We started this week off with a massive gap higher from WTI crude, but where is the follow through? The jump from Friday to Monday makes sense on the OPEC production cut news, but the EIA reporting US strategic petroleum reserves (SPR) hit their lowest levels since the week of Nov 25, 1983 barely offers a hiccup of demand-backed bullish interest. It could be...
The first thing I want to say is. If this trades breaks out Expect it to Break out heavy. Buyers are rising at the lower price and rejections have shown the seller aren't able to push it lower.
Hello! Today, let's review one of the ✴️cryptocurrency projects✴️ which is the talk of the town these days, the Aptos Project. Today's project name is 💮 Aptos Project, shown as APT token💮. As I have said before, I evaluate crypto projects based on various factors .👇 I have already introduced each of these factors with a brief explanation, so today, I will...
I have been following bitcoin for the past 3 months trying to catch the bottom and top of this rally, It's not an easy task so I urge you to take my word as an Easter gift because #BTC just broke the line resistance line above 28K. #EasterBullRun #EasterBullish As usual, We all know it's not possible to catch the top or bottom of any market but 80-90% accuracy is...
Fighting innovation is a fool’s errand. Getting entangled in hype is no less. Generative AI is drawing attention. ChatGPT skyrocketed in popularity since launch last November. With its intuitive responses, it has become the fastest-growing app in history reaching one million users in five days and 100 million in two months. In contrast, Google took 12 months and...
After yesterday's rally and closing positive, gold has so far emerged from a bottoming and rebounding market today, reaching a minimum of 1958.75. It is currently trading near the 1966 position. Judging from today's short cycle, gold prices have not achieved a breakthrough and have been under pressure. In the falling market, gold did not fall to the 1930 area...
Just an idea where equity might be heading with all the turmoil with banks. I think the FED will bail them out and eventually the 3 next meeting won't have any rates rise, cuts if banks and markets bleed, but overall we might not see the bottom, yet. Let's see equity raise with BTC and usd possibly back on it's downtrend.
NSE:DRREDDY This stock is fundamentally at ALL TIME HIGH but its PE at the lower band...... stock taking support of the major trendline (RED) if it breaks 4615 level in WEEKLY TIMEFRAME with strong volume, then it can show a massive rally. this is all for educational purpose, not a stock recommendation for trading. invest at your own risk.
There may not be a shortcut to success, but there must be a way.Give up what should be given up, grasp what can be grasped; only insist on investing in your own investment standards. Yesterday's short crude oil orders reaped very good profits, and the current crude oil is creating favorable trading opportunities for us. At present, the U.S. Secretary of Energy...
GBP has been on a strong run and CHF now is at its point to continue the uptrend to the top zone, and showing rejections on the zone. Pulling back. Perhaps this leaves an opportunity for buyers to get in with the Pound trend and possibly follow it to the top of the support.
New Day Team NASDAQ:MARA Let's congratulate the new Pine Wizards Tradingview in 2023. They have many great tools to enhance your trading and maximize every opportunity. Let me share the link with you: www.tradingview.com We now have 3 buy signals on the daily chart. And I think we are a critical test against the 200-EMA that I haven't seen since July 2022,...
Morning Team NASDAQ:MARA It is another sunny day in Zagreb. Let's take a look at the price action in the 4-hour chart because as long as prices trade above the 200EMA, you can count on a push higher in the next 4 weeks. Trade smart and Trade to Win...! All Together; Por la Victoria J.R. Jaén Risk Disclaimer: 1️⃣Past Performance is not indicative of any...
When Chips are down; invest if you can and hedge if you must. Having soared in 2020 & 2021, semiconductor shares tanked brutally as tremors from geopolitics, sinking consumer confidence and bloated inventory struck. Q4 overhang is dragging the industry down in the near term, which might have set a bearish outlook in the short-term, but times are changing....
As I am both a longer term and shorter term investor and trader the notion of the best way to estimate if a stock is undervalued or over valued interests me. There seem to me a number of ways to go about doing this but I was interested to see if I could combine two traditional metrics that people look at into one measure and see if that told me anything...
AAPL Q1 earnings are today, 2/2 at 4:30pm. Apple (AAPL) reported Q4 September 2022 earnings of $1.29 per share on revenue of $90.15 billion. The consensus earnings estimate was $1.26 per share on revenue of $90 billion. Revenue grew 8.1% on a year-over-year basis. The company said during its conference call it expects first quarter revenue to be less than $134...
I have bought $PLS and he did 2x from 16 March (When Arbitrum release $ARB token)
Trade worked well. Take profit hit and money earnt through patience, tenacity and courage. Roll on
During the weekend I done some research and found out that New Zealand's economy is it an all time low and predicted to worsen. Trade looks healthy.