MannyLo

MannyLo Updated 

We have a wedge pattern forming on the BYND 4hr chart as we get closer and closer to the earnings date on the 27th after the market closes. Price could really break out either way. Last quarter it earnings surpassed Wall Street's estimates by posting a profit of $0.06 per share on revenue of $92 million vs the expected $0.03 on revenue of $82.2 million. Stay...

MannyLo

Like the title says, this is just a recession watch. We're currently not in a recession, nor are we predicting one. We're simply watching how the S&P has reacted during the last 2 most recent crashes (2001 and 2008). According to the charts we're still in a bull run even if the market drops another 13%. This may actually be a great time to grab some stocks at a...

MannyLo Updated 

Since Dec 2018, we have seen Apple go on a 130+% run. Absolutely spectacular. Share buybacks, dividends, growth...an absolute homerun of a stock. So where are we going from here. Technical Analysis: 1. On the weekly chart, Appl RSI is in overbought range and we're seeing a slight turn on the MACD, so some sellers are taking profits (more of this below). 2. We...

MannyLo

Huge gap filled on the short in the daily Disney chart. Price is currently hovering just above the Weekly 200MA support. We're looking to see if these levels hold to see the stocks next move. Stock is now down around -23% since it's ATH in late 2019. RSI is showing oversold in the daily and we're not entering oversold on the weekly charts as well. If levels...

MannyLo Updated 

If you haven't checked in on our last XRP posts please check them out so you can see how we've been following and putting in work with XRP. Not going much into detail in this one, just showing a quick set up. XRP has finally gotten into our accumulation box, we'll be stacking here for a nice move up with a tight stop loss just under the accumulation box in our...

MannyLo Updated 

We are approximately 76 days away from the Bitcoin Halving, If you have checked out our last analysis, they've been right on the money. Right now we would love a $9200-$8800 buy range to accumulate BTC. Straight to the point: Total Bitcoins in circulation: 18,236,863 Total Bitcoins to ever be produced: 21,000,000 Percentage of total...

MannyLo

Quick update on ETHUSD on the daily charts. Check out our previous charts to stay in the loop on how we have been playing this run on ETHUSD. We also have some more fundamental analysis and news on the previous posts. At the moment, we're seeing a symmetrical triangle pattern building in ETHUSD. Typically symmetrical triangle patterns are continuation patterns,...

MannyLo

Been watching NEO very closely as we believe it has a lot of room to run. It's up 63% since it bounce off the 200ma on the daily chart and it just got a golden cross. We're going to keep this position open until we see any bearish signs. Shoot us a like and give us a follow as we come back with more updates. Cheers! Disclaimer: I do not provide personal...

MannyLo

The bulls have gotten the Golden cross on the 4hr BYDN stock chart and we also saw a dip and a bounce right on the 50ma where we were hoping to find support. We're staying long at the moment with BYND especially until earnings date about 9 days away. Say Tuned! Shoot us a like and give us a follow as we come back with more updates. Cheers! Disclaimer: I do not...

MannyLo Updated 

Wow wow wow ETHUSD! If you haven't been paying attention to the crypto universe, you may want to see what you're missing out. Crypto is gaining strength again and that sense of euphoria is beginning to kick in. ETHUSD alone is at over a +136% gain since December levels from just a few months ago. BTCUSD and other alts have also seen impressive runs and gaining...

MannyLo

Lets hop right in. If you haven't checked in on our last XRP posts (suggest you do) here's a quick recap. We were not going to buy into the bull run until XRP had done the following: We wouldn't begin to look at XRP as bullish until: 1. A break above the top of downtrend channel that has been bearish since April 2018 -- Success 2. Price goes above that POC of...

MannyLo Updated 

Hi guys, if you haven't checked out our last XRP analysis I suggest you do as it has played out perfectly so far. If you haven't checked out, a quick recap: 1. XRP is not a in bull run yet, actually still in a bearish downtrend since April 2018 2. Every time since July 2019 that XRP has tried to break the 200MA, it has failed and dropped (it just hit it this...

MannyLo

If you own any Tesla stock you're on cloud 9 right now. What an absolute rocket ship. We bought Tesla back at $172 and just sold today with a gorgeous return. It's still possible for the stock to keep climbing, but we just felt it was the right time to take profits and look for a better bargain. The stock is absolutely parabolic right now and we would be...

MannyLo

Checking on to see how BYND Meat is shaping up since the last breakout early January. BYND has taken a breather after hitting a double top at the $135 levels. The bulls are waiting to see if they find support at around the 50MA on the 4hr chart. Note: We almost have a golden cross on the 4hr chart and we have earnings coming up this month. We'll be keeping a...

MannyLo Updated 

Always come across the Ripple Die Hards on CT and see the outlandish calls for XRP. Wanted to take a look at it on the TA side and some of the fundamentals while we're at it. I am not an XRP Bear per se, but have also see what a real Bull Run looks like, and right now we're not in it yet. Bearish Case On the Technical Analysis side: 1. Since November 23 2018,...

MannyLo

The Corona Virus fears have had a impacted some stocks. We've seen INO and other biotechs sky rocket as other stocks have taken a hit. Alibaba has taken about a 13% dip in the past couple of weeks and we have been looking for a solid entry point as fears begin to wane. Hit that like button and give us a follow as we keep updating. Cheers! Disclaimer: I do not...

MannyLo

Checking back in on Ethereum. If you check out our previous post for Ethereum ETHUSD, we had a lot of activity affecting the ETH price levels: We had hacked funds bouncing around from wallet to wallet, Co-founders dumping ETH, & Vitalik hurrying to launch ETH 2.0. At the time of the last post, we had ETH still stuck in our large downtrend channel and the bears...

MannyLo

What's up Crypto Fam! We are approximately 104 days away from the Bitcoin Halving and BTC is looking ripe. If you checked out our last analysis it was right on the money. Taking a look at our linear scale on the BTCUSD daily chart, BTC broke out of our downtrend channel with some solid volume and broke through the 200 MA with no problem at all. We came into...