TTML (Tata partner with BSNL) - Rumor or Boomer :)There is lot of speculation in the market that Tata is investing / partnering with BSNL to provide high speed 4G & 5G services. Though there is a "Proposal" of such sort, its still in preliminary stages and "AS USUAL" the Market had a Speculative Blast already
TTML hit 20% UC today basis this....
If this Rumored news ends up as Rumor....
Then Price would Burst out like a Boomer....
Comparison of Quarterly Vs Daily Chart:
1. On Quarterly: The Price had formed a Massive Flag-Pole pattern and Broke-out of the pattern today with 20% UC. For the Breakout to be effective, it has to Break-above the Previous High Resistance of 99.5. If broken and sustained above 99.5 - Weekly Closing - then Target would be 185
2. On Daily: Price had broken-out of Inverted Head and Shoulder Pattern along with Parallel Channel (Flag) breakout.
Now - there are 2 options for the Price
1. If the News is True: Price would blast further up hitting a Target of 145 in short term (Target for Inv H&S + Rounding Bottom BO above 107
2. If the News ends up just as a Rumor: Price would take resistance at 99 and fall back to the next support levels at 90.5 or would retest the Falling Parallel Channel Trendline (Breakout - Retest) which is still bullish
After such a massive breakout, it is highly unlikely to return back within the Parallel Channel even if the news is Rumor.
Fresh Entries - WAIT for Further Confirmation of Fall to Support Level (or) Successful Breakout above 99.5 Weekly closing....
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Rumors
ACRS Aclaris Therapeutics Potential BuyoutACRS Aclaris Therapeutics has 3 clinical trials releasing topline data this year and sufficient cash to fund their operations through the end of 2025.
ACRS is in Piper Sandler`s potential 12 biotech takeovers in 2023.
ACRS reached 52 week low today: $5.05.
Analysts Price Targets:
$21 The Goldman Sachs Group
$29 BTIG Research
$38 Cantor Fitzgerald
$43 HC Wainwright
Considering the above, I think ACRS might be an easy +3X!
Looking forward to read your opinion about it.
NVTA Invitae Corporation All Time Low | Potential Buyout !Last year in Autumn we had this buyout rumor. I remember back then Exact Sciences said to approach Invitae about a potential merger.
Now, NVTA, Invitae Corporation, is trading at an all-time low, $0.62.
Some deals take one or two years to perfect, and we don't know what caused the recent price decrease.
Sometimes this happens before an announcement.
Today, Invitae announced the appointment of finance veteran Ana Schrank as CFO; she spent more than 20 years at McKesson Corporation where she held leadership roles. Could this CFO be hired ahead of a takeover?! We don't know!
But with an RSI of 19.34 and an all-time low, along with ARK Invest being the 2nd largest shareholder at an average price of $15.08,
I think this looks like a great buying opportunity!
Looking forward to read your opinion about it!
$RETO Stock surged on Two RumorsWhile the stock is running for the top, there has been nothing by way of press releases or SEC filings. So, what’s the deal?
- ReTo Eco-Solutions May Be an Olympic Provider. According to various social media posts, investors are awaiting an announcement surrounding involvement in the Olympic Games in Beijing. The rumor suggests that the company’s work with the 2022 Olympics in Beijing will be expanded, exciting investors.
- Merger With Apple Rumor. There’s another rumor hitting the tape too, and this one’s the big one. According to various social media posts, investors are awaiting the announcement of a merger. According to these rumors Apple is interested in merging with RETO.
- The Short Squeeze. the heavy short interest on the stock, combined with the ultra-tiny public float of under 15 million shares could lead to supply and demand related jumps in value. Ultimately, as the shorts race to cover their positions, demand for shares rockets, but with only under 15 million shares available to the public, the demand increase for RETO shares could lead to tremendous gains.
cnafinance.com
$WATT Shares Skyrocket on Apple Battery RumorsEnergous Shares Skyrocket on Apple Battery Rumors
Energous jumps on news that Apple is working on a wireless charging attachment for the newest iPhones.
The battery pack would attach to the back of an iPhone 12 using the MagSafe system, which all the new iPhones use for charging and pairing other accessories such as cases and wallets.
Energous develops WattUp wireless power technology that consists of semiconductor chipsets, software controls, hardware designs, and antennas that enables radio frequency based wire-free charging for electronic devices.
Energous had said in a regulatory filing that its WattUp product will undergo compliance testing with Apple, according to CNA Finance, but there was no reference to a partnership.
www.thestreet.com
Swingtrade 4h chartGood day!
Here's another update on the 4h chart, i've included a pitchfork of the downtrend we're currently in.
We're still fighting on the 4h KST for trend. Potentially we're going for the lower part of the wedge and under ema river towards a price of ~$9600.
Less than 3 weeks before BAKKT release! This might be a classic "buy the rumor, sell the news".
First target to reach on short is 8500 with potential 6000!!
Sell Broadcom on this Symantec Acquisition, $20B Down The TubesBloomberg broke the news on Wednesday July 3rd, 2019 that Broadcom is in talks to buy struggling Symantec. This is a terrible idea on many fronts and $AVGO closed down 3% on the news. I believe that investors do not want this semiconductor company to waste $20 billion on a cybersecurity company (and why pick the one that seems to be struggling the most?). Certainly makes sense that we head lower over the next few days/weeks.
A few references:
AbbVie buying Allergan - stock closed down 15%
Salesforce buying Tableau - stock closed down 3% (but it hasn't dropped further)
The price of gbp/jpy broke the support zoneThe price of gbp/jpy broke the support zone. The one identified by the EMAs 20 and 200 periods and by 50% of the Fibonacci retracement, on a daily time frame. Violating the whole area between 145.60 and 145.00 and confirming the closing below it, the price will continue this downtrend. The next target that coincides with the first key static support is at around 142.80. Once up to this point, the sales on this exchange should continue up to the final target of up to 61.8% of the Fibonacci retracement set at 140.45.
This technical scenario is supported by the fundamental one. With the "Brexit" situation still in development and far from a definitive conclusion, the pound is devaluing in the short term. This trend will continue at least until the end of the summer. This deadline granted from the EU to London to make a decision.
On the other hand, although the Bank of Japan has declared that it is ready to implement an even more expansive monetary policy by stimulating the Japanese economy with further injections of money, it now seems intent on maintaining the line declared during the last meeting.
Meanwhile, rumors are circulating on the markets. Japan has signed an agreement with China for the mutual purchase of ETFs. As part of an agreement called the "ETF Connectivity Agreement", Tokyo and Beijing would have agreed on the need to allow the fund managers of both countries to invest in the ETF market of their respective counterparts. This would be giving the yen some stability. It should continue to gain value against other majors in the short term. So, to conclude, we recommend a short entry with a target area in the 140.45 area; intermediate target i 142.7.
AION second chance
AION It is currently in a shopping area according to the analysis of the price action, at this time it takes 3.58% of the expected target, within the channel as can be seen in the graph.
AION Se encuentra actualmente en una zona de compra conforme al analysis de la accion del precio, en estos momentos lleva un 3.58% del target esperado, dentro del canal como se puede ver en la grafica.
Todo lo que necesitas saber de AION www.coincrispy.com
Maybe a good girl to play (GRS)Hello, fellas...
I am watching this girl very fondly... There are rumors that GRS will be listed on Bithumb. So, rumors usually are signals to buy. So, let 's look the movements, if we can get an entry to play with this one.
Analysing the patterns, wedges are part of GRS movements. Huge volume entry, and it still in... following fibbo areas, i believe we can reach in the actual wedge forming 14.300-14.600 sats before rise up. Should be a good entry for me. I just will check the king (BTC) moves, because this guy can destroy our plans, Let's see together?
A song for this idea:
"I'm tired of rumours starting
I'm sick of being followed
I'm tired of people lying
Saying what they want about me
Why can't they back up off me
Why can't they let me live
I'm gonna do it my way
Take this for just what it is"
Song name: "Rumors"
Singer: "Lindsay Lohan"
Warning: this is not an advice to buy, is just MY VISION! Don't do any trade based on my charts, DYOR!!! It's not gambling, it's trading!
Love you, fellas!