IWN as shown on the weekly chart has been obviously in a downtrend as also shown by the EMA ribbon. Using the uptrend from the Covid crash into November 2021 and then a retracement from that, IWN is approchaing the 38.2 Fibonacci level at 128 From there it could bounce up or continue the downtrend. The Mass Index being below 27 suggests a continuation before...
20W moving average (and a white shadow of a 21W EMA) has historically indicated a good near term cost basis. With a fitted fibonacci slanted channel (and more-or-less randomly extending the 20W average) we can plot a possible path for BTC, dancing between past fib level trend lines for resistance at important price levels, while also holding support at this...
If Geely Auto closes above 29.65HKD in the next week, the cup would be completed with Henkel and would have Short-Term to Medium-Term a price target of 38.45 / 44.80 / 49.30 / 57.90 HKD Over the long term (1-5 years), a price increase of up to 581.90HKD to 1493.90HKD would be possible. The Geely Holdings has a joint venture with Daimler DE Wenn Geely Auto...
Another Canadian-specific play, via TSXV (venture index) Felt stupid for buying at 2.81, after a couple of days, break-higher out of the bull-flag formation has confirmed. Considering adding more to this on a correction, which might be starting. Have a very small position and would like to have a better dollar-cost average in case this becomes a long term hold...
Guys, let's take a look at a rather controversial asset - ETH, 1w chart The asset is above the trend line since December of the last year. The most important thing is that this growth occurs on falling volumes and so on for 9 months. Since we know that the asset is highly correlated with bitcoin, any correlation of which can lead ETH to an important level of $...