Scholar Rock - SRRK Long Opportunity This company made a really bold move and added $3 million dollars worth of shares to the supply AND selling them at 15% of what the closing price was at the time. Obviously, this resulted in a very big drop. However,vif their investment pays off, overtime, there is no reason this stock shouldn't steadily rise back to it's common price. Unless we get a REALLY bad report for there earning on 08/11. I'm gonna grab a small bag for a short/medium swing - what do you guys think?
Stockanalysis
AMZN finding resistance at the 50 week moving average. AMZN is finding resistance at the 50 week moving average, and could be set to test the 100/200 week moving averages going forward. Currently, price is holding near the 20 week moving average after finding several weeks of rejection from the 50 week moving average. If the 20 week moving average breaks, we could see AMZN come down to retest the 100 week moving average again which supported the price previously back in December. On the chance that we break right through the 100 week moving average, I wouldn't be surprised to see it test around the 200 week moving average.
Moving average guide (All weekly moving averages for this post):
10 MA in Orange
20 MA in Pink
50 MA in Green
100 MA in Yellow
200 MA in Red
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk.
7022 GLOBETRONICS TECHNOLOGY - BUYAs we can see on daily chart, we can clear bullish bias when candle closed above 50 EMA. Head n Shoulder pattern also appeared at support. This is strong indicates that the downtrend is near end. We must wait for the retracement until price action confirmation such as bullish engulfing or pin bar in the support zone and around 61.8% level of fibonacci. Next TP at next resistance and SL will be below right shoulder. Risk-Reward Ratio for this trade is 1:3. The trade will be invalid IF price just break the support OR the price push to the upside without retracement.
Google Plans Huge Acquisitions Ahead?Summary:
- Former Oracle executive, Thomas Kurian takes over as Google Cloud CEO this month
- Kurian is well known for his strong track record in M&A, acquiring small businesses and turning them into profitable business units
What does it matter to you:
Under the leadership of the previous Google Cloud CEO, Diane Greene, Google has been losing out to its competitors on major acquisitions. The first one was Red Hat, who turned down Google’s offer in favour of IBM deal and the second one was GitHub which was bought over by Microsoft.
With Kurian takes over the CEO office, the street is expecting to see Kurian to set Google Cloud on a more aggressive path, with more eye-catching deals ahead. With this in mind, the next immediate questions investors should be aware of
- Is Google ready for the strategic move initiated by Kurian?
- Will Google move to the next chapter of growth?
We shall arrive at a clearer picture once Kurian has settled down in his office in the next few months.
From the technical perspective, the long term bullishness of Google is still intact, with no indication of the change of trend. The support zone of 950 – 1,000, which has been tested for few times, could be a good long term accumulation zone.
Reference for Details:
www.businessinsider.com
General electric double bottomDouble bottom on daily, could go long on the retest of the neckline. Next confirmation is break of 61.8% at level 11 and 200SMA. Weekly seems like the stock has bottomed for now and will begin the rally towards the weekly downtrend line. Earnings coming at the end of the month, GE is expected to do better but it had trouble surpassing expectations. Counting on winter demand for electricity for heating could boost its financials.
SPX (S&P 500), Daily Chart Analysis 12/22Technical Analysis and Outlook
As shown on Dec 20 chart analysis, S&P500 inner Index Dip 2490 was completed as of Dec 19 trading session, while Current Index Dip 2382 is open for business. There is three additional Index Dip outcome for mid-long term perspective.
Currently, we have two strategic resistance levels to be aware of. Mean Res registered at 2547 and Key Res 2651 , while there are no significant support levels other than Index Dips outcomes- that however, will change as index price action will develop gradually. See 'Indices Market' tab for full Market Commentary.
Bang & Olufsen analysisMany major investors believe that next year will be the 'year of stocks'. After recent major sell offs, many big companies lost at least 10% of stock value in December alone. So now is a great time to look for potential bottoms for long term positions at the start of the 2019. This is a luxury brand of Bang & Olufsen, approaching the massive trend line and support level, offering good RRR for a long position, break below the support would take us lower. The sell off was caused due to decrease in profit projections for next year. Watching such charts also gives indication for potential moves in US indices.
NASDAQ 100, Daily Chart Analysis 12/22Technical Analysis and Outlook
As shown on Nov 21 chart analysis, NASDAQ's inner Index Dip 6273 was completed as of Dec 20 trading session, while current Index Dip lays at 5917 . There is three additional Index Dip outcome for mid-long term perspective.
Currently, we have one strategic Key Res registered at 6485 and no significant support levels other than Index Dips outcomes - that however, will change as index price action will develop gradually. See 'Indices Market' tab for full Market Commentary.
NVDA / BTCAlright so this is my first Stock market trade. Im going to go long on NVDA despite the recently news of bitcoin and bitcoin being under $6000. Currently it costs around 6k to mine a full bitcoin so mining farms are losing money. Which means NVDA and AMD got the smack down last week. I love trading FUD and i traded TSLA from 250 to 375 when Elon was smoking the gas on stream. Im picking up shares here for quite a few reasons. You see an rsi that is really low around 30. The last time it ranged that low it went on a RAGE. The macd doesnt look horrible its setting up for a push up. Theres a big gap when the price fell. Im buying in the green and selling in the red. Lets see how we do!
BNS IS MUST PORTOFOLIO STOCK!FUBDAMENTALS Summary
1.Bank of Nova Scotia has announced 6 acquisitions in the past few quarters.
2.The company now expects about C$200 to C$250 million of integration costs in the next two years.
3.The bank should be able to achieve significant synergies and improve its operational efficiency through back-end systems improvement.
4.Bank of Nova Scotia should be able to benefit from strong economic growth in Latin America.
TECHNICAL OBSERVATIONS
1.We have a descending trendline that will give us the sign for a change of trend if of course we have a break above and a re-test.
2.We can see that price moved above the 200 EMA but the EMA has still negative slope and every time price did that failed to validate it moving again below it.That's why a double confirmation should give us a high probability sign for a buy.
3.We can also see that the EMA strategy we are in consolidation phase on daily chart,but looking under more longterm scope on a monthly chart is a nice buy after a pullback to the mean.
4.Ichimoku clouds are not giving a reliable sign as we are in consolidation phase and they are nor respected.
POSSIBLE TRADE
ENTRY AT RE-TEST OF BROKEN TRENDLINE ABOVE 200EMA
STOP LOSS AT 73$ MONTHLY LOW AND BREAK OF ASCENDING TRENDLINE
FIRST TARGET AT 85,50$ PREVIOUS HIGHS
SECOND TARGET WILL BE UPDATED IN NEXT ARTICLE!
THANKS FOR SUPPORT!
KEEP FOLLOWING FOR MORE PROFITS!
PLEASE LEAVE A COMMENT,YOUR OPINION OR EVEN A QUESTION YOU MIGHT HAVE!
STOCK REVIEW : FRONTKEN CORPORATION BHD (0128)INTRADAY ANALYSIS
Potential buy price above 0.470, on our analysis if they will break the trend line and find the nearest resistance which is R1 (0.510). At this zone (blue), the decision price either to continue bullish break the resistance zone to find another resistance R2 (0.550) or do rejection at this zone. If rejection, you must TP in here.
Analysis from our team, Ghibli & Co. Hedge Fund Capital (Malaysia).
Any inquiries about investment/analysis please contact us ghiblico.my@gmail.com
Facebook's full analysisFundamentals:
Annual Report as well as the Q1 2018 report are very positive, so the fundament behind the chart is good for an uptrend.
Technicals
MONTHLY CHART
-Trendline is confirmed, clearly going up and respecting that line.
-Now trying to test all time highs but doesn't look like the best setup for a price explosion; quite a lot of weird up and down spikes, not that solid, retracement quite impulsive.
Conclusion:
View is bullish, but there are some early signs of potential momentum slowing time, this means no contiuation, no reversal either.
WEEKLY CHART
-Potential scenario because price is kind of slowing down, looks like double top kind of formation.
-195-200 resistance, major key level there.
-For the next months, I don't think it'll break impulsively. Still remains bullish ofcourse, but think it's kind of running out of steam.
Conclusion:
View is bullish, but no continuation expected in the next period of time.
DAILY CHART
Falling wedge, not the best, but kind of forming up there. Quite some evidence supporting it, such as psychological key level resistance, double top formation aka highs rejection.
Conclusion:
Currently bullish, but expected to turn bearish soon on this timeframe.
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The more and more I zoom into this chart, the more bearish it becomes. Can be early signs of a neutral period for FB, despite the fact that the fundamentals are quite strong. Doesn't mean this will drop, but just don't expect price to continue going up for now.
Please give me some feedback on those analysis, would appreciate that!
Alibaba: $200 Price TargetRemember when Alibaba slightly went right towards the $200 mark in January? Now they are having the holiday seasons again for e-commerce and it looks like for a short calling, Alibaba will re-pass a $200 price point. (Even with increasing competition from the Walmart and Flipkart merger). Currently at the $195 price point and a trailing that looks like it will turn positive, I would conservatively call this a short with very little risk.