Nintendo is breaking through the Neckline of an Inverse Head and Shoulders pattern visible on the Daily timeframe and looks to be targeting the a Fibonacci Retrace to the upside. I will be targeting the .786 and the .886 for Profit Taking.
$NTDOY appears to be continuing its higher lows/higher highs, while building support on prior trend lines. Long Term price prediction is $150+ based on trend and Fib extensions. The recent rejection just above prior ATH seems to have found its bottom on a confluence of trend lines.
Nintendo ist at it's 200 weekly SMA , this was a very decent spot to buy in the past.
This is something to hold on to imo, so no real trade setup here, but one could put this thing in his HODL depot and just forget about it.
Also pays some dividends on top.
It's a me, MARIO :)
Looks like a good op on NTDOY, may be a little more downside to come (towards $60) so small entry position with DCA for me personally.
But wouldn't be surprised with a move to the upside following earnings.
** NOT TRADING ADVICE **
I have been in a NTDOY swing earlier this year catching the run from November to Jan. For some odd reason (and I know we shouldn't trade on emotion) I kind of miss holding NTDOY. So, I had told myself I would look into a long-term entry at some point in time in 2021.
Fundamentals:
> Pays a nice dividend (although fluctuating based on profit)
> Not a Sony, not an...
Who we are
Nintendo's mission is to put smiles on the faces of everyone we touch. We do so by creating new surprises for people across the world to enjoy together. We've forged our own path since 1889, when we began making hanafuda playing cards in Kyoto, Japan. Today, we’re fortunate to be able to share our characters, ideas and worlds through the medium of video...
The CEO of Nintendo is retiring, leaving Doug Bowser to take the reigns of Nintendo. Keep it on your watchlist as the Megalodon has given us a buy sign!
The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes!
Let's go, Nintendo! The Age of Mar 10 is about to come and Q2 is about to begin! Why do I have a feeling that you will release the new hardware and games the day after Nvidia Reports its earnings!!?
Fundamentally sound.
IP alone is worth a billion dollars.
Handheld market will be back in the full swing w/ the new Mini console!
All indicators point to an...
The Megalodon recently indicated a buy signal giving a good indication that Nintendo will start the market open on a positive note! For information on how to access the incredibly accurate Megalodon indicator, send me a message!
Nintendo finished its ABC correction and has begun a new impulse wave. Breakout above bull flag confirms uptrend. MACD formed a bullish cross over and the Stoch is trending up. RSI is approaching oversold on the daily, so there may be a slight pullback in the near future, but its still < 50 on the weekly. First target is the 78.6% fib, which was a previous support...
I want to be the very best like no one ever was / to chart them is my real test, to trade them is my cause
New pokemon on the switch is going to change the game -- tie in pokemon go and "AR" in a way no one has tried yet...
I'm long
manage your risk
gl hf
xoxo
snoop
