Nsdaq supply is higher than demand, possible move downward.
H1, H4, time frame bearish engulfing candle,
divergence also appers, after retesting the resistant area market didnot break, possible downward move
Nsdaq making some rejection in the last day of the past week, Making little divergence on daily time frame, But on H4 time frame its clear divergence,
i think every trader know when divergence appears, market make some retest the previous zones, that will be good time to enter in the market, and it will be low risk or low floating area,.
$GNW (Genworth Financial) is a stock that I purchased recently at $3.51 per share
Company has formed a flat base in the stock price in recent years but i feel its massively undervalued
The book value per share is up at $30 and we have the following data:
Free cash flow = 1.96 billion
Total cash = 3.31 billion
Total debt = 3.64 billion
So debts are perfectly...
Here is the analysis behind my latest stock purchase $CINF (Cincinnati Financial Corp)
PE Ratio (Trailing) = 5.42
ROE = +29.9%
ROA = +11.4%
ROIC = +10.9%
Solid data there and then the cash situation looks very strong. cash flow is growing but capital expenditures are not meaning the free cash flow is growing in recent years with the most recent 12 months...
Under Pressure on monthly base NSDQ100, and profit-taking from the stock market started. This month we expecting big correction all over the market.
Currently, NSDQ100 look like Big bubble. Looking bearish end of the march below 10,600$
Please like, share, comments and follow me to get a daily base...
AAPL currently has a strong mirror level of 133.60$
After a false breakout of this level, the price has been pressed again to the level by parabolic rounding for 10 days.
If the parabolic curve continues on the breakdown of the level of 133.60$, I plan to sell.
Target 1 - 130$
Target 2 - 126.8$
✔ Do not forget to trade using your own trading system...
what about the american market ?? Strong sales have been observed since February, now the price has come to the upper limit 120$ of this fall and has broken through it. There was also an accumulation under the level. Very interesting situation. Here it is necessary to observe what will happen next, how the price will behave at this level 120$. A very likely...
Here is a very bearish elliottwave count which possibly could play out as economic trembles from corona crises worsens. (Dont worry I have also other buillish counts which are possible, none the less this bearish one is for the moment not off the table). This scenario takes into account that new lower lows under the "corona" low are coming.