i'm starting to think a better place For the Last of my money is in gme insteAd of Spy.
nobody seems to want spy rigHt now But me.
demand shOuld start growing for gme now that supplY iS limited.
Today we will show you our research on SID looking for statistical patterns on price historical data.
First: We have defined all the cases we want to study. In this case, ALL the corrections above the yellow horizontal line with a retracement higher or equal to -20%. Also, we have defined the duration of each of them.
I usually use this chart to see the health of the stock market. The INDEX:MMFI is a good indicator to see if an uptrend is backed by the mayority of the stocks that play the market and not only the big caps leaders. This little divergence between the price action and its RSI shows that this indicator may go higher. Although, is a short term time frame so I'm...
Today near the close took place a correction for some big cap stocks, but in the last 20 minutes there were a lot of buying action. Xilinx NASDAQ:XLNX was the perfect example as it dropped -3% but closed at -1.70%. This could be because is close to a support in $142, which was an ATH on 2019 that couldn't hold and then dropped hard for 14 months. Now it has gain...
After 37%(-222$) of Downtrend... Buy The Dip! (especially if it's a big cap like Zoom)
The Corona will not end soon, the world has changed and zoom here to stay.
There is a multiple bottom on trend line,
also 401$ is around a strong whole number (400$) .
As a long term investment I am looking into start scaling in slowly in BT as I believe that UK economy will thrive in next few years once this period is over.
a 300p (200% from this price level) will give a great return alongside dividend for many investors.
I believe scaling in will be a better strategy then all in.
Please do remember we might still do a double...
Not sure that it's a good idea to buy something (especially altcoins) at resistance but ADA got my attention.
Ada is only gaining momentum after breakout the nearly six-month range and with good buying volume is heading to the strong resistance at ~650 zone (daily TF).
And I think ADA has a lot of chances to do that especially because of the hard fork in...
$XMR has managed to push above the 200MA on daily! Currently retesting the breakout + retesting the breakout of the symmetrical triangle.
Good place to re-entry - assuming Bitcoin does not go for a deeper correction, what i tend to believe right now. Stoch RSI has still room to go higher.
Overall a good setup for XMR that has stayed doormat while the other...
1. In previous up test it was closing lower (lower high) so the trend was not clear event though tops were higher probably due to expectation that it should follow the other "big cap coins"
2. Higher closing price this time suggest we have reached the bottom
3. Other big caps already made the run (Litecoin, Ethereum,...)
4. Ripple usually late and has surprised in...
Recovery in U.S. show up slower than expecting, seeing from Jobless Claim report increased to 276,000 against analysis forecast median of 263,250 jobs which is a greater numbers than Feb 2016 report. However the incremental is still below 300,000 which is an acceptable rate. Counting from Jackson Hole Fed's meeting last week statement was given clear of timeline...