Technical Analysis and Outlook: A declining trend could indicate that the worst declines are still ahead. Intermediate targets are Outer Coin Dip $30,800, and Key Sup $29,500.
This trade is part of my evaluation that VALUE trades will do better in 2022. DEFI was hit hard last year and is starting to get some interest from Institutions. Also looks like the Finacial sector in stocks are heating up and the quest for yield should help DEFI have a resurgence in 2022 as Interest Rate Hikes loom on the horizon. This trade is an EARLY BUY...
Technical Analysis and Outlook The index did complete our Outer Index Dip 4600 and tested significant Mean Res 4743. The index is on its path to retest Mean Res 4743, and with stumbling for a short period at newly created Mean Res 4725, the price action will reignite higher to revisit completed Inner Index Rally 4799 and Key Res 4799.
Technical Analysis and Outlook: Weeks of choppy trading continues, Euro Dollar proceeded to stay in the range between Mean Sup 1.1240 and Mean Res 1.1380 and is bound to breakout to the upside targetting our Outer Currency Rally 1.1410 - afterward dropping to a new Mean Sup 1.1290. Ditching untested Completed Inner Currency Dip 1.1200 and major Key Sup 1.11755...
Technical Analysis and Outlook: Bitcoin losses widened since last week after completing Outer Coin Dip $42,500 and Key Sup $40,700. The current course designates a down path to the next Outer Coin Dip $40,000 - thereby pending confirmation with BARC (Proprietary symbol- Not shown) the BTC is bound to rebound to our Mean Sup $47,700, and beyond.
#GS Banks been strong running off interest rate news from Feds. Saw a cool off mid week and sideways action ending friday. GS best level for calls is 400. This has been a trade over and over here. 405, 412 targets on calls. Puts can work below 389 but keep in mind 386 is a strong support as well. Id wait to close below this level before going short here.
As you can see, the price has respected the 200sma (blue) since the break from Covid lows. Risk-reward-ratio presented is interesting as you will figure out if you are right or wrong pretty quickly; especially since the Bollinger bands have been contracting as we have consolidated. Trade setup: Target around $1000 for profit-exit. Loss-protection exit 1-2%...
XLF is making new max today. There is an oportunity to take a long position today. In the next days the price should validate the new support, there we will have a second buy oportunity. Back to basics strategy...
This is a very boring, low P/E, financial/ insurance play that probably won't provide excitement. But for those patient enough, this stock could outperform the broader industry due to it's size and yield. Notes for the security are on the chart. Feel free to discuss in the comments. Entries: $28, $21, $19, $17 Targets: $40, $66 Stop Loss: weekly close below...
Visa Inc. operates as a payments technology company worldwide. It facilitates digital payments between consumers, merchants, financial institutions, businesses and strategic partners. It operates VisaNet, a payment transaction processing network. Revenue TTM 24.1B Net Income TTM 12.3B EBITDA TTM 16.6B EBITDA margin TTM 68.9%. Debt/EBITDA TTM 1.26x
JPM pays a $1 dividend tomorrow. Company is performing well, wanted to compare performance to peers. Interesting to see JPM up less than its peers in the financials industry who all started 2022 with a strong bullish day.
Technical Analysis and Outlook: Bitcoin losses widened last week after completing a short, intermediate rebound and revisiting our Mean Sup $46,290. The current course designates a down path to retest our Completed Outer Coin Rally $42,500 and possible Key Sup $40,700 - thereby pending confirmation the BTC is bound to reverse strongly to the upside. Stay tuned.
Technical Analysis and Outlook The Spooz struggled to regain its Continuing Trend vitality with Completed Inner Index Rally 4799 price level. Go-between the down move is taking the index to Mean Sup 4725 level, with the strong rebound to the upside following afterward.
Technical Analysis and Outlook: Following several weeks of choppy trading, Euro Dollar proceeded a breakout to the upside targetting our Outer Currency Rally 1.1410 and Mean Res 1.1470, ditching untested Completed Inner Currency Dip 1.1200 and major Key Sup 1.11755 for the future price action.
Technical Analysis and Outlook The Spooz completed our Outer Index Rally 4775 and Inner Index Rally 4785. Be aware of a stringent pullback - The active tops are in the process of being confirmed by TradeSelecter ''TARC" symbol - Stay tuned
Looks like we are getting some consolidation around this area with a strong bullish candle kicking in. I know a lot of people may not like this stock. However, investing and trading is all about finding stocks that are under or at its fair value while giving it time to move. Benjamin Graham liked beat up stocks that have some juice left in it. Well this is...
Potential double bottom setup here. I like this companies financials. It's a credit card company so I'm thinking about the attractiveness of reward points and holiday spending. Even though it's not estimated to be a great holiday season for some, I'm more so thinking about the surcharges and end of month billing here. Chase is also a bank on top of that and just...