Ripple (XRP) :- Ripple has finally broken out of the falling wedge.There is a possibility of ripple entering back into the wedge and this could then very well categorize itself as a fakeout. Keep in mind if we do see a jump from here over the blue moving average we could then head to the falling wedge target of over a dollar. A dollar and 9 cents is the target...
This is one of my shorter time scale predictions heading into the earnings reports coming up. With all the volatility we have managed to open a couple of more postions during the beginning of the week that are already in the green, these are set with a x1 leverage on our PI profile on eToro (Willscuba). We currently have a reducing wedge but have seen some...
Paypal is and will always be a permanent, financial player. The Venmo acquisition: brilliant. Square, sure, it's growing and has potential. Tell me one person back in 2014 or 2015 that had heard of it over Venmo. Brand recognition and explosive growth make it one of the pinnacles of the PYPL story. Was it expensive at $80? Yes, absolutely. Is it expensive now for...
Shares of TD appear to be pulling back to test a breakout level at ~$53.50, which coincides with a rising channel bottom. I'm a buyer at that level and will be targeting ~$66 on the upside, or +23% from here. In a rising rate environment and given the technical setup, I expect shares to outperform over the next several months.
Short from $58.02 will continue to short up to $66. Market Cap - $102.8B VWAP - 56.77 P/B - 1.49 Debt/Capital - 71.05% Beta - 1.49 P/E - 18.13 - A major chunk of Morgan Stanley's revenues come from trading activities, which obviously is dependent on what the market is doing. The capital markets have performed very well in the past which lead to decent trading...
After ranging since Dec 2016, DB has broken its rough rectangle and broken to the downside. Still bearish
Is tech hot steak coming to an end? CSCO exhibiting a beautiful butterfly formation. What other butterflies can you spot? Clue...think banks, big banks...
BTC needs to form this Higher Low on the daily . If it can the BTC recovery is looking a lot more positive. The Daily MACD has crossed but BTC still needs to confirm higher low . The first test is the 9500 level and if BTC can break above this and form a new higher low over the next week this would be a very good sign that the recovery is underway. Also to...
I dont like XRP to be honest. In my opinion its marketing and idea behind it is to raise its market cap and buy all the other REALLY important cryptos with much higher potential for growth. XRP and its utility in my opinion is not able to reach such high prices as eth or monero or whatever. We might stick in the 1-10$ range. Hopefully I will be wrong and many...
Banks earnings, Trump and the Fed drove XLF back to where it was before the major financial crisis of 2008. 10 Years later, will history repeat itself?
NBN is printing a bullish full-body candlestick over candlestick price bar on heavier above-average volume with my momentum/trending oscillators confirming the price move. I am going long NBN on Monday using a limit (GTC-BUY-LMT) order @ 25.20. I will have two trailing sell stops (GTC-SELL-STP) @ 23.35 and 22.70 to protect my initial invested capital in case NBN...
UniCredit SpA and Intesa Sanpaolo SpA could face combined losses of almost 20 million euros from the failure of Innowatio.
As we know, XRP is used a lot by banks to exchange money, so they want their exchange money to be as steady as possible. Usually XRP is maintained at 0.2€ So there are a lot of opportunities of buy&Sell with this asset. When XRP= 0.18 (LONG) buy and sell around 0.20 When XRP= 0.25 (Short) Sell and buy around 0.20
You do not need to be a sophisticated Ph.D. in Economics for understand that Raising interest rates is a god deal for commercial Banks but this do not mean than all the commercial Banks and financial Institutions are in a Bull Trend specially because this sector was punishment during the last financial crisis of 2008 and until recently has begun to show strength...
Short TD - lots of upper wicks on daily is smart money selling into strength - bollinger bands tightening means move is coming soon - retest of red breakout line before moving up higher (see attached chart) Just a note - the better trade would be to try to grab some shorts once price hits the lower line of the blue channel.
DB will drag down the financials all it takes is for one big bank to lose it before everyone else follows !! Not a Bull market for DB , CS & BCS not looking good.