Thoughts are on the chart. We broke out of the cloud again. Bitcoin is bullish. Even the cloud cant keep the price from rising.
The candles clearly attempted to break above this resistance area 2 times. The second time it failed and fell down to the cloud.
AMD right now is creating a rising wedge. This should break to the downside, however the ichimoku is currently very bullish. I predict that AMD goes to $32 ish, and has a dump, possibly all the way down to $12-$13, or even $6. Bullish Signals: Price moves above cloud (trend) Cloud turns from red to green Price Moves above the Base Line (momentum) Conversion...
lol, honestly, I don't even dare to short mdb. However if i were to start a position, it would be at $150 because the latest analyst pt was around $150s, and the RSi is just so high already, it's gotta reset a bit. But if there's one stock that doesn't give a shit about the market condition, or spy. that would be MDB. Literally the only stock to be buying the...
- NASDAQ:TTWO broke above a falling wedge pattern in place since last summer - Prices are trading above their 20-day and 50-day EMA - MACD finally turned positive - Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards) -...
- NASDAQ:ATVI broke above a falling channel in place since November - Prices are trading above their 20-day and 50-day EMA - MACD finally turned positive - Huge opportunity with Google's new gaming streaming service, Stadia, which allows developers to create games on the cloud while bypassing the higher barriers of entry (consoles & graphic cards) - Target is...
To understand the recent low volume selloff take a look at a Bitcoin chart. The price has seen a corrective move back to support. While OSTK is highly volatile this price level will likely hold before the next leg up to $24.80 - $25.00. The Tenkan and Kijun cross, the could flip as well as the demonstrated cloud support are all bullish indications. Healthy...
Reasons why to short USD/CHF: Parabolic SAR Indicates a Parabolic bearish reversal in price Cloud breakout at the major resistance zone indicates sell pressure and more proof we are going to reverse because the previous cloud breakout at the major zone also indicated a sell off. We broke the trendline and good selling support has shown ATR indicates a rise in...
Just wanted to share this amazing position i took, I shared this in my signal group. Hit me up in private if you want to join <3
Lag line coming up to the cloud, we didnt get 3 green candle confirm once we broke through so the next real test is the lag line meeting cloud. Either we fall back down to cloud and the futures will pinch, or we get a real confirm out of the lag line and we're back to buying calls.
Mongo DB is off 18% this week due to Amazon making announcement they will offer similar cloud data services. Watch for basing at 74 back up to $80 on fib retrace on next week. MACD showing blue crossover this week. MDB AMZN
For confirmation daily RSI needs to stay below 50. ATR right now equates to about 3%. Stop is a little tight for that. Something to keep in mind and reflect on later. Shorting one of the names that has held up well is probably not the best choice for capital allocation however. Im sure some sort of cipher or bat pattern could better pick a target.
NetApp was one of the earliest companies in Cloud Technology. It had a stellar rise in price in 2018 but is now at risk of a topping formation. Data Storage is still a growth sub industry of the Cloud Industry. However, NTAP has gone beyond its fundamental values for 2019. Support levels are on the chart. Bounces should be expected around these price levels. This...
AKAM The Akamai network has an inherent advantage running a distributed ledger in blockchain per JPMorgan 11.9.18 article. Currently has shown trend of large spike investment last 3 quarters and in 1w chart shows near CCI entry, while day chart is not indicating same. Watching. IBM is the largest patent filer in blockchain technologies, however has never...
TWLO TWLO has been oversold and great day momentum trade. Looking for resistance below current price around $63.50 area. Market Cap is higher than Enterprise value, but the world is going to need more of what they offer....6.47B vs 6.1B. VIX Rult #1 VIX Rule #2, don't forget Rule #1 VIX Just reminding you About; Twilio Inc. offers Cloud...
bull case for coal stocks, with rising exports/rising gas prices/cold winter forecast.... May '19 target of ~$7 at the neckline
This could get ugly. Neutral until it breaks the 200EMA (neck-line)
possible edge to edge, if it closes convincingly in the cloud.