The AUD is quite weak at the moment off the back of the US election and interest decisions in both countries.
The AUD may drop a little further to the 0.60 mark although I expect to see it bounce back up to the 0.70 mark by the end of March.
NatGas breaking the 2.2 level is certainly the call for me to enter a long position. I believe this is well under as it wasn't that long ago we were floating around the 8 mark. Over the next two months I expect it to make a move towards the 8although I think it will stall around the 5 mark and consolidate for a short period while people take profits.. Before...
We can see a clear level of resistance that will open a long opportunity.
This level has remain quite consistent over the last 6 months and I see it continuing.
This Aussie company has its finger in many pies in the software world and it will continue to drive improvement in their capabilities which will directly impact their commercial performance.
Currently trading at US208 I feel this is undervalued. The current market performance across the board with inflation pressures and recession talk has this stock sitting well...
The end of Q2/H1 has heavily impacted the majority of stocks as we know. The announced takeover of Activision by Microsoft in my eyes has been put on hold due to the market downturn, pushing back into the second half of Q3 or even as late as mid Q4.
With the buyout suggest to be at US$95 i feel that the current price of US$78 is a good buy.
There is a lot of...
The daily chart is showing some excellent markers for a move of this pair to 0.67777
I expect it will take a few days and it wont straight line its way there.
At this stage I'm posting the majority of my trades to give people an understanding of how I trade and build some credibility.
I expect we will see this pair head down to the level of resistance 0.93026
Again it wont be a straight line down although Im confident we will see it in the next 7 days. The volume profile lends some backing to it.
I have been watching this pair for a while and on the daily chart i suggest we should see it come down to 0.835 from the double top that has appeared.
I understand its quite a decent way to travel and it wont be a straight line, im predicting it should get there within a week.. #EURGBP
On the 4hr chart this is consolidating over quite a few days. I am waiting on it to break through either of the resistance levels before making my trade.
Certainly worth keeping an eye on. I have alerts set to both levels and will continue to monitor. There is potential to scalp the levels whilst in this phase.
Natural gas really struggles at the 8 mark and gets pushed back with the resistance.. The only was is down, i suggest it will go down to 7.6 before consolidating.
Watch it drop over the next 48 hours.
With a solid business model and market stranglehold I see no other direction other than up.
Yes it was absolutely smash with the drop in 35% although the rebound is ready to fire.. Im long on Amazon and expect it to fully recover in the next two weeks..
Unfortunately for JP Morgan the trend is not good and I am yet to see anything to change my mind. I currently am shorting this stock with 12% of my portfolio.
The below are the losses across the period.
Last periods:
- 6 months down 18.95%
- 1 month down 2.85%
- 5 days down 2.85%
- 1 day down 0.78%
Last week there was the false correction with all Asian stock taking false jumps.. Most are working their way back down.
With earnings being released next week the downward trend on the 1hr chart will be evident.
Recent world conflicts have driven the supply down, coupled with the recent COVID lockdowns we will see a definite drop.
The was a false pump in the last couple of days across all asian stocks which would of hit a few people stop loss.. Definite strategy to blow out peoples shorts.
Unfortunately for NVIDIA it hasn't been a great 30 days with stock prices continuing to fall.
Issues with the release of the new card continue to be delayed or non existent. It has been a while since the last rumored launch date for RTX 3090 Ti has been shared. This model is NVIDIA’s upcoming enthusiast SKU featuring the full GA102 GPU silicon combined with...
