I could be wrong here. As per weekly charts, ADOBE share is trading inside parabolic curve and it is near to break down. If we get a breakdown within 2 or 3 weeks, then I am assuming that ADOBE will be corrected ~80%, close to 70 USD / share within ~18 months.
As you are aware, BTC is very bullish and heading towards USD 80000 by the first quarter of 2020 (As per Peter). TRXBTC pair has created a systematic H&S pattern and near to breakdown.
We should close TRXBTC position if it closes below 250 BTC
Sell at: 250
First Target: 203
Second Target: 133
third target : 30
ATVI, Activision Blizzard, near to weekly breakout. We have to wait for this week. I hope, we will get breakout as the daily chart has a giving breakout for an inverted head and shoulder chart pattern.
Buy : $ 49.25
Stoploss : $ 48
target : $ 61
This is my first public post. It seems that CTSH is near to breakout now. We can clearly see the Rising Wedge pattern here. I hope, Cognizant will trade at 58 USD in the near future. Let's see.
Stop loss: 64.50