the supply as Omisego (OMG), and is currently ranked higher in market cap. LRC has close to 1.4 Billion coins. This is somewhat of a similar token supply to Uniswap (UNI), which has 1 Billion coins. Uniswap is currently trading at just above $20. So, perhaps, LRC can achieve a price target of $10+ if it breaks into the top 20 by market cap. But I do not think this would be likely to sustain. See OMG from the 2018 peak. These coins have similar use-cases, but LRC seems to have gained a lot of attention recently. OMG faded into obscurity during the bear market and dropped by as much as 99% in value from $30 to $0.30. Yeesh! INTERESTINGLY ENOUGH, LRC's recent peak is pretty close to Omisego's 2018 peak, in terms of market cap. Can a layer 2 coin like this achieve a higher market cap? Not so sure. I don't doubt that the protocol is useful, but does the token itself have much value? The ascending broadening wedge on my chart shows expanding volatility as price goes up. It is very rare for something to break out of an ascending broadening pattern to the UPSIDE, but should LRC breach the resistance, it can perhaps make one last run towards $10-20. Otherwise, LRC is in danger of falling significantly back towards the middle of the wedge at least, putting it back in the low $1 range. There is shallow support near $1.90 as well. Perhaps LRC can also test the top of the wedge again at a later date (marked by a speculative green X), at a slightly higher price, once things have cooled off a bit. Holding current levels would also be a good sign, since this is the 2017 all-time high. But one issue here is - even with all the GME-like hype and excitement, it's only resting at the previous ATH? It managed to get to this point in the last bull market for apparently no reason at all. Crypto never ceases to amaze. So far, this bull market has been relatively tame compared to 2017. For instance, XLM went from 1 cent to 90 cents in just several weeks back then. Let's see what happens! This is meant for speculation and entertainment only, not financial advice. -Victor Cobra
COINBASE:LRCUSDShort
by VictorCobra
13
Wallstreet next moveAs you can currently see, Wall Street has been in an uptrend for some time now. He has been very receptive to the trend and also the trendline lately. As you can see, the 200ema has also been retested. The following will happen. as you can see there is a bearic divergence. The target will be the trendline/fibonacci point 0.618. This is a very logical point to reach. From this point we can start looking again for possible buys. Keep in mind that another retest of the 200ema can take place.
OANDA:US30USDShort
by iwan12g
Trading at lower price level, potential for upside.Based on YoY and QoQ growth, CRM ended Q3 with strong revenue and net income. Net income were 360, 1,110, and 126 million respectively from 2018 to 2020. In 2021, net income was 4,072 million. It grew approximately 1131% since 2018 and 366% since 2019 (which was highest in 3-year period). Arising from that, it appears CRM management have been successful in mitigating impacts of COVID-19. CRM has acquired an additional Co-CEO, who possess an extensive knowledge in the business world and entrepreneurship; employed at Google and contributed to the success of Google map, started own company that was acquired by FB, and then founded another company which was evidently acquired by Salesforce. Strong management team is necessary in the current market condition, unmistakably shown in the past year due to COVID-19 revealing that some businesses fail to adjust. The guidance for SalesForce Q4 is the additional revenues and net income added to finish the year strong. This was presented by the management team that each product SalesForce has are showing durable growth. SalesForce currently sits on 5,511 FCF.
NYSE:CRMLong
by PlayerInvictus
3
AMC 2-3x after $57 markTaking the fib retracement (indicator) from the bottom to the top you get the 0.618 GOLDEN RATIO @ about $27 - low and behold that's exactly where we found support Taking the same indicator from the top to that botton will give us the GOLDEN RATIO (0.618) at about $57 - this is where price should test thats about a 35% move to the upside Now, taking the TREND BASED FIB EXTENSION (indicator) from bottom to top to the Golden Ratio (0.618 it gives me my take profit levels 0.786 should be used in bear market (but theres no such thing because the govt keeps printing ) 1.618 should be used in a bull market in this case $144 is the 1.618 although it can go higher as meme stocks/wallstreetbets tend to do 1.618 plays it safe bc ya know....manipulation and endless printing of money Q: but @Toro138 how do we know if we are in a bull market or bear market? A: focus on the Weekly Time Chart and use the 20 or 21 Moving Average if its over the line predominantly like it is now its a bull market if its under we are bearish If the big players are going to go in these are the levels where they are going to play Thanks everyone for the support - if you would to see more like this or have a particular graph of a stock/crypto in mind lmk
NYSE:AMCLong
by Toro138
11