Intel set new 5 years after it announced its sales would be better than it had anticipated earlier in the year. Intel’s news is almost certainly good for Microsoft (NASDAQ: MSFT) and Hewlett-Packard (NYSE: HPQ) since Intel is the leading maker of chips for PC’s.
The PC market has been so mature that most analysts assumed that Intel’s future would be relatively...
Crypto NEXO finding support on long term bullish trendline on the weekly chart. Trendline started in September 2018. Also outperforming its own price when valued in Gold (XAUUSD) From what i have seen this rarely occurs, but when it does a change in trend normally occurs. Long term bullish on this crypto.
As I told you in yesterday's video I need to see a Daily bar CLOSE below or above particular SR area for me to consider that area broken. Yesterday was a picture-perfect demonstration.
SPY dropped as low as ~296, turned around, and finished the day in SOLID Green! And today it's gapping even higher with a high probability of filling the gap up to...
BTCUSD Now showing some strength to fly to 13000$ Target. 9000$ is working as a magnetic line. We can see all different reversal pattern on earth appearing above and below this magnetic Line. But this time it is accumulating over magnetic line. its a sign of strength. Set stoploss below the line and let it run to 1300$.
Don't Forget to Hit the like button if you...
The euro took strength over yen on monthly chart when this happen in past, euro has made massive moves up, the euro has bounced off monthly trend line which is another good sign, i'm not a long term trader i do intra day but this would be a nice one to hold on for months if euro can keep strength over yen, peace out squares
Bit messy but Here i have compared the strength of some major cryptos priced in both Gold (XAUUSD) and Bitcoin (BTCUSD). Ethereum can be seen as the strongest coin. It seems to be the only one with it's head above water so to speak.
a smaller pattern can also be seen on the daily chart
do you want to see, how to analyze the market? What are my thoughts behind the process? If so, then this video is for you.
Many traders think, that I only draw some lines or zones, but the truth is, that the analysis is more complex.
You have to understand which groups are participating in the market and which zones are attractive and WHY!
see chart for brief notes, dollar simply cannot grow any stronger, eventually backfires on those devaluing theirs. Currencies have to be in balance, or their is no system, the system fails from within.
Bitcoin reached about previous predicted level, after "Bear Pivot" signal triggered in LIVIDITIUM signaling script.
However, PRISM oscillators still looking weak + PRISM's pSAR-based RSI still have same way to go before resetting.
Expecting BTC to drop...
Setting stop-limit as indicated by the red arrow to protect the 30%+ profits gained so far: using the Fast AEONDRIFT script on the 1hr chart to determine suitable stop-loss values for the next few hours.
The RSI/Stochs as well as the PRISM oscillators looking bullish on the short term (for now). Looks like FTM may still have a bit of gas left to continue higher...
As of late, it has definitely been a great time to be an investor Harmony Gold Mining Company Limited HMY. The stock has moved higher by 82.6% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.
We certainly think that this might...