WM is impending earnings in the next trading day. It is a demonstration that there is money to be made in the efficient collection of garbage and recyclables On the daily chart, since the earnings beat, it has trended up through a high volume area breakout and a breakout across series of VWAP lines and bands anchored in the intermediate past. The volumes...
The ratio of XLG (S&P Top 50 largest stocks) to SPY (S&P500) is approaching historic all time high (since 2005) and resistance area. We would expect a reversal of trend with mid and small caps outperforming the largest caps, the big 7 among others.
Good morning, Chart of the 7 largest US capitalizations, with ichimoku and Fibonacci. It can be noted that the ratio of 1,618 has been reached. The beauty of technical analysis. Make up your mind.
Very particular price move. It trades within a channel for months, breaks up and then goes back to the bottom of the channel. Looks like is going to do it again. I bough some puts expiring on the 28th, I don't think the market is going to crash soon, but it's a way to cover all my longs in short term. I don't mind if it expires out of the money. I'm very long on...
2 distinct possibilities, but the RR is great. HIGHLY dependent on SnP and US30 ofcourse, broader market implications are always extremely important to keep an eye on. Nonetheless, wouldn't be surprised to see the first position be a sweep of wicks and then retest of lows. Second position would mean we sweep highs of wichs but also fill the gap above before...
I think in the last month we are beginning to see certain sectors of the market starting to crash, mostly technology sectors, like TSLA, AMD, NVDA, INTC,... You really don't have to be expert chart analyst to see that the whole stock market, especially technology sectors are extremely overvalued. It has never been anything like it, really for the past 90 years....
TP 1 : > 8000 TP 2 : > 8500 SL : < 6700 Risk In Your Hand Press Like & Follow if u like my content --- Thank You ---
TP 1 : > 6.500 TP 2 : > 8000 TP 3 : > 11.000 Risk in Your Hand Press Like & Follow if u like my content --- Thank You ---
i'm starting to think a better place For the Last of my money is in gme insteAd of Spy. nobody seems to want spy rigHt now But me. demand shOuld start growing for gme now that supplY iS limited. HAPPY DIGGING.
Today we will show you our research on SID looking for statistical patterns on price historical data. First: We have defined all the cases we want to study. In this case, ALL the corrections above the yellow horizontal line with a retracement higher or equal to -20%. Also, we have defined the duration of each of them. Second: With that clear, we will...
I usually use this chart to see the health of the stock market. The INDEX:MMFI is a good indicator to see if an uptrend is backed by the mayority of the stocks that play the market and not only the big caps leaders. This little divergence between the price action and its RSI shows that this indicator may go higher. Although, is a short term time frame so I'm...
Today near the close took place a correction for some big cap stocks, but in the last 20 minutes there were a lot of buying action. Xilinx NASDAQ:XLNX was the perfect example as it dropped -3% but closed at -1.70%. This could be because is close to a support in $142, which was an ATH on 2019 that couldn't hold and then dropped hard for 14 months. Now it has gain...
NASDAQ:ZM After 37%(-222$) of Downtrend... Buy The Dip! (especially if it's a big cap like Zoom) The Corona will not end soon, the world has changed and zoom here to stay. There is a multiple bottom on trend line, also 401$ is around a strong whole number (400$) .
As a long term investment I am looking into start scaling in slowly in BT as I believe that UK economy will thrive in next few years once this period is over. a 300p (200% from this price level) will give a great return alongside dividend for many investors. I believe scaling in will be a better strategy then all in. Please do remember we might still do a double...
Not sure that it's a good idea to buy something (especially altcoins) at resistance but ADA got my attention. Ada is only gaining momentum after breakout the nearly six-month range and with good buying volume is heading to the strong resistance at ~650 zone (daily TF). And I think ADA has a lot of chances to do that especially because of the hard fork in...
$XMR has managed to push above the 200MA on daily! Currently retesting the breakout + retesting the breakout of the symmetrical triangle. Good place to re-entry - assuming Bitcoin does not go for a deeper correction, what i tend to believe right now. Stoch RSI has still room to go higher. Overall a good setup for XMR that has stayed doormat while the other...
FAANG vs tech and FAANG vs big cap analysis since 2014 ...
1. In previous up test it was closing lower (lower high) so the trend was not clear event though tops were higher probably due to expectation that it should follow the other "big cap coins" 2. Higher closing price this time suggest we have reached the bottom 3. Other big caps already made the run (Litecoin, Ethereum,...) 4. Ripple usually late and has surprised in...