crab reversal scenariobullish crab harmonic:
X=$3.33
AB=0.61 XA
BC=$0.38 AB
1.6 BC=$1.2
2 BC=$1.84
2.24 BC=$2.4
2.6 BC=$3.66
3.6 BC=$11.14
1.6 XA=$55
bearish reversal crab harmonic:
Z=$11.14
3-4=0.61 Z-3
4-5=0.38 3-4
1.6 (Z-3)=1.6 4-3=$4
2 (4-3)=$2.1
2.24 (4-3)=$1.41
2.6 (4-3)=$0.75
3.6 (4-3)=$0.144
Media
STMX/USD StormX support and resistance levels Hello traders, this is my idea on STMX/USD support and resistance levels.
We have demand area, first area of support, HL trendline, confluent support area and first area of resistance.
As long as the price holds the support areas, we should see an attempt of turning first area of resistance intro a new area of support.
Thanks
Rank #166
Volume 24h: $59,029,343
BTC - Media AttentionHello traders, I thought to look at the macro charts from a different perspective today and that is how the media attention correlates with the growth of the market cycle. Focusing, on the last market cycle we can see a clear increase in the search term for BTC peaking at 100 around the time of the market top which we can recall. During the bear market there was a decrease in search frequency and also media attention. Upon a trend reversal and beginning this bull market we can see a clear increase in Bitcoin interest. Now, this is why I think we are not yet at the top of this cycle. As explained by the market cycle chart, a growth in media attention will lead to an eventual blow off top. We have seen this trend repeat for all previous cycles. The current value BTC stands with Google trend search is at 32. I expect in Q4 2021 or leading into 2022 we will see this value increase more and more before surpassing 2017 search frequency. When the BTC value surpasses 90 This market cycle it might be worth considering a market top could be close. Another thing to consider and which gives me confidence that this current state of the market is in a bear trap is because this is one whole accumulation stage and there is a lot of evidence that institutional money continues to accumulate BTC in this region. Retail will FOMO later and lead the second leg of this bull run.
VIACOM CBSViacomCBS Inc. is a media and entertainment company which creates premium content and experiences for audiences. The company's consumer brands portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, CBS All Access, Pluto TV and Simon & Schuster. It operates primarily in the U.S., Europe, Latin America and Asia. ViacomCBS Inc., formerly known as CBS Corporation, is based in New York, United States.
Analysis:
Viacom is a powerhouse when it comes to media infastructure. Networks amongst the likes of Paramount, BET, MTV, Nickelodeon, etc are popular and have been around for decades. I like this company's financials and feel that they have enough cash on hand to be able to use their money where they feel is needed regardless of market conditions. On the 30 min timeframe, price is currently at a strong. I want to see strong bullish candles trading above the 200 ema for a possible entry point. I mainly do debit spread. I think if the rules apply in the near future, this could be a nice opportunity for a gain!
* Not Adivce
*I only share ideas!
GROM Grom Social Enterprises Inc. Price Target Today i will share with you a private call and a potential target for the stock. The undervalued stock is GROM!
GROM has has a team of professionals with prior experience in animation giants like Disney and Nickelodeon. CEO is Brett Moyer.
GROM partnered with Dynamite Entertainment, a leading independent publisher of comic books and graphic novels.
I am also a comic book collector and i know some titles can turn into movies and grow their value. it`s the marvel, dc trend as well.
GROM acquired Curiosity Ink Media, a producer of original multiplatform family entertainment and announced that Curiosity and global production and distribution powerhouse Toon2Tango GmbH & Co. KG will develop Santa.com into an original animated musical holiday special. (prnewswire.com)
The Market Cap of GROM is only 33Mil, low float, 8mil shares out there. Where have you seen such a low float recently?
My price target is 10usd!
The synchrony no one expected Phoenix New Media Ltd.The algorithmic advisor Market Miracle reported last night the possibility of a LONG entry on the stock Phoenix New Media Limited listed to NASDAQ.
The Chinese company $FENG provides premium television content over a usable IP network then through the internet and digital devices.
It results from the analysis of some sites that I use as a reference absolutely below the fair value , which is positioned according to them around 22 usd.
The signal provided by Market Miracle provides the possibility of a LONG input at a price of 1.63 USD with a target of 1.78 USD or an increase of 9.5%.
In fact, analyzing the title on the chart this target seems to me decidedly reductive because from what I see on Miracle Viewer seems to want to experience a situation of perfect synchrony between the various players of the market that in the coming hours / days could be all with a LONG sentiment on the title, obviously if the typical cyclicity is respected.
If this happens we could have a positive surprise and see the price rise quickly beyond the barrier of 1.78 USD, in which case I expect a landing around 2 USD, if not the hope is that at least the target of 1.78 USD actually occurs
I decided to take a position also in the light of the fact that the last business reports have revealed a positive surprise of well 65% and the market sentiment negative that insists on the stock is in my opinion absolutely unjustified.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
Sector early indicator? Media sector, only occasionally.The Media sector, a Consumer Discretionary sub-sector - here represented by Disney (DIS, in purple) and Comcast (CMACSA, in blue), - only occasionally act as an early indicator against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... falling from peaks: prior to the end of May 2007, prolonged 5 months of weak underperforming prices in 2017, a month and a half of weak underperforming prices around Nov 2019.
DISCA Discovering it has a future and ready for MEDIA WARS 2021Discovery in its merger with Warner Brothers, ATT, and a bunch of other media giants at war for who will control Streaming in the future! This is like watching Pirahana Eat Each other while Small groups of fish, mammals, and other non aggressive beings are torn to pieces as the feeding frenzy and blood lust begins!
Either way this is a strong place to get in on this chart. Identifying the bottom several different ways.
With the skys the limit. There really is nothing stopping it ceiling wise for almost $30 Lets go Chum the waters for more cannibalistic fun!
by iCantw84it
05.26.2021
I know I know I didnt put the S in DISCA. SMH
Facebook, with such a market sentiment....My advisor Marketmiracle yesterday generated an entry signal on the Facebook stock at the price of 327.84 with target 341.67 and a potential profit of 4.22
Analyzing the chart I jumped to the eye a strong market Sentiment to rise, in fact the stock does not yet demonstrate a great purchasing power by large investors ( strength that is however increasing ) but there is a strong push from small medium-sized investors and a strong market sentiment.
According to some of my sources of reference the price of the Stock is under of its just value and a strong increase of the invoicing is previewed in the next months.
It would seem that Facebook can become a good travel companion throughout 2021, for the moment the premises are there and I will keep it in consideration for future trade, for the moment I am content with the small leap forward reported ...
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
NXST formed a perfect pennant pattern and is about to break outNASDAQ:NXST is posting impressive earnings and has formed a perfect pennant pattern. Long the break out, anticipated price action and target is shown on the chart, stop daily close below 134$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
M8G Media and Games Invest PLC - LONG Be prepared to buy the pullback for a potential
gain of 40% with the target set of the 1-1 Ext
at the top of the ascending channel .
This will be a long term investment
Know your invalidation and use a SL
This stock is trading on the OMX30 Stockholm stock exchange
Archegos Capital: The Death of a Beached WhaleWhat is a Whale, and Why is Archegos Capital One?
Archegos Capital is what's called a "whale," meaning it's a big enough hedge fund that it can drive prices higher all by itself. Since a lot of traders buy "momentum" stocks, whales can make money by manipulating prices higher and then selling to "dumb money" that buys momentum stocks without regard to fundamentals on the assumption that the stock's momentum is some kind of meaningful signal about the company's health.
Archegos seems to have been doing this for a while now, and it's been doing it largely with borrowed money. Archegos had about 500% more money in the market than it actually has in assets. (We call this 5x leverage.) This money was concentrated in just a few highly overvalued media and Chinese stocks-- ViacomCBS, Discovery Media, Baidu, Tencent, VIPshop, GSX, Farfetch, IQIYI, FUTU, and UP Fintech.
What is a Margin Call? How Archegos Got Beached
Lately, the winds have been shifting and traders have been abandoning overheated "momentum" stocks in favor of defensive value plays. Archegos has been feeling the pain. Then ViacomCBS-- one of Archegos's largest holdings-- announced that it would issue a bunch of new shares. This caused the stock price to drop. The sudden sharp reduction in Archegos's value put it over its borrowing limit and caused its lenders issue a "margin call," demanding that it sell shares to cover its debts.
Because Archegos's holdings were so concentrated, its selling triggered a chain reaction. The prices of its main holdings plummeted, causing more margin calls and more forced selling. As a result, Archegos Capital has lost some $33bn in the last 3-4 trading days. The unwind has been spectacular to watch. Its main holdings are down 15-50%. (Archegos also apparently had short positions in the S&P 500, which is why the S&P shot higher as the fund unwound those positions in the last hour of trading Friday.) Rumor has it that Archegos may still have some $20bn of positions left to unwind this week, including a couple billion in ViacomCBS.
Archegos CEO Bill Hwang is an evangelical Christian (trustee of Fuller Theological Seminary, among other things) who publicly attributes his investing success to his faith. He also pleaded guilty in 2012 to charges of insider trading. He reminds me a lot of ARK Invest CEO Cathie Wood, another whale fund leader who talks a lot about faith. I hope Cathie's investors are taking notes.
Along with the GameStop fiasco, this is the sort of activity you see at major market turning points. What has worked for years suddenly stops working. The tide goes out, leaving bad bets and price manipulation schemes exposed on the beach.
As the Momentum Tide Goes Out, Beware Leverage and Concentration Risk
The Archegos story dramatically illustrates two different points.
First, the market is losing faith in "momentum" as a technical signal, at least until prices correct quite a bit.
And second, leverage and concentration pose a significant market risk. Market crashes require forced selling, and forced selling requires leverage. Overall margin debt is now at an all-time high of $813 billion, according to FINRA data. That's up from $479 billion this time last year. That means that risk is high, and we could see more interesting margin call events if hedge funds fail to learn their lesson from this.
VIAC Potential Long-Term ShortVIAC (ViacomCBS, Inc.) appears to have a repeating pattern: Multiple times upon reaching it's all time high,
it has fallen back below the 61.8% fibonacci (Golden Pocket) level on the rising fibonacci channel.
Even more strange, it has done so within 212 days twice already.
A potential long-term short opportunity presents itself from the March/April 2021 time frame forward.
I currently have no position in VIAC, so this is just my unbiased opinion based on past performance.
Discovery - Short Both technical analysis, analyst estimates and fundamental analysis suggest that Discovery could be a strong sell. Within my analysis, there are several price targets with the lowest target being quite optimistic.