Buying
EOSusdt #EOSUSDTWhat is EOS?
EOS is a blockchain-based decentralized operating system that is designed to create, host, and support secure, decentralized autonomous applications (dApps) and smart contracts. ... one organization, EOS was launched by Dan Larimer, who is also the founder and creator of established platforms like Bitshares and Steam.
#EOS has rank #20 in coinmarket cap in Crypto currency market.
Mainly, we have reached previous targets as you can see.
My prediction is based on Fibonachi projection and $9 is not really far-fitch.
In LONG-term we can reach $11 as the time goes by.
If you agree, leave me a comment,
Thanks
ASB. Selecting stocks for outright ownership or options.I know there is a lot of profitability in managing your trade if you can successfully size in and out of a position as it moves for or against you. I agonize quite a bit on which one to pick so I can only be managing successful ones.
Any differing views or ways I could have chopped it up differently, please feel free to make yourself known below vvvv.
Dip BuyCredit Suisse is one of the most credible investment banks with various arms of business that has given them a phenomenal balance sheet. The recent Archegos implosion may put some clients on edge and although the bank has had to sell some hefty positions, it is expected that such a strong company will return. RSI has reset and bounced showing a reversal may be imminent. The stock should follow as buyers step in to buy the dip. Long over 10.4, Short under, PT back to fair value at $21, phenomenal risk return.
RMO: Starting the next impulse?This one looks good. It's looking like we're going to break out of the channel instead of making a new low. I've started my position already. I'm a little down on it but today was great. Got me back to not feeling so bad. lol
If it stays in the channel I'd like to buy some more. Long term hold for me. I feel like this one has more fundamental strengths going for it, versus QS. I guess time will tell.
What's your favorite Li-Ion play?
Bearish fears looming or are traders losing there edge??After this thoroughly rough week i have noticed that among traders on the ASX fear looms have been spreading, from untrusty discord chats all the way to journalist articles. However market movements to the downside are just as normal as bullish days. In fact they are often needed to bring the market and all who trades back to reality.
This post is to do outline the possibilities of the future and what traders may come to expect. Of course this is not financial advice and what I say should only be taken as a grain of salt.
I will mention both Technical analysis features aswell as Fundamental.
In regards to technical analysis the ASX 200 tells a variety of stories and possibility's.
For example it appears the market is forming an ascending triangle, and for all those that trade this pattern it is well known that once price action breaks the triangle it will determine the future price direction.
Therefore if the price breaks above the top of the triangle it can be said it will result in a bullish run, likewise a break on the bottom on the triangle singles a drop in price.
What I take from this that within the upcoming weeks will determine the direction of the market so "only time will tell".
In regards to resistance and support levels I would say there multiple significant levels that will need to be broken for future market movement.
As shown below if the upcoming market is bullish I would only confirm this once the price level "6851.5" is broken and then treated as a support level. My reasoning for this is the past months have struggled staying above this level and can inhibit the progression of the post crash bull run.
A final significant level I would outline as a key support level will be "6370 " this level has not been broken since the march crash and has only been broken with strong price action. These levels will be posted below for clarity
Despite what retail investors have been saying it appears that a bearish outlook is not all round as the XVI is at "normal" levels and does not show any signs of distress or volatility.
Which brings me to a hypothesis that the noise I hear is actually new traders who have a lack of experience in the market being distressed with "red days".
To do with fundamental research from looking at director transactions a large majority have been buying stocks in moderately large volume. Where as of the time i am writing this there is a current 1:11 sell vs buy ratio. What this tells me inside investors have little fear of what the market outlook is and rather care about the quality of the company.
Overall I have a neutral outlook on the Australian Market where a trend in either direction will be no surprise. As a trader we should focus on trading what we know and sticking to well developed thought out plans.
I hope this can benefit traders like myself. If you found my brief research helpful a like will be much appreciated :)
Entered XPENG long. EV stocks had their time to correct.
Now it's reversal time, so let's long this baby.
RSI is so oversold the cyclical phase must begin. ATH is a definite possibility.
Inside ownership also re-instills faith all the big boys are in this great stock,
Blackrock, Goldman, JP, Shaw, CS, and finally big Mr. BABA.
Let the chart speak for itself.
(Disclaimer)
(This is not financial advice, just my opinion) NYSE:XPEV
My CRVS Price TargetsHello all,
As you all may have noticed from doing your research that there has been a quantifiable spike in insider buying by the President and Director of Orbimed Advisors.
On February 17th, 2021 there was an Initial Public Offering at $3.50/share.
I have not made any extensive due diligence on the company yet, solely interested in the high amount of shares bought up by insiders.
Thank you
SRGA insider buying - LONGSRGA has tried and failed to break/hold the 1.70 area 3 separate times suggesting it's time for the stock to start going back up. 4 of it's board members bought large sums of SRGA today totaling of 5 million altogether.
I've taken a small starter position on it. Let's see where she ends up by the end of next week and reassess.
GBPUSD Swing trade. On this specific pair we are looking at a price that just broke above a very strong structure which was a Monthly and Weekly resistance and just completed a retest of that zone. We are looking at a bullish environment on the Monthly, weekly, and daily timeframe alongside with the last report of the COT data which clearly shows a bullish GPD overall. On the 4H timeframe we want to see a market that will shift from a bearish environment to a bullish environment and after breaking above the 1.35700 resistance level we want to see a retest of that level before entering a nice long position for a very good R/R. The targets will be around the area between 1.37000- 1.39000. If you enjoyed this analysis make sure to smash that like Botton and comment below if you have a different opinion or feedback.
LONG TERM GOLD. BUY! BUY!Well, this year i expect trends to remain into the same direction, we can expect markets to go bullish
Gold best buying opportunity can be found between 1575.5 - 1834.5
Good luck and leave a comment
SPX's Daily Purchase/Sale filing for directors/officers ***The legendary Fidelity Investments manager Peter Lynch once said, "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” this guys is just simply smart.
***Beautiful data presented here very useful for long investors . Simple strategy, with every consideration you would usually take , just buy after these guys start buying : -) .
***No success rate here, just extremes reading here that's all
*** I wish Tradingview would add this to their indicators.
-------------------------------------------
***Trigger line to start watching for, for buying, is reading above 300:
-----------------------------------------
Date Reading
Mar, 16 2020 465
Aug, 10 2011 357
Mar, 10 2009 356
Dec, 1 2008 302
Nov, 28 2008 606
Oct, 14 2008 306
Nov, 13 2007 307
Nov, 20 2007 329
Aug, 6 2007 303
-----------------------------------------------------------------
***Trigger line to start watching for, for buying, reading between 200-300 :
------------------------------------------------
March 2, 2020 207
Dec, 11-26 2018 204*217* 229*220*226
Nov, 21 2018 215
Nov, 13 2018 250
Nov, 14 2016 217
Nov, 12 2015 202
Aug, 24 2015 239
Nov, 13 2012 220
Nov 12, 2009 204
Aug, 17 2007 295
May 11, 2004 212
May, 4 2004 216
----------------------------------------------------
***Selling reading above 400 are reflected here Red Arrows