After yesterdays sell-off there is a decent chance, that we see one final dump to 2600-2700$ next week. ETH failed to hold the monthly open level and couldn't even touch 3.4k, so in general market is still pretty weak. In theory it could go as low as 2500$. In my previous analysis I had ~2700$ in mind for this last leg, but it looked pretty decent after the bounce...
After the news that came on Thursday and Friday, we can see that price on the 4H chart took out the Internal Range Liquidity and made a shift of structure to the upside. So for this week for me I expect to see a retracement continuation into the Internal Range Liquidity before taking out the External Range Liquidity to the upside.
(11 May 2024) Watching AEO as a potential breakout trade. Potential Entry: $25.15 Initial S/L: $ 22.14 Counter has appear to have completed Subminuette Wave iv as a Flat correction from its Subminuette Wave iii High at $26.44 Look to play the breakout trade as soon as it triggers the $25.15 high Trade will be voided if prices break down in the opposite direction...
Pepe has been in a 2 month range. Throughout the range I can see that there was market participants accumulating supply (check OBV). I'm looking to play this breakout, stops set on 1x ATR. If it doesn't break, good, let it range more, and then we'll come back to the next time that it will breakout. Either-way if given that PEPE ranges for longer in a bull...
(11 May 2024) Opened a new position into BRK.B as a Trend Continuation trade Entry: $411.35 Initial S/L: $ 395.66 Counter has appeared to have completed Micro Wave 4 as a Zig Zag correction from its Micro Wave 3 High at $430. Look to ride the trend back up to its Micro Wave 3 as the initial target.
Some what bullish on HGTY, has some potential for long term
Follow the trajectory. Will be a money-maker! This stock will Regain its Previous High. It is Forming a basing Pattern so many Successful stocks lay out before going on to Astounding heights. (There is also a chance that they will beat estimates, due to easy comp's and expectations.)
I am taking a contrarian view and bagholding rune... never been more bullish in my life. Love the negative sentiment I am seeing these days. This is not financial advice I have 0 idea what rune does
OSMO is making new lows... this may be good... for who likes to DCA into a falling knife (joking) or may be pretty bad (investors lost confidence) As we may know... if binance has not decided to get rid of a coin.. they still support the project (in some way or another). Targets are versus BTC pair. This may the bottom. We shall see !
IQ is ready to make at least 10x, make your research and you will see why. THIS IS NOT A FINANCIAL ADIVICE, PLEASE INVEST AT YOUR OWN RISK
Caxton (CAT) is a South African printer and publisher. This company is at the heart of the displacement of hard copy by digital and it is adjusting by reducing costs and trying to move across to digital platforms. But there has been a steady erosion of advertising revenue and even before COVID-19, the purchase of magazines has been in decline. In its results for...
Brimstone (BRT) is a black-controlled investment holding company with a diverse portfolio of holdings. It owns: 1. 54,2% of Sea Harvest, which is a listed fishing company and has a market capitalisation of just over R4,5bn. 2. 100% of Lion of Africa, a loss-making insurance company, which decided in November 2018 to cease operations and close its doors. 3. 100% of...
RDNT Can be a good player in the next bull, I’m adding at this point 🫡
Added on buy and sell zones for levels that have shown to be good risk / reward, also lining up with other sentiment indicators we have seen overtime.
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CA Sales listed on the JSE on 27th June 2022 and traded 34 deals on the day opening at 505c and closing at 745c. The company supplies food, health, alcohol and fast-moving consumer goods (FMCG) to a wide range of companies. It is involved in warehousing, distribution, marketing and point-of-sale. In its results for the six months to 30th June 2023 the company...
GTC is a property group operating in central and Eastern Europe. The company has properties in Poland, Bucharest, Budapest, Belgrade, Sophia and Zagreb. It manages forty-seven office buildings and 6 retail properties with gross lettable area (GLA) of 829 000 square meters worth about 2,35bn euros. The company is listed on the Warsaw Stock Exchange (WSE) and the...