aderoy

aderoy

BTCUSD price action is, as at today's analysis, starting to print an interesting (possible) double-top formation as price tether once agian between the 19K and 20K price range. Daily MACD has been in bearish territory since 26 Nov so it is very likely that a combination of the following will push price further down: - buyers taking profits near the 19 - 20K mark,...

aderoy

Following my 3 previous GCI-Poly analysis, I have a the following update: Today's price shows an extremely extended and bullish candle (0.61 - 0.81), which is a 0.20 price move in a single day and not within same candle sizes as others around it. Historically, price candles with such bullish price candles of the same size or slightly longer (going back up to...

aderoy

I made reference to Jubilee Metals in my analysis titled 'Why Precious metals streaming and royalty companies make sense' as a "...speculative play in precious metals scrap recovery/conversion to sellable products". This company is on my watchlist for so many reasons, chief of which are: - From fundamental perspective, the Kabwe mining license (Zambia) extension...

aderoy

I posted 2 separate analysis on GCI-Poly to TradingView on Oct 31 and Nov 13. This is an update as there have been a nice price in our favour move since then. As forecasted in the Nov 13 analysis, we expected price to continue on it's upward trajectory and reach the 0.272 Fib level (price of 0.53). What we couldn't predict, but not surprising though, is that...

aderoy

A potentially powerful Price action signal formed and completed on US30: ⁃ Using the 4hr timeframe, price formed and completed a W-formation between 09 and 16 Nov ⁃ Normally after such a W-formation we expect a retracement (to the w-formation neckline of around 29601.74, which, in this case, corresponds to the 38.2 Fib level). ⁃ 18-19 Nov: Price actually reaches...

aderoy

I analysed historical oil (US OIL) prices against key historical drivers and events. This top-down analysis helped me to set both Limit-SELL and Limit-BUY orders on a small trading account to take advantage of these event-induced fluctuations in oil prices. I achieve the following with this approach: - I don't have to micro-manage the account - I check every...

aderoy

I had another glance at the 3800 GCI-Poly chart and noticed the formation of a double-bottom price pattern. Nothing has changed from my previous fundamental and technical analysis of the company. The W - Formation presents another buying opportunity to my every growing bag. If the typical double bottom formation is respect, we expect price to initially retrace,...

aderoy

I am always looking out for opportunities to diversify my small but growing portfolio. I came across streaming and royalty companies during the course of my research into ways of investing in precious metals and was blown away by the business model. There is a plethora of information on the web on streaming and royalty companies business models. I will attempt to...

aderoy

I've had PING Identity (Ticker: PING) on my watchlist for a few months along with a few others. In my view, now is a good time to take the first SMALL position in this company, with emphasis on 'small'. My reasons are below: 1. Current price drop is as a result of the 3rd quarter earnings results, which shows a decline in revenue by 3% (down to $59.9 million from...

aderoy

Bearish price trend continues after 3rd quarter earning targets was missed due to lower travel-related spending during the summer months. From a technical standpoint, the price gap brings us to the previous strong resistance zone of $280-283. Important points to highlight here: - Price reacted strongly by 'gapping' past the 0.382 Fib level from $316 to 301 -...

aderoy

The price of US Oil has broken under the 0.382 ($40.45) Fiboncci level for the 3rd time since the start of COVID pandemic. As at today 02 Nov, and with the US election about 24 hours away, oil price is heading towards the next Fibonacci level of 0.5 ($32.81). This is supported by bearish MACD (with the blue line crossing over the signal line and both lines now...

aderoy

It's time to start accumulating GCI-Poly Energy in your portfolio - I have been keeping an eye on GCI-Poly Energy since around 17 August 2020 when price broke the Long-term downward trend line. - This bullish price trend is now supported fully by MACD (as at 30 Oct 2020): MACD signal is now in the bullish territory with the MACD blue line crossing over its signal...

aderoy

NIO is on a long-term bullish trend. This week comes with even more bullish news for NIO with the latest announcement that the company is working on 150kWh battery pack that could offer a range of over 900km. This is a game-changer not just for NIO but for the industry at large. If they could deliver on this promise, there is huge price upsides for NIO, and by...

aderoy

The S&P 500 chart shows: 1. Price is fluctuating in a very important zone (3200 - 3395) 2. Given analysis of the S&P 500 volatility chart (separate analysis to be posted here on TradingView), there is 80% chance that price will recover higher than 3286 (as at close of 30 Oct 2020) 3. However, if the S&P 500 price level of 3200 is broken, there is a chance that...

aderoy

It is election time in the US. The S&P 500 has seen some price corrections in the weeks prior to the Nov 2020 US election. So it's fair to take a look at how S&P 500 prices react in the weeks immediately preceding previous US elections going back to 2002/03. I have used both the s&P 500 price chart and the S&P 500 volatility chart in this analysis. The S&P 500...

aderoy

A quick review of Xinyi Solar Holdings Ltd. 1. The company fundaments are strong. 2. The technical chart is bullish, from monthly to daily Timeframes. I am currently up 31.33% on a BUY position in just under a month. Awaiting a pulback towards $10 for more BUY entries.