SPX is ready for a big pump. Based on the trend and strong RSI daily bull divergence, I know what is in the cards.
Luckin Coffee is set to go higher. Targets around 14$ per share and maybe higher later on.
If we look at coinmarketcap we see that the current price of Bitcoin is at $5623.65 with $93 500 137 705 Volume. From the view of volume we see that Ether is currently at price $340.59 with a $32 399 320 332 Volume.. So ETH is at 1/3 in volume vs Bitcoin. Basically ETH would be at 20000$ price range. Or Bitcoin is overpriced a lot.
Really sure that we reach 1000$ Range based upon the fact that $ will have some turbulence soon and because ETH will soon get pumped up by a massive BTC selloff.
Both ways will guide us but I'm sure of this one. Lets see in the future..
After 50$ we can have a fall in price.
2040 should be the last top in 2016 based on this idea.
Because dollar will drop, inflation will rise, gold will rise as well. Good for this gold mining company. They pay a good dividend as well.
Hi dividend and yield with a good outbrake to come till 31.6 or higher.
The chart represents a good and healthy pattern. Below 2124 on red line you go short. That's the rule of this setup.
My believe say it will go much lower. To far away from 200MA.
The chart is clear. RSI is getting strong.
Fact in the indicator below, back to 1.20 with a ukrain invasion in mind.
Seen by the fact that this is a strong company at such a low price... It's one of the best stocks to trade. Every 100$ investment can deliver a 10000$ in return. Lovely!
Chart speaks for itself. Short to support or around that area. Up again and double top, followed by massive short on July. Or 0.5 retracement short and back up to 1950 level followed by double top.