I've seen both descending triangles and falling wedges as explanation for recent price action but to my mind neither are correct. You gotta negate the blow off top somewhat. Triangles account for it in their figure, but the bear flag channel doesn't, save for offering the dump support on that heart-line, which in the triangles has no structural support. We are...
Just an idea, my opinion, not financial advise, only for entertainment. Possible correction down to low 9ks/high 9ks and set up for 15k and 17k targets.
There are too many people expecting a crash nowadays, because there are some indicators showing a similarity to the 2000 and 2008 stock market crashes. I am convinced however, that if too many people expect something, it will not happen. Quite the contrary will happen. I am not a stockmarket shill, I don't even own any stocks. I started learning TA when I...
SHOP has been on a tear since the crash in December last year, currently up 160% in the last six months. It’s easy enough to cry ‘bubble’ at a glance, especially when zooming out reveals a jaw-dropping 1600%+ return in the last 3 ½ years. The stock is experiencing growth that surpasses even AMZN, and in most ways appears to exhibit the same exponential increase in...
im not a perma bear i really want america to prosper but seeing this what make me barf, im not angry because i missed the rally and losse money trying to be rational, i know, markets could be more irrational that i can stay solven. There is always risk involved, but now i confirm that stock market is a complete and absolutely fraud. why? first the political...
TILRAY END OF BUBBLE ACCUMULATION TO THE MOON
LULU is currently sitting on a bubble from their last earnings call, citing positive cash flow from growth in China. If negative guidance is seen, look for price to return to 150 Level to fill in the 150-170 gap.
It only makes sense that Chinese tech sold in the US would also go through an extreme bubble. Shorting the shit out of everything including stocks that I link below
We're way beyond reasonable valuation at this point. What we have here is a bubble that's gotten out of hand. See $TLRY's momentous run up last year, what goes up must come down. But how and when? $SHOP is a pure momentum stock that people keep buying out of FOMO, it only just over 8 Million shares, which means it will move on you...FAST. THIS IS NOT FOR THE...
Fundamentals: Beyond Meat generated $30 million in losses just last year on revenue of $88 million, and it will need to continue investing in its operations in the near future. (The IPO raised about $1.5 billion for the company at the IPO's $25 a share price. Overvauled and in a bubble?? Now valued at about $5 billion based on investors' faith that the...
The grand exchanges exit pump is upon us. Talked about this in nov-dec '17 on tg and discord that this possibility was very present of how they did this in the past (especially with tethers at almost instantaneous access) and that sentiment can switch on a dime's notice, got the same feeling after the mysterious 100m buyer (i.e. exchanges in cahoot) as years gox...
if you say: "bitcoin is bubble" what are you say about Apple? Boom!
All my thoughts are on the chart. For reference, definition of treasuries yield curve: According to Investopedia, the yield curve graphs the relationship between bond yields and bond maturity. More specifically, the yield curve captures the perceived risks of bonds with various maturities to bond investors. The U.S. Treasury Department issues bonds with...
The price for NIO could likely face resistance at the $5.00 price level, or even if it could go higher than this, it would likely face some strong resistance at the $5.90 area. The price has been moving in a downtrend, forming a series of bear flag patterns along the way. One the higher timeframes, the price broke out of a major range to the downside. This should...