#Educational purpose only MONTECARLO getting ready for stage 2.
#MONTECARLO NSE:MONTECARLO NSE:MONTECARLO Monte Carlo Fashions Ltd. CMP: 417.95 Target 1: 490+ Time frame: <3months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at...
This is an updated analysis on the trajectory of bitcoin using a Monte-Carlo simulation of 2000 random walks, as well as Fibonacci retracement levels. Everyone has the same idea right now so this may just be a self-fulfilling prophecy. On top of that, the Monte Carlo is levelling out and maximum walks are ending over 50k already. View the random walks here:
Based on a Monte Carlo Simulation (based on the last 252 trading days) the stock is trading below its par value of $42.48. I'd expect a downtrend reversal/surprise of 2-3% (historic trend) shortly after the earnings call Tuesday if GM can beat earnings per share expectations for 2017. Additionally, both ARIMA(0,1,0) and ARIMA(5,3,1) models are projecting the stock...