The index is set for an improvement in business fundamentals for the companies housed here. Product innovation continued to intensify and the Biden Administration will be supportive within the healthcare spectrum. The recent downward movement may be attributed "Sell the Cure" for Covid-19.
XBIT is at a great location for a mid term trade based off the weekly chart, using a weekly inside bar as an entry point
DO YOUR OWN HOMEWORK ON THIS RISKY TRADE - That said there is a Dutch Auction which should come in the range of $30 plus now trading in the $21 range 99 shares or less and you're considered "odd lot" and get full tender - DO NOT make this trade without reading the full tender offer which ends Feb 12th Also if you do buy 99 shares or less and put in a "no bid" you...
This is a swing trade i am taking a bullish stance on. It mite become a momentum break out golden cross has not yet occurred mite eventually.
Stock gapped down April 2017 from $17 to $10.50 before a further slide to $3.15. Since that point there has been a steady consolidation period with a slight up trend finally breaking from the ascending triangle with larger than average volume. Retested historic resistence today which held up. I'm looking at this to move into higher highs attempting to cover the...
Price got kicked down at the centerline. Then the world falls apart for XBIT... ...at least it looks like. To me this is a GAP could be engineered from the Market Maker. Think: If you would know "something" in advance and had the money to invest in a startup, what would you expect from the board to do for you? Hmmm... OK, I really dunno, but this could be a...
If you where not on the ride with us, check out the chart and trade here: Here we are, back in the reality where markets don't grow to the moon...or do they? Below the blue centerline, there is some more to pick up (...thinks the guy who want to buy big). Therefore, price will probably go south some more points, before it finds support neart the white/blue up...
Here we have it on the daily. This will be a rocket ride, leaving "Forest" way behind. One way ticket, one way ticket to the mooon ;-) Trade save and don't jump the gun! P!
This is one of my longterm play. XBIT has crossed the CL to the upside, did a little PB, bevor it takes off to the centerline...hpefully ;-) The exponential path so far does even kick my brain electricity for a cristal-bowl look up to the Upper Medianline. (...darn would that feel good...hehe...). Playing it small, always in my risk range. P!
Bounced off cloud. MACD cross. Earnings Aug 12th I believe. Could run nicely next few days. Selling has been mute over the past week. $XBIT