Reasons I like this stock -Projected Fed rate cuts -Historical price action -Looming legislation -Hearty Dividend
This morning I liquidated less than 1% of my XRP Position in anticipation of this trade setup, Under the pretext of a Bull market the Ascending Triangle suggests a continuation in upwards price action. it is important to note that the formation of this triangle pattern holds the same bullish sentiment in ranging and bear markets. It's been a few weeks since...
The story of Bitcoin is Comparable to a family celebrating Christmas. In the same way That Parents Mystify Santa Claus to their wide-eyed children Sophisticated Investors Have Mystified you about Satoshi. In the same way that spoiled Children would Defend Santa Claus a Bitcoin Maximalist will defend this dinosaur software Protocol. By the Power of Market Sentiment...
There's Blood in the market. we need to remember that during the 2021 Crypto Bull Market XRP did NOT make a new all-time high. we need to consider these traders who have been bleeding out ever since they bought XRP above $1.00 in 2021. people are lined up to sell you XRP. I'm expecting sustained and exceptional growth in trading volume for XRP, The only Digital...
My Good friend John J. Murphy once told me that trading volume precedes price action. Yes Apple Stock is uncharted territory, but trading volume is waning. we can see that in how price action is diverging from the OBV. While the OBV is printing a lower high Price has gone on to make a new high. More layoffs and cost reduction could push stock prices higher. we're...
Do you call yourself a patriot? With allegations that Russia is willing to sabotage a nuclear power plant in Eastern Europe sophisticated investors like me and you need to answer the call. Invest in iShares U.S. Aerospace & Defense (ITA) ETF, supporting the strength of our nation's aerospace and defense industries. Protecting our freedom, safeguarding our future....
This is no longer a chart about the Russian invasion of Ukraine. initially it Was as I expected high price volatility. OPEC does not want extreme price volatility, but I don't think they wanted this either. This chart is telling the story of corporate greed at the cost of the consumer. let me put this into perspective. Today’s average price of gas in the U.S. is...
Let's talk about risk to reward ratios, in the Securities and Exchange Commission's lawsuit against Binance ADA is directly named as an unregistered security. there were plenty of other big names listed but I know Charles. He believes in the technology. You can see that through the hundreds if not thousands of hours of YouTube videos he's made on this subject....
I've been invested into XRP since the conception of the Ripple lawsuit. I always knew the litigation would come to an end and I've always planned on liquidating a small portion of my holdings after the judge makes her ruling. Now let's talk about $9.00 it's a little more than $5.00 but its specifically not $10.00. when I'm reading the room and considering what...
the market is well above its 200 daily EMA but its still bellow some key resistance points. notice the volume spikes appear to telling us a story. id be watching these zones on the 16th of each month.
Recent trading data shows high volume spikes. volume precedes price action, Trading volume precedes price action. Look at the times.
Clarity is coming for this Digital Asset. lets see how XRP/USD responds to these market structures with the imminent ruling on summary judgement for the SEC's lawsuit against Ripple Labs.
As the Digital Asset investor would say, Folks. Volume Spikes + Constricted Bolinger Bands + Green Candles + Imminent Conclusion of SEC Lawsuit You tell me what all these things amount to.
Objects Shot out of U.S airspace is good for the Aerospace and defense sector. LMT hit its ATH trading price less than 3 months ago expect further upside for this industry.
It's not 2014 Streaming Movies isn't revolutionary anymore. Netflix's days of competing with Block Buster and Red box are long gone. Streaming services like Hulu and Disney+ are taking more market share as the days go on. Unless Netflix can evolve its identity it will just be another streaming service in an overly saturated market. Netflix Accounts are used...
Elon musk lost a record amount of money in 2022. Starting off this year Chinese consumers are displeased with Tesla for drastically cutting prices of cars sold, some are even looking for refunds. 2023 is boom or bust for Tesla, could this H&S pattern be the end for Elon musk and his fan boys?
Price is trading above the 200 Daily EMA with a recent closure of an engulfing candle. If price continues on this path my targets are set based off of an internal trendline and measuring moves in recent price action.
Price has fallen bellow the 200 EMA for more than 3 consecutive days, Price is struggling beneath the 200 EMA signaling potential trend reversal. price target Is based off of Fib levels.