oThoughts on SSW 4.62% . A great Location to buy would be at $9 if it doesn't quite make it, look for reversal signals around 9.70, it has had a nice run since March, look to Buy the dip on this one. SSW 4.62% has a P/B ratio of 0.65 and a P/E of 10.97, 50% insider Ownership and EPS 0.36% starting to grow year on year. This tells me that the stock is...
Thoughts on SSW. A great Location to buy would be at $9 if it doesn't quite make it, look for reversal signals around 9.70, it has had a nice run since March, look to Buy the dip on this one. SSW has a P/B ratio of 0.65 and a P/E of 10.97, 50% insider Ownership and EPS starting to grow year on year. This tells me that the stock is Undervalued. Here is my thoughts...
This Chart Pattern Looks extremely familiar. This is my thoughts on how SHOP will trade.
GLD looking like it could bounce here, DXY with Evening Star Reversal and double top at previous resistance. GOLD also showing signs of support. New White Soldier at previous support on GLD This is how I will play it.
At a support here, if gold becomes a safe haven we bounce and there is a nice up side. If it breaks down there is a nice down side for the bear play.
Stock has had more than a 30% pullback, Look for the stock to consolidate around the $30 mark and then move higher. #buythesalsa
Longer Term Setup on MNST bouncing off the 200SMA on the weekly
ROKU - Guys I know i have previously looked at ROKU Bearish, and previously, My bearish analysis was almost perfect, HOWEVER, I am looking at this Bullish now LONGTERM, 2 reasons... Netflix doesn't have ad revenue, Roku does, and I am simply looking at this as an opportunity for a potential future buy-out to increase market share. Reasons I think of Netflix in...
After a nice run yesterday, NANOBTC has consolidated and found support around 0.0009250. This point recently has been a very good support/resistance area for NANOBTC and interestingly which also happens to be at or around the 0.618 fib retracement level. With this clear support and consolidation, we now have a flag/triangle pattern and now heading to its...
Perfect 618 retracement, bounce off the 200 SMA..... All i can say is Be bullish at this level! Buy this Dip!
Perfect 618 retracement on the fibs, buy the dip here!!!!
As you can see Ripple, XRP/BTC has been consolidating after a nice runup since yesterday and is now forming a (bull) flag pattern. Is XRP/BTC setting itself up for another move up? Well, we have to see about that but with all the rumors and hype around Ripple possibly being the next coin to be added to Coinbase, it could certainly make another move again soon....
We love it when prices are going up but what if when prices are trending lower. Can you profit from that too? Well, let's take a look. When prices move lower rapidly and the indicator(s) gets oversold, some of the best rallies occur when they bounce back. These trade opportunities are the so-called "oversold bounces". Usually, these oversold bounces can be...
The graph above shows a comparison line chart between DGD (DigixDAO) vs BTC over the last 30 days. As you can see the correlation between the two is quite significant. It's not a -1 inverse correlation against Bitcoin so it's by no means a perfect hedge against a drop of BTC but good enough to trade on we think. To test this "theory", we thought lets put on...
After a nice run up since yesterday and breaking out of a cup & handle pattern, BCPT/BTC retraced back and found support near 0.00008725 forming a triangle. 15 min. RSI has fallen below 50 so there's room again for further growth. If BCPT/BTC manage to break out of the triangle and preferably with increasing volume, then we could see it making another run again....
EOS/BTC on Binance has been in a downtrend for some time now. On the 4 hour chart, the RSI is very oversold with a reading around 20 and since January it has retraced back to the 0.50 - 0618 fib levels. Good and key support level should be around 0.00082000 for the near term. But for the short-term, is EOS/BTC ready for a bounce? If you take a look at the...