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I am Giving Armor Minerals a NOPEFirst off please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. Right now, Armor minerals may have some long potential but the future isn't looking so bright. The trading volume is only 5.45K, which isn't a lot considering they have a 0.48 CAD price. Yes, they are on the Toronto Stock Exchange, but they are still grossly underperforming. From being over 67 CAD in 2008 to 32.80 CAD in 2010, to now this, what happened? Ever heard of something dropping to 140th of its price? Recently, the stock actually surged from 0.355 CAD and the past time this stock actually traded, it went up from 0.43CAD +0.050 (+11.63%). Ofcourse, it went up recently, nobody is buying it! Not to be a jerk or anything. Perhaps they are an amazing company, but there site also looks outdated and the last news update they have is from January 6th, 2017 (over 3 years ago).
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by gamer456148
Me: An intellectual, "Top"/"Pro" Traders: still short. 11-12k major resistance. Any Longs from 4k are aiming fibonacci retracement (1.6) at 12-13k. Stop loss set at 9,600 per BTC. I am not trading this. My spot trades were placed months ago. Any buy under 10k is good moving forward. Potential to switch to bearish if SPX continues overarching bearish trend. IT IS CLEAR that the markets are unsure about reopening the economy. All of this correction that has occurred is natural and will break downwards resulting in more losses for bulls across all markets. Previous halving's have been great for bulls, but this time there is only FUD being spread by people who hardly understand the nature of things. Around 7.9-8.2k bitcoin I was receiving texts and calls about what cryptos to buy. I'm generally uncomfortable with disclosing which alt coins are worth the money since they are even riskier. If they want high risk I recommend Tezos on XTZ/USD. Otherwise I tell everyone to buy BTC, ETH, or LTC. Safe bets across the board will net you more. IGNORE ELLIOT WAVES. Traders using Elliot Waves when analyzing Bitcoin are using a tool designed for a different kind of market. WATCH TREND LINES. These are the only way to technically analyze Bitcoin effectively. Fibonacci retracement provides insight into where to take profits, don't rely on rejections. I'm seeing all of these bears writing in broken English about how smart they are shorting 3,900-9,000. Get rekt idiots.
BITSTAMP:BTCUSD
by yourkardashian