NOT
Random Idea n.o 1Not financial advice: I'm a trash trader idk how you found this chart this is just me playing around as a beginner and learning:
Random idea:
Stock market has over-extended, it seems to like the long term trend line drawn. Couple times in history it has been retested, the period of retest has been around 140-160 days so far, thus I am targeting yet another retest. I believe that the market is perhaps slightly over-extended. In my final guess of where the retest will be I have not included the latest retest which was due to COVID. I also understand that my target is quite far from where the stock market currently stands as as this idea is publshed, however I also believe based on secondary research that COVID is a large reason for the spike so high after the dip (Retail investors looking for places to put money, high amounts of money being printed, unemployment, even businesses such as Telsa investing into Bitcoin -> The message being money is best invested outside of banks). However with COVID vaccinations, we would presume things to start to go towards where they are. I would also expect many who made bucket loads throughout this period of time, to be more willing to exit the market should a dip occur, with those buying at the top (and i pray) hopefully "puking" their positions early.
Thanks for reading my randomness, can't wait till i find out i've just wasted virtual paper :).
CHOW
XVG mid term. Aim to 146 Longin short term 78 sats
mid term 90-110 sats
long term 146 sats.
not an advice. just my vision
Whats your vision? Whats your favorite coins?
any good Projects you found?
Why Support Resistance do not work ?! - The truth (Big Players)Hello Traders!
This is a educational video about why Support and Resistance do not work.
I will cover how the market works and how the big players are using S&R for manipulation and in order to grow their wallet.
Hope you enjoyed this video. Tell me in the comment section down below if you are using Support Resistance and what you think about it. Are profitable with this strategy or do you combine it?
- Darius
INTC is very cheap imoAs of today INTC is trading at a 12.5 P/E ratio with yearly earnings of $5.15 per share. Their shares outstanding have been falling at a 5.5% rate every year(good thing). They have a very healthy book value and current ratio with debt and interest completely under control. Their Cash Flow is $8.35 per share and they payout 1/4 of their earnings as dividends.
Warnings: Growth is expected to be around 2.5% annually which is even smaller when you factor in inflation. This is more of a value grab than a growth play
INTC is one of the worlds largest semiconductor chip makers. They develop advanced digital technology products like microprocessors, chipsets, and motherboards and other integrated circuits for electronics and other devices that I cannot possibly describe in one peragraph.
BTC TO 5500Hello lads. BTC is most likely going to 5500. I am not sure as to why people keep thinking 6000 will hold. 6000 is not support. BTC overshot the parallel channel from 3k to 14k. BTC will probably do the same to the downside. On the way up from 3k to 14k, BTC did not respect the $6000 dollar range. So why would it respect the $6000 range on the way down? Food for thought. BTC respect the the 5000 to 5500 range. Set your buy orders in that range with a 5% stop loss. Thank you.
- TRUEPXTRICIXN