Morchella

Morchella

“The intelligent investor is a realist who sells to optimists and buys from pessimists.” ― Benjamin Graham, The Intelligent Investor

Morchella

XRP is stuck at 0.70 USD since the 24th of Nov. Support to initiate a long position lays at 0.54USD. On the up side the 0.236 Fib retracement level from the 2017 ATH will act as Resistance (0.90 USD) Judging by the one leg spike of the cryptocurrency, the retest should occur, unless the Fomo is getting too strong. RSI is overbought, last time it occured the...

Morchella Updated 

RSI suggests channel upper band rejection at actual level (470 - 480USD) Not necessarily bad Long Term but I would rather wait for the correction to happen ( price range of 380 - 400USD) before going long. Will maybe play out differently with launch of ETH 2.0

Morchella

Classic symetrical triangle breaking. Huge gains theoretically to be expected. 0.618 Fib level represent a +70% gain (145 USD)

Morchella

*************BEARISH************************ Crypto Fear & Gread at ATH (alternative.me) UP 60% in the last 6 weeks RSI hitting overbought on the weekly chart Reaching Psychological ATH resistance level Fibo pull back 12k300 *************BULLISH************************ Institutional buying Stock 2 Flow Recession hedge Retail LT holding Fibo next...

Morchella Updated 

With low volumes, an Aroon and RSI showing bearish signs, it's not too fancy to wait a drop below 7000 USD and buy on 6000-5500 USD supports in the next 2 or 3 months. ********DISCLAIMER******** Hello guys, posting these analysis publicly to share my trading ideas with my classmates. These ideas are normally made for my own usage and published as...

Morchella

POTUS want's to settle the election results in Front of the Supreme Court invoking concerns over mail-in-ballots fraud. Last time an issue over the U.S. presidential election results occured (in 2000, G.W. Bush vs Al Gore) S&P500 tanked by up to 10% in one month after discord over Florida's election results... Thus, it's quite unlikely that today will be a quite...

Morchella Updated 

We could witness some erratic moves on the stock like the one of march 2019. Aroon Up crossing Aroon Down upwardly, RSI slightly overbought with a bullish divergence pattern. Trying to break the pivot price of 1.20$ dictating the trend for 1 year now... ********DISCLAIMER******** Hello guys, posting these analysis publicly to share my trading ideas with my...

Morchella

RSI showing bullish sign, but nothing show the bulls are accumulating positions according to Net volume and Aroon.... Should check fudamentals too... ********DISCLAIMER******** Hello guys, posting these analysis publicly to share my trading ideas with my classmates. These ideas are normally made for my own usage and published as private, but I'm posting...

Morchella

RSI showing bullish signs, as stock goes flat for some time now, could mean a surge. Aroon Down showing signs of weakness, but no upward cross right now on a Daily range. Should check fundamentals as well... ********DISCLAIMER******** Hello guys, posting these analysis publicly to share my trading ideas with my classmates. These ideas are normally made for...

Morchella

Both RSI and Aroon show bullish trend . In a short term could reach 7.20 and even 9$, giving a 38% return on investment possibly... ********DISCLAIMER******** Hello guys, posting these analysis publicly to share my trading ideas with my classmates. These ideas are normally made for my own usage and published as private, but I'm posting them publicly as part of...

Morchella Updated 

Bullish divergence on the RSI, price hit historical low.