Monthly View, the chart did not play out (green arrow). I am thinking Crypto will go into consolidation like it did from April 2019 - Nov 2020.
No, it isn't too late. Zoom Video has lower barrier of entry for business to conduct webinar or video conferencing. In this climate of COVID 19, the use case for video conferencing will soon eliminate the need to rent a place to conduct meetings or seminars. Although live meetings and seminars are still preferred but look at the costs of the following: 1. Cost to...
Why did Gold drop, when DJI reached 19500? Short answer - Margin Call High leverages employed by businesses & individuals that presented the HIGH credit risk that the world is in today. Cashing out to meet margin calls from gold is a sound strategy only if it was used for hedging years ago. Warning, there are still traders & institutions who are leveraging at...
Broke down below Trend Line support. Target: 2.67 & 2.40
Will DJI rally next week after its biggest rebound since 2008? Previous Price Action looks to confuse traders and investors; since 2nd to 11th Mar Dow Jones Index been a falling knife at every intervention. President Trump may have chosen to declare national emergency to combat the Covid 19 just 30 minutes before the market close to catch the short sellers . He...
Price has fell in an ALMOST clean move from 1.408 to 1.378 I am expecting it to test 1.374. If price bounces off 1.374 wait for a clean move before entering, otherwise downtrend continues when Feds continues with rate cuts just to "save" the economy from the effects of COVID-19.
Watch for breakout or retracement. Next Support level 0.6678 Long with target 0.6755 if broken out 0.6678 Short with target with 0.6594
China Tower has bottomed to 1.6 which is a mid point between 1.55 and 1.65 since its IPO. Today's rebound to 1.7 seems promising for it to break out. Price Action Targets First Target: $1.82 Second Target: $1.98 (if broken out of $1.88)
There is still room for the price to test the most bottom channel line. Currently tested the support for 2 days, and on the third day buyers started to show up. This is ripe for Long.
Since finding a bottom near $43 in November it has formed a higher low around $45. A rebound could be happening soon after Month long consolidation since 12 Dec 2019. Targets $47, $50, $55, stop loss below $44.8
I am going to paint you a story. Judge & Act for yourself. Is 26000 justified for Dow Jones? Should it go higher or lower? And based on what catalyst? Are the results, all there is, keeping Dow Jones at where it should be? e.g consumer spending, manufacturing results, unemployment. Does this chart not already placed itself at where it should be? 26th Oct...
This idea wasn't published until today and Price Action hit the target. There is still room for upside to 52.55 This is not a financial advice.
I am going to paint you a story. Judge & Act for yourself. Is 26000 justified for Dow Jones? Should it go higher or lower? And based on what catalyst? Are the results, all there is, keeping Dow Jones at where it should be? e.g consumer spending, manufacturing results, unemployment. Does this chart not already placed itself at where it should be? 26th Oct...
I am going to paint you a story. Judge & Act for yourself. Is 26000 justified for Dow Jones? Should it go higher or lower? And based on what catalyst? Are the results, all there is, keeping Dow Jones at where it should be? e.g consumer spending, manufacturing results, unemployment. Does this chart not already placed itself at where it should be?
Since Mark Tritton’s as CEO was announced on 9th OCT, the stock has risen too much. Possibly investors and institutions are viewing the new leadership as good news. This chart paints a story that the price after breaking out of the trend line resistance (orange) it has since tested many times the (now) support trend line. Fundamentally BBBY has room to deliver...
I am going to paint you a story. Judge & Act for yourself. Before the worst plunge on 24th Dec 2018 involving FAANG, the Orange Support Line has always been the Support Line and turned Resistance after market recovered from T Tweets. The Blue Line became the support during the trade war period. Please notice that every time the trend line cuts the support or...