PYPL has had a great past two weeks putting in 7-9% gain. In the past week however, that
momentum has stalled. PYPL has printed a head and shoulders pattern. The predictive algo
of Lux algo suggests a reversal here. PYPL has been resisted on the higher price action
by the second upper anchored VWAP band. The H & S pattern neckline is about 63.
The...
MNY is a penny stock from Singapore on NASDAQ. With its volume and volatility spiking and a
90 % jump in the past month. It got my attention. For penny stocks and NASDAQ requirements,
getting over $ 1.00 is important for several reasons. MNY did it well. I will take a small position
in this risky play expecting a great return over the near and intermediate...
GRAB is a multi-dimensional fintech company serving SouthEast Asia. It does there what DASH
UBER and PYPL do in the US. Like many other or even most penny stocks it has volatility
which is the foundation for swing trading it for good profits. On the 60 minute chart are
the horizontal supply and demand zones as well as dynamic areas of high volume and...
SOFIR showed here on the 30 -minue chart has had great volatility in going no where since
the start of the year. Volatility can be harnessed for profit. This is the essence of swing
trading. With an intermediate term anchored VWAP band and line setup, it can be readily
seen that price first was resisted by the second lower band line in purple then broke...
Hello traders (and some investors ?),
As you could notice, most of high-growth and tech stocks are in bear market for last several months.
While huge part of them formed abc corrective waves down. StoneCo formed impulsive wave (of 5 subwaves) DOWN =that´s not good sign because impulsive waves are never alone.
So my thesis how to play this stock is this.:
-...
After a beautiful bull run now $UPST getting correction. Need to breakout falling wedge for reversal. Mentioned in chart about reversal met support now $206 want here to create a base for reversal. If it misses to hold here next big level will be $191 support level. Good earnings and good growth in revenue stocks to be holder for long run good returns but don’t...
One segment of the fintech market is particularly interesting right now: Buy now, pay later (BNPL) firms represent a new era of retail and recent IPO Affirm stands out in that category. Essentially, BNPL companies are the next generation of payment installment solutions.
Current Affirm partners include Shopify (NYSE:SHOP), Peloton (NASDAQ:PTON) and Walmart...
COINBASE:BTCUSD Buy zone for my personal BTC buy shown on chart. Main point of focus is the nearly horizontal trend line shown in thicker red. In a perfect world price action would go ahead and dump on off the meet the convergence of trend lines over the next 7-10 days, or even take a slower, more measured downward slope in that time period. I won't be making any...
COINBASE:BTCUSD Shown in my previous post (linked) was how crucial holding the 125 daily moving average was to BTC. As soon as it closed convincingly below it yesterday, I went 100% USDC, and shipped them to my Nexo savings account. if you don't know about that, hit me up. Returns that beat the S&P500 average annual return over the last 30 years by more than a...
COINBASE:BTCUSD Pretty self explanatory why, just hope if you weren't an owner of BTC that one of my previous ideas about it may have convinced you to take another look. While I would never advise anyone to buy or sell, I absolutely advise EVERYone to educate themselves about cryptocurrencies. See attached ideas, and look into this whole blockchain/crypto thing....
COINBASE:BTCUSD Is having it's first touch of its 125 moving average as support since breaking back above it with a vengeance. It has been holding thus far, and a breakout of technical indicators is now presenting as well. RSI downtrend resistance is breaking through now, and Stochastic RSI has crossed over while price action appears to be turning back north...
BITSTAMP:BTCUSD Sound silly? Not to the chart it doesn't. It is what it is, I'm an owner. If you aren't, you might wanna take a look. Bitcoin already has people testing the waters as a safe haven equity, and the thing is institutional money still really hasn't hit it yet. That means that the "mania" hasn't even actually begun. It's still in it's infancy, akin to...
NASDAQ:DOCU DocuSign entered my first area marked as a "Buy Zone", and where I had set a limit order. I now own some shares at 44.01, and have set my next limit buy in my second Buy Zone at 36.31. Depending on price action, I will either wait to buy there or add more in this area. Between 40 and 37 is my "No Man's Land" where I would be in limbo. This is a buy...
