Twitter surprised on the last earning and gapped up over 15+% that day. I believe that this was the day that TWTR had turned the corner. The chart had been setting up for quite some time and the base that TWTR was building was growing. After the earnings report I wanted to see TWTR go sideways and hold some levels…
As you can see a couple days ago TWTR (Monday) lost the two most important levels of 36 and 35 since the earnings gap. The gap was filled and I thought that the boys may be puking the earnings gains. If
On 4hr chart, despite the bounce still maintain the opinion of limited upside and more toward downside to test the 6800 or even 6500 zone for the possible HS.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
Network Value to Transactions Ratio :115
Total marketcap :254
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Consumers make up 66% of the US GDP, so I pay close attention to the Retail Sector. The SPDR® S&P® Retail ETF, XRT seeks to provide exposure the retail segment of the S&P TMI, which comprises the following sub-industries: Apparel Retail, Automotive Retail, Computer & Electronic Retail, Department Stores, Drug Retail, Food Retailers, General Merchandise Stores, Hypermarkets & Super Centers, Internet & Direct Marketing Retail, and Specialty Stores.
The XRT, which tracks the biggest names in retail, is coming off its worst month in more than a decade after falling roughly 13% in May.But the sector showed some signs of life on
Principles are the foundation of our decision making. Having solid principles when it comes to investing is rather integral to success.
A few good Investing Principles
You have to be aggressive and defensive in investing
So what exactly does this mean? Basically, when the opportunity arises you must take big swings to make real money, but at the same time you need to make sure that if that swing misses it isn’t so big it knocks you out of the game.
You can never be more than 20% diversified within the same asset class
Easiest example – cryptocurrency. If you are only invested in crypto
ENG seen from the temporality of 1D we can observe as in the last touch in the parabola, the structure of sails entered in an inverted ascending wedge in which it has respected very well the support of the wedge provoking the recent push of 4 sails alcistas, the current sail is touching a triple resistance, this becomes a strong signal that we will have a correction, another important point to keep in mind in this image is to see how the price has claimed the support of the 6586, we should see that the price makes us a pullback
Despite the correction seems to be done, I am not satisfied at all on regards what we can see on the 4hour-chart of BTC/USD.Certainly, BTC bottomed around 7400 USD while I was expecting 7300 USD as a good entry point (see my post of 3 days ago) but the trading volume does not differ so much from the last days and even if we are upwards, this variable seems to be stagnant nowadays… You can see how different it was when we were seeing BTC growing on early May…
However, the Volume is one of the factors to take into account
Yesterday we discussed how bitcoin would likely retest the $7,500 support. I had my doubts this support would hold a second time, but bulls proved again they’re not out of the fight. We watched a textbook double bottom bounce as price rallied to about $8,000 before finding resistance. It’s currently trading around $7,950 on Coinbase. Daily volume is stagnant, suggesting traders are still taking a watch and wait approach.
In today’s video I analyze Bitcoin, EOS, ETH, LTC, BNB and XRP. We’ll discuss where prices might be heading next, key areas to watch, traps to avoid and so much more. I
As temperatures heat up so does the activity in the real estate market. People come out of the woodwork ranging from casual investors to people looking to buy or sell a home before the new school year.
Either way the market always has more hustle and bustle during the summertime and it is on us as investors to take advantage of that.
Yes, there may be more competition, but there are also more homes for sale as many wait till the spring to list.
Even for off-market deals, people don’t want to move during the winter and are more inclined to sell in