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$WZR: Fintech hype+ Solid uptrendFA, - FinTech Revolution (WZR left behind while the punters bet on BNPL) - Loan origination spikes 48% in June 2020. Consistent uptrend - Wisr Ecosystem up 52% - 42.4 Million in Cash - Great vision: Improve financial wellness in Australians. - Strong support from NAB - Good management team including CEO Anthony Nantes - Cool name and logo ( It’s vital for long term success, Ask Peter Lynch) TA, - 5EMA and 10EMA above 150EMA - Bottom trendline of Strong uptrend - Ascending triangle( WZR has historically broken out higher from ascending triangles) - Volume consolidation - Strong monthly level support(white) - RSI not overbought (RSI<50)
ASX:WZRLong
by ashainp
Capital One -- Not in My WalletAlthough Capital One is involved with more than consumer credit cards, it doesn't feel like a great place to be with record unemployment -- while unpopular, I am taking the gamble that the longer term trend is closer to '08 style credit crisis. The indicators line up, as well as the exact price levels. If this sells off (starting with poor earnings next week?) and was to do an exact length match to the bottom as in '08, it would be 17 monthly candles, or in this case roughly December 2021. COF broke through its 200 day moving average, and I don't see the earnings impressing.
NYSE:COFShort
by burn_infinite
1
XRP Technical AnalysisI’ve been watching this for quite some time. Fundamental analysis has been hit and miss because the Information provided from Ripple, in terms of utility, has been spotty and confirmation of clients utilizing the ODL hasn’t been cut and dry. With that being said, i think some of the near term driving factors are clearer than before. For blockchain companies to succeed, we have to start seeing a symbiosis, of sorts, between the utility driving factors. IE, ethereum assisting XRP, assisting LINK—etc. The whole is greater than the sum of its parts—TEAM. “Together, Everyone Achieves More”. This ideology is finally coming to fruition in the crypto sector. And rightly so, the Remittance payments sector has been in dire need of “repair” for a decades. And when Institutions see the fruit on the trees in terms of costs savings, speed, efficiency, the sector will do an about face and rightly so. The chart, if I’m doing this right—is relatively basic. On the weekly, we see a great setup of an inverse head and shoulders. Laid with the chart is your basic Fib retracement levels along with RSI, OBV, volume and MACD along with BBands. My leading indicator, OBV (which isn’t perfect) has been showing extreme strength in accumulation. Price, while decreasing, has been keeping the OBV high. Which is the ideal scenario for this indicator. RSI has been surprised, which can show weakness ( which can be good—trading psychology, remember) So, what does it mean? It means a bullish trend is emerging. And with it being on the weekly timescale, the confirmation is, strictly in my own opinion, a buy signal. *This is not investment advice; these are my opinions only and should not be misconstrued for anything but my opinion.*
BITFINEX:XRPUSDLong
by Barbayzing
1
Bank of America testing trend lineBank of America is near a three-month trend line today as the entire market pulls back. $BAC is far from the strongest of the bank stocks, which are a weak sector in general, so it's quite possible it won't hold the support. I've picked up a July 31 option call and set an alert to trigger to me to sell if it crosses below the trend line. Estimize is forecasting small beats on both EPS and revenue on $BAC's next earnings report.
NYSE:BACLong
by ChristopherCarrollSmith
3
STOXX 600 (BANKING)STOXX 600 BANKING -as indicated on the chart. the blue highlighted area is a buying opportunity with to much risk for me, so i will not participate, the greater opportunity is a SHORT, i will also not participate. The take away here is that prices can tumble all the way down to the yellow zone and a new normal will emerge in the most devastating deflationary market the world has ever seen - In line with my expectation that crypto currencies like Bitcoin, Ripple and Euthereum will sky rocket to new highs and make many rich in the a world of new normal!!
SWB:EXV1
by UnknownUnicorn1530896