Hi there. Price is forming a continuation pattern to the upside. On lower time frame price has already made the first impulse and currently is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
First Fib - December 26, 2018 Lows to April 24, 2019 Highs
Second Fib - April 24, 2019 Highs to May 29, 2919 Lows
We can see a very clear neckline @ approx. $174.94. Assuming the width of the shoulders are perfectly symmetrical, we could see a break of the neckline within 28 days, however, Powell's rate cut decision will either accelerate/nullify this process..
Visa, Mastercard, PayPal and Uber are all backing Facebook’s new cryptocurrency, according to a new report.
The Wall Street Journal reported Thursday that the social media giant has signed on more than a dozen backers for its GlobalCoin cryptocurrency, a stablecoin that has been developed in secrecy for more than six months. Each of the new backers will invest...
There is no question that BERKSHIRE has been outstanding since it's listing in 1996 with a solid exponential growth over the years and no scandals or drama to drag the name on the ground, in fact the Wall Street big shoots call this Firm the company that always has cash to buy new companies. Just recently Mr Buffet unveiled that BERKSHIRE owned $861 Million Amazon...
Here's one that's "Benefit"ing from the bubble. Flat revenue, no growth in last 4 quarters, negative income yet trading at 7X Revenue. That's right, a P/S ratio twice as high as AMZN for a money losing company with no growth. Incredible.
I wouldn't short it though, institutional holding is 120%. It's a continuous short squeeze.
Just more proof we're in a...
Everything is converging for a STRONG bounce in the coming weeks. I dont see TSLA ever going below 180. In fact, I am a buyer at 200 just to be safe.
Technically, TESLA looks good. Oversold on the RSI. How long has TSLA ever been so oversold? Well, take a look. Almost never.
RSI is hinting at reversal as is the general chart trend.
Folks, I see so many "short" calls for Tesla on TradingView.
What is going on? Are we thinking this company is just going to have bigger and bigger dips (aka continue to low 100s?)
I certainly believe not.
There are enough (and more everyday) out there believing in the longterm of this company.
Chartwise/technical, we just had incredible bounce off 180...
SHOP has been on a tear since the crash in December last year, currently up 160% in the last six months. It’s easy enough to cry ‘bubble’ at a glance, especially when zooming out reveals a jaw-dropping 1600%+ return in the last 3 ½ years. The stock is experiencing growth that surpasses even AMZN, and in most ways appears to exhibit the same exponential increase in...
Chamath Palihatipiyah formulated it perfectly: People who bet against this company are incredibly short sighted. They don't see the bigger picture here.
Tesla is a company like Amazon in the early 2000s.
Tesla is like Bitcoin 8 years ago.
It is one of the companies with the greatest upside potential ever.
The shorters get caught up in all the FUD stories,...
Logging this before it gets removed from everywhere and vanishes forever.
100% guarentee if this was a "the future" tech stock they would have found enough fools to push the price up and let them survive at least another decade...
Blue Apron is a garbage unprofitable company with stupid ideas that launched an IPO in 2017 because they desperately needed money to...
My favorite trading indicator and the simplest I have seen having great accuracy with every cross
Buy: Blue line crosses above Green line
Sell: When Heikin Ashi turns red after the buy signal
This is my first post so keep in mind I am new!
The goal is not to scalp this stock but actually see some long term progression. We've been tracking this company and plan on actually seeing something come out of LGCY. Our goal here is to build a stable portfolio with some long term upside potential. Our group will hold this stock for a few quarters to see how things turn around.
The $TLRY price is trading around the support level, so it can be the good enter with low risk and the potential 30-40% reward.
Support ~ $33 - $41
Resistance ~ $72 - $77
Enter ~ $33 - $35
Stop Loss ~ $29
TP 1 ~ $50
TP 2 ~ $70 and higher per share.