The PEAD projected a Neutral outlook for $COST after a Negative Under r reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
We still hold a neutral view on Silver and feel that non farm payrolls on Friday could trigger significant price action and enable us to form a directional view. The precious metal has failed to consolidate above resistance around $28 over continued fears of rising inflation and the possibility of the FED raising rates. Therefore a greater than expected payroll...
If it does break the resistance that could be a good long
I'm still undecided on bitcoin. Below 42000 I'm still bearish. If 36500 continues to hold I'll eventually turn bullish. Also it's overcast cloudy out today. That always bums me out.
Bitcoin has rebounded sharply from dropping towards $30,000 on Sunday predominantly due to the Chinese government's plans to ban all Bitcoin mining. However, we would want the cryptocurrency to consolidate above resistance at around $40,000 and the 50 day MA move back above the 100 day MA to take a long view. This is because Bitcoin wasn't able to consolidate...
I am still neutral on this but: White path seems to be an inverted head and shoulders. Hopefully can take us to 40k USD. 40k asap bulls, otherwise this target will become harder and harder to reach.
I foresee something like this may happen in both ways. We must get to number 2. Find there support to start thinking about good things. Good luck.
Double bottom. I liked this last reaction of the bulls. Bull trap in the afternoon, bear trap at night. I might be totally wrong about calling bear market and I apologise if that is the case. Its always good to be cautions and wait for the worst. React with patiente at the right time. A bit of hope here, but still on defense mode.
The PEAD projected a Neutral outlook for $CSCO after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
The PEAD projected a Neutral outlook for $RYAAY after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Forming pennant structure, no directional bias just yet, awaiting break in either direction before taking trade position accordingly