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Tothemoon

Lam is a Strong BUYLam Research is a stock on it's way up. The prominent analysts have set the price target as high as $275. This price looks like it is bouncing off support until it can jump past the resistance. Increased value from the growth of sales is one thing this company has on it's side. The books of LRCX look better YoY, only showing a couple weaknesses, i.e. in a slightly larger debt than last year, stock price at a discount compared to industrial peers, etc. In it's peer group, of integrated circuitry and semiconductors, LRCX stands to gain ground aplenty. This price is a good entry for such a solid go-getter.
NASDAQ:LRCXLong
by biggair
1
ETF Bitcoin. New hope!The market is cyclical, subject to technical laws and simple logic (see market theory "Puppetry"). If we are talking about Finance: "bubble" inflated, then blew, then followed by repeated inflating until " the horse is dead." If the horse feels comfortable - pulling the ears of the news, in the one and in the other direction, says one thing: the puppet master again and again, take advantage! But seriously, the news background is interpreted differently. First news: the Chicago exchange CBOE has filed a new application for the opening of the first bitcoin-ETF to the us securities and exchange Commission (SEC), the issue of ETFs for bitcoin. If you look at the retrospective of gold as a commodity-type instrument (in fact, like bitcoin, equated with the SEC Commission to commodity assets), after the issuance of ETFs, the cost has increased significantly. This was primarily due to the acquisition of the asset without physical delivery. At the same time, the Issuer supports the ETF with a physical acquisition (purchase of the underlying asset), which leads to an increase in total capitalization, and this is a factor for growth. Mixed funds can also use derivatives, which is not so positive for the stability of the asset in the future. As a result, a bubble of derivatives is inflated. While information on the structure of ETFs on bitcoin is not, as a matter of fact, more or less clear position of the SEC on the issue of ETFs. In this case, at a short distance of time, the derivative will follow the underlying asset and, with the positive decision of the SEC, the market will get a good reason for growth. In anticipation of the official response of the SEC, the market will be stable. The movement is likely to occur in the growing channel indicated on the chart. Reasons for growth: Matropattern and price movement from 50 to 200 MA. Plus movement within two growing channels (blue and green).
BITFINEX:BTCUSD
by benice_trader
1
ARK – 516 % Earnings possibleHello Guys! Here it is another much undervalued coin. As you can see on the chart according to Fibonacci levels we are very low (same level as in December 2017). Same levels were observed in August 2017 before massive rally when one could earn nearly 600%. So traders look now at Visible Range. We are below much below “fair” price and in the lower part of the Volume Area. It means 70% of all traders bought their coins over the current price. They won’t be willing to sell until they get their money back. Fair price is established at 0.00034035 BTC What’s more we have double bottom already formed waiting for a great rally. Stay vigilant and observe the volume and price. Last time rally took us only 6 weeks so be prepared. What’s more we have crossed MA50 which is very good sign. On Weis Wave we can see volume rising and no supply therefore we have stronger price pressure. We need more volume to obtain such levels as in 2017 but stay patient and positive. On MACD chart we can see positive divergence – all bulls’ crosses are higher from the previous ones ones. So guys. This might be very interesting trade with great potential. Observe levels such as 0.00026801 than 0.00035000 and than our first Fibonacci target 0.00043297. We have to break them all in order to break supports and obtain confirmation of the uptrend. Fibonacci levels: Target 1: 0.00043297 Target 2: 0.00058805 Target 3: 0.00071339 Target 4: 0.00083872 Target 5: 0.00101717 Target 6: 0.00124447 Thank you for all support. You are the reason why we are making this. If you like our job give us a like. Do not hesitate to comment. We are very open and value your contribution! If you don't want to miss out updates don't forget to follow us! HUGS! WBM Team.
Long
by WBM_Team
Similar Pattern? Still heading up in a bull flag?I find the patterns here on the last two rallys eerily similar. Two bumps against the top of the flag, then only a partial retrace down to the red box before it reaches the top for a 3rd time. Then a bounce off the bottom and back and forth before another rally up. What do you think of that? My initial 3rd wave projection appears to be off, and if the 4th wave drops any further, it will invalidate my EW count... but even though the wicks of the 4th wave and 1st wave overlap just a smidge, I'm keeping my count where it for now. Another bounce off the bottom of the bull flag could trigger the 5th wave up to 6800-7000.
BITFINEX:BTCUSDLong
by bluemt95
1
The bottom is behind us...uptrend continues!See my previous idea from June 26 for confirmation of this idea. The EW waves have come to fruition, although it took several days longer than I expected. This current wave of Monday morning I hope gets up closer to 6800 over the next 8-12 hours so we can see a nice retracement of the 4th wave without crossing back below the end of the 1st wave. Guessing how quickly these waves will move has been a challenge for me, as it seems the BTC is sluggish for 90% of the week and then decides to make up all the ground in a 30 minute time span! Hopefully you all got in on the trading action before Friday, or at least before this morning. My last idea mentioned that 6000 or below would be an excellent buying opportunity, and I was right. I added 20% to my position at 5915 last Thursday evening, the 28th. I'm up 12% on that buy already with lots of headroom to go. Let me know what you think of my EW counts. Longer term, I would expect a retractement of this impulse wave structure back to around the 6600 level before continuing in the uptrend channel. Have a Great Day!
BITFINEX:BTCUSDLong
by bluemt95
2
Bad Day for Cryptos-May 23rd!How does this fit in the long term?I'd say, bitcoin/other alts, are technically on extreme sale right now, which is about to end the beginning of June! (That is if bitcoin sustains a level above 7000) MACD on 4 hr has been winding on and on since the first time Bitcoin hit 6000. At any time it could become pressurized enough to make a move either way. Why does it have to hold above 7000? -Psychological support, possibly a 3rd failed rally to break 12000, might mean retesting and breaking 6000, also 7200/7400 is a fib. support zone of the previous 2 major uptrends. Breaking bellow 7000, would be the bearish scenario. What I do see next is a potential formation to wave 1(Bounce). This won't happen immediately, it would most likely happen after a couple of days of stability in which buyers will potentially wake up and see the opportunity. My assumption is that Wave 1 could go all the way up to 9000 before wave 2. This would be the bullish scenario. As always, like, share or comment any kind of suggestion or addition to the chart!
Long
by step_ahead_ofthemarket
Updated possible bullish mid term scenario on DashThe red line is Bitcoin, and the axis shows percentages. Scrolling through the chart, we can see that Dash reliably follows Bitcoin's price with one major exception: when we entered the big bear market in 2014, after the Mt.Gox pump, Dash had quite a big increase in price (around April - June 2014). We might be in a similar scenario right now: Bitcoin had an intense pump and might need a longer cool off period, now. If history repeats itself, this might be the chance for Dash to go up. Trend line, as shown, is touched multiple times (happened just recently) and overall uptrend in the higher time frames is still intact. If this scenario plays out, I suggest to #btfd and enjoy the ride.
POLONIEX:DASHUSDLong
by allyouracid
1