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HOLD

Long term trade idea for LTC USD Buy and HoldLong term trade idea for LTC USD based on the Support and Resistance levels and price action. Looks like the price is going to retrace a bit from this level as a resistance can be seen at 50.02 level. Price suggests a drop to 42.65 possibly to 38.02 where a support can be seen. If the price will drop to those levels it's a good entry point to go long for long term trade of buy and hold with TP levels set to 50.00 or to 56.54 possibly 90 if you are willing to hold the trade for few months. SL would be based on your risk appetite and your risk management and depending if you are using a broker to trade LTC -0.92% or if you will be buying LTC -0.92% and storing it in your LTC -0.92% wallet. SL can be set to 32.00 At this point it is best to wait and see where the price will be heading as you will be more profitable waiting on the sideline and enter long term than be caught on the wrong side of the market.
COINBASE:LTCUSD
by advantageFX
Rio Tinto - Up or Down ?Rio has successfully completed a rising wedge pattern - broke down the support line and now it's slowly going to test it. It seems like very likely the support becomes a new resistance and stock is going to go down. However, it has also stopped at the 50MA with slightly increased volume, which may signal also a support. Now, it is crucial to watch the lower trend line of the wedge, whether it breaks it back or not and based on that Rio will choose its next journey.
LSE:RIO
by Turpan
Should you buy ahead of earnings?Google has been trending up nicely. If you missed it, what should you do? TRENDING UP, BUT PAUSING - Long and medium term trends: up. - Short-term: high flag consolidation ongoing (same as NASDAQ). - Short-term technical indicators: turning negative? - Would like to see a break/hold above $819 for a continuation of the uptrend. MANY UNCERTAINTIES - Toppish market, ripe for consolidation. - $770-$785 gap needs to be bridged. - Upcoming earnings (October 27). - Potential bid on TWTR. - Pixel smartphone. HOW TO PLAY GOOGL? - H olders keep holding but beware of $800, $785, $760, $670 (stop-loss levels). - N on holders should buy Nov 18 $825 calls at $17.20/share (2.14%) to benefit from eventual earnings pop. - The purchase could be matched with same maturity put sale strike $760 at $11.70/share (1.46%). - Total strategy cost 0.68% to benefit from earnings upside or go long 5% lower.
NASDAQ:GOOGL
by HAL9000
WFM - Gap BelowThere is a gap between 51.88 and 51.52. If price comes to fill this gap, look to go long. The next line of resistance is around 54.00. Customer Sentiment. Customers love Whole Foods. Every yelp store review you check, you'll see that the customers complain of the prices and of the crowdedness, but love the food. So if Whole Foods stores are generally crowded, then they're picking good locations, they're selling a lot, and they have room to expand with new stores. 2014 drop off: Price dropped off last June. This is because of missed earnings reports due to expenses. The expenses are new stores, and all of this information is available in the financial report on the company website. Expanding: Whole foods has expanded with many new stores in the past three years. Employees. Whole foods does seem to compensate their employees better than other grocery stores. In contrast, you have Walmart workers who are surviving on food stamps and in-store food donation bins, for the workers, who work for minimum wage to sell a mix of chinese imports and now some organic food. I think Walmart and the others don't get the idea. Worker sentiment matters because when the workers are underpaid, they treat the customers worse, and sometimes they go on strike, which is something to watch out for. Whole foods has been expanding into a market that is gaining popularity. I don't see this trend changing soon. I have a good feeling about the February earnings report and the company as a whole. When consumers have more money, they will buy healthier food. Whole Foods is one of the better grocery stores.
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by GMOTruths
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