badbeatnuts

badbeatnuts

SOOO many burns trying to short Tesla (not me but stories online - I stay out of it totally) - but mayyyyybe this time? I just do not see any further hype, news, fundamentals, technically it is a disaster etc. Correction pending in my opinion

badbeatnuts

This is coming directly from Gandalf, honestly. How come a 2.5bil market cap company make about 3 bil a year in earnings? They are restructuring revenue streams and while the revenue has spiked enormously in the past years while earnings are kept about at the same rate, this should change in the future. It is heavily underpriced and perhaps the Chine delisting FUD...

badbeatnuts

Very high growth potential and chart is looking bullish with technical upside permitted. I would put in some and wait for the next months.

badbeatnuts Updated 

I would be very cautious about the first direction this goes in as it most likely would be a false breakout and go the other way. Let's see.

badbeatnuts

Just curious how this chart will evolve in time.

badbeatnuts

2017 again, alt season holiday, BTC better stay in the 18-19k range while all the alts go up. ATOM is lagging currently so expect it to blast in a few days. 3 profit zones each with their own % profit.

badbeatnuts Updated 

Chart is looking horrendous but there should be a relief soon. Catch the relief and we can see if it goes to the top of the channel in due time.

badbeatnuts Updated 

Ok, 4 options (too many, too many): 1. BTC consolidates at this 19k level but money flows in alt-coins, decreasing BTC Domi 2. BTC drops from here but money flows into altcoins, decreasing BTC Domi 3. BTC continues going up to around above previous ATH, dragging all altcoins down, killing all previous supports, increasing BTC domi - next moves from there...

badbeatnuts

The candle from last night should be a proper signal, having broken the previous top now turned support, that further downside is expected. I am also seeing a completed ABC correction with C being higher and a temporary price top has been set. We should see movement down as vaccine hopium and post election swag is wearing off. Besides, RSI is nowhere while we had...

badbeatnuts

Albeit with what seems a short squeeze, SPG broke above a couple months channel that had it locked up in sideways movement. I expect a small consolidation at this level and given that the vaccine news holds and that it posts progress from previous quarter, then it should be going to 100 very soon.

badbeatnuts Updated 

I think we just completed wave 3 down and should move to fib 50 for wave 4 and then final wave 5 down. Also coincides with ABC correction before we can continue march up. I would monitor the fib .50 level, could go to .618 or .786 even at which point, last wave 5 down/ C wave could not come to fruition. For now, let it go up but be ready to pull trigger on some +...

badbeatnuts Updated 

1) Fib 0.5 retracement 2) Previous Trendline Support/ now resistance 3) Horizontal previous support 4) Descending Upper Trendline from previous high top Don't see any meaningful wave analysis here. It may be worth jumping in some alts at this time but be cautious of further break upwards. Indicators not telling us much at this point I would like to see divergences

badbeatnuts

Important zone below, if it falls below it down we should visit bottom of parallel channel, alternative would be to go up to top of channel and then we should see what would happen. Covid cases may impose restrictions on global level thus if everyone expects a crash, we might actually not get to it due to contrarian ideology. Vaccine news are to be expected soon...

badbeatnuts

Technically we are support from both parallel channel and horizontal support from previous periods, divergences on the RSI, MACD on the daily TM, wave 5 completed and it just seems that it should fly soon. BUT, if BTC keeps going up and the dominance cannabilizes the alts, then this would go down further. Best scenario would be for BTC to settle above the 12k...

badbeatnuts

Ok, so BTC going up with BTC dominance crushing it. BTC following stock market but XLM is against the trend of alt selling atm. Perhaps it could find the power to jump up from here. Looking at the 4hr chart so it might be worth it to put some in within this area marked in red.

badbeatnuts Updated 

Very risky situation, after breaking up from previous resistance zone, the index is now at a crossroads. Would it continue up to complete 12345 (after some correction first) or would it massively go down similarly to wave A to previous lows? Overall, sentiment seems positive but UK just surprised with more job losses the previous month and higher unemployment...

badbeatnuts

While I absolutely think that NIO can grow very, very big with the gov's help and with the recent equity injection, I think it would happen at a bit later stage. Technically speaking, the stock is inflated and needs to reset. JPM gave it a last burn boost to hit high today but don't see it continuing at this point. So, a very risky sell for me with about 50% of my...

badbeatnuts Updated 

Ok, so this one underwent major transformation from dealing hardware to becoming a fully cloud revenue business. Currently stats say that 90% recurring rev at around 60-70% margin on the products. Soo I think this is not getting the deserved attention as it should. Probably still hated from the dawn of the phone wars but it has just attempted to break-up the 2018...