I've done ideas on the DJIA and the SPX, but I haven't really looked at the entirety of the US market. My prediction is in the chart. I put my thoughts on why it would go down on my ideas on the indices. I think it'll be a mix of political factors (Trump's idea of tariffs), people moving to bonds, and overall fear of the market as it has stayed bullish so...
We'll see if it can break through the resistance at 11350, if it does it could run. Alternatively, if it doesn't, that could send it down. Comment your ideas below, -Kristian
I've done some ideas on the DJI, describing that I think we are entering a more bearish market after about 9 years of a fairly bullish market. I'm not a fortune teller, but I think the recent dip was a sign of investor's fear, as well as the high volatility that lingers. For those two reasons I don't think the market will continue to rally off the recent sell...
With education seeming to take a hit, it's nearing a good entry (tal, edu, bedu, etc.), however, if you're like me and like to take a bit of risk in a more volatile stock, bedu is more appetizing than the other larger education companies. If you wait for the entry displayed on the graph, the risk is low, and the potential reward very high (though, I would...
While I didn't get the greatest entry on FB (177), I've made a couple percent off it so far, and I think that it will run to 187 next week fairly quickly. At which point I'll reduce shares. If/when it reaches 190, I will sell the rest of my shares. I think that from a technical perspective FB is a decent buy right now, and will make its way back up to resistance...
First off, I think that the concept of this company is innovative and it will survive. Basically it's robotic surgery. Although I haven't looked in depth on how it works and such, it seems to be a service in demand. As robotics get more advanced, they will overtake humans in precision and efficiency. Looking at the short term trend, it's not the best buy in. I...
I don't really know why I thought BTC had broken out, but it had appeared that the run back up was breaking out of the channel. Now I am having second thoughts, and thinking it will reverse. It's interesting it had such a huge run back up. It'll also be interesting to see if it can stabilize and keep running or if it'll go into free fall again.
I don't have much time at the moment, but my idea is pretty simple, it has found a peak, established a resistance there, and has a support in the 23,500 area which it may or may not break through. It's also still fairly volatile and made a quick run back up which is a sign of its ongoing instability.
Looking for a swing on FB. Looking at the patterns/support & resistance levels, I think there'll be a bit more pullback before it starts looking at setting some new highs.
BTC has hit its peak, and is now heading down. I expect it'll get to about 5k before it finds bottom again. I don't see any reason it would make any sort of significant rebound, as there's not a whole lot that gives it value, as I have said in previous posts. Comment below if you agree/disagree.
BTC is seeing the biggest move up percentage wise since it started plummeting from 20k. It's already testing a major support, and if it breaks it, I see it running for awhile longer. While I don't really understand why this is happening (the run back up), it could serve as a good swing trade. With the momentum it has, as long as you set a stop loss, it'd be...
If I decide to reduce shares in either of my holdings (FB, PYPL), CUR would be a small bet I would be willing to take. It recently shedded about half it's value since the huge spike up. It seems to have finally found bottom. I have support and resistance lines drawn in, if I end up investing, I would set a stop just below the support, and play the sell out (limit)...
Although FB seems to have broken out a bit over the past year or so, I still think it's a decent investment for a swing trade. However, in my opinion, it seems a little more shaky in the long term, as younger users start to abandon it, the share price may fall as well. I'm not really a value trader, I'm mostly looking at the trends, and it seems like it...
This recent sell-off may mark the beginning of a more bearish, shaky market. Hopefully it won't break the support around 23,400. There is resistance now as well, which I think will cause the DJI to falter, just moving between support and resistance, similar to how the market was behaving before Trump won the election. Then again, perhaps the market will rally off...
First off, I'll say what I did during this huge correction from the Dow Jones. After it started to falter after breaking 26,000, I started to get nervous, and was ready to pull out. I just had one holding at the time, AIEQ. If I hadn't had so much faith in Watson, I would've got out earlier than I did (Friday morning), but I soon realized my faith was misplaced...
Going purely off the chart pattern, and the fact that the market is having a large pullback, I think it's a fairly risk free short. Stop is just above resistance where it could break out, limit is just above the bottom. Comment your ideas below.
My thoughts on this are pretty simple. It's a strong, growing company that's pulled back with the market, and will rebound as it always has.
PYPL has a history of strong comebacks after a sell. I don't believe this will be any different. While this is one of the most violent sell offs, and it was certainly due to more than illogical fear (eBay abandoning them), it is a healthy company that should make a quick comeback. Tell me your ideas below.