I used Fibo lines to corretction im expecting right now. I Think we could double bottom or mark 0.886 fibo of last bottom.
Currently Polish companies recoomend geting into long position. I have many long from 100pln and the lower we go i plan to long more.
Diffrent countries companies alredy have short with 90pln lvl, and i think this is what happen before we...
Recently diving into Cyberpunk 2077 has unveiled the developer CD Projekt's potential. The studio's shares are listed, prompting consideration for ownership.
The stock's recent performance may align with the game's reception, but it's crucial to delve deeper into CD Projekt's fundamentals beyond a single release.
For those intrigued by this opportunity,...
the medium-term trend after the last peak is clearly correcting,
the first hit of demand should appear right now, near the green trend line, which the price is breaking, but we will see if we can reverse its direction or just make a stir with the movement
In my opinion, the closest firm support is around 28-26, slightly above the last low
I also see strong support...
Wake the F up Samurai, We have a money to burn!
CD Projekt is a Polish video game developer, publisher and distributor based in Warsaw, founded in May 1994
most people and investors think investing in Metaverse means you should only buy Meta stock but Metaverse already here and big gaming companies are leading it
CD Projekt's three year median payout ratio is a...
GPW:CDR is predicted to reach level of 205 PLN. There are still more than 2% of stock. A short squeeze possible.
Warsaw Stock Exchange - Short Selling Register
rss.knf.gov.pl
After a 50% rise in the price of the stock, it seems to be natural for a little pause, before further movement. At today session, the rise was not so profound, therefore it seems that the stock price is getting saturated.
I estimate that either tomorrow or Monday it will drop in the region between Fibo numbers, around 150 PLN.
what a nice long and what a great day, hows tradin so far Chooms?
cyberpunk dlc phantom liberty coming on September 26th 2023 and cant wait to play this gem
as usual CDPR going to sell million of copies and making hundreds millions of dollar so for me CDR still is safe and good place to printing more money. 2023 is a great year to buy the dips and enjoying 2024 after that
Last time with base and supply support and then "worked out" (xD) them based on the price behavior pattern.
Today's behavior from the structure break line is determined from early September / early October, confirmation with fibonacci (bottom {0} + peak{1} ) that the price is applied to the creation.
Additional fuel for speculation is a special Cyberpunk DLC,...
If there is one place i will be putting a chunk of my portfilo in studio right here.
For anyone that doesn't know this studio created video games based on the witcher series and also developed cyberpunk 2077 that released in 2020 when the stock was at all time high at 458 dollars.
To think this stock is 80% down is mad , CD projket red have began a partnership...
Extended 5th means deep retracement
Minimum target is where Wave 2 ended
In this case its 5 USD
It could go even lower that that
You can also see H&S being confirmed
If you believe in the company it could be the opportunity to scoop up alot of cheap shares
Keep in mind the risk of company going under though
I see here the end of the down trend
The copany is still in profits and future games and Witcher movies
the is a gap if 60% from all time high
and a Pe of 15 for a gaming stock
Lets take a here a good risk value ratio
We have been at this PCZ for awhile and showing many instances of bullish divergence now we can see that many of the moving averages have converged and it seems that we will be getting a golden cross pretty soon now may be the time for this game dev to rise once more.
It's been a while since my last update on this one.
1. Supply zone hit
2. Bbands squeeze
3. Mid bband break
4. Kijun break
Large move is incoming I bet that we are going up + maybe soon some big announcement coming? who knows :)
An interesting thing that I stumbled upon when looking at CD Projekt Red. I looked at the longest downtrends of the stock and it looks like that they took almost the same amount of bars/days to happen - moving in 101-103 bar cycles on the daily chart. That's all folks.
Moves inside a downward Triangle, if you want to play it long - accumulate shares around the demand area and wait for new games/publications as catalysts
