Volume reversal shows a move to the upside. Hanging Man has been winning BULLS territory. 1WK TF almost over, about 2.5 hours left to complete 1WK TF. I’ve made an agreement between me and another trader. Before ATH: FOREXX: BTC will NOT fall below $40k HoleyProfit: BTC WILL fall below $40k Although I did mention, BTC should not see below $60k although HM has...
LYFT was a recent idea upload. The news regarding MSP and the dispute resolution has helped it rise off the ascending support trendline of the rising wedge pattern. The pattern may predict decreasing volatility towards price consolidation and then a break out from the wedge. In the meanwhile, I have added to my position since price is above the support...
Earnings Outlook: Analysts are projecting earnings of $2.64 per share, a slight dip of 1.5% compared to the previous year and with revenues estimated to be around $21.38 billion, marking a 13.6% decrease year-over-year, there are certainly some intriguing dynamics at play. ------------------------------------------------------------------------------------- I'm...
TLT on a 120 minute chart has continued its trend down since early December after a suddent uptrend in November lasting for a two month until the end of 2023. Inflation data is kicking the rate cut down the road of time. Price has now fallen under the VWAP and all of the EMA lines including the EMA20. Relative strength trending correlates with price . I...
NYCB on the 30 minute chart had an abrupt reaction to the inflation report. This is not a surprise. Many traders and investors know that banks make more money when the prime rate is lower because they do not need to pay much on savings accounts and deposit certificates. NYCB has been challenged and is more volatile than the average bank stock being a...
COF is shown on 1 15 minute chart. The trade idea is to play the drop in a bank stock as a reaction to the sticky inflation report and the idea that a rate cut already baked into stock price is about to come off the table. This is a risky reversal trade. However, with risk comes reward. The idea is on the chart. I will take a long trade here anticipating a...
MDT is a decentralized data exchange economy built on the Ethereum Blockchain. mdt token is a standard ERC 20 token and facilitates the economy of the MDT ecosystem, It denominates the value of big data and serves as mechanism for utility in the ecosystem. recently Chain announced the acquisition of the MeasurableData platform in a deal worth over $100...
The US Dollar Index (DX) is a measure of the value of the United States dollar relative to a basket of foreign currencies. It provides a weighted average of the dollar's value compared to a selection of other major currencies, including the Euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. Factors influencing Dollar dynamics *...
As of 10 April 2024, AMD PE ratio is at 334. It had a long failed upward candle on 8 March 2024. Downside till 95 dollars.
CHF - Futures, there is interesting levels of positioning by the commercials are taking place, it has not yet been confirmed from my end, but there is quite bit of long positions are being taken up by larger traders. Will keep an eye out for turning points in the near future in the next few weeks.
Because it is not a company and nobody owns it that can enforce any kind of intellectual property on the millions of coin derivatives that exist today. Because it is not trust free since you must eventually report your "trust-less" transaction to a tax authority. It is not trust-less, but a trust-less version may be created and operated by tax authorities to...
NYSE:FCX has had a great run following the recent commodity cycle and global volatility run-up across the commodity spectrum: oil, E&P, GOLD, and fuels. *The Take* In the dynamic world of international mining, Freeport-McMoRan stands out as a beacon of resilience and growth. Amidst the ebb and flow of commodity cycles and global market volatility, NYSE:FCX has...
Cannabis socks got a boost in the past day as the Biden administration seeks a reclassification of cannabis with the Drug Enforcement Agency ( DEA) This will likely give the entire sector some momentum. Here on a 60 minute chart, Aurora ACB is seen in a VWAP band breakout, crossing over the fair vlaue area of the mean VWAP accompanied on the indicators...
Google formed a “Cup and Handle” Pattern……Broke and retest highs……we could see GOOG “Google” go on a nice run soon……let’s see how this one plays out!
📉Hi Traders, Investors and Speculators of Charts📈 There are a few stocks on my immediate radar. 1) Asana - NYSE:ASAN If you're working in a large, dynamic team you're probably using a workflow management tool like Monday.com ... or Asana. Asana is a fantastic tool, I use it on a daily basis. It's easy to use, user-friendly and it has a wide range of...
First regression is calculated, and second regression parallel with normal coordinates. Bull Arrow confirmed by a calculation lengths with a moving average in combination of one. Red arrow was rejected by the bulls. Bitcoin is not ready to move down. Some slight corrections, but nothing major. My two trading support zones are at FWB:67K to $68k Area zones....
I've just now started scaling in to this TSLT position. In NASDAQ:TSLA it could be, that with a double-bottom the price correction is finished. Along with some fundamental news I'm very bullish on Tesla - so let's see where it goes. ;)
Traders, as we navigate through the second and third quarters, understanding the potential movements of the US 10-year yield TVC:US10Y becomes increasingly crucial. Join me as we analyze the factors shaping the bond market and anticipate the trajectory of the 10-year yield in the coming months. I'm excited to share a comprehensive outlook, encompassing a...