The second idea I had around Oil was that we're in a flat in Wave-2. This would mean a very long correction is still to come, but we will see some upside soon.
See the links below for the other ideas.
Not trading advice.
MTSI has some cool chip technology and beaten up like most tech stocks in US-CH trade war saga.
Zack posts strong sell prior to MTSI have strong upward climb today after missing Q4 Rev. targets. Acquisition candidate>>>? What gives??
Zacks Investment Research, Inc. downgrades MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC from HOLD to STRONG SELL.
GE General Electric Not Dead Yet
It's been a long time since the last update on GE - it's not been warranted either by the look of it.
It's still unloved and untrusted.
Depending on profile, this looks like one to accumulate at the these levels. After spending months
in a relentless down-trend that began with the break below 30 (several months before any bad...
Must apologise for rubbish call yesterday and no follow up.
Was expecting a period of light relief over the weekend. No
such luck. The spike that came shortly after the match had
finished was a big one and the ensuing rejection period
flipped Bitcoin straight back down to the lows again and
triggered a short from 7399 as it broke below...
My EW count seems to differ of opinion and that the cycle is not completed. Wave 3 must extend to at least 1.618 which only the last low had done. In addition we need divergence between wave 3 and 5. There is none, there will only be once the new low had been completed. What is happening here right now is that we are going to make a flag for the final push down or...
please note: this is not a complete trading idea. This analysis is entirely based off historical data.
Many of us know that Bitcoin has seen several major correction throughout its lifespan. The last major correction took place back in late 2013, which resulted in a 90% correction from the top.
The chart above shows the percentages and ratios I collected from...
Dollar Index DXY
The dollar remains under medium term pressure and evntually
it should fall away in stages through the blue lines of near
term support potential to 88.31, and likely touching the
longer term trend line at the extremity of the fall before
bouncing away strongly again.
In the very near term DXY is making a little continuation
pattern below the...
Another spawn from the Bitcoin stable that has behaved technically perfectly - could be fresh from the latest chart
book showing what a 'stock' can do under perfect conditions - but this time looking at downsides, not upsides...
It's fallen below it's dynamic support line and then come back up to retest it from the underside....and repeatedly...
Iota is testing important support at 3.229 with a low at 3.20.
this latter level must continue to hold (and will do so long as
Bitcoin holds up, which will not be for much longer now, it's
just completing its own counter-rally now). Any failure to hold
3.20 will force Iota lower still to 3.03 and then should this
level fail to 2.73 at least if...
Longs should have been out as the dynamic support failed at
around the 276 level - see how often there will then be a
challenge of the same support from the underside, which
works for an hour or so before it falls away...not always, but
maybe 50% of breaks are like this and the other half are
clean, hard and fast.
Last comment suggested looking...
Bitcoin Last shot
Well that long didn't do too well - stopped out for about 200 profit unless you were smart and trailed a tight stop under it -
500 points profit lost by bad stop management. If it was going to halt the last high was a pretty obvious place - too busy
updating other calls. Just plain dumb. Late. 16 hours playing with Bitcoin. Last shot for...