With 2019 E3 (2019 Electronic Entertainment Expo) coming up next week. -- June 11th - June 13th -- I believe this sector will thrive short term. Important focus portfolio holdings are: NTDOY (Nintendo) -> 6.84% SE (Sea Ltd) -> 6.63% ATVI (Activision) -> 6.53% EA (Electronic Arts) -> 5.85% TTWO (Take-two Interactive) -> 5.11% * Remember to always...
Technicals RSI(10) @62 reaching for higher highs - OBV confirming trend ADX (directional index) on a continuing positive trend We see a very bullish move, as a hammer candlestick is formed at the 61.8% retracement level. ----------- This is happening as the market as a whole is on a rally. I would wait to see if we can break $68 (heavy resistance) on...
Zynerba crashed into resistance at at $16.50 on May 17th 2019, and went into correction territory. The engulfing candlestick today May 29th, 2019 is a very bullish sign ZYNE could go up to at least the $16.50 line. Technicals are not great, however I expect them to start confirming the bullish trend soon. Recommended trade: Long: $13.15 (20SMA) Sell-target:...
ADRO just broke a Resistance level @4.3 , coincidentally, we also broke the SMA(200). If ADRO can maintain its price above the SMA(200), consider the downtrend broken. Technicals: High RSI @69, OBV confirming. MACD>MACs CCI reaching 100, on uptrend. *Be careful and ALWAYS use stop-limits as well as price-targets Happy trading!
After Trumps tweet of raising tariffs, China's market is temporarily crashing. YANG is a China Direxion Bear X3 ETF. The index is having great gains. I expect it to reverse on Friday 10th / Monday 13th. Analysts still expect the trade to happen between China and USA. At this point consider buying YINN (China Bull X3 ETF). Other X3 ETF's to consider: SOXS...
May 2nd: DKS reached SMA(100) support line forming a Hammer candlestick. Technical information: RSI(14) @39 CCI(10) @-100 Support: 32.46 Resistance: 39.4
RSI reaching higher highs @70. How long can we keep it overbought? DUST is reaching SMA(100) which has been the on a YTD downtrend. Hopefully we can brake through the 25$-26$ to change the direction of that main trend.
There is a low OBV with a growing RSI. HSBC is also reaching a resistance.
Fundamentals: Verizon reported earnings for Q1: EPS for 2018-Q1: 1.17 Estimated EPS before earnings: 1.17 Actual EPS: 1.20 a Surprise: + 2.56% Revenue stayed at 32.1B, barely missing consensus. Technicals: RSI(14) @40.5, reaching lower lows (specifically on the following dates: 2-apr,9-apr,17-apr,23-apr) SRSI(14) @0 MACs @.26 > MACD @.01 ...
GH is at a consolidation zone with a resistance line @70 standing on two doji candlesticks. Technicals: (RSI, 14) daily @48 (SRSI, 14) daily @.15 growing ** If RSI increases to >55, uptrend is confirmed. SRSI should grow exponentially at this point. Bollinger on a tight squeeze on time frames <1day. Moving directional index: DI+ crossing the DI- ...
Confirming technical studies indicating an upper trend movement: RSI (14) @55 from a longer uptrend. SRSI (14) @.52 OBV @60,000.00 reaching for a big high MACD (.78) is about to cross the MACDsl (.81) Bollinger width is at a relatively low value indicating volatility coming up. Fundamental: We've seen 140+% growth from last march, as well as a 35+%...
(RSI, 14) @73, slowly growing for the past week. Stochastic RSI @.81 Bollinger bands on a Day timeframe in upper level. Bollinger bands on a 1h- timeframe on a tight squeeze. On march 28th price crossed the 21-day moving average (short term bullish) I would watch for a consolidation break. This is the trade I would make: Entry: 68.5 Long: 71.4 (+ 4.23%...
(RSI, 14) is on a higher low, trending up @36.3 Stochastic RSI on a high @97 Bollinger bands on a 1h time period are reaching a squeeze. SMA is starting to cross the middle Bollinger Band. This is the trade I would make: Entry: 22.8 Long: 23.8 (+ 4% ) Short: 22.15 (- 2.85% ) RRR: 1.54
To identify a Golden Cross , the following usually takes place: 1. There is a downward trend is occurring but is on its last legs because interest in selling declines and eventually begins to be overpowered by stronger buying interest. 2. The emergence of a new trend . It is all about the breakout of the new trend, when the short-term average crosses from...