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BTCUSD Overview : Levels to add LongPersonally, I -and any member of our team- do not believe the coins. At least, "not in this decade".
However, we are getting questions from our members.
I will try to look at the short-term picture in the "most" simple way.
Too many words do not mean too much wisdom.
Last week, we have published an idea based on Bullish Flag and trade reached the target.
In the Daily Chart; we see a Bullish I SHS pattern.
As seen in the H4 Chart, the price reached the short-term supply zone.
Breakout and closing above 8.300 will confirm 9.200-9400. The breakout can be used as a fresh buying opportunity.
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
Christmas In JulyI have been hoping the market would have a sharp selloff so we could get a "Christmas gift" buy opportunity in my favorite takeover candidate, NTNX. There is a gap on the chart below 21 & I felt there was a good chance it would get filled if the market was weak. I believe this morning you will get the chance to BUY NTNX at the last great entry point before it takes off towards 30 and maybe 50 if a bidding war breaks out later this year. Put in limit BUY orders@21 Before the market opens. If it gaps down you might get lucky and pick it up lower than 21. BUY.
Don't Fall For The HOOK!Tomorrow, the chart of gold, will look like it is completing a head & shoulders top, and I will be suprised if we don't see commentators and articles to that effect saying so. Ignore them, it is just a hook to try and shake you out of this brand new bull market in gold and silver. While I do believe there could be a pullback from the great rally we have had since I called the bull market for gold and silver at the start of this month, it is only just the beginning. Use any pullback to buy aggressively. Remember, this is just the beginning of the "greatest bull market in financial history"!PS: If CEF gets back down and fills the gap @12 put all your safe bank account money into CEF.
Gamechanger - IBM - The Future Of TechIBM continues to announce new products, services, platforms and partnerships. These will drive the future of tech. The old legacy businesses that have led to 10 straight(probably eleven after tomorrow's release) quarters of declining revenue are yesterday's news. IBM will be the best 3-5 year performer in the dow jones 30 stocks, I look for a double to 300 within 5 years. Back up the truck, today, before the earnings come out after tomorrow's close. I expect the stock to explode higher to 170 in the very near term. If you buy today, and worse case scenario, I am wrong and the earnings cause a short term drop, buy more because it is just the final wash-out before the upside explosion. More likely, the sharp drop last quarter after the earnings report was the bottom. The 3 month chart action since then, strongly suggests a major base and sharp upside coming soon. BUY aggressively!
Charts of the week $Nifty; $BankNiftyCharts of the week. Stocks discussed here are
#MARICO #ULTRACEMCO #MPHASIS #SRF #LTTS #GODREJCP #ACC #SUNPHARMA #TCS
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Charts of the Day: Nifty BankNifty and other Stocks AnalysisCharts of the Day: Analysis of Nifty and BankNifty and other stocks like #Reliance, #Escorts, #CumminsInd, #IRCTC, #Coforge, #HDFCLIFE, #MUTHOOTFIN and Bajaj_Auto.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Chart Victory: Bulls Charge as Heikin Ashi Signals Potential TK Chart Victory: Bulls Charge as Heikin Ashi Signals Potential TK Cross - A Win Like Mo Salah's Championship Goal!
Despite a positive outlook being challenged by the Kumo at 3.77, PHDC is on the verge of a bullish TK cross. Buyers showed tremendous interest at 3.73, evidenced by enormous volume in the last 15 minutes before the auction, which culminated in a supersonic finish. It's reminiscent of Hakeem Olajuwon and Michael Jordan slam dunking in the NBA championship. HOOOOORRRAy!