Some technical analysis supports the long position predicted. + Monday we should have Black Friday data, that if good could work as a very good catalyst in help with the chart for a very nice long position.
The support and resistance levels in the chart support this idea, also BBY should benefit from the sales and could trade with other Black Friday Stocks.
Amazon is the #1 Black Friday stock even back in 2019. The lockdowns, virus makes people shop online even more. News are Amazon hired almost 500,000 new workers giving them extra pay just too keep up with the holiday season demand. With all this they are at their full capacity. Black Friday data should hit around monday, That would be a very solid catalyst. I...
TSLA is the most discussed Stock of the year. Its valuation is out of every measure there is. Its overvalued. And yes people are very protective of this, especially with Tesla. But its the truth. I don't think it will crash, but in the future, not specifically at S&P 500 index inclusion, the money will shift. So far TSLA doesn't have any proper competitors...
BTC is very near the top moving average (red line). May be a similar correction we seen in January. Nothing new. Same patterns as 2017. Still longer term goal is $100,000 or €82,520 as a top range of a long term logarithmic resistance level. When BTC is near $100,000 it should have had broken above the (red) top moving average in a very sharp move upwards. This...
I think, that the current market condition is nothing new and has happened numerous times before. There are hardly any fundamentals to look at in BTC other than # of unique wallets, businesses that use them, hashrate, transaction volume, brand loyalty, story and the trust that comes from it. But most of it lags compared to the price action, and the price action...
The prediction to $1 USD. The red label at the top shows USD $1, because the chart is in EUR. Most people see and look at USD charts, so they will trade on that. The prediction is based on previous bull run, with a range. Sorry it's messy, but I tried to put in more info. Price action won't be identical, and if you trade watch out. Only noticed that the overlaid...
BNTX is moving with the great Moderna ( MRNA ) news. The hype should go down after time, and present a buy opportunity, for the BNTX, PFE FDA approval hype around 8th to mid. December.
PFE will do great long term, just the way it will go in the shorter term is a question. #2 kinda seems more likely if PFE gets proper FDA approval and no hiccups. #1 is for the hiccups and if other vaccines do better.
There's no guarantee in anything. But I think something similar to this is very likely. The price might not go down, so don't sell it, cause you might miss a big upside. Just keep holding. Traders, do your own thinking. I'm here trying to make some predictions on very simple resistance and support levels. My idea is to keep it simple. Might do more of these not...