NYSE:WEX Inc has a 40.8M float and recently initiated a $300 million share buyback. The stock has been in consolidation mode for some time and is playing "nicely" along my selected historical simple moving average (SMA). Recently, it may have double-bottomed off this SMA and, given the buyback, may move progressively up toward the $230's where there is a large...
Ethereum is nearing the top, basically its long time trendline that it has held against Bitcoin, and has been bouncing up and down in this channel for a couple years now. This means set your alerts, keep a close eye on Ethereum, it MAY do a final push and get up to .06 but it could be tough. As far as the Altcoin, I could not chart it on Tradingview, so I...
I bought some Peercoin (PPCBTC) yesterday after looking at the price on Wex (right hand chart), I noticed that PPCBTC there was on a strong rally. Shortly after PPC started to move. On the left hand side, we have the Bittrex chart, here you can see see how strong the move is. About 70% in the last 3 days. I am sharing this for learning and entertainment. This...
We have some kind of dynamic resist in the range of 0.38 fibo (700+) one one hand and several downtrend lines crossing and forming some more downtrend levels (421,320). So, BTFD targets: 421, 320 Take prifit: 844, 999
Here is what we see. It looks like there is already 2 wedges. Second wedge has not completely formed yet. In case of the third same fractal we can go deeper to 0.236 Fibo level. BTFD range: 550-770