Multiple supports have converged on the end of a double falling wedge just as the company says it is about to turn a profit.. but has a potential snafu with one of it's suppliers (Aleafia). What do you think?
Redid my previous chart for better visuals. Im not a "moonboy" but price action does seem to be following this since capitulation. We're looking at target next of about 20k. 3 waves make a pattern so keep an eye on the bottom support of the current range between 13666 and 11200. 11k should hold and then the 21ema holds. Look at how the 21ema is following my...
$GOOG one of the largest companies in the world. \u2028I think we hold the grey zone, so we could see more upside target. You can see the Fib really did their thing. If we manage to break $1230 we could possible see a new ATH. If manage to break lower, you could buy more around the trendline :) Really depends on how GOOG reacts to the yellow zone once again. ...
DXCM flirting with new highs while RSI looks pretty constructive. This looks like it might run a bit so while it might be a nice quick momentum play there is probably a lot of long term appeal here. This also applies to AYX which I just posted.
GBPUSD - 1a - 190221 - SHORT - OANDA - AT - 1D - (RRR 3.66)
Hello everyone! Hope you guys are having an awesome weekend. I wanted to throw this out there and let folks know where the $300k price point comes from when you hear people discuss it. The total market cap for physical gold is just north of $6 Trillion. Yes, that is a lot. If you take Bitcoin and its 21 million supply cap with a similar market cap...you...
So this spread revolves around the simple, brutal strength that we are seeing in the economy right now. People are spending huge amounts of money on eating out right now, and given the ISM and UMCSI numbers I don't see that slowing down any time soon. Here, we pit a strong, cyclical restaurant chain specializing in chicken against a weak, defensive, consumer...
So this play is a complex spread that pits a strong machinery company and a strong retail / cons. disc. company against two weak chemical makers. While the play may initially not make much sense, the alpha here is generated from the comments that companies in these sectors made in the last ISM and NMI reports. Expected weakness in chemicals as input prices...
Good day everyone! DA Bull here with a quick big picture discussion. The Nasdaq 100 is known as the "tech-index". It is composed of over 3,000 companies and took a major hit during the dot com bubble. However, we are finding the NASDAQ at historic levels once again. When a price hits historic levels that does not mean sell. You will never hear DA Bull say...
Hello everyone and happy weekend! DA Bull here giving you guys a quick scenario to think of as we start zoning in on $6k once again. Most folks following TA here on Tradingview realize that $6k is a major support. Most folks have gone super bearish since that ascending wedge drop from $7400. If you have been following our "Time for Tea" write-up, the drop...
Hello everyone and happy weekend! DA Bull here giving you an update on one of the best investment coins, LTC. Most of us know Litecoin Foundation has just received an offer for 9.9% ownership of W.E.G. bank in Germany (most don't know the option exists to acquire another 80% for 90% ownership! link here ). We can thank Charlie for the foundation having enough...
There is not much to say here other than what the graph depicts. Also note the ICX/KRW pairing is paying a 30% premium right now.
What is up everyone! I am here with a pick that has great utility. When we at Digital Alpha look for solid tokens to hodl, we think of two things. 1) Will the product benefit from being a security? OR 2) Will this application be adopted? Notice I did not say, is this the best project of its kind? What matters at this time in the crypto world is how much use...
What up everyone! Happy Saturday, hope this finds you well. This one is pretty quick here. We have the candles on the 1 day timeframe. NEO keeps entering this pivotal area shown in the magenta box. You can see price changed direction at this point 8 separate times. We are about to hit that area now. Note when price entered this area quickly from above,...
If you don't know FunFair: coindigo.io Man I love this stuff...hope you enjoy! Fundamentals: How popular is online mobile app gaming? Zynga's Poker had 6.5m daily users in 2012. This was the latest stat I could find. It is said this app still has millions of users daily...and that was in 2012. More people have access to smartphones than ever before. When...
Bottoming out here, look for 0.03btc on break. DA BULL
This is the type of analysis I enjoy more than runny eggs on a jellied biscuit - while on vacation. that is some serious enjoyment. The past week was spent scouring through various stock charts, ETFs, benchmarks, and more. It was not until I stumbled into commodities did I start to see the type of pattern I was on the hunt for. Gold rung the bell harder than...
Happy weekend everyone! After the short squeeze we all witnessed yesterday, I've come to a new conclusion on how I see BTC 2.56% playing out for the next 3-5 months. I will warn you, it is boring. Like major boring...So take some time, drink some tea, have a beer, sleep in, enjoy your summer, do not stress. Just position yourself for the long-haul and wait for...