MIDCAP
CRYPTO MARKET UPDATE - Bitcoin and Altcoins - Follow the money! In the stock market, the rotation of capital mirrors the business cycle, as managers favor specific sectors according to the economic conditions. For this reason, when we analyze the stock market we compare the main indexes (S&P, Nasdaq, Dow, Russell). Capitals rotates in the crypto ecosystem too. It’s possible to analyze the crypto market using the same technqiues that have been successfully applied on the stock markets for decades. Here we see four charts: Bitcoin (the largest capitalization asset), Large Cap Index, Mid Cap Crypto Index, Micro Caps. Let’s follow the Wyckoff Story .
1. BITCOIN: INSTITUTIONS TAKE PROFIT. MONEY ROTATES INTO MID CAPS AND MICRO CAPS.
2.MICRO CAPS AND MID CAPS START TO OUTPERFORM. INCREASING VOLUME ON MICRO CAPS INDEX IS A SIGN OF INSTITUTIONAL INTEREST
3.MID CAPS SHOW SELLING NEAR THE OVERBOUGHT LINE. ON THE MICRO CAPS INDEX SUPPLY IS QUICKLY ABSORBED ON THE WAY UP: OUTPERFORMANCE.
4.CLIMACTIC MOVE ON THE MICRO CAPS INDEX. BITCOIN AND LARGE CAPS INDEXES (LAGGARDS) FALLS TO THE OVERSOLD LINE, BUT VOLUME IS RELATIVELY LOW.
WE ARE CURRENTLY CONSOLIDATING. BITCOIN NEEDS TO PRESERVE THE $8K LEVEL.
Complete Wyckoff Crypto Report vol. 25 available for free here:
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WyckoffAnalytics course starts in July:
Trading the Crypto Market with the Wyckoff Method
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Algorand The Hype BoyThe Color Map of The Chart
Red = (M)onthly
Yellow = (w)eekly
White = (D)aily
Green = 4H
Blue = 1H
Rainbows = Mins
..........................
We all love hype boys right??
Just need to be carefull and do not FOMO this kind of crazy shit
I missed the initial opportunities on this pair, but i do not care!
If this babyboy would fail to breakout here
my buy points are;
4000 sats
3300 sats
3000 sats
ROKU all out dumpTicker: $ROKU
$ROKU dumped 20% in the last five trading days, all with a lower close than the day prior. Bears are in a great position especially with the help of the overall market weaknesss. A HUGE support ($116.26) is coming possibly on Monday, but definitely this upcoming week.
Break that level and short is going to run with it. If we down to the extremes with 4 hour RSI under 20, I will potentially start scouting for an oversold bounce. I will be extremely picky because of the general market weakness and will monitor the correlation closely.
Change the hourly trend with a higher low, and a high high; as well as break the pattern of the lower high every day pattern and that will be the first indication that a bounce will be playing out.
New Tax Year To Complete This Pennant!?AJ Bell is big on their ISA products with lower fees than Hargreaves Lansdown. Since the stock market overall is booming and investor confidence is high, I think many will have maxed their 2019 ISA allowance and will be waiting to inject cash for this coming new tax year. More cash injected into accounts = more fees for AJB.
KDDL - A good one to go longCMP 484
Long suggested above 495.
Stop 420
Target Open
Logic:
Weekly chart
1) Passes MM trend template.
2) Price currently bounced from value zone and trading just above R4 cam pivots with good volumes.
3) Price has pierced the trend line resistance and has bounced back after making the first test with good volumes.
3) Fundamentally has been clocking triple digit growth in eps and sales for the last 4-5 quarters consistently.
KEYS - buy and holdSector: Industrials
Sub-Sector: Industrial Machinery & Equipment
Keysight Technologies, Inc. is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. 5G test solutions as one example, automated driving another testing solution, IoT and high-speed data centers another. Keysight generated revenues of $3.2B in fiscal year 2017. In April 2017, Keysight acquired Ixia, a leader in network test, visibility, and security. More information is available at keysight.com.
Liked the MACD on this one and rare to see here, as everyone is looking for short or mid-term trades. 12.3B company with 5.8B assets and 1.7B profits on 3.2B in 2017, so 12.3B means sales growth. No dividend.
RGEN - LEAPS & BOUNDs RGEN: Repligen Corporation is a bioprocessing company. The Company is focused on the development, manufacture and commercialization of products used to improve the interconnected phases of the biological drug manufacturing process. The Company's portfolio includes protein products, chromatography products, and filtration products.
RGEN as a mid-cap is new watch and being saved for own watch list and entry steep right now. 2.4B Mkt Cap and similiar EV. BETA 0.71 so great buy and forget stock. Debt low to cash flow.
Ownership: 80 Institution, 3 Management and insider trend has been sell. Look at chart and ask why?
Q2 Earnings in early Aug. were good, but first time below mkt expectations in awhile....so watching. Q3 E in early Nov-18.
Buylongselllong format courtesy of @MarxBabu. Format changed to add 1w MA and add resistance line for optimal entry. Comments & feedback appreciated especially if you understand the technology by Repligen.
Outperformance is comingThe tax reform of Trump makes an investment in the USA not only useful from a tax point of view. As the global economic crisis of 2018-2022 with hire interest rates and sinkig Bonds the pension sector such as life insurance, will come in massive trouble. The capital from this sector can only flow into the next liquid market and these are by far the stock exchanges and stocks traded there.
As a reminder, the global bond market is 3x the size of the global stock market.
An 50% of global stock market are US-shares. If only 1% of the bond market flows into equities, the stock markets will rise by 3%!
Therefore, anyone who wants to destroy their capital simply remains invested in bonds or life insurance products.
If you want to generate more income, you need good stocks.
Greetz from Hanover
Stefan Bode
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