NASDAQ BLOCKCHAIN ECONOMY INDEX🧾 Intro
The Nasdaq Blockchain Economy Index is designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their proprietary use or for use by others.
The Index began on December 1, 2017 at a base value of 1,000.00.
TOP 10 HOLDINGS and Index Weight
• As of June 30, 2021:
1. COINBASE GLOBAL (COIN): 2.26
2. IBM (IBM): 1.87
3. ACCENTURE (ACN): 1.82
4. SILVERGATE CAPITAL (SI): 1.81
5. FUJITSU (6702): 1.80
6. OVERSTOCK.COM (OSTK): 1.79
7. MICROSTRATEGY (MSTR): 1.78
8. BAIDU (BIDU): 1.78
9. JD.COM (JD): 1.76
10. SQUARE (SQ): 1.73
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Total = 18.41
Source: indexes.nasdaqomx.com
📈 Graphic Analysis
I believe this week we will see the breakout of that orange diagonal line, peaking up to the 0.5 retracement at $1443.60.
OSTK
OSTK.NAS_Bearish Breakdown Trade_ShortENTRY: 26.46
SL: 31.74
TP1: 24.69
TP2: 20.71
- ADX>25
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI +ve
- Moving averages are aligned.
- Entry based on 18 May 2022 breakdown from range to ATL and >3% rebound off 10EMA.
Overstock - large consolidationPrice is moving sideways on daily/ weekly.
Pattern with a complex wave B
Price collapsed by 50% over the last 30 trading days. It means 100% upside to test the last high!
$OSTK | WEEKLY WATCHLIST 11/22Pretty uneventful week for this one last week. Plan stays the same, and looking for wave 2 buys below in the $98-103 region targeting $132 ultimately. Staying patient here.
$OSTK | TRADE IDEAExpecting ONE LAST DIP before full send upside. You don't want to miss this, I expect the move to be very quick.
$OSTK | WEEKLY WATCHLIST 11/15Almost time to enter this one!!! Expecting one last small dip to satisfy my bull thesis. I will be buying this dip as long as we hold my levels. This should be a fun one!
$OSTK | WEEKLY WATCHLIST 11/8One of my favorite swing setups pending. Patience is key here, waiting for the retest for entry.
$OSTK | TRADE IDEAIt's probably nothing right...?
Looking for retest and hold of breakout to confirm higher!
OSTK TRIANGLE BREAKOUT Last night, OSTK broke out of a triangle showing very strong bullish momentum.
If you managed to enter when it broke out before it went up higher, then lucky you.
However, for people who did not manage to enter on the breakout, you can always enter when it retest which might come or might not.
If it retest at 95.43 area, i will be interested to enter.
This is just my own analysis. Please do not copy.
Overstock is Ready, Are You?NASDAQ:OSTK
This stock came up on my option scanner and I have to say that I totally agree. This thing could just be getting started.
I looked back to see how price reacted at this level when the above indicator was this far extended. We got some pretty nice gains, most notably the first.
PT $125?
overstock is time It is time for overstock, check my previous post
would be nice to see another momentum
This will be a monster breakoutOSTK beats EPS estimates (again) and this one is eyeing for breakout mankind hasn't seen before!!!
Get long or gtfo!
BLOK - OSTK -BITW -NVDA Crypto Related Stocks just cleared CloudThese are the next Crypto Related Stocks that just cleared the Green cloud with the cloud moving up. OSTK the cloud is diminishing but I think it has room to go up still. Other than that on all of these I would look for a pull back to atleast half of the last Green candle move over the last 24 hours. Then find a place to get in once it closes Green going back up with no pull back. I gave you 4 to watch because some might not do it as cleanly as the others. I would watch on something like an hour or more chart. I am using a 4hr chart here because it stands for a stronger move. I am not a financial advisor so dont blindly follow me into trades do your own DD.
In my last post you will find 5 other crypto related stocks and You will find all of them went up today. Mara up $4.20 big move there on an option call would have paid really nice. HUT 8 up 1.78 another big move. The other two are up .40 IBM i didnt list because its too much but it did go up .70.
Wait for the pull back to halfway and then wait for a green candle to close no wick on top, to pull the trigger.
by iCantw84it
10.15.2021
HUT 8 - MARA - KOIN - LEGR - OSTK All above cloud These are the 5 Crypto based Stocks that are above the Green Cloud and or facing the Green Cloud about to move up . On HUT 8 i did the key algo showing the last time it dipped below the cloud and made th is exact same move. It continues to repeat the move for a new higher before dipping below the red cloud again. If all of these stocks are doing the same move I would expect to see these all make a move to the upside. This stock has already taken a Dip to find support. I would make sure to look for a dip before blindly jumping in. its a pivital area if support isnt found it can come down to the last level of support. I would say that if price action drops deeper than this wait for it to come back and close above the 10.70 area before getting back in.
by iCantw84it
10.14.2021
OverstockBullish on overstock with consolidation going on.
What are your thoughts on this stock price , comment below
I won't be surprised if we see a couple hundred per share+: OSTKI'm long from 75 but think it has a lot more room. Let's see if we could close above 95 at the end of this month. It'll be be big
OSTK to $103.OSTK looks real nice if $97.16 holds. over $97.16 and i'm looking at $99.30 followed by $103.74
Overstock: Timeline of events that lead to the short squeezeMany people are drawing comparisons to the Overstock (OSTK) special dividend and the one predicted to come for Torchlight (TRCH). This shows some of the catalysts that lead to the Overstock squeeze.
OSTKScooping into its bearish harmonics ~ with an upwards trend on SSN ~ 115% projected profits, with 10% risk.
Projected path: 120 > 105 > 160 > 118 > 225
Things generally play out more complicated than the projection ~ so check back for updates ~ I do however see 225 long-term goal as a fluent objective. If not SL should be placed at 50
Campingworld long into earningsNYSE:CWH is looking good for a breakout if you believe it will beat earnings.
I already like this stock for its fundamentals and execution but technically it's also eyeing for a breakout.
Is OSTK trading in an Ascending Triangle?OSTK's earnings are fast approaching, it'll be interesting to see if there's any bullish momentum from the numbers.
Since early January this year up until today, the blue upward sloping support of the pattern has held forming a series of higher lows & an Ascending Triangle.
On the KST there's a bullish cross where I've placed the blue finger.
The DMI is displaying a bullish twist and indicating potential further momentum to the upside.
