*I DO NOT ACTIVELY TAKE RETAIL TRADES, USE YOUR OWN JUDGEMENT* BULL huge earnings surprise double bottom at 11.89. index still in uptrend fitbit gear trend still increasing. no great competitors. Bear Problems getting over 15.95 which has created resistance, even with a the surprise better than expected earning. Other: tight ranges mean it might be a...
someone asked me to take a look at $etsy . i hold very few stocks and generally dont trade retail stocks and may not actually take this trade 9 month accumulation in demand area.and break out factors Nasdaq made lifetime highs today etsy has a suprise earning where the made more then expect per share -.03 vs -.06 3d stoch is high , try to cross down. ...
market was not happy with the economic plan and non-positive interest rate change and looks to have overreacted. This would indicate that a throw back is in order before ether a continuation or reversal. With no major japan news over the news fews days, heres are a few potential levels to keep an eye on based on fibs, order blocks and previous support levels.
Quick application of wychoff model to our current bitcoin price action.. we are ether in a correction phase or a breakdown. I'm inclined to believe correction at this current point. correction vs mark down a mark down requires a failed rally attempt. a rally is defined by a breakout of a local top on high volume buying that is unable to reclaim a high. this...
Friend asked me to look at UnderArmour for a possible buy opportunity Based on weekly and 3d support/resistance , stoch position and the fact that UA always fades the high after earning, i think 36.5-34.5 is probably a a good entry. it might be a quick scalp to 40 though. the idea becomes invalidated if the entire index sell off ,dragging it down with it. Or...
Every major down move in $USDJPY this year has been directly after a BoJ policy meeting and its lack of action.
lower trendlines just broke. a break of 112.151. probably means a retest of the regional lows.. say 111.10 ish. a bounce off the low might make it to 112.8 or 113.06. but with all the bad numbers coming out from both FED and BoJ. likely not a full bounce to the top of this flag.
USD/JPY market thoughts - theres seems to be a delay in market reaction recently to the bank numbers. initial reaction seems to do the opposite of logic. ie US Monthly budget spending down, USD/JPY falls over. Next day rallys on blah news. - there are medium level announcments for YEN sunday into monday that seem to have favorable projections. Yen side will...
Was curious what happened the last time both the one day stochastic and moving average was around these same levels. Parameters: stochastic < 1, Moving average < 3, downward parallel standard (ie no hard impulse moves). On bitfinex going back 2 years, theres around ~18 points this has occurred Of these 18 of them had 5 day of selling with increased...
DISCLAIMER - I DO NOT TRADE RETAIL STOCKS ON A REGULAR BASIS AND AND MAY NOT ACTUALLY TAKE THIS TRADE. THIS IS MOSTLY TECHNICAL IN NATURE. IF $BONT DOES SOMETHING DUMB BETWEEN NOW AND EARNINGS, THIS ANALYSIS IS MEANINGLESS. A friend as me to look at this retail stock since its basically been taking a beating like the rest of the Nasdaq the last quarter. Reversal...
We've all noticed the mass decrease margin on bitfinex, currently at 20,957,440 or a 6,472,450 total decrease from the recent median price . That my friends, is a lot of bitcoin!! Even if it was purchased at the highest price possible from the last major margin jump it would still be roughly 14k bitcoin. For reference there is 12.5 k bids to 300 currently (from...
12hr obv crossing 0 jump over major resistance at a minimum if 61.8% is dead - potentially take profit or take some off at that order block start 3d stoch cross up obv trending up back in triangle potential take profit at top for triangle depending on how momentum look Overall - higher low on larger time frame
current $aapl short in progress. Every time i went to close it , it just kept going down created a great technical head and shoulders on 11/20 , i was initially short of the head and closed the neck line and closed. when the right shoulder formed and there was just no buy volume, i took another short. If it continues to follow technicals, take profits should be...
been saying this for the last 18 days but wantrf to put it in an official idea 1 month bullish engulfing candle, stoch confirmation, obv confirmation 7th 1w uptrend candle, each engulfing the next 5th 2w candle bottom confirmation at 226. im not prepared to discuss targets yet but above 325 you run out of pivots on monthly time frame and have to go back a year...
From programmatically watching the order book ive been seeing activity of 500-2000 btc asks starting to fill in the 240 range ever since price touched 316 across several exchange. This leads me to believe this is someones with capitals near to mid term target. Other possible supporting factor is there has been no classically large sell volume on any relevant...
outlook not so good. chart significance declining RSI lower highs tweezer top at 132 bounce off R1 Monthly pivot , s1, s2 broken local low of obv w/ minimal recovery Business significance expected low earning target then previous luke warm reception of new product lower lows on DJI and DJA expectations: up to the the earning well probably drift...