Speculation
ADA on a possible masive bull run target for 2021Cardano is poised to hit targets we did not think possible on this 2021 Bull run. With all the smart contracts and all the dapps that will be built on the Cardano protocol along with the bridges being built to support other blockchains and governance and on and on....... I am starting to think that we may be giving the eoy Ada price no justice at all. I posted a previous Cardano price of $50 but now with this Schiff Pitchfork and this yellow trendline that begins from March 2020, we could be seeing highs at $60. Of course, this is all speculative and not meant for trading but only my opinion on how I see this protocol hitting certain values.
Trading Idea - VIAC - Catch the falling knives!!BUY
CAUTION!!! HIGHLY SPECULATIVE!!!
Target Order: 60.13 USD
Stop Order: 39.31 USD
Viacom CBS was forced to sell its Chinese Tech-Stocks as well as the US Entertainment Industry Stocks!
This resulted in a more than 50% crash! There may be the chance to chatch the falling knives!
High risk, high chances!
2021 Kin end of year pitchfork pattern $0.06-$.10- $0.25Ok, I am using three Pitchforks to give us a guestimate of where Kin could touch certain fib lines on its way to breaking above its previous all-time high price of $0.0014-$0.0016. I have included two more price targets of $0.10 & $0.25, we never know and in crypto anything is possible. Recently Kin has been on a beast run and understood with new & better exchanges and developers coming on board. One great strength Kin has is using the Solana blockchain which has one of the fastest transaction speeds in the entire crypto world achieving 50,000 TPS. Try sending some Kin from one Solana wallet to another and it is nearly instantaneous and this is why Kin will become one of the fastest cryptocurrencies in the entire space.
QS dangerous speculatingHi everyone, today I want to talk about QuantumScape Corporation.
That is company, which works and producing with lithium-ion batteries. She exist less then 5 years (very young).
At now it is dangerous company for investing on a long period of time and it needs to wait more then 2 years to see what will happen.
From other hand, QS made an agreement with VolksWagen about producing of improved batteries, so VW is not investor, but customer.
And interesting moment - VW bought 15,2 mln shares of QS - it can show about future of QS, but it still needs to watch.
That can cause sharp rising of QS stocks.
Nike opinionGood time of day, my followers and readers.
Today I wanna talk about Nike as interesting stock.
So, good news are:
1) Nike all this years had good financial results, have big competetive advantage. Revenues growth without big growth of administrative costs
2) Even with last 2020 year and COVID-19 pandemic, company shows good results
3) Overall financial safety, even with big debts
4) Company management allowed short-term investing to stabilise company from COVID-19 aftermath.Inventories become smaller.
Bad news at now are:
1) China's boycot. If conflict escalation will continue, Nike and many other companies can lost one of the biggest markets in the world. (but at the same time just need to wait and watch)
2) Now Nike's value is overvalued, and earlier or later will go back, but all of that will depend from markets value opinion. And for next 2 month will published new 10-Q statement. So, it will be higher volatility. And interesting, that in the end of december of 2020 insiders sold very big ammount of stocks - more then 1 million. And all insider sellings were big enough.
So at my opinion we can wait for growth of prices in waiting new 10-Q report, but at the same time be careful with speculating and investing in this company. From one hand, we can expect growth before publishing of new statement, from other hand - we can expect, that company will fall down and back to the fair value area (now it is nearly from 98 to 103 $)
That is just autor opinion, no recomends. All investing involve risk of loosing part or all invested resources, past success doesn't guarantee future success.
Solana 2021 end of year price speculationGiven that Solana is a fairly new and not even a year old blockchain we need to look at the amazing benefits it brings to the crypto world. One of these is a whopping 50,000 transactions per second beating every competitor hands down. Ethereum handles 15-25 transactions per second, Ripple with 1700 TPS, Bitcoin 4.6 transactions per second, EOS claims 50,000 transactions per second but not sure. Also, Solana's average fee per transaction is 0.00005 with global validators now at 689 and growing. You also have an impressive Solana ecosystem with great platforms like Binance, USDC, Crypto.com, Exodus and Atomic, Band Protocol, Bitfinex, Tether, Chainlink, Kin, Ledger, and the list goes on and on. I use Solana wallets and it amazes me how lightning fast the transactions are. I mean it literally sends my Kin the instant I press the send button it confirms and deposits instantly.
solana.com
It is clear that Solana will be a huge competitor to Ethereum, Tezoz, Cardano, and other similar platforms. I am thinking that with such a low circulating supply with Solana of only 267,460,091 SOL, we could see a serious higher price at the end of this year.
My end of year price points for Solana: $900, $2,000 & $3,000
The next Blackberry bounce, new long entry opportunity?Blackberry NYSE:BB has kept support in the 11-12 dollar range and is currently pre-market testing the prior support levels at 11.06 as of 8 AM on March 17. Short-term bullish longs may want to enter long for a bounce back to the 12.26 mark and keeping in mind that 11.06 is downward support. Note that the past two daily candles (March 15 & 16) were with a great deal of sell pressure which would both be short term investors/speculators exiting and bearish speculators shorting for a breakdown bellow 11 dollars. If buy pressure increases today then this would continue the week of predominantly bullish momentum. It would be a clear upward continuation signal. It is worth noting that bearish reversals have happened twice since the all time highs in late January. Over all direction is still bullish on the daily chart. Today (March 17) should be a retest of the 12.26 resistance level and should be a buy volume day to reverse the last two days of over all sell pressure.
For entertainment and educational advice. Not financial advice.
The new Blackberry Hello fellow Blackberry enthusiast. We've had two false breakouts with Blackberry and the question is this the third with the new Blackberry really a long term breakout back to all time highs under Chen or just a nice bounce. Time and market conditions will tell. The daily charts have had a wicked battle between longs and shorts that have supported the thesis that blackberry is comfortably trading in the 10-11 dollar range. Price action generally overnight and premarket tanks past any day gains and indicates that bullish sentiment is finding stiff resistance against bearish speculation.
For bullish investors the Blackberry charts are slowly and positively moving back to test prior days highs. Currently the price is around 11.30 which as trend lines indicate is bullish sentiment in the short term and possibly long. Increasing speculation over the positive long term value of the stock including WSB has given both momentum to long and short speculation. Current trends continuing with several days above 11.06, then 12.26, and 13.07 would be a possible strong bull catalyst for a retest of all time highs. BB may simply be making higher highs and higher lows as it coils upward. Bearish speculators would likely want to short around these key levels to retest lows much as they did after uptrend 1 and 2. Fridays close should give a good guidance on possible direction in short and near term.
Bullish long term price targets would be the yellow marked levels. MacD and RSI trends seem to be indicating a strong bullish scenario but it is corollary to the wider Nasdaq which has proven to be bearish for much of February and March.
Long term targets could be as high a retest of the historic blackberry highs of 32.70, 68.64, and 125.07. It should be noted those prices are reflections of a dramatically different business model and may prove to be more conservative given the difference between the business models of the historic Blackberry before Chen and the new Blackberry after Chen. More bullish investors that believe the new Blackberry under Chen should be roughly equivalent peer to Crowdstrike CRWD at 196.88 or VMWARE at 147.32 at the time of this writing will have to prove it by increasing investment in the stock including short and long term bullish speculators and of course not only hitting but maintaining those price targets over extended periods. Volatility will increase as the price increases. Time will tell if the new Blackberry can re-capture Wallstreet investors and advisors higher price targets as it has Main street investors.
Not investment advice. For entertainment and education purposes only.
Time to press euro Longs EUR/USD has recently broken below some key technical levels of support such as 1.2050. Recent USD resilience could wane over the next few days as positioning in euro cleans up. Coming into January, many managers had the reflation bet on, which encompasses the long EURUSD trade. This trade caught them wrong-footed, and many managers squared out during a period of heightened volatility. The risk is now for a move higher in the euro as the consensus position has decreased in size. euro fundamentals remain bullish, albeit with some negativity around vaccine distribution. That said, global risk remains bid, and euro should be no exception to this tone. Across the macro landscape, oil is reaching yearly highs, the 10Y yield in the US is flirting with its recent upper bound, and gold is breaking down. The only signal that doesn't confirm the current reflationary landscape is the dollar. Many are calling this the start of the dollar move, but I would much rather fade this move with a tight stop. EURUSD likely rises to over 1.25 in the next few months. If I am wrong, we have a short stop and we re-asses.
THE NEW BLACKBERRY AND THE NEXT BULL RUN?This is my first published chart and feedback is welcome.
Blackberry $BB is a Canadian company that has transitioned in the last few years under John Chen to become an Internet of Things, Automotive, and Security company and away from a phone company. Blackberry does retain patents and the name of the phone. The stock had a milestone of new highs in 2021 under Chen's leadership. There was also a bubble break erasing over half of its all time high. It is speculation to say why this definitively happened. It was coordinated oddly with speculators particularly in the WallStreet Bets Community that generated a great deal of purchases on Robinhood in particular in the so called memestock. These investors/speculators seemed driven in part by nostalgia began investing in companies from the 90s which Blackberry was iconic. As indicated on the chart a bull run that began in November of 2020 by far blew past long term short positions and costing untold millions to hedge funds and speculators that had to cover their short positions in Blackberry which appears to have negatively kept Blackberry stock prices artificially deflated for years. Regardless of the recent bubble burst there is a valid question has Blackberry under Chen become the next sleeping giant in the IT and automotive sector. A sector that will continuously grow as leaders in the USA, Europe, and China pressure auto makers to move towards clean energy vehicles. Those that like strong company leadership might rightly conclude that Chen has turned Blackberry into a leader in the emerging smart car and smart device market while retaining the iconic name and securing partnerships with companies like Amazon in the USA and Baidu in China.
Many bearish analysis appear to have deemed Blackberry a defunct phone company and are either unaware or purposefully ignoring the transition under Chen. Blackberry along with new partners like Amazon and Baidu are creating new partnerships to create autonomous and secured vehicles based off of Blackberry's patented QNX operating system and other patents. Possible investors, day traders, and speculators may be attracted to possible bullish runs to return to January's all time highs and beyond given Blackberry's transition to a new company. This is not financial advice and you should do your own due diligence and never invest more than you can afford to reasonably lose.
It appears that Blackberry after a period of consolidation is attempting another bull run. Levels of interest and commentary is on the chart.
Thank you for your time and hope this helps you consider Blackberry.
How to trade stocks with call and put options?How to trade stocks with call and put options?
Why one may consider options trading?
One may consider options trading to generate income, to hedge his or her portfolio, and to speculate the next price move.
What is a call option?
A call option allows the option buyer the right, but not the obligation to buy a security at a predetermined price within a specific time period.
What is a put option?
A put option allows the option buyer the right, but not the obligation to sell or sell short the specific security at a predetermined price within a specific time period.
Why options trading involves substantial risks?
Options are financial contracts with a predetermined expiration date. Options have a time decay factor. At the expiration date, option holders have to make a decision. Options holders may exercise the options if the options are in-the-money, to sell the options at the market values, or faced a capital loss if the option is out-of-the-money or may be completely worthless.
How to read the option quote? Just an example.
1 Call XYZ March 17, 2021 140 Call $5
XYZ is the symbol for the underlying security.
March 17, 2021, is the expiration date.
$140 is the strike price. The strike price is the price at which the underlying security may be brought for call options. The strike price is the price at which the underlying may be sold for put options.
$5 is the premium. Premium is how much it will cost the trader to purchase the option.
One option equals 100 shares of the underlying security.
Thank you for reading!
Greenfield
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Disclosure: Article written by Greenfield. A market idea by Greenfield Analysis LLC for educational material only. The option quote in this article is not real. The option quote was just a makeup example.
Byte Coin Spike / Fork - Road to 0.04 +This can be a 100+x coin, ATH 0.04 cent. This can be a good opportunity!
$SPY: All time highs everywhere and not a dip to spare...AMEX:SPY
The market is already rampant with speculation but here's my two cents. I know the danger that exists and trying to call the top but at this point, it almost seems inevitable that the time is near for the S&P 500 to retrace. Many of what I would call legitimate bearish signals have been rejected repeatedly leading to higher price levels. This, though frustrating for technical traders, isn't unfathomable considering that the perceived risk in the market is extremely low unlimited QE coupled with low-interest rates and an increase in individual investors has led to the markets having a level of liquidity that supports this growth and current bullish sentiment.
In fact, when examining the chart it does look like the S&P 500 actually does have some more room left to the outside but at this point that room is limited and it coincides with the psychological price resistance level of $400 ($392-$408 is what I predict to be the reversal point range). At that price, $SPY will be in the range of fib extension levels that commonly signal the completion of a cycle - and looking at the chart, it does appear that the S&P 500 is possibly completing the third impulse wave of a larger multi-year cycle.
At the moment, there are several divergences on multiple time frames and much of the rise in price over the last week (five days of positive price movement ending with a 4.7% gain for the week) is contrasted by reducing volume with sell volume often higher the buy volume. CBOE:VIX has returned to a strong support level which could mean another pop in volatility around the corner which could trigger a sell-off driving SPY lower into April . That being said, lack of bearish catalyst and influx of individual investors into the markets could extend the rally well into the year before wave completion.
I would suggest treading carefully here trimming position and building a hedge. Puts on $SPY do not have a track record for being profitable so I would recommend rather buying AMEX:UVXY as a hedge or if not deterred by the past performance of SPY puts, ITM puts with expiration dates at least 3 months out could sufficiently counterbalance any incoming market turbulence. Short-term calls may be on fire this week but with limited upside, as it is hard to imagine the S&P 500 can extend this run after a five-day streak without any significant pullback.
(Believe it or not, this is actually the abbreviated version of my analysis but it is Sunday morning and I should probably be doing other things besides charting right now
tl;dr SPY will likely overextend itself on the push to $400 before volatility returns. Margin Debt, 10yr Treasury Rate, Inflation, CBOE:VIX , S&P 500 PE Ratio all on watch. Sharp correction possible by April.