Dax did some very sharp moves, but major decicision where made.
Seems that we go up a little bit more, afterwards I guess some days small range up/down, afterwards down again.
Let me no your opinion.
What you see is what you get.
Expect setback around 4-8%. Afterwards rising prices.
There must be insider knowledge which will be soon reach the normal one.
Together with rising silver prices , very strong buy.
this Chart tries to show the interaction between Oil Price WTI & Chevron.
As you all know, Mr. Warren Buffett invested lot of money during last two years in this company.
As you also know, CVX sells also gaz, not only oil, and for shure - gaz still very high, but NOT on Top.
CVX only is near to top.
Then: Look at the indicators. Negative Divergence all...
USDJPY did a long uptrend.
USD against all majors and minors now weak.
Sharp movement downwards expect also due of no new carry trades.
second test about 145
Then very sharp back to 140
let me now your opinion.
USDJPY looks very toppish now.
Several consitions are prepared for a correction with target around 139-140.
Maybe but necessary is an short retest/new year high around 152-153.
High Quality of consolidation due of rising OBV last weeks and good triangle consolidation.
Also last consolidations with falling wedges showing how market is ongoing of rebalancing this share.
For sure, the company now have to bring huge revenues in 2022, because dept is very high.
But liquidity has been safed last dec.
So let's wait for 24 of feb - the it will...
Mail shareholders still is this stock. Management reinforced and Mr Pangbourne with a lot of money in this stock.
Consolidation ongoing, and with rising silver prices, this stock is going to explode - as hit has done years before.
Falling wedge, sinking volatility best signs.
Target first an min. 8 usd in 2022.
Have you ever seen such a situation in the last 15-20 Years?
Not me in SPX, but in lot of other shares. And the way after leaving all this rising wedges in Price, Slow stochastic und RSI
was crystall clear.
Maybe SPX rising up to 4500 - 4600, but afterwards fall of min. 30% isn't surprising.
5th of june 2021/Dan
The last setbacks were very well indicated by comparing SPX & VIX.
So, we should have also compare what's ongoing with VIX.
Values under 15 should be reached very soon, afterwards towars 12 would be last confirmation, that's something very big is coming.
Cheaspeake Gold Corp. has done a long period of consolidation.
Since August 2020 shareholders have seen descending prices. But - it seems, that most of them have lot of patience.
Various breakouts are done - missing only break-out of slow stochastic.
As normal, a sharp break-out of a descending Wedge is normal, as a correction afterward maybe back to breakout...
Behaviour of investors & speculants are still the same.
And this behaviour is shown every day in the chart.
But not only day by day: Also week by week during a long time.
In the chart above you'll recognize very well this behaviour in period 2011 and actual.
Think, we are in intermediate top, going now pending and afterwards short increase and...