Next week will be very interesting with reagrds to the market. Wednesday the FED shall decide how big the upcoming rate hike will be. 50 basispoints, 75 basispoints or 100 basispoints are on the table. 100 basispoints seems very possible due to the accelerating Core #CPI rate. This might lead to a disastrous outcome. That's why I'm staying short! Other...
Ridiculous overvalued stock trading at a PE of 60. Last month EURONEXT:ASML also traded at a PE of 60. Since then it has come significantly down. Put IMCD on your watch list. Tomorrow I will be buying some puts on this stock!
RSI indicates it as overbought. FED is going to start tapering soon. As result big tech growth stocks are going to get slammed.
This is an overview of some gaps that have been created throughout the last two years. Every time when a gap is created the price of bitcoin tends to fill the gap in the short/mid term. It can either be upwards or downwards price movement. Keep in mind that this gap has yet to be filled on the 34K-36K level. Remember the price of bitcoin will follow the...
Easy money can be made here. A bearish divergence is seen on the RSI, the price is still climbing whilst the RSI is in a downtrend. This is a bearish indicator. In other words the bullish momentum is looking weak. Expect a pullback to at least 240 USD. Today's price action was just the start of the event. bbpetersen,
The recent top is perfectly aligned with the pre-corona top and the corona bottom by use of the Fibonacci sequence. Is this coincidence? I don't think so. From my standpoint the stock market has just started a correction. This is just only the beginning. We could see the market easily correct for some time, perhaps 2 months. In my opinion stagnation will soon...
Good evening from Croatia, Let's have a look at some of my favorite stocks which I am keen on. I use this index quite often to find out whether these hyper growth stocks are going to perform well. It looks like a double-bottom pattern is forming into the mid term. We have to find out if this double-bottom will hold the support or break through it. This might look...
I love this company on a technical and fundamental point of view. 1. It's one of the companies that delivers acceleration to a waste-free green economy by producing harmless plastic. 2. They are building a big plant in Delfzijl opening up in 2023. 2. It leans on strong support on a technical standpoint by looking at the chart.
Upcoming wednesday there is FOMC meeting and the FED wil maybe move interest rates higher. This could be a catalyst to give some downside to the market!
Looking weak, it can’t overcome critical resistance 25 USD!!!
Watch out for salesforce next week. It is a strong buy!!
BTC resistance becomes support. We could see higher price levels maybe the coming hours lets wait for it.....
Hi Friends, Welcome to this analysis on tellor. Tellor is a permissionless community of token holders, data providers, and validators. It is often compared with chainlink because it is a decentralized oracle on ethereum. The tellor token looks very bullish and even more bullish if you consider that the limited supply consists of 1.6 million tokens. Tellor against...
Ethereum has retraced today 11.2% from it's 610 USD high as we speak. This could be an opportunity to re-accumulate Ethereum or to start investing in Ethereum if you don't have a position. Ethereum has bumped on the 0.236 fib level and is reaching the 20-day moving average. Eth: 0x008067DF52430cB8c4Ad37311e0e71Df0743eF55