A big big monthly Head And shoulders Pattern on ETH/BTC. Hypothetically this could happen. If you are holding Eth I'd keep hold of it ;) My opinion is that fundametally central banks monetary policy (printing money and stimulus) is favourable for Ethereum and Bitcoin. All the best for everybody! If you are trading use stop losses, and don't use too big...
Description: An analysis for the week ahead. Points of Interest: $3,580 Balance-Area Boundary, $3,506.25 Excess Low. Technical: After an initiative upside drive on news that another COVID-19 coronavirus vaccine developed by Moderna Inc (NASDAQ: MRNA) was 94.5% effective, U.S. index futures pared gains as participants struggled to maintain higher prices,...
Simple analysis for the near future shows Stochastic RSI hinting at a reversal. Possible "W" bottom formation followed by a higher low. Ascending support line. Strong buy volume. A positive weekly candle close could push price towards 30 cents. Negative candle will send price to retest ascending support line around 22 cents. Flipping that 30 cent level...
$AMD is a workhorse. Everyone will use $AMD in the future. I will post a fundamental analysis next.
Hello Friends in Trading I've been playing with an idea, but it's going to take days to complete. Lots of hours and work will have to go into it, so first I want to determine if there is a demand for my idea. I want to do a thorough analysis of some of the top names that always pop up in the news bar on the side. Often you'll have one article saying " BITCOIN IS...
Prescription medications via Amazon online store! Announced two new pharmacy offerings to help customers conveniently purchase prescription medications. Key Points: secure pharmacy profile with added insurance information manage prescriptions secure pharmacy profile prime members free tow-day delivery low price leader Key Levels: VWAP: 3113.85 52 week...
just now As the weekly candle closes for Zcash we edge closer to a decision point. Following a major multi year sell off that was briefly interrupted for a few short rallies ZEC has been forced to a point of decision. It just so happens to align with the reduction in supply in terms of block rewards. Possible "W" bottom formation followed by a higher low on the...
VIX has dipped extremely hard as media outlets project the election results. It has wicked off of 22.5 a couple of times and there is still a lot of uncertainty considering the news hasn't made any major announcements on the election since projecting Biden winning and the idea of voter fraud being taken to court seems to have brought the US to a halt. I feel as...
MLCO has been trading very emotionally during COVID 19 and has bounced between support and resistance nicely. As we approach potential for vaccine and retail preforms this company could continue to post higher revenues as it recovers from Covid-19. After the earnings beat the stock jumped and saw prompt selling and price has pushed back down to the Gap/Imbalance...
They're undervalued on paper… But they're under-performing. Unlike with $CSCO they just don't have what it takes. They may exist in 20 years, maybe I'll consider it then. I just can't see future value even if they make arm chips, If they don't launch an ARM in 2021, or at least showcase one at CES I don't see them surviving the decade. Approaching 50% debt,...
XOX currently in major downtrend based on parallel channel and its riding Correction Wave B to find a new Lower High. There are potential limited upside to meet resistance @ 0.170 with Support @ 0.09 (RRR 1:2.2). Breaking the downtrend channel could bring XOX to a new uptrend Impulse Wave 1 with Resistance area around 0.245 However, if 0.09 support is broken,...
KMB has a nice entry between $130-$135 and this paper company looking like a buy on the stochastic and MACD may give this stock momentum for some profit taking...