One call option with strike at 305. The base is simple - Recent FOMC announcement revealed that the Fed will continue to push the market higher. The hitting of a new high level signaled the buy.
Have been rather dormant since the end of the earnings season. To be honest, I have been researching reserve capital as a measure to decrease the strain on nerves. However, the second side was that I did not like the cash being idle, so I have been looking at sure ways to make money. For now it looks like 10% per annum is the standard that anyone can...
The fact whether the scandals have affected the earnings of FB has been on many minds. Basically there are two options. Have or haven't. I doubt that there is a neutral way. So the stock is set to drop or surge on 25.04, when the earnings call occurs. If you look at the chart, you can spot an almost horizontal channel - that represents the waiting. I have...
I actually am not doing anything with it. Just sharing. This is the massive pic of the 3M stock. Note that there is a large scale channel down pattern. However, I think that it will get squeezed in between the resistance of that channel down pattern and the Fibonacci retracement level, which is shown on the chart.
Repeating myself...watch the purple line. If it ain't broken, a decline on short and medium scale should begin.
Just look at that pivot point. Ignore fundamentals. MSFT is about to either jump or drop down. Watch that pivot point!!
The stock broke a couple of support levels today. It is still messing around in limbo around the weekly PP, but this is how the set up looks like.
Recently another passing of another support seems to be providing a good entry for a short.
I am making a small bet that after the recent decline APPL will recover during April. The reason is that my TA shows a 1:4 risk to return possible set up.
The stock is in an ascending triangle. Note the high level horizontal resistance, which has held its ground three times. And see the support of the purple channel. They make the triangle. Watch, as the situation develops.
Well.. Lets see whether that combo near 174 hold and the Apple gains more. By the way, Buffet went long on this one. The results of him announcing that can be seen in the previously active junior channel (black one)
The recent news and the jump caught my attention. BABA is finally above 200. However, that level held its ground as a resistance. So I mapped it to see, whether the just discovered pattern holds.
When the stock broke the purple resistance on March 12, I decided that there must be something else here.. After a couple of days this set up was born. However, one can observe that the stock is at the junior support (black lines) Meanwhile, note the risky speculative way that I have set the Fibonacci ratracement levels. See how they exlain the recent...
I just noticed that the stock has revealed a medium term channel up pattern. Lets see, if it holds and reaches the 100 mark by the end of March.
If one is lazy.. this is where cash could be stashed.
The first time I noticed Nokia was when they suddenly beat their profits. At the time I noticed what a disaster has the company been since 2007. It got some respite, as Microsoft bought it, but it did not do a lot of good. Even during 2017, when the world experienced a record boom, Nokia was like - Hold my beer! - and the stock went down. Recently the price...
I am too tired now to add a full comment. Might bounce in during the weekend.
I wanted to take a look at a stock that I actually have been admiring for some time. Namely, since 2015. After the diesel scandal it was an amazing bargain. However, I did not buy the stock at that time. I had one simple reason for that. – I was pi**poor and paying for my master’s degrees. So... the stock bounced back in my sights and was actually one of the...