Currently Activision (ACTI) is trading for $76. Microsoft is buying them in 2023 for $95 (assuming regulators don't block it). That's a 25% return in less than 1 year.
I'm not sure which way this is going to break, but you may want to keep an eye on it. It's consolidating in a few ways. First there is a large falling wedge that "stopped" on 18 June. It never did break the bottom resistance. I find falling wedges typically end up breaking higher as the price consolidates toward a bottom. Then there is another falling wedge...
Watch ZEC continue to rise as the Russians use ZEC to bypass sanctions. ZECs anonymous transactions make it a preferred crypto currency for the Oligarchs looking to work around the sanctions (also Pirate Chain is the other). Over the next 18 days I see ZEC going up another 20+% and then it will cross over the upper resistance and continue upward to $300. ...
If you look at what PirateChain is doing after the sanctions were placed on Russia, you will see privacy crypto is in high demand. As the war drags on and the sanctions continue to strangle the Russian Oligarchs they will continue to use Privacy CryptoCoins to move money. ZEC has already had good upward movement after the sanctions were put in place. Even if...
Recently PirateChain (arrr) broke through the upper resistance of a falling wedge and it has rose non-stop ever since. How much further will it go? I believe the real reason it's rising is due to the sanctions on Russia and the Oligarchs. PirateChain is Fungible (which means) you can't tell one cryptocoin from another--it's truly anonymous. I believe they are...
With AMZN pending 20-to-1 stock split this looks like a good bet right now. AMZN just broke through the top resistance of the falling wedge pattern. This is good short term and long term bet. Also if you like selling covered calls after the split AMZN will be a good stock for Covered Calls as it will be more affordable to buy in blocks of 100. If you buy 5...
Good time to buy Microsoft as it just now broke out of the descending Wedge. Long term it's a good bet anyway, plus through June it should continue an uptrend if it runs as long as the descending wedge did.
