I am just here to troll the smart people who bought Tesla @ 300 PE Expecting it to fall to the 150-160 levels.
Zoom is a great company to hold on to , But you cant judge based on shorter timeframes. You need to start Dollar Cost Averaging in this Range for the next 18-24 months. This is where the consolidation happens. I have 200 shares and ready to buy 400 more for the next 2 years, I am long in 5 years time horizon, but in the near term 180-190s is in the cards, Hence Short.
Save some Cash, Start Nibbling from lower 60s. But Best Time to enter would be Jul 22, But more importantly Dollar Cost Averaging. ARK funds are a long term play. It was never meant to Rocket Up the way it did during Covid 2020. Now after its back to earth, look for 5-7 years steady growth.
If it breaks the 50 week MA, it may form a descending triangle / descending wedge. and test the next support areas. The Price can fall much sooner than that. My Ideal Buy zone takes us back to previous highs of Dec 2017.
All of the valuation is in USD $$ , All its cashflow depends on higher $ value of crptos. If Crypto market is down , there will be less earnings for Coinbase. Coinbase is working on new products which will eat away into its profit margins. But sooner or later it will bounce back . So long term Bullish , Short term ( 6-9 months ) Bearish.
Short Term Quick Bounce to Low $140s expected. Longer term we all know its a 3-5X bagger. On the Weekly Timeframe Bullish Divergence on RSI and MACD. Bullish Harami Candle Stick Pattern. We will see an uptrend soon. Short term we have to expect some volatility but buy on the dips and DCA. Caution: Also , for a stronger confirmation before going all in, i will...
People who are referring to Charlie Munger , Ray Dalio and other Gurus taking positions in Baba, prove again and again that we are retail herds. You know their positions for last quarter after 13F filings does anyone know their short positions and Option Strategies. TV Media / Youtube Videos and other blogs keep spreading the narrative about Baba is available at...
RSI Divergence on the Weekly. Patiently waiting with My Trash($$$) to buy the Dip at .618 FIb Level.
Bullish towards $93.9 - $94.3 in the next few days.. Not to get too excited.. this is a short term reversal given the weakness in the Euro.. I ll be surprised if this goes beyond ...
All Technical Analysis Pandits please take a look at larger timeframes. This can be extremely fast before the US elections, or it could be a steady fall till3rd Quarter of 2021. But a fall is coming.
My first analysis so please dont sue me .. Its obvious from the chart that Silver was overpriced with all the FOMO buying. Time for Silver Bulls to take some profits. Overall its Bullish in the long run, So buying the dips / Limit Long would be recommended.