anyone can please reply if it is correct or whats wrong and give me suggestion to improve that
Follow support resistance with trendline...
This analysis for short-term 1 DAY TO WEEK from Entry
ON WEEKLY SPINNING TOP HAS FORMED , on daily long legged dojis have been engulfed by the red , bear in mind end of the week slows momentum , but is it a coincidence that is it right at a strong resistance level , ALWAYS LOOK LEFT , LOOK LEFT!!! if price was to break below my support line at the opening of the markets and sustained a downward motion by tuesday or...
As you can see from my chart I'm anticipating #USDUSD to decline 32 pips to 1.3004 with a risk to reward of 2:1 . Reason being is because we are still bearshish with a lot of seller in the market, intraday S&R has been broken & many more key factors. Lets see how this trade plays out! PHILL
Today Netflix missed its 5 million subscriber growth BY HALF! This certainly could be a sea change for how people see the company. So many competitors coming online. Hulu, YouTube Premium, Disney+, Apple TV+. If they can't keep subscribers now, how will they when the space gets really saturated. On a valuation standpoint, the company is VERY expensive,...
Knight-Swift, $KNX, the largest trucking company in the US, rallied yesterday after the earnings release of competitor J. B. Hunt $JBHT. J. B. Hunt's earnings yesterday were mostly inline, but these better-than-feared numbers eased the idea of a major transport downturn. Here's the daily chart for J. B. Hunt $JBHT. So today, the day after that nice rally,...
Soliton reported highly anticipated results from its study on cellulite reduction on Monday, July 15th. In anticipation, the stock ran from $12 to $20, but on the day of, the stock closed down 15%. Soliton is a small cap medical device company that has an acoustic shockwave technology for tattoo removal called Rapid Acoustic Pulse (RAP). The treatment works...
Yesterday the stock fell because the company's EVP of Global Sales left the company. This follows 5-6 (yes 5 to 6!) other senior enterprise sales executives and that have left in the last six months. No company loses this many sales executives and hits their numbers. I anticipate that Five9 is going to miss next earnings pretty badly. Next earnings are on July...
Galapagos announced today a large investment and a 10-year deal with Gilead $GILD. The stock gapped due to Gilead buying 10% of Galapagos at $158/share. However, when stocks gap up on investments at a premium price, they almost always fall (see $MGI, $ARWR) An analyst at Raymond James agrees, saying he believes $GLPG stock has now fully realized his price target...
$NUS short idea after similar company $USNA reported earnings last week and gapped down 20%. USNA reported a slowdown in growth in China due to Chinese distaste for Multi-Level-Marketing. NUS will have the same problems when it reports, as it has promised growth in China
Bloomberg broke the news on Wednesday July 3rd, 2019 that Broadcom is in talks to buy struggling Symantec. This is a terrible idea on many fronts and $AVGO closed down 3% on the news. I believe that investors do not want this semiconductor company to waste $20 billion on a cybersecurity company (and why pick the one that seems to be struggling the most?). ...
After all the positive weeks from Mar & April we now came to a week where we are equal buyers and sellers. Keeping it simple, not using technical terms much, I want to say that, this week we closed the candle with equal red and green. So when this happens the following week will either spike up or spike down. What do you think, comment below. Now looking at...
Im looking and seeing strong trend continuation should be looking for selling opportunities