Strong Buy - Looks like it's on the move has nearly returned to its previous level prior to the Covid Crash only 85% Roi but not bad for under a year better than the Bank. Financials still up the top of the Sector list Oil bound to hit $62 it's on a rampage that should last the week Oil pumps up Financials/Banks. Banks make more money than you can shake a stick...
Previous Trend up up and away. 514% recover best on the NZX Could go sideways for a while according to previous similar pattern 2 or continue straight up pattern 1 for a quicker 28%er. Cloud software sector subscription software provider. All very Trending at the mo. But supplies to the Travel industry go figure, goes to show subscription businesses work,...
This is what I reckon - 2 wave 5's coming up. quite a big sell off since Monday big boys making sure they take profit and not left holding the bag if it cascaded down, I think it has settled, everyone feels a lot happier, the pressure is off again. I still can't understand why Cryptos are not illegal, basically counterfeit money really ?
Incase you haven't heard Etherium has had a new protocol added to it so it will be cheaper to make transactions on the chain and they will also reduce the amount of Etherium available each time a transaction it made, making it more like Bitcoin in a sense before Etherium was unlimited now it's not. Sooo too the moon. " Until EIP 1559 goes into effect after...
Looks like it's still on the move - "Yemen’s Houthi rebels said they launched missile and drone strikes against a Saudi Arabian oil facility and a military base, as their attacks on the kingdom’s energy and security installations multiply." Multiply! sounds like this sort of thing will continue so up even more.
Strong Buy - On the move a quick 10% coming up if you ask me. Same as ANZ Oil on a tare so support Financial Sector Banks love Oil. Earnings have been declining over the last 5yrs if that matters in the share market world often doesn't so just buy what's on the move, still makes 2 Billion a year, I don't think they're going anywhere. See below for various...
Strong Buy - Have re set alert a couple of times on Telstra looks a little bit volatile but looks to me like it is on the move has broken above downward trend line also. Return on Assets Return and on Equity is Green so that's good, Revenue has been dropping since 2016 yoy but still makes 1.8 Billion net profit a year that's more than me wowza ! So could be a...
This that or the other end of the day still up. Michael Sailor still driving the ship buying up like his companies life depends on it trying to convince the world that it's a good deal, a lot of people still scratching their heads like me wondering what the hell this Bitcoin Crypto thing is even after 10 years, "but oh well ok we might as well jump in we got a...
IS THIS THE DIP- I have been following the recovery using the 2008 crash recovery pattern and it is beyond belief how closely it is following give or take a bit Nasdaq has overshot actual high by a few weeks first posted Jan 28th, so I have just dragged it along a bit to form fit better. If the Nasdaq closes below the red line, breaks Support, which usually...
Strong Sell - Shorter time frame. Seeling pullback Same story USD weak Oil Cad Strong Financials Strong DXY falling has target to hit lower All go together Elliot Wave projection on Chart RSi below 45 Macd Below Zero Moving Average turning Down Will see as a great man once said : )
Strong Sell - Little bit late to the party but whats new Cad still alot stronger than the USD all the talk about the US Dollar is it's getting printed into oblivion so it makes it weaker in layman's terms, the CAD is highly correlated with Oil and Oil is still making a Charge, all-time highs this year back to the previous level before the Crash and did it crash...
Moving fast Hiccup with Tradeview Urh! Best time to buy Jump in clothes en all imho
Pattern has been playing out pretty closely consolidation. Break out starts NZ open then Aus - Tokyo - Sing - Shang - Hk In close succession for the Asian Session tomorrow. Will see I suppose.
Strong Buy - Bound to hit Target clean candles to the right usual thing. Looked like it was going to go lower last week but did the turn around thing.
On the move - Broke out London Session now breaking out New York Psychological level 54k then on to hit Elliot wave target 54k and some change for now USD also weak trending down DXY imho
Return to previous level - seems to be one of the more popular ones, Mark Cuban thinks it has a lot more uses than Bitcoin and eventually the masses will pile in even more, something about buying digital art or something. Same deal with Lite Coin Return to previous level
Tesla loves Bitcoin Now it's really going to Mars, this is history in the making. "The surge higher comes after Tesla disclosed in a SEC filing on Monday that it purchased $1.5 billion of bitcoin. Tesla expects to begin accepting bitcoin as a form of payment for its products in the near future." People will buy Bitcoin now just to buy a Tesla with it, how...
My opinion from just looking at the chart first glance next target. Oh don't forget Crypto has hit terminal Velocity it is on Fire Fire there is only one way it will go and as Paul Tudor Jones said it is going North. There is no way in the world it can crash from here Gold is Old School risky as hell.