This stock currently peaking in price after weekly upthrust candle. Earning Yield are the lowest in recent years and Price to Earnings also peaking highs in last5 years. From PE ratios it's massively overvalued stock. Looking at company income statement over last years is the most stagnant when compared to Microsoft, Google and Amazon. It's amazing that Net...
with all the other guys taking stuff of netflix, this stock is becoming very overvalued.
Will $AAPL fall all by itself? Likely. Will $AAPL fall relative to the $SPX500? Much more likely. Why? Apple has reached extended valuation levels at a time when portfolio managers and indexers are not likely to do anything to adjust their positions going into year end. Why sell now and pay capital gains taxes? Exactly, they wont sell now. They will sell...
This looks like a massive falling wedge forming. ER is next week and i’m expecting volatility. Very possible it hits the bottom of this wedge at least one more time around the 200sma
Metcalfe's Law has been successfully used to value a variety of network effect technologies and businesses, including Facebook and Tencent. Applying Metcalfe's Law to Bitcoin , using "Daily Active Addresses" (DAA) as the "n" value, yields interesting results. Historically, Bitcoin has tracked the Metcalfe Law Fair Price reasonably well. A number of studies have...
this is a clear short setup with 3 targets. another overvalued software company with an ugly chart
On the 4-hour chart of NYSE:GPS , price action has interfered with the 200 Exponential Moving Average a numerous amount of times. And, almost every time it has, a reversal and price swing has occurred. This latest one happened after a price surge caused by a normal stochastic oscillator divergence, sending price action straight through linear resistance. Old...
another overvalued tech company had a crazy year - ready to rollover
Before start reading on; this chart is inverted. More on that later Interpretation According to Mike Maloney, the S&P 500 dividend yield curve is the second best way to measure a stocks value (after the Shiller S&P500 PE Ratio -made a post on this, go check it out). The ratio indicates how much a company pays out in dividends each year relative to its share...
Brief Description About the P/E Ratio The p/e ratio is the price of a share of a stock divided by the earnings per share, so it’s the earnings that the company makes during a year divided by the number of outstanding shares. Once calculated the answer is a multiple. This is one of the best valuation metrics that investors have been able to use to judge whether...
Tesla has formed an upward sloping trend channel and is currently at the bottom of the channel. It's currently at a minor resistance level, so it could break the channel Monday. If it does, look for breach of the 203-205 support zone to confirm an oscillation down to support at 188, forming a triangle chart pattern. Alternatively, we could bounce off the bottom...
Trend analysis (see my other prior long term trend). Currently BTC is overvalued for this point in its long term cycle.
$SHOP Shopify Topping Out - Correction Upcoming - Rising wedge pattern on daily - Bearish - Volume & MFI divergence vs Price entire month of May - Bearish - Price/Sales Ratio now over 25x (all time high for SHOP) vs most other top growth SaaS companies in mid-teens - Bearish See chart for near and medium term targets. For a possible options trade , I'm...
With the RBNZ already killing off the NZD by being more dovish than expected in their rate announcement yesterday, the kiwi fell against the USD overnight erasing in the process nearly 2 weeks gains!. For what many thought that the triangle has already broken to the upside just by the end of last week, it now seems it was a false breakout and rather unsurprisingly...
One last pullback before the MASSIVE #Bitcoin | $BTC Breakout!?! We think so. Elliott wave and fibonacci usually don't lie, so we hope that you've opened a HUGE SHORT position at these overbought price levels. As always, use STOP-LOSS or STOP-LIMIT orders to protect gains, as well as limit potential losses on your trades!
Made a quick decision to short #Litecoin | $LTC /usd! Looks like easy money. Are you in? We certainly are...
#MicrobotMedical | $MBOT is due for a MASSIVE ABC CORRECTION!