Long-term Fundamentals - Bearish Long-term Technicals - Bearish Medium term Fundamentals - Bearish Medium-term Technicals - Neutral Short-term Fundamentals - Bullish Short-term Technicals - Bullish Recommendation: SELL on strength.
Maybe the Bottom is on the 4h medium. I see in a glance a possible H&S designing. Lets see if the neckline is bronken upwards
Since the GRT dumped here are a few different patterns I laid out going back up. Not financial advice
Been following this for a few days, MACD and RSI heading up, seems like its leading the sector and had a really strong day today.
MACD and RSI crossing up, recovery plays following similar trends.
Both MACD & RSI are crossing up, strong recovery play and is following other recovery stocks for rebound.
Probably I’ll post this text several times (under each ticker) that I mention below, as the meaning of the writing necessitate it. Introduction and the mindset: 8-10% of my wealth is in the US stock market, other almost 90% in real estate in Europe. As for the stocks, you got to have a diversified portfolio in my opinion. As my experience tells me you can be...
Sentiment for Global Recovery Further EUR weakness expected as fiscal & monetary stimulus in Europe will push inflation-linked assets higher globally. Auddie strength on commodities correlation as global inflation is expected to rise as vaccine roll-out helps boost economic recovery. Economic activities are expected to bounce back as vaccination efforts...
I show what happened after two wedge formations. Note carefully wedges do not rule the market. The create probabilities not predictions. Wedges do fail. There is hardly ever a perfect wedge pattern. The most recent one doesn't look too great. Price can fall out of a wedge and rock back in as you will see. Therefore trendlines drawn have to be estimates. From...
This morning we saw a quick drop on this pair. With the positive corona news, I think we will shoot back up to the last high. Price action is decent, so we might even shoot towards 79.
Historically, USDJPY has had a positive correlation with interest rates. This implies that whenever rates go down, USDJPY follows lower. However, since September this year, rates as seen on the US 10 YEAR YIELD have been rising. USDJPY was falling on USD weakness. Interest rates are rising as the US Federal Reserve has been providing massive QE and financial help...
In my last post I argued that Bitcoin should close over $17.500 in order to start a new run upwards. In the last few hours, volume has increased significantly, launching the price upwards. I think we will challenge the resistance of the last high soon. If Bitcoin manages to break the resistance with significant volume and price action, we could easily see the...
The tide in the $20 trillion Treasury market appears to be turning in favor of the bulls for now, with expectations growing that the Fed will boost purchases of longer-maturity debt as soon as next month after Mnuchin requested the FED to return the money set aside for lending programs in the US. This implies we could see a weak US Dollar moving forward. However...
Hello traders and analysts, Here is our quick take for GBP AUD - we have had some very good moves on this pair as of late with great opportunities to buy and sell in the same day. or following day. Overall - we are in a huge range. We will look for buys at the bottom zone and continue to scalp sells on the 4 hourly. as far as our bearish models looked to...
NASDAQ:ZM After 37%(-222$) of Downtrend... Buy The Dip! (especially if it's a big cap like Zoom) The Corona will not end soon, the world has changed and zoom here to stay. There is a multiple bottom on trend line, also 401$ is around a strong whole number (400$) .
Oil Tankers have experienced a lot of uncertainties due to the pandemic in 2020, however it is clear that the worse is behind us. Oil it will slowly drift higher and so tankers like Scorpio will benefit from that. My primary target for STNG in the next 6 months, is on its immediate major FIB level, around $18. Let's wait and see how it will go in the next couple months.
Following positive Vaccine news on Monday, investors are already buying into reflation trade ideas. This implies that it won't be long till the global economy bounces back once vaccine distribution starts next year. However, we are still far from having an approved vaccine. Therefore, US Oil has two narratives to go buy. Vaccine approval happens sometime...