BillionsFund

BillionsFund

Amex reported lower-than-expected 1Q earnings, but reading the report, it expects full-year earnings to grow between 10 and 15%. Historically the stock has moved above the indicated moving averages, only during the covid and this increase in interest rates has pushed to lower levels. My forecasts for the year 2023 are a trading range between 128 and 187 dollars,...

BillionsFund

Fibonacci 1.618. Hit. A rebound begins. 0.99 is the first level and it could be reached quickly. Macro data will significantly affect the dollar. A technical rebound is very likely. Step: 0,99 1,035 1,049

BillionsFund

Hammer on the daily chart needs confirmation, but the low price coincides with the Fibonacci level 2 and the static support of the November 2020 high. The stochastic is oversold on the daily, weekly and monthly chart is at 2008 levels. Previous situations always followed by a rebound. On the weekly chart, the rebound occurred followed by an increase in volumes...

BillionsFund

There is no rule that says that what has been done in the past must be repeated, but the Fib levels are respected. The Fed will still be aggressive in its fight against inflation and if the economy continues to slow in the fall, then the Fed could become more accommodative, initiating a weakening of the dollar, for a cycle that could last for a long time.

BillionsFund

At this time, after the release of the last quarterly earnings, the price is corrected around its fair value. As can be seen from the chart, the trading range is constant with important peaks. I would wait for a buy under only $ 35 at the bottom of the channel. By distributing a steady dividend, it is an attractive stock due to its constant upward and downward movements.

BillionsFund

Hey thanks for this drop, I needed cheap prices to increase my fund. It perfectly recognizes the Fibonacci levels from the low of the covid to the recent highs. It would be interesting to enter a double bottom near the base of the uptrend channel. An update will be released in the coming weeks. Let's wait.

BillionsFund

As always, the market does not like the quarterly. But he recognized the support and we are at the low end of the channel. The quarterly report was good, sales and volumes growing.

BillionsFund

The 30 moving average on this weekly chart has always been a very important support. Will it be this time too? We are at the beginning of the corporate earnings season, the job market looks strong and the Fed has taken a decisive direction. I cannot know if it is the beginning of a rise (have the lows of the decade been marked?) Or it will be just a rebound. We...

BillionsFund Updated 

In 10 years and more, this monthly moving average (mm30) has accompanied the Nasdaq on the upside. It is now in the vicinity of the moving average again. it is also in the vicinity of the 0.618 Fibonacci support. We will see in the coming days if this downward movement is at the bottom. Obviously, it is not recommended to place bets. We are certainly in a very...

BillionsFund

I have been using "Weis wave" for some time to identify trend changes and I must say that in the medium term, they are very precise. It seems the time has come for the Euro Dollar exchange to reverse direction, this week we will see if it is confirmed. If confirmed, it could be an important occasion. I am optimistic about a change of direction, however I am...

BillionsFund Updated 

I bought today on holding the holder. There is a good chance of a rebound. SL only break down Fib support. Long, to the moon :-)

BillionsFund Updated 

As I wrote in the previous analysis, I don't know where the bottom will be. However, I started to increase my long position. If the Ukrainian problems continue to impact the market, I will look for new entrants further down, I still have a lot of liquidity to spend. In less than a month the q1 quarterly will begin, and these in many cases will give confidence to...

BillionsFund Updated 

At the beginning of the year, I halved my position to 162. It often marks an important annual low in the first months of the year. End of February beginning of March it is possible to review an attractive price, if it reaches 143/145 I start to buy strongly. 148 is a good price, look Fibonacci level. i update in future. See you soon

BillionsFund

I had written that it was early to be bullish. What will be the end of the decline? I'm honest, I don't know. The week that has just ended has moved between level 1 and 1.272. Will this be strong support? If the war continues for a long time, this level will not hold and we will see 13400 and then 12900. For those who invest in the long term, they should start...

BillionsFund

Fibonacci levels are recognized perfectly. After a short bounce the nasdaq went down again. There is a small gap to close (dotted line), expect a double bottom in the 13737 area and then observe the new supports. It could be a great opportunity to incrementally gradually. I don't have the magic crystal ball, but volatility is a friend of long-term investor. I...

BillionsFund

The last candle is very interesting, Fibonacci 1 support is broken but the trend line has made support. Now? If it exceeds 1.12 with daily closing we have a bullish tren at least up to 1.123 and then 1.13; if it breaks the trend line it goes down to the 1.105 area. There is a good opportunity here, good gain.

BillionsFund

1 TP area 14770 2 TP area 15400 Sl area 14380 is an opportunity to bounce, hold sop loss close and close in gain.

BillionsFund

I bought at 278. It is a perfect stock with really easy movements for trading. TP 332 in 15/20 days. Oh yes.