Red Hat is most likely at a market dip for even better positive correlations then this short call that I am making. I believe given what they are doing and how big they are amongst the Linux community, plus past wave trends, bands, and spreads, a $165 short calling is beyond reasonable with little to medium investment risk as a stock pick.
NVIDIA is obviously going to pass the $250 threshold soon, but I think a short call that passes even $265 is imminent as well. The rise of NVIDIA's stock price was mostly pushed by the demand of GPU mining. However, NVIDIA is still a conservative buy. Even if GPU mining demand decreases, the fact is that NVIDIA started doing many things with AI. This includes AI...
Within a year, Ethereum can surpass a $2500 price for a long strategy with medium to high risk. However, there are some contingencies. One of them is the possibility that EOS, one of the biggest hosted ERC20 tokens doesn't crash by then. John Oliver put it best, EOS is an application for building DAPPs hosted on an application meant for building DAPPs. The fact...
Remember when Alibaba slightly went right towards the $200 mark in January? Now they are having the holiday seasons again for e-commerce and it looks like for a short calling, Alibaba will re-pass a $200 price point. (Even with increasing competition from the Walmart and Flipkart merger). Currently at the $195 price point and a trailing that looks like it will...
Walmart's earning reports are due within a week and they are coming up as close competitors to Amazon. They recently acquired Flipkart in a needy but brilliant move to try taking more control in the emerging e-commerce market. Given that they were positively skewed to the left and are now facing a negative correlation, it may not look good. However, the recent...
I believe the market support is going to be around $67 for the next few weeks, and a short call of it going to reach a $70 market price within a timely manner is reasonable. The negative correlations and left skewed spread though seems unattractive to investors, but it is still not considered a high risk stock. Overall Citigroup is investable for a conservative...
I am still HODLing my Bitcoin until this time. I believe that a $10k short is imminent and that you can still expect potentially near 25k or even $30k by the end of 2018 or early 2019. Bitcoin still ranks supreme as a P2P system and the BTC core update, lightning network and expected incremented segwit block size increases is only going to make is stronger....
I was looking at different FX charts last night when I found the Daily tf of the CHFJPY.I had a look at its chart to investigate the development of price action so far. What I found that jumped at me from the screen was this monster double top pattern. The first top of the pattern formed on July 11, 2017 and what is interesting to see here is that the first top...
Given the recent Cambridge Analytica scandal as well as what happened to the launch of some FB products as well as their API system, things are not looking good. Also the #DeleteFacebook party led by WhatsApp's Co-Founder isn't having investors amused. While Facebook will most likely recover, this is one of the first time their stocks had such a large dip in...
Spotify recently went down greatly in price, however, this is also affected by recentness of their IPO as well as activity going on in the DOW Jones. Currently, they are still emerging in market acceptance and are expected to rebound at a price of around $120, with expectations of some very long term potential positive correlations. It is medium to high risk but...
Dropbox, the tech unicorn, has finally IPO'd in the stock exchange. The IPO has so far crossed the neutral price of $30. However, given consumer demand, recent launch, as well as Dropbox's future after general public funding, I believe a long target of $40 is beyond reasonable. This is also true given how Dropbox positioned themselves in the market beyond...
This ETP-4 XABCD Pattern completed and worked out already but feel free to follow me and check out all of my past ideas as I"m sure you will see they create and worked out quite well!
In terms of the Cannabis index, I expect an around 1250 open in the future. This is due to the rise of weed for medical purposes or recreational usage. Also new laws, large medical marijuana suppliers in Canada, as well as what is going on in Colorado and 4/20 right around the corner are definitely some key growth indicators. For potential, you can say "Roll the...
Gridcoin looks like it recently passed a short negative correlation, but looks like another breakout is possible. The surpassing of 8 cent, and maybe even the 10 cents benchmarks looks possible this year. If people realize the technological potential behind its Boinc software, it can even surpass a 15 cent price mark. Really Gridcoin is still one of those under...
I would set the stop loss target at 1.25. The correlations for USD/CAD as a trading pair seem to be a short negative. Overall, even with recent crashes in USD prices, you can still expect positive gains over the Canadian dollar. I would say it almost seems like a set sale with a long swing potential in the long run. Overall, investment wise, it is high risk given...
I don't really think VR has a positive potential over Mixed Reality, but that is a whole different story. Given the currency price of 11 cents plus the fact that MANA is partnered with Aragon, I see some inevitable growth potential. While they entered the market with hugely negative correlations, this price seems like a dip given the potential of higher demands....
Chart shows us Lend attempting to come back with a bang. All patterns and indicators show a bullish uptrend. 1) Bullish Reversal 2) Half way through Elliot's Wave 3) Huge cup forming Lend is clearly attempting to break previous resistance levels. This heavy momentum is accumulating and price may also attempt an all time high! This is not an investment advise,...
I have a $15 price target set for ACB and believe that extremely long term it can pass a $25 mark and potentially a $30 mark by the end of this year. The medical Cannabis industry for psychological, physiological, or physical reasons have been growing in prescribed use. Also the market demand for HEMP is seemingly increasing in certain areas of Canada and even...