What might happen to the market in coming weeks/monthsThis is my favorite analysis
I give my qualified bid here on how NASDAQ and the market are going to evolve.
the graph is very similar to the financial crisis and makes exactly the same pattern, on top, bottom, RSI and MACD.
10-y bond have fallen and as I wrote in my other analysis, bonds will return to 0.95 and up again to 1.5. it's making a cup and handle now.
Follow the dates on the 1,2,3,4,5 wave and compare it with 10-y bond, and financial crisis(15. march 2011 to 17. june 2011).
Financial
Random Idea n.o 1Not financial advice: I'm a trash trader idk how you found this chart this is just me playing around as a beginner and learning:
Random idea:
Stock market has over-extended, it seems to like the long term trend line drawn. Couple times in history it has been retested, the period of retest has been around 140-160 days so far, thus I am targeting yet another retest. I believe that the market is perhaps slightly over-extended. In my final guess of where the retest will be I have not included the latest retest which was due to COVID. I also understand that my target is quite far from where the stock market currently stands as as this idea is publshed, however I also believe based on secondary research that COVID is a large reason for the spike so high after the dip (Retail investors looking for places to put money, high amounts of money being printed, unemployment, even businesses such as Telsa investing into Bitcoin -> The message being money is best invested outside of banks). However with COVID vaccinations, we would presume things to start to go towards where they are. I would also expect many who made bucket loads throughout this period of time, to be more willing to exit the market should a dip occur, with those buying at the top (and i pray) hopefully "puking" their positions early.
Thanks for reading my randomness, can't wait till i find out i've just wasted virtual paper :).
CHOW
QD double bottom pattern in playNYSE:QD broke out of the double bottom pattern and is now targeting 4.96$. Anticipated price action is shown on the chart, wait for pullback to enter, stop level is 2.4$.
Hit the like button and follow if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
GOLD Cup & Handle - LOOKING GOODHey there,
someone requested gold and I´d like to share my thoughts on it.
Basically this is a general outlook and analysis of gold,
volume, rsi looking good too! It is consolidating right now, which is a good sign.
We can expect to hit higher highs way above 2000 with a possible retest of 2000 within the next years 2025!
hope it helps,
happy trading to the monthly close,
gqt
LONG REP: Bouncing of Lower Linear Reg ChannelLONG REP: Bouncing of Lower Linear Reg Channel
STOP @ 12.99
TARGET 1: 16.50: sell 1/2 move stop to BE
TARGET 2: 18.50 or trail with ATR stop
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LONG TRADE: oversold w/ bullish Squeeze @ POC SUPPORTLONG TRADE: oversold w/ bullish Squeeze @ POC SUPPORT.
Augur is a decentralized prediction market project aiming to use “The Wisdom of the Crowds” to create an accurate forecasting platform. Augur is creating a decentralized open-source prediction market platform and oracle service. Prediction markets on the platform will enable users to create a market for forecasting a specific future event, such as who will win the next election or which team will win the World Cup. Participants in the market will be able to buy “shares” of the specific outcome they see as most likely. At the end of a pre-determined period the outcome is checked and those that own shares in the correct result receive a monetary reward. Prediction markets can be useful tools in tracking the true sentiment for results, as typically only the most informed individuals will risk money when making a prediction.
The team believes that by creating a fully decentralized prediction market they can overcome issues seen in centralized markets such as needing to trust that a result is correctly reported and that a payout is received. In addition, by creating a framework for the creation of these markets users can forecast the outcome of almost any event. Once a market is created trading begins immediately. The outcome of the event is determined by Augur’s oracles which are incentivized to report on event outcomes. Upon determination of the outcome, traders can close their positions and collect their payouts.
#PYPL Long 240 above 220.64Precursor: I am bullish paypal relative to Bitcoin news this year, long term, here out.
We are currently looking for a retest of 218.55, and have found support inside the purple paralell channel, and above 212.67.
As we approach 220.64 we will see pressure if we continue to trend up the bold longterm trend in pink.
If we break above 218.55, initially id watch for a break above the purple channel, perhaps reaching the pink just above our target.
If we break out below the bold support trend, and below 213.91 id consider this idea a failure and reposition at some of the lower areas marked out or further down to the lower trend.
$VRYYF Low-Float Food Tech Play w/ Huge UpsideTHE VERY GOOD FOOD COMPANY INC
Valuation
Market Capitalization
141.162M
Enterprise Value (MRQ)
55.25M
Total Shares Outstanding (MRQ)
73.141M
Buy now, thank me later.
Triple Top MGI Chart...Needs MOMOOOOInteresting take on the new Apple event this week. Expanded app store, more iPhone hype, new MGI App. Now it just needs momo.
Chart's looking at another possible top here. Testing this level for the 3rd time. Was previous resistance but might be a matter of momentum igniting a run if and BIG IF, it comes in.
"The company has gone through an evolution over the last few years to meet the requirements of today’s digital world. It saw the expansion of the company into cryptocurrency options as well as new partnerships with larger outlets. The P2P payment and money-transfer company gave its latest update on September’s monthly performance...More ways of accessibility via pad, phone, watch, and more. Could this bring new opportunities for MoneyGram to gain more customers through ease of access?"
Original Article: What Could The Apple Event Mean For Penny Stocks? 3 To Watch
NZDCAD SELL OPPORTUNITYSELL ENTRY :0.89300
TP1: 0.87200
TP2: 0.85200
TP2: 0.83200
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