I am extremely long BTC should we see a double bottom. I will update this stance in the coming hours; however, this is something to be very excited about! This graph has continued to hold up well in this market and I am thrilled to finally see us get this low again!!
Updating a past chart, I am still bearish on BTC for the long term as of now. Until we can see some clear breakout from the green zone, I am very bullish.
I am short BTC right now. Price has broken out of the downward channel and is below the pre-2017 bull run trend channel. In addition to this, price is lingering at the bottom of what I call the "no trade zone." The no trade zone is where BTC is seeing a lot of its sideways trading. I recognize that this is sideways trading like no other stock, but with the...
WYNN seems to have formed a bullish pennant ahead of earnings. Confirmation of a breakout would correspond to breaking an upper limit of a 2014 support channel, and would lead WYNN into the final support channel before it would retest its ATH.
As an aside: I think the blossoming economy and recent tax cuts, which have put extra money back into the pockets of...
Overall, bearish on NFLX right now. Possible head and shoulders forming and I will like to see how this plays out. That being said, user growth is looking very healthy, and with summer approaching (kids being out of school and having loads of dead time), I would be interested to see if this growth can continue over into the next quarter.
