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...
You've heard it so many times "greedy when others are fearful", but fear takes hold and sways your judgement. What are the common sense clues? The talking heads are trying to "call" the recession before it happens simply for an "I told you so" moment, but where were they before 2008 and earlier? Why can't we make some serious profits after 10 years of an...
Exemplarily, the S&P500 rebounded on its 61.8% Fibo-Retracement. Also there was the correctional high of October. If the S&P500 can´t close above 2.820 points, it is in a short-term downtrend . The next first target would be at about 2.610 points. If the bulls still do not take the scepter, it can slip one more level to 2.480 points. If we see the...
Blue Sky Candidate if A.T.H. Test & Break not in? wait 4 conviction
Disney reports earnings today. The chart has been in a bottoming formation since April of 2018 as this company had a business contraction in 2015. The stock is below its all-time high. The bottom is on the short term within a Trading Range of 30-point dimension. Weekly Chart of DIS shows the trading range. The stock is postured to attempt a breakout of the trading...
dogecoin moon soon to new double Alltimehigh (bitcoin & $) #doggonacci
WMT has been in a bottoming formation most of this year. The big gap up was HFTs taking advantage of those who trade on earnings news. Notice how quickly profit-taking follows. The all-time high is strong resistance. Walmart is one company that is stating it will face revenue and earnings problems due to the Trade Wars and new Tariffs on the Chinese goods it...
To me, it will either do a new Alltimehigh in OCT or DEC. DEC would mean, it all would pretty much repeat from last year. OCT means, crypto will go AllTimeHigh very soon and do a faster correction (maybe 2-3 months). The 2 ideas pretty much are my views for BTC/USD too. White line is DEC Alltimehigh, black line is OCT Alltimehigh.
DrGraph points out more on the use of Local Maximum / Local Minimum and C75 / C25 tools in Forex Insight Pro 3 to tell the time of price recovery from all-time-high correction in a SET:IVL monthly graph.
This one is really interesting. Not only did we cross again the 40 mark on the daily RSI (repeating wave pattern), but also we bounced off the 6k support line which not many people had expected. Market always finds a way around the opinions of the masses. This time I want to show you, how a parabolic reversal back to ATH could look like. Its matched with the news...
Going down soon- look out! This for education only is not advice!
Looks like a double top formation with H&S filling in live now. Expect lower end of day and into next week. Good luck! This is not investment advice and Im not advising anything, all posts for education only.