XLM is forming a bearish wedge pattern which could result in a downward continuation. Fundamentals - Russia is looking to regulate crypto in addition price volatility could lead to more selling as investors look to hold safer assets.
"Buy the dip they said" In the past you could reliably buy the dip because stonks only go up. But in my opinion this IS NOT one of those times. Stonks go down. I expect the VIX to make another massive pump. I'm calling for the S&P to hit around 3800-3900 which would be about a 30% drop from the all time high.
Despite the expansionary monetary policy of the Federal Reserve and the PERCEIVED risk of inflation, the value of the US Dollar has continued to GAIN in value since the 2008 financial crisis. I know my point of view is contrarian but if I were extremely wealthy I would hold the US Dollar over bitcoin or gold. Now if interest rates shoot up to 7 percent or...
The British pound has formed both a double bottom pattern and a cup-and-handle pattern on the weekly candlestick chart. While you may want to confirm my idea with the use of additional indicators, I believe these two chart patterns lend support for a new upward trend.
It's on the 15 min. Sorry for the short time frame.
Technicals - AMC has completed an Elliot wave 1-5 pattern and will now begin an ABC correction wave. In addition, it will form an upside down H & S pattern. Fundamentals - AMC doesn't sell movie tickets, they sell pop culture.
Gold has formed a massive bull flag indicating a potential price breakout which would drive gold to all time highs and upon closer examination we can see the price has already began moving upward. Fundamentals - worldwide people are moving to the cities and putting a serious strain on the planets natural resources. 100 years from now many of the houses we...
AMC is under tight consolidation and the pressure that has been built up over the last year long downtrend might push the stock higher. Of course, my analysis is pure speculation so please DYOR.
CAKE is awesome because of low transaction fees. Technicals show consolidation in play. Might breakout into an uptrend.
Technicals, price could breakout to the upside soon. Would look for it to break resistance. Fundamentals, decentralized video streaming is a gamechanger.
Price consolidation in play. High was hit in NOV and a low was in DEC. Trending higher in play. LTC has a strong following and with lightening network incoming it will integrate nicely into the new internet.
Tighter price range may lead to a breakout. Online dating is becoming the norm rather than the exception. Always set stop loss. Risk no more than 2 percent of account per trade.
Carbon emissions are a HUGE problem for the environment and for businesses it will soon be a problem for their bottom line. That's why CLNE will get customers -- helping them reduce emissions and improve their bottom line. Technicals, wedge forming good probability of a price breakout. Always set stop loss, never risk more than 2 percent of your account...
IBM is set to rocket if it can break $140 in 2022. Fundamentals - they have done the work to focus strictly on cloud business which is expected to grow year over year.
TWTR is trading at a 52 week low and has lost 50 perce t since it's all time high. RSI is oversold. It is a good company with lots of growth potential. The old saying is true buy low and sell high. TWTR trading at a bargain.
Inverse head and shoulders pattern forming. I believe a bottom has been reached and the new uptrend will continue. Fundamentals -- I'm a sucker for this stock. Despite the covid pandemic spider man pulled in a billion dollars. AMC's strong hold on pop culture ensures a profitable and long term future. Warren Buffett owns coke company and AMC sells a huge...
The british pound has made a nice bounce of NOV lows but it needs to break resistance in order to continue its upward momentum. Fundamentals -- increased liquidity by central banks has helped Great Britain implement fiscal expansion plans. In other words, increased flow of money will attract new businesses into the british pound.
BB technicals show what I call a "frown" pattern ☹ which typically indicates an overall downward trend. The price rallies fizzle out quickly and the price returns to its baseline.