Bullish pennant, tk cross, and kumo twist. RSI is looking ready for an uptrend as well. price has confirmed uptrend by passing cloud. Buy some shares and watch it closely on larger time frames to ensure its good to hold
Bitcoin Cash is a partner with Bitmex in implicit or explicit way. As you know this coin is fork of Bitcoin which claiming that it is more faster than Bitcoin. The controversy is that Roger Ver and the whole Bitcoin Cash team is scamming the Cryptocurrency with this coin, with all of the shady actions that they've made. This rumour spread among crypto twitter OGs....
Established in South Africa in 1915, Naspers Limited is a media, internet and entertainment powerhouse with a footprint in more than 130 countries, and is one of the largest technology investors in the world today. The group’s principal operations are in e-commerce, video entertainment, print and online media.
Naspers shares have continuously been one of the JSE...
GOOGL appears to be in a good position coming into earnings. It's seen a significant pullback over the last month largely due to the broader market. GOOGL earnings are expected to be solid as well which will calm investors after a rough month. I gave some simple technical reasons on the chart, as well as GOOGL being a fundamentally sound company.
Thoughts?
-Kristian
With Nasdaq Futures seeing high volatility in a bearish trend, there are 2 levels that I like for a trade with the thesis that as long as we are below 7210, we are going to test the 6900 lows.
Trade Setup 1: I think a retest of the lows would be a successful and see at least a 100 point bounce.
Directional Bias: Long
Price Target: 7100
Good Entry:...
Short this sub $100.
Current fundamental issues that impact share price of BABA ADR:
Trade War
Intellectual Property Rights
"Spy Chips"
Declining China Growth
Overall Market Weakness in Tech
List goes on...
#NASDAQ100 pennant pattern, looks like we could have continuation to the downside. Until it breaks, we can't take a trade short, if we break higher then buy.
keeping it simple.
This is high risk reward.
Looks to be respecting this wedge, and has slight positive momentum.
They just released their game app a few months ago, and seem to be working with cartoon network.
and once earnings come in for the quarter with the new numbers, this may jump.
We have a daily squeeze, waiting for the pop, loading a small position...
I posted earlier on my Instagram www.instagram.com that I can see downside targets in Amazon for the intermediate term achieved and this could present a buying opportunity. Long-Term I was looking to test the March Lows, however, it has retraced 50%, which is technically the median point of this rally, where traders can load up at cheaper prices.
I posted earlier last week on instagram @long2bear, that there was a Head Shoulders break on the #NASDAQ100 and look to sell rallies, the market touched the neckline, then we sold off hard. As you can see, we had our targets mapped out, and you can see, we nailed it. At the moment, on the sidelines until the chart clears up and presents us, with another...
BB is evolving in a parallel channel. We failed to break out of the upper limit even after a positive $0.15/share surprise on EPS and an increase of 126% in net income compared to last year's report. However, the announced high revenues coming from their new activities take longer than expected to yield a profit. That is why I believe market sentiment will not...
Roku has been a market leader for all of 2018. after a bit multi day pullback here we are testing the 50sma for the first time in a couple months. This has been a key bounce spot on this name.
The $qqq and $iwm are oversold now we could very well bounce into the close. I am long a few of these for a daytrade. Will turn to swing trade if it can close green...
Directional Bias: Long
Price Target: 225
Good Entry:210-212
Risk/Reward: $3 max risk/$10 Reward
Given the market volatility, especially in Nasdsaq, my view on AAPL is that buying calls 2 months out is a good idea in the 210-212 area.
Many people ask me about my thoughts of Xiaomi IPO and what i think is:
I personally like/love Xiaomi products. But i will skip this IPO and continue specializing on the small tech IPOs.
What i think of IPO as investment:
- Overcrowded (mostly with people who don't participate in IPOs)
- low demand (read latest news, price range reduction).
- its from China...
Intel and AMD are both making industry moves to be the best in processing sales. AMD is in front as of right now but it has also been rumoured to have a AMD chip with Intel technology to help both companies grow together. This is yet not confirmed but it is defiantly an opportunity for the market. having both companies together but having AMD sel this product will...
