I'm really liking TSLA with this bearish push, can see that there's some close Fair Value in addition to hitting closer towards 2022 & 2023 lows. Definitely will be looking to long TSLA once we can identify some potential support being made.
To me TROW is undervalued as I'm looking at the charts. Price has a good support level around $90 as we can see in December 2018 and again March 2020, once price hit those levels we saw a quick bullish run afterwards. So fastforward to October 2023 and we see that support level being tested again.
My opinion on MCDONALD'S ( MCD ) Currently looking for short entries (put options) once price begins to trade lower than $213 Stock showed indication of a H&S pattern with the retest around $227. I believe price will head to $206, and possible to $191-$178 , but we will see with time.
Lockheed Martin IMO is ridiculously under priced. They ended 2020 with record setting sales of $65.4 billion which is an 9% improvement from their 2019 $59.8 billion worth of sales. Mind you, they increased their sales by 9% in the year of the pandemic. In addition, my technicals are displaying over sold conditions and I'm primed and ready to throw more cash...
The company that has brought you amazing products such as Dove soap, Lipton Tea, Ben & Jerry's, Vaseline, and many many more products is presenting a good opportunity to invest in them. My technicals are showing that they are undervalued with potential bullish divergence. As I stated, i would be looking for support to be created before i purchase more shares....
The company that has brought you amazing products such as Dove soap, Lipton Tea, Ben & Jerry's, Vaseline, and many many more products is presenting a good opportunity to invest in them. My technicals are showing that they are undervalued with potential bullish divergence. As I stated, i would be looking for support to be created before i purchase more shares....
I'm liking the oversold conditions for Coca-Cola (KO) for long term holding and dividend investing. I will be adding more shares once the market opens in the morning. 2021 is presenting some pretty good opportunities to invest in durable, long term companies. #CashFlow
Here's my personal opinion on another bullish BTC run.
July 28th 20 | #UJ Analysis | Asian Session
July 27th 20 | #UJ Analysis | Asian Session Looking like a nice H&S pattern. Stops below the newly created support. Each red horizontal line is my indicated TP level, looking how price will handle that area.
Price fell straight down to this strong area of support. 30min candle displayed strong price rejection, which is also indicated on the huge wick on the (1pm-5pm) 4HR candle. My sentiment is now currently BULLISH until around 107.200 level. However if we do get a 30min candle to close below 107.732 area it could be safe to head bearish until around...
My updated analysis for UJ. Initial thoughts for bullish, since price was going above the high of the bearish 4HR candle. Price subsequently came back into the bearish range which prompted me to adjust my analyis. If 30min candle does break and close above 107.199 I will be bullish. But as of now I'm currently bearish.
If price breaks and close below 107.102 on the 30min time frame. I think we should surely be heading to 106.870
July 22nd 20 | UJ Analysis | NY Session
Price reached strong area of 4HR support. We're heading into bank holidays tomorrow and Thursday. But I will still hold my long for the duration of the week.
My current analysis on UJ and active trade alert.