Every time I have tried to find an NBG bottom, I have been wrong (just look at any of my previous NBG charts) But I just wanted to share this chart, to show people the insane amount of BUYING volume here. If you zoom out on the daily chart, and look at volume or accumulation - the amount of buying since March has grown like crazy. Are these crazy retail...
Hi Please see attached chart for look out for the beginning of next week.
Over 10 years EURUSD have been travelling from 1.16400 to 1.60050! The support and accumulation at 1.16400 is broken, and new distance might be 0,84390 in the active major down trend. EURUSD will have some retracement within the down trend, and try to reach new target 0.84390.
Just getting into Wyckoff so I married chart with Wyckoff and Andrews Median. It looks pretty textbook example of Wyckoff considering that Sierra Wireless is a leader in Internet Of Things and only has a very small share float. After the ATH when shareprice doubled in 3 months shares fell and appear to be re-accumulating after falling on good news - shakeout In...
The iShares MSCI Mexico Capped ETF has sustained its longest move above the 50-day EMA since September (prior to breakdown). If EWW is able to close above the 2015 resistance level at $60.50, look for a continuation to the $63-$65 area in the next 1-3 months. An initial stop loss on a stock position can be placed under $58. Option traders can consider buying the...
The price action recently shows accumulation and there is a recent high volume bullish spike. A noted biotech investor has increased position in this company lately. There is an inverted head and shoulders reversal pattern on the chart.
Zuoan Fashion recently reported Q3 2014 results which met guidance forecasts. CEO James Jinshan Hong is responding to the currently challenging market conditions by leading increased sales and marketing efforts, fair pricing, simplifying supply chain structure, and innovating a new online to offline (OTO) business program. The chart has responded positively with...
MIT Computer scientists say look for the pennants. Now, you can disagree with the MIT scientists and their 89% return if you like but that is saying that you are smarter than a couple of MIT scientists put together.
The accumulation is actually up, which hopefully means people are buying at this level, establishing a new support. I'm not jazzed about a $330-350 support level, but it's better than not knowing where the floor is at. Still, my miners are shut down, until it's cool enough to use them for heating, or BTC goes above $400 again.
I'm out. We pierced the only support that mattered. Watch out for sharks... the whales have left the building. And once again, they say, thank you for your buy support as they sold off their bags of holding. Here that noise? It's the sound of an overinflated, no-intrinsic-value ponzi, deflating. It's even dropping as I'm writing this...
I just read that eBay is spinning off Paypal. One of my friends quickly sold off part of his stock... I told him, wait and see for the rest. What are your thoughts? It looks like an insider knew about this on the 10th. A bit too early to claim BABA sell off. SEC? What's YOUR opinion?
Based on the literal description of Ponzi scheme... you can basically say that any IPO is a ponzi. The first in, get the biggest profits because they sell to the last in, that are the bagholders. Those millionaires and billionaires sure do thank you, the commoners, from the bottom of their greedy black hearts! 'Murica
Just putting it out there... there was an obvious accumulation... large sell off, consolidation... Now what? Rinse and repeat? Or a whale exit?
After 2-months range was resolved to downside, Gold was sold off aggressively from $1,300 to $1,240 where it found support. With wide, ignited, green candle 3-days consolidations resistance at $1,248 was broken and now gold is showing some commitment and building nice upper-level base in front of local resistance at $1,257.5. Break above could attract more dip...