I am not swinging this one, even though it is tempting. I recently sold NVAX at 15% profit, and due to strong correlation with MRNA I was considering selling my MRNA as well, in which case I would have made 14% right now. However, I decided to hold because of 2 reasons : 1) AstraZeneca just took a major hit (if you don't know about it, catch up on the news)....
PLEASE READ THE ENTIRE POST, IT MIGHT JUST SAVE YOU A SOUR INVESTMENT I have been following MRNA for about a month now, and something interesting has happened that not many people know about. On 4 September, news came out that the CMO, the President AND the CEO have sold large if not all of their holdings.* Now the company says that this is no reason to panic....
The bear run seems finished for now, trend reversal is happening, if you are looking to get into NRG now is a good time. The dots are indicating a trend reversal, a tool you night not be familiar with, the Stochastic pop and drop. Please hit like if you found this helpful, Thanks!
SU SUNCOR is oversold, and I'm using 3 indicators to confirm that. The reasons why I bought now: Warren Buffett added SU George Sorros added SU and lastly, because it is oversold. It is also a common consensus that this company will flourish if JB wins the US election. Happy trading and hit like if you found this useful and helpful. Thanks, E
NVAX is HOT right now. Earlier yesterday I expected a pullback, but there is no way of telling when the buy craze will end. What I'm monitoring from the chart: Momentum, to indicate a possible trend reversal - for now the momentum is still HOT RSI, also to monitor momentum and buy power - right now the buyers are in firm control Bollinger Bands, to monitor the...
I just closed a trade with 15% profit in NVAX after the recent bull run. I believe you should not be too greedy when it comes to taking profit. I predict a small selloff will cause a minor correction, we might see a return to $100 since there are strong selling indicators. And then a buying opportunity is present. Hit like if you found this helpful or...
I love trading SLV instead of XAG. Simple reason, you get all the price action but you don't trade with leverage (at least on my trading platform I have that option) I'm in for the long term with SLV. Might do a few small trades if the market signals are significant, but largely I'm HODLing. Silver has been receiving lots of positive publicity lately wit Warren...
BAC is on a strong ladder pattern upward, bull run can be confirmed looking at RSI. Possible Next stop 28 and depending on market reaction, a retest of upper resistance.
MODERNA going through a correction, support at $52
The technical indicators are confirming a positive uptrend to retest 55 and then possibly 60 after the market correction at 42. Possible stop loss / entry exit points for swing traders can be seen in the highlighted area above. Please hit like if you found this helpful, I'm looking forward to your constructive and respectful feedback. Best Regards, Ev
After yet another failed attempt at $12k, sell power has caused a market reversal. From the chart you can see a head and shoulders pattern forming and BTC might retest $9k support line. However, this might just be what is needed to gain momentum from a new entry point at $9k, shooting us back up to retest $12k.
This is not a popular outlook... but look at it. You're looking at BITSTAMP:XRPUSD ALL TIME. JUST LOOK AT IT. One epic failure. Technically, XRP should have done lots of things. Many empty promises and predictions remain unfulfilled and I can't help but wonder why. XRP had so much potential. Great partnerships. Great support. Great tech. But where does it...
It's hard to say where we might end long term, today ETH broke through a yearly high. As always, we will see the correction at some point, so keep a hawks eye on the price. Momentum is strong, buy power dominates and bull signals are loud and clear ! Please hit a like if you agree :-) Regards, Ev
The HODLers held and we are on our way up. Next stop $14k by years end? I like a KISS approach when it comes to charts... More for confirmation of a trend than prediction. Especially in crypto. I take a partial Efficient Market hypothesis approach when it comes to charts and crypto. Cryptocurrency and blockchain is still a baby compared to the stock market. It...
Publishing an update on my chart a few days ago, so far BITSTAMP:BTCUSD did not hold Support line 2 and we are seeing a strong bear trend. My prediction is support $11000 Thanks for watching ! Hit like if you found this helpful ;-)
A very simple and clear chart above, from which you can see a 89% correlation between NASDAQ:EBAY and NASDAQ:AMZN . The built-in CC is used over a month period to look at possible correlation between the two, and well just as I expected. The future is online shopping. Do with this info as you see fit, and hit like if you found this interesting ! Best Regards, Ev
The biggest indication here of a BEAR SIGNAL is the RSI pointing to a divergence (going the opposite direction as the price line). Unless someTHING miraculous or unforeseen happens this week, as it often does in the crypto world, we're heading right back down. The bear signals have already made their impact, I believe many might panic sell (coughcoughDAVE) BUT...
Below you can see 4 indicators pointing out that BTC is currently overbought. Take a look at my previous post to see what indicators I use and what they mean. At this point we will have to see how the market responds to BTC being overbought. What happens often, is many traders use this as an indicator to sell. That is why we need to keep a close eye on the...