Love the stock. There is no doubt that NVIDIA is selling shovels to gold miners (AI companies) right now. It is just too expensive. No company of this size can grow at the pace investors are expecting from NVIDIA right now. The first earnings miss or negative forecast will tear this apart.
Like many smaller indices, Finnish stocks broke the upward trend. There could be insane buying opportunities coming.
Russel 2000 trend line looks wobbly and could easily break on some bad news.
A very tough trendline is still holding the price down. Another pull back would be no surprise, but I think there is a good chance of an impressive breakout.
Doge currently proves everyone wrong and shows how alive cryptocurrencies really are. I do not like, however, that many people believe it will go to 1 USD, just because its a nice number. If we have learned anything from the 420 (20th of April) event, it is that Doge will not hit the price target of the small traders. People tried to push it to 69 cents and they...
The previous high became a support. If we compare the current chart with previous bull runs, we can get very excited. One thing I have seriously no clue about is how big this move could be. However, I firmly believe that afterwards we would see a nasty correction again.
We are in the middle of a big bull run and I think we will continue seeing crazy prices for a few months. Just do not forget to use your loved internet money to make some real improvements to your life. Unrealized gains are not real gains! I learned that the hard way in 2017/2018.
Tesla is/was in a fantastic bull run, but I think a correction is long overdue. Let us see where the bottom will be!
Fueled by the XRPBTC inbalance, XRP could breakout pretty soon. Also a massive trendline on the log chart of XRPUSD prevents the price from further downward movements. Of course, this trendline must hold. If not, this whole analysis will be refuted.
Bitcoin brought a lot of liquidity to the crypto market and as a consequence many altcoins which stood still will experience very unexpected breakouts. Especially for XRP, a trend reversal is long overdue. This price level compared to BTC can not be sustained for much longer.
This Head & Shoulder pattern with the nice volume confirmation will send the stock back to normality.
This is a bubble and there is a good chance it popped today. I hope nobody is seriously holding this stock for the long term.
The stock market is as overvalued as in 2000. We are chasing vaccine, stimulus and large tech news without accepting that the economy is not doing well. Eventually we will have to.
Bayer went down a lot. I do not think there is a lot of downward potential left at this point. Even though, there might be another low as the whole stock market will cool down, the general direction from now on is UP.
IBM could repeat its correction pattern from 1987 to 1993 and this would be a great buying opportunity.