Company is very well run, I think it may rise higher, but I will be looking to long after it tags the 20dma and keeps bullish momentum, or if it tags the bottom of the wedge with a nice reversal in price action. What we see here is a bearish doji in my opinion right after it tagged a lower high...
PRICE IS TRYING TO TOUCH THE UPWARD TRENDING LINE ....
It's Jackson Hole Time! Why is this a key event: On Thursday, we have Powell speaking about - Challenges for Monetary Policy! Now from the last FOMC meeting minutes, there was no change and no YCC so that drove the gold lower and other major currencies. However, let's focus on now what could be the outcome for this week and what should you do as it the end...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level. This is similar to the on-chain developments before prior bull runs. Institutional investors showed picked up interest in...
Just a brief Outlook on the US Dollar Index. Articles on the fundamentals show weakness of the $, the sentiment doesn't seem to be confident that it will hold its current level of support, likely to trade lower. Gonna look for EU AND GU Buy Bias Sentiment will be confirmed by Tuesday Announcements. Have you got a differing view or do you agree? Share your opinion
Although this is a Chinese company that has many conflicts with the US right now, BABA has an absolute phenomenal balance sheet. This stock should be valued more than AMZN (in my opinion). Trend wise, BABA has consolidated and once breaking the $270 mark should make its run towards $300 quite swiftly. Long term i see this at $320 and then $400 next year.
Hey Guys! I hope you all are enjoying weekend. I have a high probable trade on XAUUSD to share with you. When you see a risk reward of 1:5 there is no harm taking a small risk. Market may consolidate in the given range and then break, So be patient and enjoy trading. Have a lovely weekend.
So Apple is now worth 2 trillion dollars. This comes almost as an insult to all of the America and the rest of the world, that is drowning under a mountain of debts and unemployment, current or expected, and a coming wave foreclosures, divorces, suicides and other social unrest, that is to come from the economic despair we are all about to get mired in. The...
Whilst looking for a pullback in equities may seem far-fetched right now, this idea is on the basis that it does. Whether it be a seasonality factor, some Dollar buying into the end of the month to weigh on equities or profit taking from the highs - 3300 looks a great area for the bulls to step in again. That, coupled with an expected Dovish FED meeting in...
we see price came to test the previous liquidity i post this week. we are clearly seeing price react well there so we shall take a long setup to upside. nice risk to reward, structure is maintained to the upside
As it is obvious from the charts and the title above , the prices of the unrelated commodities, that were presented in the selection above went up significantly from the lows of 2020. It is possible that, with the exception of lumber, that is beating the all time highs for some reason, most of the current price increases are just the recovery to the pre-covid...
Back in the wild wild west days of crypto in 2017 where the entire space was full of vaporware and projects without prototype, BAT was one of the few coins with real product backed by real professionals. The problem it's facing now is how go get users to engage more with its ecosystem.
P/E 89.23 (Expensive) EPS past 5Y +43.2% (stunning) Debt/Eq 0.00 (very good) Net Margin +13.4% (good) Well run company, just very expensive. Honors its wedge as support as we can see here.
Incredibly expensive pump into earnings. Great fundamentals. GL to those long in NVDA. Will be interesting to see the results. Should be a red carpet event in my opinion. The company is well run, and has great fundamentals - just severely expensive, but if the growth rate of EPS over the past 5Y can remain near +32.2% one might be able to justify the premium here.
Fundamentals are very good. The company is well run aside from cash flow. I would be very patient and hold off longing until the price finds itself near support at $320. Great run company, just terribly expensive right now for some reason. It can go higher yes, but I think the further upside potential is not good enough to chase it for.
Has essentially hit its ATH... and broke through Resistance 2. Great looking price action. I would anticipate someone currently long would have a target of $74. Currently very expensive and one would be well suited waiting for the price to come back to a support level prior to chasing this price. Very expensive, but still appears bullish.
Interested to see the move in price in encountering the pivot point. If it takes it out, one could anticipate longing in-between S1 & the wedge from a technical entry. (today it broke through the 20dma). Fundamentally this is a great company and looks run very well, but in finding our entry we can be picky and aim for the reversal off the bottom of this wedge.