GSAT has formed a double bottom and the down trend line has been broken and is currently back testing the now support line.
Info is good, Q report showed =.01 cent profit / share as apposed to projection of -(.02 ) cent / share.
Massive short position could get squeezed soon.
Performance this week is 13% performance this month is 29%
my target is $2.50
We are looking at KEY, with a nice consolidation above the Tenkan in the 12H chart, it looks like its setting itself up for an Edge to Edge trade. This position may last about 2 - 3 weeks for the whole thing to play out, but we will be setting some short term targets, and after that we can just adjust the stop-loss and let the rest of the position ride.
XRP performing complex elliot wave correction. Now forming a pennant after upmove, which is likely to break up. Just like the pennant formed after the downmove broke down, i expect this one to break up. Possible bounce zone should be above the last low at point D. Invalidation will be if it goes below. This means a heavier correction is coming. The green line is ...
Nasdaq 100 NDX
Reading 2578 now - can come back to 7569 on the open but
should hold hold up here if the day is to remain a good
one....think it will be after a twitchy start. Marketmakers
need to try shaking the tree to get some stock on
board...don't think they will shake out much though - which
should bode well for the rest of the day if correct.
FMWO World Markets Near Term Outlook
This index only prints End of Day on Tv.
But it's still useful for a birds eye view of world markets.
It was meant to bounce from the lowest parallel.
Thankfully for world markets it has done.
It should rally back to the 6287 line and then, after a little
consolidation, on to the old high at 6359, about ...
Testing support at 141 but still not looking to buy it.
Waiting for a break below 141 to short again back to 124
initially and then 903 and finally 60-57.
No coin is too low to sell if the pattern is strong enough to do so.
Best case scenario for this one is a counter-rally back to the
dynamic above it before it falls away again. If so ...
DXY Dollar Index
The dollar broke above the 95.53 line on Friday on DXY chart and surged to within 4 pips of the next line at 96.49 by the end of the day before halting.
It's a little overbought and should come off from here back to retest the 95.53 line before rallying once again.
At some point fairly soon it should go on to break above the 96.49 line and move ...
EUR broke important support at the 1.15088 line on Friday and then collapsed in a near straight line towards the next line of support at 1.13679, after making a low 19 pips above here so far.
All these lines on DXY and Gold and here too are weeks old and none of these charts have had to be updated or amended....showing how slooooow most markets are ...
Right... Without going into too much detail, BTC is more ''bullish'' than it has been all year so far, according to the cloud.
At the moment, on the 1 day chart, we have:
(1) Lagging span above the price - which is, in my opinion, one of the best early and aggressive entry signals for traders, this is a very weak bullish signal but usually the first component to ...
I think the Up swing is about to start. Soon we should see the tide change and welcome some large green candles. There might be a few more bumps a long the way but mostly upward pressure is what I see coming. To the Moon I say. We all need some good news and I believe it is around the corner. Hold on to your hats, we are in for a ride. 10k 25k 50k 100k To the ...
In the chart, signals nicely jump off from the support and entering into a possible pullback area.
But the price is not creating a trend reversal.
In a day time-frame, at 0.78523 the market got a pullback and reversed the trend to down.
After the pullback, it forms an impulse to keep the reversal process in a constant form.
Back to back impulse ...