letthewriterswrite

letthewriterswrite

Netflix will continue to dip until October and gain investor interest for a short period and face another dip. It will climb to the very high 190s, possibly hit $200 because of excitement. Then will have a big downward swing into February only to get on a steady climb into the summer days as today.

letthewriterswrite Updated 

The EMA indicator at the 2 hour interval looks very, very accurate for the year. Looks like we made the crossover and will dip to 899 in the coming months. From a technical standpoint, this would be a normal cycle but fundamentally, the news for Google are not looking good in the coming months. The fines they are facing could change their business model for the...

letthewriterswrite

I predicted a downturn for Google and Logitech this week not realizing the much bigger picture, the NASDAQ. In trying to understand what happened today, I found a very troubling pattern. It seems that in the 2008 recession, it took a dip and tried to correct itself only to crash even worse. Are we facing a similar pattern at a much greater proportion?

letthewriterswrite

A couple days ago I published my predictions for Google. Sadly, it's happening much faster than anticipated.

letthewriterswrite

Am I being a fatalist or has the NASDAQ made a crossover?

letthewriterswrite

Despite the positive news this quarter, LOGI seems to be facing a correction the next few days as pointed out the year before. I'm confident it's a long though. I see a steady climb.

letthewriterswrite

As I forecasted yesterday, MBRX has all the fundamentals and technicals in place. Well above the EMA, closing higher than the open, and having a healthy resistance upwards. I estimated 2.60 a little too soon but tomorrow the 28th will certainly hit 2.60 as the trendline continues.

letthewriterswrite Updated 

Looking back 3 years on DRI, we can see that the price increase was far more vertical than any other years. However, as the fib demonstrates, it's on a healthy climb but it will have a big correction these next two months, maybe consolidate at best. I believe it will reverse down between $82-$77 before hitting the next ceiling at $95-$105. For those already vested...

letthewriterswrite Updated 

As we look back, this is possibly repeating the same cycle as a couple years back. I believe we finally hit the floor and crossing over the EMA.