4422 - Gap and Crap complete. A lower High on smaller timeframes led to Sell Signals which were quickly heeded. The 50/200 are now pointing due South on 5 minute timeframe. Last Thursday the Divergences provided an enormous warning. Negative Histograms are waiting. Chasers are eyeing a considerable "Panic Cycle" setting up whereby the "everything must go...
The Indices will see a healthy correction into the Seasonal Period of Extreme Weakness. We Anticipate a LARGE Selloff to begin during Globex Sunday followed by further selling into Monday. The PRICE of the things we need is an issue... it is not lost on Institutions. They are heavily positioning for SELL.
In the chart you can see a schoolbook Head And Shoulders Bearish Chart Pattern. Theory says that you measure the distance from the neckline to the top and then consider the same distance to discover the bottom from the neckline down. In this case it coincides with the strong 40usd support! ARK also sold its positions in TCEHY Tencent Holdings Limited. I`m...
In a selloff that can predict a new market valuation on Chinese stocks, ARK Invest sold all its 9 139 000 shares of BEKE. Looking at its financials, BEKE is not a bad stock to own at at price lower than its IPO. The company had revenue increase year over year in the last 4 years, but only in 2020 went profitable with 2.78Bil Earnings. They also have a decent PE...
Don`t you like basic technical analysis without fundamentals whatsoever to back it up? Because otherwise before entering the pump you would paid attention to 17 Education & Technology Group Inc. business update: "institutions providing after-school tutoring services on academic subjects in China's compulsory education system, or Academic AST Institutions, need...
At the time of DIDI`s IPO i was tempted to enter this stock because i was listing to Jim Cramer`s blessing: 'I would try to get as many shares as you can'. i hope he didn`t. and i haven`t entered either because i considered the valuation too high for a company that last year had negative earnings, -10.84Bil. And in comparison i was listing to analysts saying...
GOTU had negative earnings last year, -1.39 Billion dollars to be precise. So it`s a money eating machine that burns a lot of cash just to operate. How do you see Gaotu Techedu raising money this year? Would you buy a public offering from a nonprofit company? Now look at the 15% recovery today and think about this perspective: a temporary recovery in share...
Think about this perspective: a temporary recovery in share prices after a substantial fall, caused by speculators buying in order to cover their positions. this is the Dead Cat Bounce! China's crackdown on for-profit education companies was a disaster for traders not using a stop loss. In the 52 Week Range TAL Education Group went from 90.96 to...
NIO Market Cap 64.492B BMW Market Cap 65.701B NIO Revenue 2020: 16.26B usd NIO Earnings 2020: -5.61B usd BMW Revenue 2020: 104.21B euro BMW Earnings 2020: 4.92B euro NIO Revenue Q1 2021: 7.98B usd NIO Earnings Q1 2021: -4.87B usd BMW Revenue Q1 2021: 26.78B euro BMW Earnings Q1 2021: 2.81B euro NIO Forward Dividend & Yield N/A (N/A) BMW Forward Dividend &...
China's crackdown on for-profit education companies was a disaster for traders not using a stop loss. In the 52 Week Range EDU New Oriental Education & Technology Group Inc. went from 19.9740 to 1.9400usd. After-school tutoring institutions must transform themselves into "nonprofit organizations". Jim Cramer (Mad Money) on China's tech crackdown: You can't...
The FDA is unlikely to approve Ardelyx`s drug for dialysis patients. Ardelyx received a letter from the FDA stating that deficiencies in the information provided had been found that would preclude discussion of approvals Ardelyx has sought. The most likely target is the 1.6usd support line from which it can bounce up.
Any feedback and suggestions would help in further improving the analysis! If you find the analysis useful, please like and share our ideas with the community. Keep supporting :) Quick glance: In our last analysis on ETH, we suggested to wait before thinking to buy the dip. And rightly so, it has dropped by another 12% since our previous analysis. ETH has...
Transports tend to lead the markets. and this is a very key level. looking on a monthly time frame You can see transports just hit the top of the trendline that dates back to 2009. In the instance every time market either cooled down or sold off fairly sharply. is the parabolic move over? Transports might be the key to tell us it is. I am currently short IYT and...
Presented is a 1 hr chart analysis leaning towards a sell off. We are retesting our top resistance area of 70.00. With immediate volatile action in this zone sentiments a sell off. $70 a barrel seems to be our top target reversal. I have 2 take profit targets of 68 and 66.50. Price action is consistent with oil making these targets ever more accurate. RSI and...
Even after 50% + correction i believe this is not end of bull market. If we zoom and look at daily chart we can see clearly wyckoff theory and manipulated move. I believe whales are just trying to panic newbies and retail to sell. Miners are still not selling, stock to flow is showing to us this is not end or even close to peak, a lot inflow of stable coins to...
Hello Community! BTC /USDT is currently attempting to move above the major S/R zone (white line) shown on the chart. We need to close above this line on the 4hr or Daily TF for this bullish momentum to continue. If entering a trade don't forget to use a stop loss. Don't trade with what you're not willing to lose. Love it or hate it, hit that thumbs up and...
If we take a look back at the 2017-2018 Crypto run up and sell off the similarities in price action are eerie. I went through studying all the moves trying to find a proper price target based on measured moves with little success. However, today I had a realization, once BITSTAMP:BTCUSD was unable to rally, and a large liquidation through $30000, I realized that...