ETH is currently at $266 as of speaking.. As usual i was studying charts when i realized.. i spotted an Perfect Adam and EVE right before the all time high.. Did somebody spot this and just buy in?? Remember.. This was right before the 2017 ALL-TIME high!!! What do you guys think?? Peace!!
Bitcoin - % Return & Future Peak High Each market cycles rate of return has been 20% or 1/5 of the previous cycle return from bottom to new peak high With cycle bottom at $3148, this next market cycle could give 2300% returns based on historical data with a Bitcoin high at $78,500
Sony completes a 3-Drive formation into the last ALL TIME HIGH from 2007. Can it get any better with the PS4 getting long in the tooth and smartphone shipments slowing down? Also check out the massive SSR level set at 5,400 first set in 2006 which holds till today.
As the price of Bitcoin continues to grind higher the Bitcoin Shorts are also climbing higher and may soon reach into the all time highs again. Somebody is seriously wrong, who is it? Me? You? Us? Them? Stay tuned...…. Below is a look at the current short positions.
PAYX had a strong earnings report and continues to climb upward slowly making new all-time highs. The completed double, aka W, bottom is a short-term bottom formation that provides moderate to strong support if more profit-taking occurs.
MCD has a pre earnings run underway. It has broken out of a long-term trading range to a new all-time high. The technical indicators are diverging from the price action, indicating the rising risk of a retracement due to profit-taking.
FAST moved out of its sideways pattern and gapped, then ran up to a new all-time high. The stock is at risk of profit-taking due to the angle of ascent of the price action and the overextended technical indicator patterns.
ADTN broke through moderate resistance to confirm a completion of its short-term bottom formation. ADTN has a previous all-time high of approximately $47.00. Profit-taking is likely as it nears the resistance from the lows of the prior sideways pattern above the current price.
$SPY - with its consistent grind for the month of April, we have finally found ourselves approaching ATH (All time highs) from back in October 18'. All indicators illustrating market breadth is exhausted and due for a pullback. With earnings and volatility arising in the majority of S&P names, we will be mindful of both directions the market can take. For healthy...
CHKP is one of the few stocks that has breached its previous all-time high, corrected mildly and then resumed the uptrend to new higher highs. The stock has a mixture of retail traders, pro traders and mild Dark Pool accumulation at times. The momentum will stall intermittently with profit taking from professionals.
MSCI has been moving with steady momentum gains after periods of resting days. The stock is now at another new all-time high. The pattern is indicative of steady Dark Pool and pro trader activity.
$SPY - our $283 level of resistance finally broke over with the market busting over and gapping up this week. Spy currently sitting at $288.26 at time of post. Highs of market are at $293.85. 7th green day in a row, constant gap ups making it hard to get day trades with market breadth sucked out before market opens. In individual names, I have been take about 30%...
CSCO is one of the very few Dow 30 components at a NEW all-time high. CSCO is riding on new technology in 5G and other areas. The gains are slowed down by some selling but the steep angle of ascent has continued. The stock is poised to shift sideways ahead of its earnings report date.
This week I will be keeping an eye on the UK based REIT SGRO, their main business is managing industrial storage units, the stock is within 3% of its all time highs and is consolidating nicely around the 662 level. The consolidation has been a bit all over the place for my liking and that skews the entry a little bit as I like to clear all previous highs with my...
I developed an indicator, the Saracino Bitcoin Momentum Index (SBMX). On the monthly chart it has been a reliable indicator of a bottom in the past bear markets and right now it is giving a bottom signal for 2018/2019 bear market. I officially call the bottom.
BNB is very near all time high and moving there with huge bullish momentum. If and When price cross last level of resistance (if it will ever resist), there will be no more pressure from above. Everyone buying will be in profit, kust like with bitcoin before it went down. It might not land on the Moon, but potential is really unlimited and unrevealed, until we...