INTC is in the 5G competition this year. It has moved out of a short-term sideways pattern to a new high, but not a new all-time high. The previous all-time high of 2000 was approximately $75.00. VWAP orders are likely to chase. The pattern may shift sideways again.
Nasdaq Composite Index closed at new 2019 highs last Fri. That also coincided with the first close above the weekly clouds for the year. It remains to be our high conviction call that stocks will make new all time highs this year.
Chart is crazy and normies will be brainwashed by groupthink that this will not happen . They will say there is no way that is gonna happen no way. Mike Novogratz assured me bitcoin would never be below 5800 ever again as he birthed the "there are no more sellers" as he also told you that on the cnbc. I imagine this post will get banned as we get closer to this...
Based on the price behavior of GOOGL since April I think we are in the final stages of a 5 wave impulsive structure to the upside. I think we are probably in a 5th wave that will send GOOGL to the 1320s and potentially even the 1350s. The former is based on the notion that wave 5 will be equal to wave 1 in magnitude; the latter on the notion that there is a 70%...
JLL is trying historical high, showing bullish flag pattern around previous high.
Make sure it strongly break out previous high ( around 172 ) and ( around 177 ) with increased volume.
Stop Loss : $161
The following is weekly.
1: Uptrend since 2018-03-26
2: Currently at a good resistance point in daily(110.221)
3: Currently in a 61.8% fibb retracement
4: Creating a new high since 2018-05-01
5: Wait for a retracement on the level 109.877 wich is also the previous high, a good support zone and an extension fibb 1.618
6: Risk ratio of 3.22
Wait for the pair to break the high and retest it before going in the trade. The retest on the previous high will also be in corelation with a fibs level 88.6%.
Target 1 is on the next high on the H4 time frame wich is also in corelation with a fibs extension 1.618.
It is always important to refer back to the weekly chart to avoid price "fakeouts". Looks like we have our 3rd touch to the trendline, which could come a very strong move to the upside, continuing its uptrend making higher highs & lows. Higher low completed, now a new higher high is on the cards for 2018
Price came down to retrace nicely, now looking for potential long entries at the ascending trendline, or a break for a deeper pullback. Big news tomorrow for both the US & euro PPI numbers in the morning. Will this pair see multi year highs soon potentially reaching 1.23500?! Lets observe.. : )
BTCUSD update: 9771 all time high reached and then retrace. Went higher than my 9600 target by 171 points (which is small relative to BTC) and is now showing some signs of minor selling. Will this market really correct this time? Or is it going straight to 10K?
If there is going to be a corrective move of more significance, the low of the just closed candle will...
Overall it is in a uptrend on the weekly, however on the daily its downtrend line is still holding & I think will make one lower low back down to the weekly uptrend line before breaking to the upside. Looking for short term shorts this week, as I believe the dollar will be making a retracement to continue its downtrend (DXY).
BTCUSD update: Gyration leads to all time highs once again. As this market is pushing higher, it is still within the reversal zone. The swift pullback from 8315 to 7760 in a matter of hours is a reminder of how thin the market is at these levels and how high the risk of retrace is. I will explain.
Thin markets are markets that move. Thin refers to the lack of...