Berkshire Hathaway stock priceBerkshire Hathaway stock has been moving to higher grounds as expected and mentioned in my last stock technical analysis update. As expected the strong demand imbalance created at $175 per share has played out very nicely. Berkshire Hathaway stock price has been moving much higher managing to break all-time high again. Warren Buffet and most of his clients must be very happy people again.
As explained in a previous forecast for Berkshire Hathaway, we expected the stock to rally strongly from $176 per share and so it did. The all-time high has been broken and created another strong imbalance around $209 per share. Will Berkshire Hathaway stock price drop down there? We will see. Given the bullish strength of all US indexes, It might continue to rally much higher creating new imbalances.
Stocksonthemove
$TLSS BREAKING OUT ~ DO NOT GET LEFT BEHIND$TLSS Countdown to financials Mid November. Q3 #'s will be fantastic.
TLSS acquired the assets of GRC Trucking. Cost savings and creating more revenue.
Deal with FedEx as we know. #FedEx #1 transporter for #Walmart, #SamsClub etc. #Walmart+.
Waiting for confirmation from TLSS in PR. We have done our DD.
TUI AG stock strong sell-offTUI AG is was already in a clear downtrend providing us with short opportunities at monthly imbalance around 12 per share. As expected price sold off strongly from that imbalance and has ended up created another huge imbalance around 11.39 per share.
We do not need to pay attention to stock fundamental analysis when trading supply and demand imbalances. Of course we can read about the company’s profile and even the big news but that should not prevent you from taking a valid trade using a supply and demand imbalance stock strategy.
HSBC has downgraded its investment rating on TUI AG, does that mean anything? Well, not really if we are supply and demand traders. We already know that the monthly timeframe has a bearish bias and new supply imbalances are being created. We should not care what HSBC or any other analysts say about TUI Ag stock, it will not change the fact that we have new strong imbalances.
Reasons to buy Aurora Cannabis ACB stockIt’s been a rough year for cannabis stocks and even though Aurora Cannabis (NYSE: ACB) is one of the most notable companies in the Cannabis sector, it had its fair share of struggles in year 2019.
The stock has been dropping strongly for many months since April 2019. Following that yearlong downtrend, here are a few reasons to consider buying Aurora’s stock in 2020 based. Remember we only trade supply and demand imbalances, we are not interested in fundamentals for this particular cannabis stock.
We don’t care if the company could bring in a new CEO to negotiate a deal to bring consumer packaged goods to the company and bring greater financial discipline to the company. We could start adding fundamental analysis and why Aurora Cannabis hasn’t done very well last year.
Who cares about all that? What we should care is about the super strong monthly demand imbalance that price has reaches after months of continuous devaluation of the stock. As supply and demand traders we should only be interested in trading strong imbalances, price levels where the underlying asset is out of balance.
See Aurora Cannabis ACB stock monthly timeframe supply and demand analysis underneath. We can see a very strong monthly demand level around $2.15 per share. It’s a very strong impulse that provides us with a lot margin for price if price reacts to that imbalance as expected.
Comcast Corp buy opportunities with new monthly demand levelsOn Comcast Corp american stock #CMCSA we have a clear monthly uptrend with new demand levels being created while breaking all time highs. In an uptrend with demand levels being created and respected, no shorts are allowed, only buying the underlying stock at new demand imbalances.
This is a longer term analysis for Comcast Corp, you can use lower timeframes to take a trade on this stock. By taking into consideration the long term big picture trend, we will be adding more odds when buying Comcast.
Two monthly demand imbalances have been created around $42 and $36 per share, price did not retrace to strong demand level at $36 but it did retrace to the imbalance at $42.
GOOGL Potential Long Breakout with our B.I.T.S IndicatorOur B.I.T.S (Breakout Intelligent Breakout Signals) Indicator for TradingView has a signal Long on $GOOGL. The recent two long B.I.T.S breakout signals have achieved at least target 3 for our strategy as can be seen on the chart. We are now looking to enter a 3rd swingtrading opportunity for the GOOGL stock.
Long Entry at $1363.60, above the highs of yesterday and slightly higher that our signal entry price as we are a little late to the game. With Stop loss at 1362.77 and the 4 target zones printed on the chart by our B.I.T.S indicator.
Look to Swing this long trade over into next week, depending on momentum. Be careful of low volume christmas trading..
Expedia group stock supply and demand analysisEver wondered how to trade stocks without using any kind of indicators, fundamental analysis or volume analysis? You don’t need any special tools to learn how to trade stocks.
As a beginner, it shouldn’t be that difficult to place a high probability trade on stocks, you don’t need a university career either. When trading stocks using a supply and demand strategy, you don’t need to pay attention to anything else but price action and the strength of the imbalance.
How to trade Expedia Group stock using a supply and demand strategy
On Expedia Group american stock #EXPE we have located a super strong supply imbalance around $135 per share. That’s the kind of imbalance we are looking for and where we are interested in selling Expedia Group stock. You don’t need to pay attention to fundamentals or earnings announcements, why should we?
Clear short bias on Expedia Group, price action analysis is also telling us that selling is the way, but not now, we need to wait for the retracement.
Spotify buy opportunities created with new imbalance createdA very strong weekly demand imbalance has been created on the weekly timeframe around $117 per share for a long term buy opportunity on this stock. Currently we have a pretty strong weekly supply level that has gained control, buying Spotify stock is not possible now. Remember this is a long term analysis, short term and intraday stock trading is a different story but this can help you decide which bias you can trade on your stock trading strategy.
When Spotify Technology #SPOT stock is analysed with the glasses of a supply and demand strategy, we can see that strong impulses and created providing new demand to lean on for long term buy opportunities.
Should I sell off my stocks?Should I be selling off my shares? Well the official reply to that is you have to decide that yourself as market analysis, we analyse and spot potential reversal zone.
0183 is a relatively new stock data only start from 16May2016 not much can read off from this.
The 2 potential prices to look into after the market cross the psychological level of $1.00 will be $1.085 but a more important key level will be $1.265.
At these resistance(upper restraint) level are potential "sell-off". In my trading decision, I look into the "think like other traders", if people are exiting the market what are the price they are looking at?
Psychological Level will be $1.000, if the weekly candle break and close above $1.000 I will have no concent until price touches $1.085 as it forms structure restrain, breaking and closing above I will be looking to exit at $1.265, a price that I expect huge market movement.
Snap Chat SNAP stock analysis and forecast. Short opportunitiesShort opportunities are being created on Snap Chat SNAP stock.
New weekly supply is being created on Snap Chat on the weekly timeframe around $16 per share. The stock has been doing nothing for a few weeks and it's now dropping strongly creating new weekly supply imbalance and lower timeframe imbalances. No longs are allowed. Price action and supply and demand
Weekly price action analysis is telling us than bearish impulses are stronger than bullish impulse so it would be suicidal to open short positions on Snap Chat stop. As per the supply and demand analysis, only shorts are possible, that is, selling the stock or use stock options to trade all the way down as there is a lot of room for price to drop with no important obstacles.
NETFLIX NFLX stock long bias from weekly demand imbalanceYou don't really need a university career on economics to learn how to trade stocks like Netflix NFLX, you don't need to buy dozen of books on trading strategies, economics and fundamental analysis on how well a certain company has performed in the last quarter or in the last year. You can learn how to trade stocks like Netflix NFLX by simply locating the imbalances created in the underlying stock.
Since you won't be needing any Phd on economics, learning how to trade stocks using the supply and demand imbalances by professional traders will make it easier for you if you are new to trading, trading stocks for dummies we could call it.
We have a clear example of a strong imbalance of demand on NetFlix NFLX american stock. This particular stock has been dropping for weeks since it reached the $370 per share price level. There were opportunities to sell NetFlix stock when it was up there but now that price has reached a very strong demand imbalance on the weekly timeframe around $256, if you every sold NetFlix up there or on the way down, it's time to close your trade and take profit because we are expecting price to rally much higher as a reaction to that strong demand level on NetFlix weekly imbalance.
Let's hope price rallies much higher on NetFlix, similar imbalances have been created on many other american stocks. NetFlix forecast together with other american stocks are bullish and are creating very strong demand levels and even breaking all time highs over and over.
AMGEN Inc AMGN stock looks attractive after a strong rallyAMGEN Inc AMGN american stock looks attractive after a strong rally, waiting for a pullback to weekly demand imbalance around $178 to buy the underlying stock.
We don't need any fundamental analysis on a stock to take a trading decision but if you are interested, Amgen AMGN has been a laggard. Amgen's slump had to do with the stocks slowing growth outlook combined with the ever present headwinds that the healthcare sector faces heading into an election year.However, Amgen could address its growth slump.
That's exactly what management did in August, causing the stock's price to spike. Yet, in the past five weeks Amgen shares have cooled off, giving investors who were previously experiencing fear of missing out the trade, the chance to get into the stock at a discount to recent highs.
Where is the place where those investors can plan to buy AMGEN again? Well, if you look at the attached weekly chart technical analysis, the whole movement started at $178 creating a very strong weekly demand level, that's where we can buy AMGEN inc again.
Walmart Inc #WMT american stock buy opportuntiesWalmart Inc #WMT american stock is providing new buy opportunities as it broke all time highs around $105 a few weeks ago created a strong weekly demand level around $103 per share. The long time supply and demand technical analysis for Walmart Inc is bullish, no reason at all to sell this stock or get rid of it if you are already long from lower using other trading strategies.
As trend traders we should only be thinking of buying Walmart stock since it has a clear uptrend and bullish bias. There are two possible outcomes for a trade, either you win or you lose. Both outcomes are fine, because your success as a trader is not measured by the result of a single trade, it should be measured over the success over a huge sample of valid trades over a long period of time.
We do not follow earnings or fundamentals on our stock analysis, but earnings is usually a catalyst, it helps price to move. If you are a trader that does follow fundamentals then Walmart Inc. is expected to report earnings on 08/15/2019 before market open. The report will be for the fiscal Quarter ending Jul 2019. According to Zacks Investment Research, based on 12 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.21. The reported EPS for the same quarter last year was $1.29.
Holding LGCY Long Term Week 1The goal is not to scalp this stock but actually see some long term progression. We've been tracking this company and plan on actually seeing something come out of LGCY. Our goal here is to build a stable portfolio with some long term upside potential. Our group will hold this stock for a few quarters to see how things turn around.
SLS Buy and Hold Opportunity This Long position is from Monday at 9:30 am at which my group is holding positions at $0.16 We are planning to buy as many shares in the red zone and hold. Regardless if price does not reach $0.40 by Friday at 9:30 am. We are still going to hold this stock in our portfolio for a minimum of 3 quarters. The goal here is patience and steady growth. We look to see the 3rd phase trial a success.
SELLAS Announces Pricing of $15 Million Public Offering.SELLAS intends to use the net proceeds from the offering to commence a pivotal Phase 3 trial for its lead clinical candidate, galinpepimut-S (“GPS”), as a monotherapy in acute myeloid leukemia patients following second complete remission and to continue its Phase 1/2 basket type trial of GPS in combination with pembrolizumab, as well as for general corporate purposes and funding its working capital needs.