Bullish on ARK so long as and I expect that the price can stay above the bottom ascending sloping trend line. Then breaks to upside out of some form of consolidation shown as for example a triangle pattern. The market has miss priced her fund - I do not own any and no biased love listening to her updates and its really tough being in innovation and waiting for...
Bullish case, price sitting over 200 EMA and broken out of the wedge it was in If the reported shortages in the supply are true as demand is higher than current worldwide production then its positive for the price Price does not need to stop it could go back to ATH and over if supply cannot meet demand for over 200% gains which might be a short squeeze and get...
Bullish case, price sitting over 200 EMA and broken out of the wedge it was in
Silver has confirmed a breakout, last week on high volume Silver was not knocked back on Friday night close and allowed to run first time for ages The shape of the chart approaching $50 last time was like a banana this time it looks to be on a better gradient which means its more chance to break though. Good luck. Buy the silver miners as they move up more...
The target of the head and shoulders top takes the price down to the long term trend line which will act as a key level of resistance. Some 19% fall from today prices Breakdown of the 200 EMA will cause the price to drop to the next key level of support and this is about 18-19% lower
BP and Shell move together and BP has already lead the way lower If Shell moves back to relative parity there is a 25% poss move Shell moves back to EMA 200 Shell moves back to 0.618 fib retracement of prior move This could be start of much larger move lower Most MSM are claiming inflation trade that oil will move higher but TA price chart shows breaking...
As Oil is weak bearish case for Shell to sell back to its 200 EMA and then just fake out below this level to reach the 61.8 Fib retracement of the recent move up Shell looks like it just broke is support trendline Other points Oil has broken out of a wedge and appears to be moving lower BP and Shell move together and BP has made ATH at round number 500 and...
Please see chart notes I am wrong if we get a blow off top back up and over the top of channel but if it falls back then this long term chart works. Its tough to get out at the top unless you are hedged now Market crashes typically come in late aug / Sep / Oct so just be careful out there We have not dropped back recently to test the Weekly 200 EMA for a...
Possibility - the money that expanded on the BoJ central bank loans to international indicates the same periods of increase as shown on the chart so it looks like either the profits of the carry trade were put off shore. Or some of the money found its way here. Some will be returned as this carry trade unwinds BoJ shows 3-4 T of money in loans overall - it also...
Optimism is at ATH Nasdaq is lead by 7 or so main stocks There has not been a major bear since 2007/8 and even then the market pulled back to historic overvaluation if you look at total data in the past 100 years Mutual fund mngrs cash reserve was at 2% historically low value suggesting a market top The upper trend line CAGL – capping ascending grind line was...
Bearish case for BTCUSD Implies BTC longer term will go lower or at least its weak until the CForce picks up. Other charts like XRP and SOLUSD are going higher with CForce but if BTC drags them down we could all be bearish soon. ETH is very weak for Cforce on longer chart
Bearish case for BTCUSD Implies BTC longer term will go lower or at least its weak until the CForce picks up. Other charts like XRP and SOLUSD are going higher with CForce but if BTC drags them down we could all be bearish soon. ETH is very weak for Cforce on longer chart
Bearish case - Island top reversal made today suggests further selling unless the gap can be closed Expect the price to move back to the 200EMA which is 5% away If it does not stop there it could be a small trend change as it happened on NFP non farm payrolls day Not advice only for educational purposes
Bullish case - Long term chart shows tri pattern and if the target is met it takes 3600% to get there This relies and helps predict that the Gold price will over time move up much higher and the gold miners stocks like this one will go up not advice just educational purposes
Bullish case - watch for direction and trade Bearish case - watch for break of trend line
Bullish case if oil price holds up or steady then this stock should perform to the lower target 30% seems sensible Loads of other oil stocks moving up Marathon looks v nice Not advice just for education purposes
Bullish case, JPY will strengthen as USD weakens as US markets look bit toppy and have had a good run. Look for JPY stocks to move upwards focus on triangles and win on exchange rates too Buy JPY vs other currencies here dollar example as you could have multi year turning point at key level of support. As in 2008-10 a recession for the rest of the world the...
Bullish case, 100% gain back up to ATH and IH&S target Still forming so may not play out but nice to be early price over 200EMA New $20 tariff for unlimited data so better than their competition but its another 100% up in crypto when the cycle is right in crypto Not advice, just for educational purposes