Claimed as Chinese version of Starbucks, a typical cash burning company.
Expecting 3 phases of future moves:
1. Investors cashing out and dumped stocks, force the price action to go lower.
2. Retails going in, and moves price higher, so individual investors could hop on and get ready for some chop chop.
3. Retails out, real value of the company starts coming...
Yuan's been devaluing since the trade war escalated and it's been under heavy pressure on exporting.
China's has been calling to defend 7 for the last couple years, but they barely had that calls for this year. Even though it was a joke to call China a non-currency manipulator.
Here's my bold prediction:
1. China will strictly tighten their currency flow, way...
Tesla had a rough month and now it's struggling and heading down now.
It's still a great company with great cars. But, I'm just really worried about the stock and their balance sheet.
Peace and targeting $200
Trust me, Vegan is no good. This Beyond Meat will definitely ride to the top for a while. BUT!!!
We need meat~!!! Actual Meat!!
Expecting this BYND to long for a while and then drop below it's journey's starting point.
We love meat, and we love to beat the meat and eat the meat~!!
Haven't touched stocks or ETFs for a while and now I decide to get back to my favorable Gold stock analysis.
We can easily spot that flag on 4H or Daily chart of GDX, normally with previous bullish price action, gold has slightly more chances on breaking the top side of the triangle.
But!! When I zoomed out to weekly, it tells me a different story. GDX was...
Nothing informative, just got bored and draw some lines on NZDUSD.
Somehow managed to put an exact length AB=CD on the chart (Ctrl C+V), and the D falls right at March, 2019 low.
This is nothing but a bald guess, hope it'll reach there in the next 5-6 years :D:D:D
This pair has huge potentials on heading down. Previous high on Mid-march 2018 doesn't impressed that many traders, and it's been forming a weird H&S pattern. I may set a sell order at 1.51. expecting to hold for a while with positive swap income as well.
Sell Order: 1.51
TP 1: 1.4963
Everything showing in the chart. And this is just a potential trend Idea.
By far DXY still have 0 intention on a hard retrace, if it wants to go down, it should be done many times before.
I still have more bullish bias for DXY, wish to see it goes higher.
Clearly NFP and bad earning data didn't boost EU back above to 1.125. I decide to take this risk and short this pair at so called the bottom.
1. Hourly candle shows a inside bar that may favors the bear.
2. Hourly candle bounced off EMA 230, which I used a lot.
3. 4H candle bounced of the bottom of the Ichimoku Cloud
Stay neutral at this moment.
For some reason, the price action is jumping up n downs with bounces off my EMA, so if it stays like this, I'd short on USDJPY based on the latest bounce.
Wait for more confirmation since the candle still shows bullish power.