Amer Sports ( NYSE:AS ), the Finnish athletic company renowned for iconic brands such as Wilson tennis rackets and Arc’teryx, made headlines with its recent initial public offering (IPO) on the New York Stock Exchange (NYSE). Despite a tepid market reception, marked by a 5% opening pop, Amer Sports' ( NYSE:AS ) decision to debut at a discounted $13 per share,...
AS | Thailand SET | Media Sector | On-line Gaming
A Breakout Inverse / Reverse H&S Testing Support Neckline - possible go up with new TP 22.5 setup if support failed might drop to EMA100 or EMA200 to complete Elliot Wave correction phase A-B-C position.
> Aggressive Stop Loss 14.0 @EMA50
> Conservative SL 15.0 @Banker Chip / Smart Money Support
**For entertainment purposes only**
Steady linear downward trend since launch day ($0.10 to $0.12).
Tightening price range. Bullish pressure release.
Initial target price is $0.10
Strong technology fundamentals. Strong leadership and governance. Hedera has a zero-to-one business model.
SandP 500 Index SPX
The same wild triangle as Google is less well defined on SandP
- at least on downside - will likely retest the rising dynamic
of the triangle here ansd will follow Google, not the other
way round.
It does however look quite threatening - one thing for sure,
this cannot be bought again until it either it breaks lower still
or only once 2675...
GOLD: XAUUSD Update
Gold is now testing the first resistance line at 1281 whilst DXY
is holding stubbornly above 93.99-93.94. Gold cannot rise
whilst DXY holds up. It needs DXY to break below 93.94 now
to fire gold as high as 1305. Suggest taking profits here and
only going long gold again when 1281 is broken on upside by
100 pips and it's confirmed by DXY...
Bitcoin Update
Still grinding higher. Stops under 7430 have stil not been hit,
with a low since at 7434.
Now it's entered the area around the highs it's meeting that
profit taking we were looking for from 7500 through to the
highs at 7590, but absorbing all sales very well, so far...
It's tracking within a new impulse wave from the break-out
around 7pm est...
Facebook: FB This was meant for yesterday but some glitch stopped it from uploading...
Bit late now, apologies.
For what it's worth at this point, a couple of observations:
That's quite a large pin bar forming meaning that institutions are indeed
unloading, (see below) looking to buy back 5 or 10% cheaper if they can.
FB should come back to 175.60 at least and...
EURUSD The upside target for EUR has been hit at 1.1648-1.1665 after an intraday high in London at 1.1653 for a 140 pip win. Now it's time to reverse the position, as per comment.
