NVIDIA (NVDA) - EARNINGS are reported TODAY after market close - Expected Earnings 0.924 EPS (prior 0.88) - Expected Revenue $6.532 bln (prior $6.051 bln) - We are oversold on the weekly but could hit the Cup & Handle ceiling before turning over. - P/E ratio up from 57 in Oct 2022 to 175 in May 2023... - Price is 182% up from the Sept 2022...
Google MACD Cross Historic Performance July 2009 – 6 months – 48% Sept 2010 – 5 months – 43% Nov 2011 – 2 months – 19% Jul 2012 – 3 months – 37% Sept 2015 – 5 months - 31% Mar 2017 – 3 months – 21% Oct 2019 – 4 months – 25% Apr 2020 – 5 months – 59% Min return = c.19% over 3 months (least risky) Max return = c.50% over 5 months Average Overall = c.35% over 5...
Halving History Performance A zoomed in view of yesterdays chart. The chart below illustrates the two prior halving cycles fractals 1 year pre & post the halving date. Whilst past performance is no guarantee of future returns, the chart can help us frame the 24 month period ahead of us and give an idea of reasonable price expectations. Reasonable Price...
Rio Tinto – Mining Market Cap: €1.35 bln Price: $61.74 6 Month Dividend: $2.24 (c.3.2%) – March 2023 Quote Dividends recently cut significantly from $4.79 in March 22 (c.5.7%) to $2.24 April 2023 (c.3.2%). Chart - Whilst the long term trend is up with higher lows on the large pennant since 1990, we have not made a higher high since May 2008 and this is a...
BTC - Potential Ascending Triangle - A head and shoulders is playing out and should not be ignored - In the chart you'll find clusters of resistance which define the resistance lines & zone - These align with the potential triangle trajectory resistance
Hi Guys, Very simple chart Get a position and hold. If we fall below the lower boundary of the ascending triangle your get out of the trade. This is another good risk to reward trade. MATIC/USD chart will be shared later today, this is also leaning bullish. MATIC is one of thee very few altcoins that have kept up with BTC in terms of value. PUKA
Platinum Futures At present Precious Metals all seem to have the wind at their back on longer timeframes. - A H&S pattern with a potential breakout within a - Cup&handle with a potential breakout within a - A long term pennant with a potential breakout. RSI Indications - You can see how the green/red circles and resistance lines provided great entries and...
Welcome to Cup and Handle Town The chart speaks for itself. It is absolutely fascinating Target prices are marked on the axis. All narratives is these days from the evolving Bank Crisis, the Great Reset, CBDC's and fiat inflation erosion.... could we see the large cup and handle play out. I say why not.... but we would be waiting a while thats for sure.
A chart can help frame your mindset for whats to come and I hope this chart and outline below helps you frame and prepare yourself to the 9 bull quarters remaining (over 2 years of waiting ahead or 27 months). I used the Heikin Ashi candles as visually I found them better at inflection points for determining the trend change from bear to bull (5th to 6th...
The chart speaks for itself. With some luck we could break above the top of cup resistance line and find support on it between here and 2024/25. That is a good move, but id love to be sitting in profit then with the option of riding the longer trend.
OKB / BTC (Part 2) Part 1 is OKB / USD. I continue my search for coins/tokens that outpace BTC. - Broken out of parallel channel & retest. - Bounce off 200 week could present buying opportunity. Fundamentals interesting - Top 25 Token by Market Cap. - OKX is a Malta-based crypto exchange OKX (Europe) - The OKX platform is the de facto European counterpart...
Chart Part 1 (OKB / USD) Chart Part 2 (OKB / BTC) follow up chart on my profile here. I continue my search for coins/tokens that outpace BTC. BTC / USD - Broken out of parallel channel & retest. - Long term trade 12 - 24 months to see upper targets hit. Some very interesting fundamentals occurring as you may not be as familiar with this...
IExec RLC/BTC I spent yesterday evening looking for tokens/coins that have outperformed or kept on par with their BTC valuations. The obvious ones are MATIC and ETH but I'm looking for other smaller hidden opportunities in the charts. I cam upon RLC, and it might be worth keeping an eye on this. Neutral for now but its coiling. - Forming Pennant - High...
The Trend in the VIX It appears the VIX is bouncing off its lower diagonal support. Historically the VIX does move in diagonals trends, even prior to this one. This chart is self explanatory from a trading perspective. - Double bounces off diagonal support have been good long entries. - Within 1 - 4 weeks of the double bounces there has been large increases...
BTC Dominance Resistance The over extended RSI combined with the parallel channel resistance suggest BTC dominance would likely turn to the downside as it has done in the past. I estimated the downturn to be 7 - 12% at least but its done more damage in the past declines. I also think there is a possibility that BTC dominance could surge with a BTC price surge...