Correction seems to be over or will be over soon. Im anticipating 1.28XX on EURUSD by the end of this year. Trade with safely
even our grandmas wonder if XRP is just some scam ofc... When is, maybe no new price evr but 🔨 all day 😄 #doggonacci
Typical head and shoulders pattern. Bearish is set for a small amount of time, before we see the next rise. __________________________________________________________________________________ Please like and follow us on Tradingview and Twitter , to stay up to date our latest analysis. Check out our Website as well, for trading tools for part and full time...
The falling of share price and slowness to rebound after Microsoft posted stellar earnings last week suggests MSFT is highly overvalued and correction or stagnation is likely for the near future. This model posits some possible future trends that are more optimistic than not, but emphasizes the likelihood of corrective stagnation keeping runaway price tethered to...
Tesla is a good short here between 730 - 780..... It is acting exactly like the Nasdaq 2000 Bubble Top
Successfully broke out of this descending wedge and breaking past the 1/1 Gann fan barrier indicating possibly the start of higher moves to come if closes above barrier. What Biden just announces about raising capital gains tax definitely was a good little match to start a fire in uneasy markets. What this does is incentivize selling this year but we have to see...
Opening BNB short positon against Bitcoin at a price of 0,0108 aiming 10% profit. It is deffinitely over priced and in my opinion it will go down at least 0,077 per bitcoin. Not financial advise
Could the NASDAQ be in another tech bubble?
VIAC announced new shares will be issued diluting the current value of their already overvalued shares. A double top has formed on the chart. Correction ahead as there are multiple options for the underwriters to buy more shares after the initial offering, meaning the dilution could continue. When a company sells its shares, it's essentially recognizing its...
Short-term play. As we know Nikola Motors is far from a revenue-generating period, so it would be logical to short. Based on increasing short volume again - Check Fintel.io And the fact earnings are coming out, we could expect a dip to 13$ or below. Personally, I think this is a good play and overvalued IMO so correction is inevitable. Didn't pay much...
Target $100.00 to $80.00
NYSE:SNOW is one of the most overpriced companies you can find right now. After post IPo rally, stock is struggling lately with poor relative strengh to Nasdaq. Potential breakdown of Head&Shoulders gives potential for new lows at $200 right now. However, its not low risk entry idea, so prepare for some volatility.
Would be a nice move... Back to the 61,8 Fib-Level and the lower uptrend line supported by the 50MA.
As we saw $695 on the TSLA chart a few days ago, a S&P 500 inclusion has helped develop a new uptrend channel for TSLA. While we have seen this channel hold so far, we have a couple catalysts on the horizon specifically Q4 delivery numbers and stimulus boost. For this channel to hold TSLA must remain above $630. A drop below and we could see as low as $540....
I have highlighted the XLF representing the broader financial sector in purple and the S&P 500 index in gray. As you can see it has outperformed the financial sector by a longshot and outperformed the S&P 500 index. Since Blackrock’s bread and butter is asset management with nearly 8 trillion AUM, the overall concern with overvaluations in the markets combined...
Those who have been following Community Health Systems since the firm's stock tumbled in October 2016 following the $7.6B merger with HMA may be wondering if the hospital giant has found its footing after three consecutive quarters of being EPS positive, rallying stock prices to a 52-week high record of $11.04/share. Today, I am here to tell you that this stock is...
Please hit like and share your support :-) One word: price. That’s because the company falls in the top-10% of most expensive U.S. companies. To justify its current value, Amazon would have to compound growth at 14% over 10 years. The company would also have to slow working capital growth significantly, netting its capital requirements to zero over the long...
Price to Earnings: 1,087.43, Price to Sales: 15.32, LTD/E: 106.14, why should anyone buy this stock guys? I'm really asking?