Consumer staples tested and got rejected from a critical trend line this afternoon. The sector has been strengthening due to demand for groceries as economies reclose. Today it also got a bump thanks to news that people with incomes less than $40,000/year may get a second round of stimulus checks. This ought to help juice consumer demand a little. I've also been...
Dear community, I welcome you to the latest review of the Bitcoin weekly price chart! Today we will look at Bitcoin through various tools, such as Ganns resistance and support, Trend analysis and Tom DeMark countdown indicator. As we can see from the chart, over the past 9 weeks, bitcoin has grown rapidly, and currently maintains its bullish trend . But despite...
W chart, M chart, D chart...RSI is overbought, price to MA200 is higher of 10% going up to 45%. Take under consideration that fundamentals are OK! meaning, some drop in price value is likely, but it can be as well just one more opportunity for a buy position, by and hold,
Hey guys and girls:) I just want to tweet something:) In a case that the price level fell bellow MA200, which is in this case right now sustainable support level, and in a case that RSI holds his value below level 50, the price of TWTR can fell down for 10-15% in value in coming days. Please note that this is D chart and my trades are not for scalpers, and as...
USD no longer seems a trustworthy value reference and thus we must use Gold and Bitcoin, whose supply is not controlled by central banks. Taking a look at this chart we can understand the BTC bottom in March, but we can also see that the current uptrend was broken last week. Thus, I expect a correction in BTC price down to well-known long-term...
Barclays' CAPE Shiller ETN provides equal weighted exposure to the 4 sectors most undervalued (via cyclically adjusted price to earnings ratio aka CAPE) with relative price momentum in the SPX500 Universe. So far it has been outpreforming the SPY CAPE has a 0.45% expense ratio vs the 0.095% of that of SPY Manage your own risk Much love GL HF xoxo snoop
The bad news with Pfizer's clinical trial is great news for traders and investors. Why? Because the 'bottom' has been gauged by this piece of over the weekend news. The bad news does not materially affect existing revenue stream and earnings. The lack of movement intraday suggests that institutions have completely priced in the negative effect of the news...
Great fundamentals and ratios - recently broke the key level at $85. - A pullback to $85 would be a great buy targets: $105 $125
Hello, Dear Subscribers! We had a pause in Bitcoin trading because of halving speculations. Currently the price action stabilized and we are ready to continue trading with new energy to power up our analytics! During halving Bitcoin's price tended to break $10 000 level due to whales manipulations, unfortunately for them majority of market players now have much...
AMX AMX is going up! 1st Objetive up to +19,00 Then 2nd objetive +23,00 to +26,00 MACD and RSI on our side! High resistance point reached, now we go up! Great for 1st objetive +12,37 to +19,00 means +53,59% in USD. Have a Nice Day!
(Plz like & comment your opinion) BTC now back into the previous range b/w 9.7k & 9.9k. what we can expect from here is to btc probably will attempt again to break the 10k resistance level. Thank you;)
Good morning traders, we have a few hours before Markets open, so we can analyze yesterday´s trade in the LITE market. Truth be told, I have more than 80 markets in the Short watchlist and ONLY 10 markets are ready for a nice rally. It hasn't been here for a long time. INSIDERS increased Long positions and stopped the market at the edge of the Value Area. And...
By observation of historical price and value area, I have found that after a specific time of value always shift to new value and price stay there for a while. For the new value, looking on 9th May 2020 as showed in up and down with the labeled as "NEW". Yes, Its so hard to predicting next shiftin g value area but its possible by looking at the volume...
This is similar to Delta airlines. Very possible to swing up. High probability. Needs patience. They got funding. They have crappy debt. No cash on hand. And financials aren’t so great. But they are America’s airline. And they are the worlds largest airline. America won’t let this airline fail. At 10$ it’s a steal. Check out YouTube for the CEO talking about the...
Delta airlinE: DAL hasn’t recovered at all yet. Looking at historic delta airline price levels, it was consistently high. They were actually growing. They also have dividends. The CEO came out and said positive things. They received government funding. They also have good cash on hand. youtu.be/VuauepBwefQ - CEO talking.
Bristol-Myers Squibb says it has seen no major business disruptions and expects no decrease in global demand for its drugs this year. That means the 3.5% dividend yield should stay stable, and BMY is a great value at 1.3 PEG. BMY also just got FDA approval for a multiple sclerosis drug, which could turn out to be a pretty big deal. Most of the market has been...
Due to pandemic causing market uncertainty and panic selling. I believe Tesla will drop $100 in value this week alone and will continue to sell off and return to upper $200s after April earnings. Accelerated sell off + Decline in production = Short term loss of value I am a Tesla bull but I do see it dropping and hope to load up on more shares at a fair price