Purely based off of fundamental analysis, with Biden as president this will call for tougher rules on tech groups which has been called for from politicians all over the world.
I believe we could have a shake start to next week for tech before stabilising but some correction is needed before some stabilisation.
They could be seek more tax off of big tech...
Go long guys looks very bullish
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Target price = 127.40
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Central banks around the world are coordinating in a last stand to prevent global meltdown. So - they're about to decide massive liquidity injections into 'their economies'. China, the USA, Singapore are already on board. Expect Germany to follow cuz the German economy is on the brink of a recession.
What this could mean is a number of things:
1. The punters...
A great business here, having invested previously & sold for 38% I have now started buying again for a longer run as business aims to break even by Q1 2020
Targets: 8.4p / 11.8p / 15p
Very bullish on chart, check MACD on daily where it's crossing
Headsets to breakeven: 400
Martin CEO has 8.41% of the company & whole BoD together about 15.6% so therefore...
Today we look at XRP / USD analysis. XRP is the 3 largest cryptocurrency by capitalization. This coin is typical in that it has an absolutely different graph and structure than the remaining coins. Most people still remember it from 2017 when they made an extreme increase in 1 month. However, since then it has been very weak from XRP.
Bidstack bridges the gap between gamers, game developers, and advertisers by enhancing the gaming experience with rich, real-world advertising.
The shares have risen impressively over the past couple of years and following a period of consolidation that trend looks set to continue.
We have seen the shares break higher from an ending wedge formation...
I don't often share any chart write-ups except Forex, this is due to me being a long term investor into blue-chip companies. AMD is one of my favourite 'Tech challengers'. Although it is great in size already, it has a long way to grow, to get up there with the likes if Intel. With that being said, i think that AMD has great growth ahead, I personally am just...
The NDX or NASDAQ tech 100 has been heading south. In the screencast I explore the current trend south on the 4H and compare it to previous 4H trends. The characteristics of the current downtrend look different.
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is making new all-time highs and looking strong.
Conclusion: As there is an uptrend present on the Monthly, Weekly and Daily timeframes we will look for opportunities to enter trades with breakouts on the daily timefrime.
Any comments or questions, do not hesitate to...
Square $SQ broke out of a small base in direction of the long trend, coupled with very strong volume. A pullback into the buy area would see me buy some of this stock; target is open depending on how price acts, not as shown here.
Last Friday, overall tech stocks plunged due to a macro event where Robert Boroujerdi, global chief investment officer at Goldman Sachs, warned that low volatility in Facebook, Amazon.com, Apple, Microsoft and Google parent Alphabet may be blinding investors to risks such as cyclicality and regulation.
Through this I identified a few major tech counters that...
Risk/reward turning lower in the Technology sector as monthly charts show early signs of distribution.
Momentum studies are unwinding overbought areas, suggesting increased profit-taking risks in the coming weeks.
A close below the USD45.86 low of September would add extra weight and open up the USD44.00~ break level.