Conviction: 3/5 General Thesis Weekly RSI looks is attractive but likely to go lower Daily RSI turning up from oversold positions breakout from 2012 down trend resistance, could be the start of a leg up! target $60 Growth Gross margins (57%) is pretty steady, at/near historical highs Revenue growth (1.32%) around 75th percentile Value ...
Low conviction trade bounced off 100 and 200 WMA, could be good buy point but Weekly RSI is not at super attractive levels. on the other hand, daily RSI has been hovering at oversold levels for about a month now, so could be good entry.
Cumulation of thoughts, patterns, candles, TA, emotions, if the market gets REALLY volatile Extremely speculative. You could even tighten this TA up even more to the next few days / weeks! So much news every day... NOT FINANCIAL ADVICE. SPECULATION ONLY. DO YOUR OWN RESEARCH.
Hi everyone. So, today I want to talk with you about swing-trading idea of Abbot Laboratories. This company works in medicine and drugs industry. They show good results financial, some good dividend ratio with debts payments. Their big debts are typical for this kind of industry - medicine require big costs on science, study and creating costfull, effective...
My personal speculative opinion on CKB using Elliot Waves. As we can see the price is currently on 50D ema (purple line) and the price could go to the target 0,10$ from here, but it might also slide to yellow trendline. But we are highly bullish so buy cheap for upcoming massive gains.
Excuse all of the extra lines, but here's my thesis: Massive volatile flow for this stock in the last two weeks. Here's the pattern I am looking at. Resistance seems to be happening around the $5 range (4.5-5.5), and every time the stock dramatically reacts up or down, it's due to news. I believe many investors are speculators hoping that SOS isn't a fraud...
The recent sell of was quite scary for some, but it looks like we probably are finished selling off (even it means we're going flat for a while). With the huge move in $GME today after hours and the major crypto's finding bids, I would keep an eye out for a move upwards. There is still 5x or more potential for doge coin in the long term and that massive upside...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Just playing around with copying a previous pattern and trying to find confluence with fib levels. I find this chart interesting but its more for just for fun, I dont have extreme faith in this. Obviously, not financial advice.
If a H&S forms at the indicated point, I'm going to follow this 100% speculative strategy. Splitting the entry points in 3 with different entry ammounts (base is 1).
I'd like to start by saying this is a very speculative play on the cannabis space. High Tide (HITIF) manufactures and sells cannabis accessories. That being the fundamentals along with the chart setup give me confidence that the risk is well worth the potential reward. Let's jump into the numbers. Last quarter HITIF posted just under $17 million (USD) in sales, a...
This is another possible Bitcoin price projection into 2023 whereas I have also provided one for mid to late 2022. Of course, this is all speculative and you should not base any trade moves based on this theory. I am using the fib circles and pitchfan fib to help me with some kind of direction towards the $250,000 mark.
Weekly analysis for ZSF2021 Week 44: 26 to 30 October 2021 Soybeans is persistently soaring higher and higher, there was no sign of slowing down. Even today, there is no strong seller sighted yet; looking at from the momentum movement, the market may show a sign of deceleration. However, until we see a Strong Seller, then we can say that the momentum has changed...