Theory of Rational Bubbles: www.jstor.org Testing for Multiple Bubbles: korora.econ.yale.edu
Hey everyone! Hope you are all staying safe. I would like to begin by saying DAMN MAN FR where did the love go? Anyways, I still would like to provide content of which I believe can genuinely help whoever is looking to grow in trading. After taking a look at the first RIPPLE VS SEC court session, it was evident to me that this case may be over sooner than...
Hey guys, YoungShkreli here Anyone who listened to me (like me) is up 25% USD and 50% BTC at the moment. I'm not mad at those who didn't listen, just remember this next time you ignore me... I am expecting bitcoin to bounce at some point in the near future, make sure you follow me to know when you should go long. The next trade will be similarly successful to...
Let’s start with feeding the bears. Microsoft stock might retrace further. On Friday it was slowing down near a support cluster near the 92.00 level, and closed the session below the monthly PP, standing exactly at the support line of the junior channel up pattern (black lines). That support lies there alone and passing that would feed the bears. Meanwhile, the...
BANK index: There is an enormous Adam and Eve double top forming inside the sideways channel. This may suggest that price is going to fall back to support. However there has been a lot of bearish divergence over the past two weeks and a corrective move bullish may push price into a breakout out of the sideways channel diverging from the bearish double top. As it...
AAL looks like it has slightly diverged from its bullish breakout of a falling wedge. None the less Friday did close with a large bullish candle after a huge gap down divergent to the falling wedge pattern. Price has been trading with the support of accelerating fan lines and may have an overall target back to the lower support line. However oil this week looks...
DAL just like AAL looks like it is ready to breakout out bullish from a falling wedge. Price is oversold on Stochastic's and the Sentiment Zone with the RVGI crossing over bullish. The first target is on the 31.8% line at about $51.97 which should be hit by Thursday or Friday. Use your 8 EMA or daily volatility to place your stop.
BAC is running into a major support line as well as nearing the support of the Upward Channel Price has been trading in for the past few months. The Falling Wedge is tightened up and will not fit another day of volatility in it. Stochastic's is in a long term up trend, the Stochastic's RSI is trending out of oversold and the Sentiment Zone Oscillator is going to...
BAC | Going into the market for 8.2.17 price has already traded to Gap up above a major resistance line and currently is at $24.49 at the close on 8.1.17, indicating a rally. Price has broken the confluence between the Fibonacci Retracement and Fibonacci Extension tool, indicating a further rally. It has also broken the 61.8% line on the Fibonacci Retracement...
INTC | Price has formed a rising wedge and has already began breaking out. Sellers have had control of the market for the past two trading sessions closing each day bearish, which is the indication the bearish breakout of the rising wedge has started. A large inverted Head+Shoulders pattern (grey) is forming as an underlying pattern to the breakout on the falling...