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Sublime_Trading

Nvidia, a renowned tech industry stalwart, is navigating through market turbulence, having witnessed its stock soar to record highs and subsequently decline, leaving investors pondering its future trajectory. On August 24th, the stock marked a record $502, but the $500 level acted as a psychological barrier, triggering a 15% retreat from its peak as it likely...

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The crude oil market has been a whirlwind of activity, with prices peaking at $129 in March 2022 and plummeting to $63 by May 2023. This volatility has led to a broad consolidation zone, stalling the formation of long-term trends. A pivotal support for these fluctuating prices has been the weekly 200 simple moving average. This indicator helped the price rebound...

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Michael Burry has placed a substantial $1.6 billion bet on an imminent stock market crash, representing 90% of his firm's assets. Known for his accurate prediction of the 2008 US housing market crash which netted him $100 million, Burry's recent move follows a 500-point drop in the Dow Jones in just two days. Despite this downturn, the Dow Jones has shown a...

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Berkshire Hathaway's stock recently displayed encouraging growth, with a notable bullish surge on August 7th. After reaching its zenith in March 2022, the stock suffered a 28% drop. By October 2022, the stock steadied at $260 and recently made a bullish stride, briefly outdoing its past record. However, this new high was marginal and fleeting, as the stock soon...

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Uber Technologies Inc, the prominent American ride-hailing company, has recently reported its first-ever operating profit, signifying a successful shift to profitability. The company posted pre-tax earnings of $326 million (£255 million), a significant improvement from the previous year's operating loss of $713 million (£558 million). The turnaround is primarily...

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Tesla, under Elon Musk's leadership, is spearheading an automotive revolution with its focus on vehicle autonomy, which significantly influences its market value. Even though full self-driving capability hasn't been achieved yet, this prospect alone has powered Tesla's value, contributing to a remarkable 130% increase in its stock this year, with a notable 34%...

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Palladium, which hit an all-time high of $3433 in March 2022, has since experienced a major downturn, plunging below the $3000 support level and losing 34% of its peak value by the end of that month. The downward trend persisted throughout 2022, breaching the critical $2000 level in October. A significant bearish move in February 2023 further pushed the price...

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Amazon is once again proving its innovative prowess by negotiating with key players like Verizon, T-Mobile, Dish Network, and AT&T to offer budget-friendly or free mobile services to its U.S Prime subscribers. This groundbreaking step could transform the telecom sector and strengthen Amazon's position by merging e-commerce and telecom. Bundling wireless plans and...

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Netflix has made a strategic move to curb account sharing by nearly half its global user base to boost revenue and subscription rates. The policy checks a device's IP address to confirm single-household usage, but tech-savvy users have bypassed these restrictions with a VPN app, Meshnet, muddling Netflix's ability to identify user connections from different...

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From October 2001 to July 2021, Amazon shares rocketed from $0.27 to a record-breaking high of $188, a stunning 70,000% rise. Remarkably, during the height of the Covid-19 pandemic, Amazon's stock surged 23%, contrasting sharply with the S&P 500's 19% dip. However, in late 2022, Amazon faced a downturn, with prices falling below the $100 mark. After hitting a...

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Nvidia, a tech industry leader, has shown remarkable financial growth. In Q2 2022, earnings per share were $1.36, dipping to $0.58 in Q4. However, Q3 2023 projections are promising at $0.92 per share and a revenue of $6.52 billion. In October 2022, Nvidia's stock price, initially heading towards $100, found support at $108, marking the start of a bullish trend....

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Bitcoin may have a moment of Deja Vu as it revisits the $30,000 round number. This low was formed in January 2021. It also held as support between May and July 2021 before price went on to create record highs of almost $69,000. A descent followed over a few months and in May 2022, price returned to the $30,000 round number. This level acted as support for a few...

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Burberry is on set to continue creating record highs. Is it too late to invest?

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The previous all-time high from September 2011 at $1920 is playing a major role in price action yet again. Price reacted to this level in March 2022, where the high of that candle also tagged the current all-time high at $2075. Price failed at both resistance levels and went on a decline, creating a low at $1614 in September 2022. November 2022 through to the...

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Since my last live stream, where I demonstrated that the Dollar is likely to show signs of further weakness, it has fallen another 1%. Could there be further moves to the downside? Let's take a deep dive.

15:01

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Bitcoin has already moved up 6.3% for 2023 and we are not even halfway through the month. Let's take a deep dive and see exactly what that means.

21:39

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The US Dollar has now broken down below major support. Will this breakdown be followed by huge down moves, or will support help price back up. Check out today's stream for the full analysis.

14:59

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This is a follow-up to the USDJPY streams which now appears as though it could be returning back into bullish territory. I will also be looking at some other forex charts. Don't miss this analysis!