Growth stocks outperform value stocks most of the time on a weekly chart of $VUG / $VTV, Vanguard's growth and value elf's respectively. Since the start of the 2022 bear market that relationship has reversed and, in August 2022, broke both horizontal support as well as a 14 year long diagonal support. These breakouts are being retested now, in January 2023. The...
Stock price is at $1.00. Mean price is at $2.87. Golden pocket is at $4.20. Bullish RSI divergence after a 95% pullback People actually buy their weed for $120/oz because it's quality (AA/AAA), consistent, and readily available. -------------------------------- = 420 YOLO Medium to long-term trade setup. I will be feeding the ducks this summer (June/July)
Here's a trade setup I've been waiting for to get ripe for a while. ZIM: the dividend IPO pump n dump darling. It has some ridiculous fundamentals with currently a book/share of 48.4 and a cash/share of 26.12 along with a crazy 166% dividend: finviz.com It has been following this linear regression trend on the way down, just as well as on the way up. And now it...
I continue to be fascinated by the fact that small caps once retraced their entire post-Covid move. What I mean is, the Russell 2000, which is 2,000 companies that are identified as small cap stocks, had such a terrible year in 2022 that they went BELOW were they were before Covid was ever a thing. But why is this interesting? Because roughly $5 trillion was...
📉This graph shows the average price of the main companies in the cryptocurrency sector, and their correlation with Bitcoin. ⌛Waiting to see if a bear trap forms in the purple region, or if more declines are to come...
The price is heading towards the upper border of descending channel . According to my estimates, this line will touch at the end of January-beginning of February. The trend has changed, the bull has come.
The VIX will spike again, nothing to do about it. Fundamentally, a perfect storm is brewing. We had/have many events in the markets: - Covid Pandemic - Supply Chain Disrupted - Ukraine Invasion - Russia Sanctions - Inflation Spike - Energy Crisis - Global Drought - Interest Rates Hikes What's next, a full-blown WAR?
Although Barrick Gold currently trades at its most attractive valuation since the end of 2015, but the company is in much stronger shape than it was 7 years ago. Take a look at the following numbers: Year 2015 2016 2017 2018 2019 2020 2021 Total Assets: ...
A small idea formed on the basis of the "triangle" pattern
Exxon broke out of out of it's deep value zone today above $110 per share, but didn't do so in the strongest way. Where to now? My next price target is $128 if the market remains supportive of energy. Down to $102 if the economic narrative shifts back to a global recession.
$2 - $1,32 is the best entry point for a set of positions. This could result in a 300% short term gain after a global trend change. We have also entered the oversold zone and, in my opinion, we will not stay in it for long, because weak hands are drying up, sentiment is changing, the land sale phase is almost over, and the date of metaverse launching into...
The last week was reach of occasions. Situation with FTX really scarad, and looks it will be bankrupt. The SOLANA is big ecosystem that hosts a lot of different projects. The death of SOL will kill each of them. That's why I trust in this token and it will not be equal 0. Market makers would like to make hodlers scary, and they have some sucess looking on...
PT Pakuwon Jati Tbk is an Indonesian real estate developer based in Surabaya and the holding company of the Pakuwon Group. In 2023 the company prepared a budget for land expansion. This year PWON has prepared a capital expenditure (capex) fund. PWON has obtained a fixed price and started installments for land in Batam. PWON will enter new projects such as...
On 1st Feb Indian Finance Minister Nirmala Sitharaman is going to announce budget of India. I am expecting that she will definitely talk about crypto regulations in India. As Wazirx is leading exchange in india right now, if something positive is for indian crypto community then WRX coin and other well reputed indian tokens will pump hard on tht day. So lets trade...
It is surprising to see individuals considering the current market conditions to be a bull market or potentially forming into one, given the recent interest rate hikes by the Federal Reserve.
I belive in this company, let me know if you agree with my opinion
Orange directionals : Fast recovery to the upside, top out earlier than other possible directionals. The drawback is a risk of longer term decline. At the end, the challenge to the bottom middle blue line might occur here. Increased volatility is due to the distance between top and bottom. Blue directionals : Correction continues to the downside and bring...
Making use of recent news that came out recently I was able to chart this appropriately.. especially after the Us retail news came out also the CPI data too