above 137 and above 150 would be ideal before next earning report. The company is well valued atm with 20 P/E, but in this bull market Analysts put lowest target at 134.
Previous resistance, new support is somewhere around 110 (bottom green line).
Adobe has been one of those interesting plays on cloud with making their products exclusively available on subscription based. Effectivly it looks that an 2 years subscription is worth as much as their complete adobe suite. We seen the effect of those changes already and with ever increasing user base (attributed to good positioning for mobile, design and video...
After the big hummer for german auto industry last year, we escaped downtrend. The recovery however is shaky and for the better part of the year we were under mid of the pitchform.
Earnings might help BMW above the redline or break below the pitchfork range. Keeping an eye on general DAX preformance too.
Good luck and happy trading.
After the great bull run we had since december and the double top formed. It's time for us to go back to the drawing board.
Overall I'm expecting a good year for metels and the bull run so far, with 3% moves confirmes the market readiness for gold this year and possible targets above 1400.
Having A as lower top from E, we might consider that it's trend is...
Few shorts to bring us to the bottom of the channels at this stage and probably back up again. Keeping a close look.
Euro had a great run, which i believe will extend to some parts of this year.
Good luck and happy trading.
Scare day for some with big retrace. However, the year is still ahead and while a majore pullback might still happen, I looked at some of the levels of the current trend.
I am expecting the trend to continue down and test the previous resistance levels from late 2017 (green line) and probabbly the bottoms (red line). Fib is from previous bottom to current year...
Look at Twitter. Can it recover to previous highs ?
Market wants social media stocks, Snapchat 's IPO made quite of a buzz. Twitter also managed to pull a surprise themselves with some excellent earnings previous years. With analysis ratings as high as 32, we might be very well on the way of recovery.
The deal with Intel is big step forward for AMD as their Intellectual properties on graphics and CPUs was one of the main revenue streams in the report. Surely they have a lot they can achieve with Intel in direction mobile/portable graphics. In addition to the surge with slim laptops sells surely that will have great echo in the coming 6 months - year.
I been big fan of Tesla as many others. The company is with great potential, but similar to Apple back in the 90s, it does have huge challenges on their path.
Recently, we been hearing apocalyptic prediction of analysis based on the bad numbers from manufacturing on production line, and added up tension on the big job cuts (?)... However, the...