LTC is showing a glaringly obvious trend line in its daily RSI. Bitcoin is looking like it wants to retest recent highs as well and is in the process of breaking a series of lower highs. With LTCs halveninf having happened mid last year, if Bitcoin decides to take off here, LTC could be dragged into a rather large pump. No position here for me unfortunately as...
Today there is an article on TradingView in regards to Nokia and AT&T. AT&T has apparently chosen Ericsson to "modernize its U.S. telecoms network" instead of Nokia for a $14,000,000,000 contract. www.tradingview.com Nokia share prices have plummeted almost 16% in the past 3 trading days, today being -5%. For Nokia, that is a *gigantic* drop. It's also kinda ......
Doom and gloom everywhere. Spy and BTC both close to strong reversals in my opinion. A pattern has formed in Bitcoin where there is a large drop following the completion of a bear flag. This has now happened twice. This is the third bear flag Bitcoin has dropped from, but instead of having a large drop it has instead gone sideways? Bitcoin also formed a large...
AMC is now down 99% from its "meme" mania-fed all time high. Very recently another gigantic plunge of 30+%. Seems at the moment though that at least some buyers are stepping in. Blood is more than in the streets with this one, holy moly. I doubt I am the only one seeing the huge divergences in the RSI on all time frames. There is also a crystal clear trend...
I'm going to make this pencil PayPal disappear. PayPal is sitting at an over 6 year low. A blue chip stock, sitting at a 6 year low. It is also sitting on an RSI level that twice before caused *at least* a bounce, very near oversold. on the monthly. It is also respecting a glaringly obvious price channel. Also, if one were to draw fibs from the very...
The other day, I met a close friend of my roommate. He tried to shill me GameStop. After it has already gone up 18,700%. Nokia on the other hand? Mention it to anyone who knows anything about stocks and you'll get laughed at. He laughed at me. Even in Finland, apparently Nokia is known as the stock that will always let you down. Always. From this point...
Previous Close 4.4545 Open 4.4700 Bid 4.4480 x 0 Ask 4.4495 x 0 Day's Range 4.4410 - 4.4925 52 Week Range 4.1180 - 5.7690 Volume 3,407,332 Avg. Volume 10,904,368 Market Cap 25.032B Beta (5Y Monthly) 0.57 PE Ratio (TTM) 16.47 EPS (TTM) 0.2700 Earnings Date Jul 21, 2022 Forward Dividend & Yield 0.08 (1.80%) Ex-Dividend Date May 02, 2022 1y Target Est 57.72 No...
Nokia has been quiet for years - too quiet I suspect. You remember those old brick phones, the ones that were nearly indestructible, right? I have been watching Nokia off and on since March of last year, trying to find a decent entry point. This is an update to my original idea linked below. Due to Nokia's prior reputation, I have for nearly a year had a very...
BITCOIN! First update in quite some time. Usually when I produce and publish an idea on Bitcoin, there's a rather large movement. Will it happen again? Check out that weekly. Man, that suddenly turned quite ugly. Bitcoin just closed a daily candle underneath the 7 year "Magical line" for the first/second time since the epic bullrun of 2020: The recent bounce...
to save the day. CV is a hoax. but on some real stuff they've poisoned our water supply. i would know, i'm nuttier than a peanut allergy. this schnitzlefrats is so overly simple, it's actually hilarious. KINDA. well, actually, kindareally hilarious. papa trump is workin the economy to make people money. not just him. not his cronies. not your grandpa. you. and...
This and next week will be 9 months since the 'BANG' 'meme stocks' had a huge surge of 'retail' buying. Nokia will be releasing their next Earnings Report in 9 days on 10/28/21. The chart for Nokia is currently showing an interesting confluence coinciding with these events. I'd keep a very close eye on the stock options for this company. The implied volatility...
Falling wedge reversal pattern. Still not very experienced with Elliott Wave Theory, but I do believe there is a crystal clear 5-3-5 ABC pattern close to completing. Price is situated on very strong support spanning the past year and a half. MACD attempting to cross bull. RSI on weekly has broken slightly below 40 RSI which was historically very strong...
This is a setup I have been watching for quite some time now. If you blink at the wrong time, you'll quickly realize why. To me, ACB looks to be in a gigantic inverted head and shoulders pattern, with the right shoulder being close to completing. (Assuming the 5-3-5 pattern shown on my recent TLRY idea is correct, anyway.) The accumulation phase for the right...
TLDR: $250 call EX. 1/21/22 or going long Paypal shares @ ~$188, S/L $171.60. 3.6 Risk to reward ratio. Lately there has been a lot of chatter surrounding Paypal due to being extremely oversold on high time frames. I took a quick look and the very first thing that caught my eye was hidden bullish divergence in the high time frames. Just for fun I thought I'd come...
By drawing a trend based Fibonacci Extension from the June 22nd bottom to the swing high on June 29th then to the higher low on July 20th, BTC is potentially about to battle against a 3.618 extension located at $58,326. As the Bitstamp (FIAT) exchange neared the 0.786 retracement from ATH, a high volume 9% flash dump occurred directly down to the 0.618...