TomTom is struggling.
That is no secret.
The businessmodel of selling navigation-devices to the public is destroyed by Google Maps and by onboard navigation in new cars.
They tried wearables, but it did not work out so they abandoned it.
They work on automated driving software now, but that will not replace the cashcow for time to come.
Their most valuable...
On the monthly chart TomTom broke the trendline downwards, retouched it and is now on the way down.
Expecting some quick surges down on the next occasion.
Possibly TTM-news or the next drop in indices.
Expecting a decline in TomTom.
When trading this idea with an option-strategy we want to know when most likely to expect the start of the downturn because of expiry.
When the price breaks the trend line the acceleration has slowed.
Good area to look for a short into consolidation or into a move down.
Would be invalidated if this breaks above the key resistance here.
Cup and handles are often stretches and do not play out, however there is one possibly forming on this chart. Its worth watching and seeing if it plays out.
India has, in the past, been called the “next China” for possessing some of the same growth potential and investment opportunities. The truthfulness of this claim was supported recently when Chinese authorities began cracking down on its tech sector giants, prompting investors to look elsewhere for a more reliable home for their money. Coincidently, Indian tech...
U.S. West Texas Intermediate (WTI) crude futures jumped 39 cents, or 0.5%, to $70.44 a barrel after rising to as high as $70.62, the most since Oct. 17, 2018. WTI prices climbed 1.2% on Tuesday.Improved demand outlook appears to be bolstering crude oil prices, as the successful vaccine rollouts and summer driving season in the United States and Europe continues to...
So EOS has had a very dramatic start to its new ERC20 token life and its continuing ICO/token release and after a half a year some patterns and targets have become rather clear...
First up, i personally have been reading up and looking into EOS and everyone who been saying its the ETH killer, could be correct....
BUT...
are they correct for the right reasons?...
Bitcoin formed a cup and handle as well - keeping to recent channel but expecting the reverse like clockwork if the following plays out
bullish sentiments may take towards a new ATH or a double top
looking to short from the ATH and then long on the bounce, MACD is signaling over bought sentiments
put in channels for typical set ups, be great if it does follow...
As Bitcoin civil war continues, so are we.... Bearish or Bullish?
Beats playing Eve Online :P
Its hard not to take notice of recent events, BTC, still the king and holding strong but we see some dips coming in the near future and with opposite colorations on prices, makes a solid indicator to trade with, been a very powerful week with market cap peaking out at...
NASDAQ:BIDU
After Many Good News in Baidu like Partner ship with (Nvidia & Microsoft), they would cooperate
on the developing of a self-driving solutions (Autonomous Driving)
The company announced that more than 50 partners have joined the (Apollo open autonomous)
driving project and highlighted the variegated nature of its partners:
Members of the Apollo...
![EOSBTC: EOS vs Bitcoin Cup & Handle ETH Killer? [BTFD]](https://s3.tradingview.com/f/F0tc1yWe_mid.png "EOS vs Bitcoin Cup & Handle ETH Killer? [BTFD]")
