STM is at an important support level and near the bottom of the uptrend channel I have drawn. It is priced quite low according to both financial statements and many analysts. As a result, STM offers a good entry point for a long term investment. Currently, the average buying zone is in the $30-31 area, but if the market allows buying, the $27-28 area is the...
QNT hit a very important support zone and broke above the downtrend. At this point, QNT would be a good long-term investment option. In the medium term, the $120 level can be targeted. In the long term, the main target for me is above $200.
The ICP came back to life at the end of last year and increased significantly. After May, however, it declined in response to the general market decline. But I think that decline is now over. The $8-9 area is a good buying zone for us. Especially considering that it is coming out of the downtrend. I don't think it will go below $8 from now on, but in a...
FRHC shows the H&S pattern which leads us to the next target $50
Hello Traders, Would just like to remind you that we still need oil to get to space. Gold is a heat reflective material required for space travel and atmospheric re-entry, so please hold and sell your gold accordingly. Also, Brent changed their ticker from BRENT to BURN1!. MACD signal line will cross going upward on the month-view around 69 dollars according to...
Hey Traders! Just a reminder that there is a buy signal on the MACD for gold, and that the Madrid Moving Average Ribbons have all crossed the price-line. If you check the 1 Week Candlestick Chart, you will see that the last sell-wave indicated by the MACD will end soon. Again, just a friendly reminder that 2020 really will be the year for gold. Drop a healthy...