We're finally breaking out (and backtested) the downtrend + came down to kiss the golden pocket. Profits taken from this trade will be left in the coin for longer term exposure. Synthetix is a decentralized finance (DeFi) protocol that provides on-chain exposure to a wide variety of crypto and non-crypto assets. The protocol is based on the Ethereum (ETH)...
With Oil breaking out of it's 10 year bear market, we can expect further upside for the energy sector.
Monthly unique paying customers surged 114% to 1.5 million. Average revenue per user climbed 48% to $61. On Jan. 26, DraftKings surged over 5% after Goldman Sachs upgraded DKNG stock from neutral to buy, while raising the price target from 45 to 65. Meanwhile, Bernstein started coverage with an outperform rating and a 71 price target. What's changed? Nothing....
We're printing bearish divergence on both the MACd & RSI for this little fella. I'm on the sidelines. I don't like the FOMO, I don't like how my Mom's asking me what Dogecoin is (lol) I don't like how all my friends have large sums of their savings in the token. Not to say Papa Elon can't pump this baby even further, just please be careful, there's other...
LOOKING FOR COMPLETION OF ELLIOT WAVE INTO EARNINGS.
Palantir's fourth-quarter revenue jumped 40% y/y to $322.1 million, dramatically outpacing Wall Street's $301.1 million expectations, which would have represented only 31% y/y growth. As previously mentioned, Palantir expects growth to further accelerate to 45% y/y in Q1, and for overall FY21 revenue to clock in at "greater than 30% y/y growth", for which...
We can expect some more downside, before a move up.
Bearish pennant will provide a substantial buying opportunity after this leg down.
With substantial weakness in the dollar, precious metals and the USD currency index have a strong inverse correlation. Silver has broken out from a bullish falling wedge pattern, which it has back tested and then broken out of the back test. We can also see bullish divergence for the MACd technical indicator on the 8H for Silver spot too. The attached chart...
Weakness in the dollar, driven by the current inflationary environment is providing the perfect setup for Silver. We broke out and back-tested the downtrend, we now get a confirmation of the breakout with a daily close above the higher highs.
keep in mind this up a lot today, I have been in a position, for a while now, looking to add on dips.
TECHICALS AND FUNDAMENTALS OF THIS COMPANY ARE ON POINT, ENTERING 1/3 POSITION TODAY.
GOOD FOR STOCKS, BAD FOR CASH. DOLLAR BEAR MARKET CONTINUES
3 minutes ago Look for daily close above all MA's before entering a trade. The 2nd place largest online retailer in South Korea, Coupang's annual revenue exceeds US$5.9 billion. The company's Rocket Delivery network provides same-day or next-day delivery of more than five million unique items. Coupang claims that 99.6 percent of its orders are delivered within 24...
Daily close above the moving averages, taking a leap position here in energy.