After a couple of resistance breakout failures - ending in consolidation, #Nasdaq eyes a more attainable price of value before prepping for new all-time highs #ath
I prefer to look at and use logarithmic charts because they're less dramatic but included the regular one for comparison. DYDD. The targets I put on the chart are conservative. Conceivably a $3 to $5+ stock. In the medium and long-run I think it makes new all-time highs. Technical Analysis doesn't have to be fancy.
The USDOLLAR is continuing its road to zero and ignorant bitcoin "investors" and "experts" have no clue what the real reason for their magic beans going up is. Bitcoin is behaving pretty predictably. In the details can't tell if the price stays around 20k for long, or keeps going up, going to depend on how fast the USD falls. Depends how excited the crypto...
The curious case of XRP - "Facts should be at the core of every decision you make, but getting to those facts are proving to be difficult in an unregulated crypto market where maximalists and propaganda play on your emotions." Let's start with PRICE vs VALUE. These two are not the same, and PRCIE does not reflect VALUE. Finding differences between price and value...
Looking at the chart for the past two days several ideas came up to me: With the support level being retested at 47 instead of 45 it has bullish sentiment and after the most recent analyst calls they have absolutely affected price as can be seen 9/24, 11/20 & 12/7. 12/8 we see a Doji.....What if you had an idea to buy a stock but didn't like the current price so...
A nice swing breakout seen in bandhan bank with good volume on daily time frame. It has good fundamentals, We can expect a huge move from here.
This is an amazing chart the shows real-life performance of SPY adjusted for the Fed printing money. This the Daily Candle chart.
The k23- best car kandi offers- is worth over 15k something. You can buy a normal new car for less than that. Heck you can buy a hybrid gas used good car, fusion accent accord etc for the same price. The kandi car is not even a normal car, its more like a bike with a cheap car body parts. I bet you drive this for 1 year and recycle the whole car- throw it to the...
Buy NYSE:FSLY at current price. Loss of tiktok business and lowered guidance priced in. TP - $100 TP2 - $120 SL at $59 or bag hold depending on outlook
NYSE:MPLN $9 - Take 50% Profit $12 - Take all
If you're a fan of cryptocurrencies, you may heard the news about CARDANO ( ADA ) is going to have a HARD FORK in following days.. Let's check it out together what is a HARD FORK (or a SOFT FORK), and how is it going to impact the price??? What is a FORK??? As you probably know, the information recorded on the Block-chain cannot be modified. When a Block-chain...
Idea: Long FTSE 100 for the next 6 months Rationale: On the technical side, 50 Moving Average (MA) has crossed its 200 MA. This is a strong bullish signal called Golden Cross On the fundamental side, FTSE 100 companies generate more than 75% of their revenue outside the UK. The index includes many companies in the financial and energy sectors which are...
-Thank you for reading this idea! Hope it's been useful to you. -Remember this analysis is not 100% accurate.Use it with your own risk. -Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge
Nikola This stock goes to show that at the market anything can happen and fundamentals and technical analysis just don’t matter ! let me explain. What ever analysis you try implementing on NKLA chart you will receive no logic , no cycle, barely any resistance and support levels, and hardly the ability to analyze the price action movement according to any past...
I wrote about this when they dropped below $2B, but then bottomed out at $1B and are not back up to $4B. Alcoa is one of those storied brands that can never catch a break. There's always a lawsuit or downside event that catches them off guard. Recently though, they've made a pretty incredible recovery, and clearly there's more appetite for the comeback story of...
What drives the market in general over the long term is rather simple. On the inflation adjusted chart in particular we can see how the stock prices were impacted by the policies of Reagan and Clinton (which continued the same policies but under another name because they are from a different party). It is enormous, explosive, impossible to miss. As you can see in...
I have a lot of friends who have gotten wealthy by getting into Bitcoin and Ether at the time both were very cheap and experimental. And that made me wonder for the past few years about them. I'll be referring to all cryptocurrencies as bitcoin just to try and capture the essence of the beast without diving too deep into nuances and details. Do they have any...