Since there was such an overwhelming interest in weird things I find in gauging the market....I made this video that breaks down 4 stocks that I used Past Trend prediction on and paired it with Key Code to show confluence on these stocks going Up. Keep in mind these are 2 different paths from 2 different time periods and completely different moves altogether. If...
1. Bullish new 2. Bullish MACD 3. RSI is not in the overbought area 4. Performance +10% month +30% half 5. 0-5% below 50 day high 6. Price above 20 and 50 day SMA 7. Positive momentum
Rio tinto is one of my fav mining stock. The stock was beaten recently by bears but last friday made a powerful comeback with gap up opening and increased volume. Indicator look bullish. in my opinion rio will move up to 85 and then there is a gap and it will fill it. Also weekly chart looks bullish it is providing a good entry point at this price.
This is not a...
Pattern recognized: Running flat Elliot Correction Wave.
Thesis: Bullish sentiment.
Conclusion: Look for LDC between 1 and 5 min.
My strategy: MEWT (MODIFIED ELLIOT WAVE THEORY).
***This does not constitute financial advice.***
On a technical level, a Bullish Cypher Pattern is being formed with a target in the 5,200 area, which respects the Fibonacci dynamics. You can see important support at 5,800 as the MM200 passes. Monitor closelyr the developments in prices on metals.
- Metals bull cycle is starting... 5+ years IMO
- Cyclical bottom has been found in certain PM markets
- 90T USD Smart City plan being pushed... They will need raw materials to fuel the next bubble. You haven't seen anything yet.
- Company is poised to dominate, partnering with Palantir and incorporating blockchain technology
- Good dividend stock that will move...
Who would have thought it?!
Rio Tinto is faster than the police or the Söder allows.
The shares simply do not respect the boundaries of the restrictions and cross the borders. That is forbidden, after all in Germany.
In this case, Rio Tinto is making a statement with a new all-time high and thus for me an superior ongoing wave 3.
With 4.8% p.a. Dividend yield one...
