finvizclub

finvizclub

September 2017 was the last time that $INTC was trading closely to the 200MA. The breakout at the $38 price level quickly led to higher prices. I think this revisit (almost) to the 200MA is a trade idea on the long side. This would be assuming that the longer term momentum will continue to push the stock higher and that indices will reduce in volatility. Beyond...

finvizclub

The increased in volatility caused this one to revisit the 200MA and I think this would be a nice area for a trade idea on the long side. Keep in mind that this stock can move above and below the 200MA several times, but the trick is to see if we can get the collective price action to hold and bounce higher.

finvizclub

$YELP forming a short-mid term falling wedge here. Fundamentally I am bullish on this stock for several reasons. I like the improvements in Yelp's operational efficiencies (more profitable it looks) and also its 0 debt position. Additionally, I think its ~3 billion dollar market cap make it a target for a company like $AAPL. Because when you open your iPhone's...

finvizclub

As #bitcoin hit a recent lower low, we see Ethereum almost revisiting the $400 price level, but did not break down from there quite yet. If we continue to hold the $400 area then maybe this could be a nice consideration for a longer term hold. I think Andreessen Horowitz' recent big bet to start a 300 million crypto fund is a bullish expression and that the crypto...

finvizclub

With the break of a mid-term down channel and a bounce at the $6,000 price area, I'll be looking to see if we can get a reversal here then a consolidation into higher prices. This remains to be a tough trade until we can clear $7,000, IMO.

finvizclub

Along with other stocks soaring today, $MSFT (a market leader) is continuing its grind. Keep in mind, this company is one of the few market leaders in the datacenter/cloud play (very bullish macro theme).

finvizclub

$BABA finally pushing prices higher here after a revisit back to the 20MA. If i recall correctly, this one is a fund favorite and the growth story is more aggressive than $AMZN.

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$GS with a 10 multiple on the income statement and about a 1.25 multiple on the balance sheet, this financial sector leader looks attractive. The key level here for a risk/reward swing trade would be to watch the prices around 220 and 230.

finvizclub

$BTC.X I've been casually watching this one day to day and still waiting for an opportunity to take a nice starter position at a lower price level. Until a nice support level reveals itself, i would stick to cash at this time. #Bitcoin at 7k is where i'll be eyeing next.

finvizclub

If $SPY, $QQQ, and $DIA continues to move sideways, we will start to see higher prices real soon. Some key levels i continue to watch on the $SPY is the 100MA, 270 price area, and 61.8 fibb (potential resistance).

finvizclub

A key level i'm eyeing next is the $8,000 price level. If we can't seem to hold up here, then i think price will continue to travel lower. If instead we travel up, then i think there will be resistance at $8,500.

finvizclub

#ethereum looking like it wants to go lower here. We have a bearish head and shoulders pattern and key price levels failing to hold. It's better to be patient for an entry when clear support reveals itself.

finvizclub

It looks like we had some favorable earnings news which ultimately caused the charts to gap up here on some volume. If this consolidation continues, in combination of a solid market environment, i think $BABA will begin to see some upside.

finvizclub

I know its been a while since my last post, but consistently pushing content is no easy task. ;) Anyways, $SPY $QQQ $DIA all starting to look a lot better. As long as we can hold this price level and start moving higher like $IWM, then I think stocks can get back to the comfortable cruising zone.

finvizclub

$ETH.X $BTC.X I've been watching this for almost two weeks now and have been patiently waiting for a nice opportunity to swing this on the long side again. As of now, I'm seeing quite a bit of chop around 700 with almost all pullbacks to the 650 getting filled. If the buyers keep coming in at 650, I'd like to get on in the action there as well.

finvizclub

$BTC.X looking like it wants to go lower here. Helps to be patient until a trading opportunity presents itself.

finvizclub

I was long prior to the dip below $750. Regardless of the great news (facebook entry into blockchain tech), the price action will always be my first indicator of action. Until i see some bullishness in the charts, i will remain out of position. Better to preserve capital rather than have it locked up.

finvizclub

It is nice to see that price action still remains above the 200MA. What i want to see next is more price movements to the upside.