Progress Software (PRGS) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.50 per share a year ago. Uptrend starts after break above $40
#MellanoxTechnologies is outperforming the sector and and looks like to continue its solid performance. It tries to break $120 again but #rsi is still weak.
It needs to get in the channel before to be trusty. $371.98 is first resistance to overcome and watch for rsi break out as well
Expecting more downside from current level/price. Possible entery Q2 - need confirmation on reversal.
Hi Traders! We haven't looked at Litecoin recently, one of the most famous cryptocurrencies. We are currently at $ 60 and our fundamental question is - is this the end of the correction? As you can see from the chart, we have highlighted a bullish and bearish scenario. In the case of the bullish scenario, we assume the correction is fully completed and the...
This is my first idea, this means I have made a mistake, and therefore I apologise to those involved. NYSE:IBM Try to open positions under 130 $ (you have got opportunity until that bearish market didn't turn reverse) Risk: Small - - - - - - - - - the IBM has got a very strong Weekly Support at 126.85 #NAME? - When this Virus situation...
Clearly rejected by Pivot R1, but closed just above black trend line and has support at Pivot P and Fibonacci 0.5. I want to buy it closer to support.
Have you seen it? It’s on the weekly chart, and all we need is the coming week to be down for a bearish reversal confirmation pattern to complete the DARK CLOUD COVER Technicals not yet supportive of a bearish trend YET, understandably as candlesticks are the first price indicator to give the heads up. Bearing in mind (pun not intended), that the recent rallies...
Viacom CBS has fallen far this year, to its current P/E of under 4.5. With a PEG ratio of 0.47, it's looking extremely undervalued. ViacomCBS has an analyst summary score of 9.4/10, meaning analysts are highly bullish on the stock. In terms of technicals, the stock is exiting oversold on the daily. Analysts have lately been increasing their earnings expectations...
Central banks around the world are coordinating in a last stand to prevent global meltdown. So - they're about to decide massive liquidity injections into 'their economies'. China, the USA, Singapore are already on board. Expect Germany to follow cuz the German economy is on the brink of a recession. What this could mean is a number of things: 1. The punters...
V gained momentum in January as it announced new displacement technology for 2020. The stock has a Professional Trader setup for triggering High Frequency Trader algorithms, which ran the stock up with momentum. Profit taking quickly halted the run temporarily with a gap down. Smaller Funds VWAPs triggered on the Buy on the Dip, which created another 4 days of...
Hi Traders! In the last two analyzes, we have focused on bitcoin and so far have been wonderful! Today is the time for a smaller altcoin. As a potential profitable candidate, we choose Enigma today. On the chart, we can see 3 basic cycles on the market. The bull market, bear market and sideway movement. At the moment, ENG creates bigger highs and bigger lows...
UIS made a massive +60% weekly rise after it agreed to sell its federal government contracting division to SAIC for $1.2 billion. The result technically, was an extremely overbought 1D chart (RSI = 80.509, MACD = 0.480, ADX = 39.766) with the price approaching the 21.00 Resistance (Since September 2018). There is an interesting technical pattern when the RSI hits...
Hi Traders! Today, we look again at bitcoin, but in a shorter time frame. We see an essential zone that can decide on further developments. On 17.12.19 we witnessed another "LOW". We're currently in the channel and have completed waves A and B. At this point we're already in wave C and there's no doubt that bitcoin has started a new cycle. Each new cycle...