ENDP - Potential Long SetupWe are tracking the close today for ENDP. If this stock has a strong close today with a daily RSI breakout, we may see a good 30-40% Retracement.
Few items we are tracking:
Daily RSI breakout at close
GAP to be filled withing next few weeks, or sooner. (Price targets included
30% - 40% Retracement
Let us know what you thing. Good luck all.
Value
LPI: WATCH FOR BIG WEDGE BREAK OUTLPI (Laredo Petroleum Inc), an independent energy company (oil and gas).
Huge consolidation within a big wedge . Weekly chart with price above Ichimoku cloud , which means the trend is positive. A break of 90 could be the signal of a strong uptrend , with a 1st resistance at 100.
The move could target anywhere between 146 and 208.
Analysts target: 124
Trade safe.
BTC Short correcting myself using Vix cheat sheetHi
In this published idea I'd like to show you the correction to my previous update that said long Bitcoin.
With this update you can see a much better picture of the Vix cheat sheet custom script indicator. You can use this by going to the custom script indicator then clicking Vix cheat sheet.
As you can see it says for the next weekly candle we could experience another 1% loss.
It says that we could experience another 19% loss overall going through 5 more weekly candles.
However it also shows going through 10 more weekly candles we could experience a 45% gain.
I was hoping for a wick to the upside which we did experience today but I was hoping it would be better than it was.
You see the other night I switched my busd for BNB. At the price of 324.44 per BNB. At the time I was heavily impressed by some Bitcoin maximalists who would always say to buy during the fearful period. I made quite a big move into BNB and with the small video wick to the upside today with Bitcoin the price of BNB did go back up to 315. I believe I should of sold my BNB at a loss today but I had just gone for an infusion at the hospital for my Crohn's disease and I missed the chance to sell at a loss.
Now BNB is back down to 300 and I am in fear because I do believe this fixed cheat sheet indicator is very good and it does tell we are in store for a 20% drop in bitcoin price. That would mean BNB would drop to $280 or worse and frankly that scares me because I don't have time to wait for 10 more weekly candles to get out of my position in BNB.
The reason I made that trade from busd into BNB is because I was hoping for a quick gain that I could sell to have more profit to buy into Rex the new price appreciation plus high APY staking token launching soon on Binance Smart chain. It's been in development for over a year. They are doing a lot of security tests and audits so that they won't be susceptible to flash loan attacks or mev bots or worse.
I had made some good gains over the past six months by playing with tokens through pancakeswap. I turned 8k into 30k. For me that was very good for the financial health of my family's savings. However I did make the wrong choice by changing busd for BNB and unfortunately now I do not know when to exit and take a loss or wait for things to get better.
I hope over time we would see another small wick or hopefully a larger wick to the upside with Bitcoin. Maybe another upside to 30,500 or higher before going down to 26,000. I would be able to sell the BNB into a stable coin again and NEVER make a mistake with big money again.
Frankly I am tired of playing with cryptocurrency. Two years ago I was not looking at charts daily and wasnt so concerned with cryptocurrency. Things were good with Hex coin at the time. I was staying humble and feeling blessed. Thinking I would sell the Hex for good money. Unfortunately I was locked into a stake where I couldn't sell because it wasn't over the sixth month halfway point and I would actually lose the whole thing so there was no way to take it out. I had $850,000 in Hex and I was feeling blessed and happy.
Over the years I'd like to say that I am still a fan of cryptocurrency however I definitely know more about how financial markets work and I would love to join trading in the stock market. I am only good at researching and analysling markets at less volatile times. I should have stayed away in this impending bear market and I got over compulsive and made that play into BNB.
Well here's hoping for the best. And best wishes to all. Bless you and stay positive. Things will be ok.
I've always been a fan of making money on the internet. I would really love to just stay away from cryptocurrency all together and focus my attention on making money on the internet again. I always had a knack for finding ways to make money on the internet. Whether it be affiliate marketing or e-commerce.
However in the last 5 to 8 years for me I couldn't get that stranglehold on entrepreneurial money that I once had. Unfortunately in my younger days as I tried to save the money I again got over compulsive and went into some bad trades losing millions of dollars.
I just wish I could find good ways to make money on the internet again. I love researching and analyzing new strategies.i just wish they would work. In the meantime I'll be looking for a career where I can be a productive member of society.
I yearn for the opportunity to feel productive again and to feel accomplished. I lack that so bad in my life. From now on I will be focusing all of my attention on internet affiliate marketing and entrepreneurial ways to make money aside from cryptocurrency.
However I will be looking at ways to become a developer of software or defi. I'm not the type of person who would want to make a cryptocurrency only for it to become unsustainable. I tend to shy away from trying to create scams and things of that nature. That is not the type of person I am. The world has been quite vicious to everyone I might add though.
Best wishes to all.
If anyone here is a developer or interested in marketing and you would like to work together please contact me. I am very good at marketing when there is an actual product to market. I'm good at making sales through channels of platforms. When I have an actual product or service to sell. And for now I will be looking for services or products to create and sell. Or find and sell. Feel free to contact me if you'd like to work together.
Here's hoping for the best in these tough times.
What's with the Volume on this coin?
Looking at WLUNAUSD, the one thing that I'm seeing is that the Volume of trading on this coin seems to be exponentially greater than what it was when it was at even it's greatest value, or at any time before it crashed.
Is this basically vulture trading, looking to take advantage of the resulting volatility at the bottom here? Or is this some sort of accumulation? The volume spike happened maybe a day after this coin hit its theoretical bottom.
TGT: All levels of interestTGT (Target), consumer defensive play crashing on bad earnings and inflation concerns....
Weekly chart.
Now oversold. Can we go lower?
Here are the levels I'm watching to enter:
- 139.30: I'll be buying if we reach that level. If it holds it will be a long term investment for me. If it just bounces and drops, I'll be selling and looking for the next level.
- 90-82: is the second zone of interest I'm watching. If we reach this zone I'll buy stocks as a long term investment.
Trade safe.
Can Foot Locker Fill the Gap?Last week had a couple of days that will live in infamy for retailers like Walmart , Target and Ross Stores. But not Foot Locker.
The shoe retailer managed to beat earnings forecasts despite revenue missing. That suggests margins were strong and management handled inflationary pressures better than larger peers.
Prices briefly jumped above $32.50 after the report but soon retreated. That level is potentially important because it’s near the high following the sharp drop on February 25. Can prices now fill the gap to the upside?
Second, notice how FL is now trying to hold support at the 50-day simple moving average (SMA).
Third, a trendline along the recent highs could now be turning from resistance to support.
Fourth, the lows of February and May represented successful tests of the longer-term low of $26.58 from August 2020.
Finally, FL trades for less than 10 times earnings. That could make it potentially attractive to value investors.
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Fundamentally Good Multibagger Stocks To Invest (23/5/22)The Mentioned Stocks have the potential to become multi-baggers in a few years as they have good growth potential and good fundamentals. They are available at a cheaper valuation when compared to the market and their listed peers in their respective Sectors/Industries. It may be wise to distribute the investments into a number of stocks than a particular stock.
As most of these stocks are Small Caps/Micro Caps, they have great potential to provide returns and also offer higher risk. So it is a must to also invest in safer options like stable Largecaps/Midcaps and other instruments like Gold to bring stability to your portfolio. If you are a first time stock investor, make sure to also invest in safer stocks along with the above mentioned ones. Best Of Luck!
I have mentioned the Stocks, Their Sector, and Their Market Cap.
These Stocks were selected from portfolios of superstar investors. They were filtered using their-
EPS growth for the past 5 to 10 Years
Price/Earning Ratio
PEG Ratio
Debt Status
Price To Book Value
ROE%
ROCE%
Dividend Yield & Dividend Payout
Industry P/E, P/ BV
Comparison of Other Companies in Their Sector Or Industry.
Stocks in Green are good growing and fundamentally strong stocks.
Lincoln Pharma, Gravita India, Hinduja Global, Jindal Polyfilms.
Stocks in Yellow have less growth record but are fundamentally sound stocks.
Sharda Cropchem, Aarvi Encon, Vippy Spinpro, Sarda Energy.
This Stock in Red is a bit overvalued but cheaper in its sector and may offer good growth potential. But this is not a value stock and has higher risk involved.
Thejo Engineering.
Note:
These are my personal view and only for educational purposes, Not Responsible For P&L. DYOR Before Investing.
In Hot list !Refex is making very nice descending triangle pattern and trying to hit the high line .........soon it is going to break out !
*This idea is for learning motive only, if you want to trade then trade with your own risk, proper money and risk management. And always trade with a stop-loss.
S&P 500 - Is there about to be a massive market correction?I have a problem with that question. Everyone is asking it. Everyone is expecting it. Everyone is selling because somehow they know it’s coming. Well maybe, who knows. The sentiment is extreme fear both in stock markets and crypto. There’s blood on the streets, so that must mean more blood is coming? How can this be wrong? With every good bearish outlook there needs to be a bullish view. Without that balance we’re not being true to ourselves.
Have lost count the number of times I’ve heard or saw a video the stock market uptrend channel is now broken. Yet I’ve not read or seen a bullish case.
In my opinion, the market absolutely remains in a very bullish environment. The S&P 500 could be on the verge of ripping higher, a lot higher. To the 6000 area.
My reasons…
On the above 3-week chart price action has been testing the upper channel resistance for almost 11 years until its breakout last March. In my opinion, what we’re now seeing is a heathy market correction to backtest past resistance as support. Unfortunately we will not know the outcome of this until around mid-February, so expect volatility to remain on the high side until then.
That yellow line. It is the 21-week EMA. As support, it is intact. Look left, until it is broken price action is bullish. If you look closely you can see price action bounced strong from this EMA, exactly on past resistance. If this EMA is to continue as support then the worst of the correction is over with room only for another 2% at best.
The 5-day chart below is the SP500 divided by Gold. Who does that? I do. It has been an excellent leading indicator for identifying where value is sought. Every time the index/gold RSI dips below 40 on this pair it has marked an excellent time to get long exposure to the stock market. It does not matter if you time the bottom, look left. If you measure the gains after returning above 40, the gains always exceed the dip.
Good luck!
WW
USOIL (SHORT) 🔥🔥🔥USOIL ENTRY OPPORTUNITY
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Should you buy Futu Holdings Ltd stock? 💰💥We are not surprised by the recent downward movement, as the company reported a record net loss in the first quarter, and the U.S. is tightening regulations on Asian companies, which does not help matters.💥
The company has not performed well in the last three months, so the stock has lost more than 20% since the beginning of the quarter, and investors are concerned that this is the first time the company has made a mistake and is looking at an even bigger drop
We disagree with investors, we think that despite the poor results and a rather bearish share price, Futu Holdings Limited will manage to recover faster than anyone thinks.
Here's why we think so:
✅ FUTU has high-quality earnings.
✅ FUTU has become profitable over the past 5 years, with earnings growth of 76.2% per year.
✅ FUTU's earnings growth over the past year (112%) has outpaced the capital markets sector by 62.5%.
✅ FUTU has more cash than total debt.
✅ FUTU's debt to equity ratio has fallen from 139.5% to 51.6% over the past five years.
✅ FUTU's debt is well covered by cash flow from operations (55.5%).
✅ FUTU's management team is seasoned and experienced (average tenure of 5.2 years).
✅ Shareholders have not experienced significant dilution in the past year.
BTC Meta-Cycle Completion in SightIt's been a rocky (and likely stressful for those who are not properly hedged against negative BTC price movement) few months for crypto, but here's my take on the situation for BTC/USD
So there's some good news and bad news, and neutral news.
Bad news first : There's definitely more to go, we haven't completed the cycle just yet and smart money knows a better entry point is incoming.
Now the good news! The end of the cycle is in sight.
In neutral news: We can predict this cycle because we're almost completely done with it, but we have no indication of what the next cycle will bring. My belief is that it will be a generally bullish but highly volatile period as smart & big money enters near the bottom, shakes out retail, forms new local tops/bottoms, shakes out retail again, rinse, repeat, until we see a bullish confirmation (listed in point 3.)
Why do I think the bottom is not in?
1. Oscillators indicate a very strong continuing bear trend on 1D, 12H, 6H. It does appear to be slowing in momentum, but not price direction.
2. Money Flow Double Top: This indicates that traders were as interested in BTC @ $40k as they were at $35k. Although a drop in capital inflow (MFI) indicates retail traders are at the whim of market conditions (aka. continuation of trend to cycle completion) it also means there is a lack of capital to reverse the current trend. New capital at a bottom is a prerequisite for a reversal.
Cycle Completion: Cycle completion for any "mature" (blue-chip) asset generally occurs at the average closing price upon which the current meta-trend was realized (confirmation in Jan 2021 that close above 2017 ATH was "real", allowing capital to safely enter the market.
3. A trend reversal that continues to close up through $31k past $34k without closing below $31k during the time of that trend . Would a) invalidate the current projection, and b) provide confirmation that capital can safely enter the market for positive gains.
LUNA: The Story of a Hype!Maybe Luna was supposed to be here! The main channel was broken by the start of 2021 which I think was a hype and in other words, a bubble created in not only this coin but in a bunch of crypto assets. Now, these bubbles are bursting, that simple.