Growth
SAME DAY of the month (20th). The 7/17 BULL RUN has been found. Here is a same day pattern, the 20th day of both months for may and July. Is this a coincidence? Let’s see how it plays out. So far all matches with some different volume but is moving up accordingly based on halving.
If this keeps playing the way it trends, then this would mean 2D TF BULL RUN due to its delay, the bullish green vertical candlestick has been found which is the location of the hidden BULL.
Not saying we will reach $72k right away but history shows we had about 7k BULL RUN.
This is a 6 candle pattern. As of now we’re on the 4th candle. You must count starting with the vertical black dots as your first candle.
Below indicator is called PVI.
The Olive Company That's Up 1000%I recently wrote about Oliveda International OTC:OLVI , which is an OTC stock that caught my attention because it's up more 100% since the start of the year. It also has a market cap of $3+ billion. You don't often see OTC stocks with a market cap like this. They usually move to the NYSE or Nasdaq. Thus, I find this hard to ignore. After doing some research into it, I found out what's going on:
But first, if you know how to look at markets, where to scan and search, there are simply fascinating stories happening in corners that most other people miss. Having been in markets at a deep level for 10+ years now, I often spot rather fascinating moves, and now that I’m blogging again, I’m going to be sharing updates like this more often.
So what's going on with this stock?
The founder claims he has solved the secret to beauty by making beauty products without water and essentially only mashed up olives. The surprising thing is, his sales are actually booming. He just had his best quarter ever in which he said the following:
“The future of beauty is waterless, and the waterless beauty movement will change the beauty industry over the next two to five years. Why are we growing so exponentially? There are three main reasons:
1. First, our waterless beauty consultants run our business with such passion, dedication, and deep love that they are sensationally successful in showing people the difference between conventional and waterless beauty. I believe that beauty is not made for online shops and should not gather dust on shelves. Beauty should be recommended from human to human, to friends and family. Waterless beauty and direct-to-consumer are the perfect match.
2. Second, people understand the difference and no longer want to buy the up to 70% water in clean and/or organic beauty or in doctor brands.
3. Third, it works, and people love our 365-day guarantee, which we have been successfully offering in Europe and the U.S. for over a decade because we deeply believe in nature and what we are doing.”
What a story.
Markets are always quite fascinating!
$2 Is My Target - Bullish On SEIResistance flipped to support and targets $0.40. My overall target for SEI is $2 during this bull-run.
An area I am looking for a short scalp is the daily & 0.618 fib confluence.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Supreme is now European: The World's Fashion Capital ExpandsA certain acquisition caught my attention this week. The company sunglass company Ray-Ban (owned by EssilorLuxottica) has just acquired Supreme for $1.5 billion in their first push into clothing. For those of you who know the street wear brand Supreme, this should come as a rather interesting acquisition, specifically that Supreme is considered a significant brand in the fashion arena.
I have a few thoughts on this:
1. This acquisition underscores the immense value that a strong brand can command in the market. Supreme is known primarily for its simple yet highly coveted logo. There's a valuable lesson here.
2. Ray-Ban is owned by EssilorLuxottica, a European conglomerate, which is traded as an American Depositary Receipt (ADR) under the ticker OTC:ESLOY and on the Milan exchange as shown in the chart above $MIL:1EL.
3. In a future post, I am going to compile a list of interesting European fashion stocks to keep your eyes on. One stock in particular has my CLOSE attention. More on this later.
What I'm saying here is that EssilorLuxottica's ownership of Ray-Ban, and now Supreme, highlights the influence of European companies in the global fashion industry considering all of the other European fashion brands. It's safe to say that Europe, quite literally, the capital of fashion.
I must say, there is more to this story as well. I've previously written about On Cloud as well and its threat to Nike. I linked that idea below.
Something to think about...
Also, well done Europe!
BTC in PREP and READY BULL RUN (July 17)Here are the two smart money contractions. They’re both bullish. Please see the previous and the most recent. The green horizontal line is called the value line. Works like a magnet but when only the whales are willing to push-up. Smart money is working the same rhythm as before.
Body candles have spoken the facts and reads will reach.
Dates mentioned in this idea are not counted for predicting. $70k can happen in 1 DAY to many days later.
Yesterday’s fall reached resistance which is means support at $62,943. It’s my method of trading guidance.
$85k
BTCUSD $100k SOON and Maybe More $-)For more than a year and a half there has been an uptrend on the leading cryptocurrency Bitcoin. according to the laws of Wave Theory, after the regular flat wave 2 there was a wave 3, and it was followed by a correction in the form of a zigzag in wave 4, as it is supposed to alternate. The channeling and Fibonacci proportions are also observed. We are left with a 5 final wave, which can take Bitcoin to new ATH
I think Netflix is going to take a hit on this Month EarningsPersonally don't like Netflix business model focus right now.
Too many voice overs foreign movies, Producing too many low quality shows and movies.
NFLX falling behind the competition this Year only reason I have it now is because T Mobile offers Netflix for free.
I Could Be Wrong but Do not see netflix as a buy right now.
20% Incoming?!? It looks like it!If we manage to hold this level, there's no doubt in my mind that the next target will be the daily level above which is around 20% away.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
ICP FINALLY BOTTOMEDWith the current state of ICP being increasingly bearish over the past 3 years. I feel like we have officially reached the bottom for the bears. ICP has unlocked 89.5% of the total supply. Their is only 54.49 million ICP left to be unlocked. If ICP were to remain at $7.27 the market cap would be $3.78b which is roughly a $365m increase in market cap, which tells me price cannot fall much further than it already has.
With that being said, I've marked fib levels from the highest high to the lowest low on the weekly, to figure out where ICP can go over the next 3 years in a bull market. If we're bottomed here & can form a higher high at the .286, that would provide a 6000% gain at current price .
I thoroughly believe in ICP as it is renowned in the WEB3 world & has so much potential to regain its position within the top 5. Many of you will think this post is delusional, however if theres any blockchain that can back a huge gain, ICP is definitely in the top 3.
Peace & Prosperity
As Always
- Kaia Tait.
The First Trillion Dollar Healthcare Company - Eli LillyI recently wrote about Eli Lilly and why it has caught my attention, what it may mean for markets, but more specifically the most expensive and elaborate industry on Earth, that none of us can understand... HEALTHCARE.
Insurance is wildly expensive.
Many people are focused on health.
Scientists around the planet are trying to solve health.
And now, Eli Lilly, is on the very of becoming the first trillion dollar company in healthcare. Eli Lilly is nearing $900 billion market cap and is on pace to become the first trillion dollar healthcare company.
I have long followed healthcare stocks because I do believe they bring a lot of insight into health, innovation, and the natural sciences. After all, they are tasked with curing challenging diseases, sicknesses, and other aspects to help humans. Most recently, a certain stock has caught my attention.
I find this to be a noteworthy development for the industry, especially while stocks like Pfizer and others, such as NASDAQ:MRNA are dropping. NYSE:PFE
Place your bets accordingly. This move and alert has been added to my watchlist.
Shopify (SHOP:NYSE) receives support from Goldman SachsJuly 2024: Shopify's shares took a heavy hit in May after a moderate Q1 earnings report which might have beaten investor consensi, EPS by $0.04 & revenue by $20 mio, yet this was not enough to prevent a large selloff. The share price is currently recovering and is now trading 4,5% higher than it did 12 months ago. This is partly thanks to the analyst from Goldman Sachs, who kept the share rating at "buy" signalling that Goldman Sachs believes Shopify can further accelerate its growth. In general Shopify's rating remains a moderate buy, with analysts giving it a price target of $76.42, a 15.5% upside.
Shopify has been able to increase its market share in e-commerce software platforms and technologies over the last 18 months, now sitting at around 10%, so its large investments in marketing are therefore paying off and bringing in lucrative orders. Shopify is also investing in artificial intelligence (AI) which gives the company a competitive advantage given the large data pool it has access to, and already uses the technology having launched the Shopify Magic suite last year.
The technicals are painting a somewhat mitigated picture, with the RSI sitting in neutral territory around 54 in the daily chart. The stock's price sits above the 50 day MA, and wasn't able to break through the 100 day MA which is flattening out around the 69 mark, which had proved to be a relevant support zone before the drop.
The on balance volume is telling us a similar story, namely that buying and selling pressures have balanced out in the last months and that traders are probably lacking a bit of conviction at the moment. We will most likely have to wait for the Q2 earnings report at the end of the month before seeing a significant move again.
Baidu Ready to Take Off
Baidu, like many other China-based companies, has been in a long downturn. However, China is showing signs of economic recovery and this could be a bullish sign for China's largest companies.
Another sign is that the stock is bouncing off a support that has been tested many times. If this support holds, Baidu could be a good investment for the next 2-3 years.
Nike's Drop Will Offer a Great Dip... Soon!Nike's stock has dropped 30% this year and nearly 60% from its 2021 highs. It continues to drop, and now, I am worried that they will soon suspend their dividend to move cash flow into other areas that need to support the business.
I believe Nike may reach a low close to its COVID-19 crash levels, presenting a buying opportunity for patient investors as I've marked on the chart with the red circle. As Warren Buffett once said, "Be fearful when others are greedy and greedy when others are fearful." I think that moment is coming with Nike.
Here are two tips for buying dips:
1. It can always go lower than you think so it's better to wait for some signs of a reversal rather than perfectly catching the bottom.
2. Set alerts so that you're ready and can get alerted with the time comes.
Now, why has Nike fallen like this? Several factors contribute to this decline:
1. Margin Pressures: Rising raw material and labor costs have strained Nike's profitability, causing investor concerns.
2. Product Control Issues: Expanding its product range has led to inconsistent quality and inventory management problems.
3. Excessive Product Range: The overwhelming number of products has confused customers and diluted the brand.
4. Increased Competition: New, agile brands are capturing market share, challenging Nike's dominance.
This one is on my watchlist! Let's see what happens next. I'll update you all rather soon.