Bitcoin broke below the $3,600 support (on Coinbase). It’s now testing the prior order block between $3,580 and $3,540. Should this break down decisively (4hr candel opening and closing below), I believe a drop to $3,400 will become likely. Looking at the 4 hour chart, we can see the 8, 21 and 55 day EMA’s…
Read on Trybe
Under Armour Inc. will report fourth-quarter financial results pre-market Tuesday. Analysts largely expect the quarterly report and the 2019 forecast to be inline with the forecasts provided at the company’s December 12th investor day in which they disappointed investors by forecasting low-single-digit-sales growth in North America over the next five years.
But that didn’t stop the stock from rising 17% in January, even received an upgrade from Goldman Sachs on January 22nd with a price target of $28. However, did the price rise to fast in too short of a span?
Analysts will be paying close attention to what Under Armour footwear sales and
Dash (Poloniex: DASHBTC) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Dash began a wave one advance in November 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in September 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Dash should be heading next towards the September 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the monthly chart, I believe Dash is currently in the red wave three (blue sub-wave
Has the American hustle died? That is what made this country great. Immigrants coming to create a land of better freedoms and opportunities.
However, after being settled as a country for some time now, you know post industrial revolution and now post tech revolution (the first one atleast) it seems we may not be falling into the land of the complacency.
Being on the grind is what made this country great. No one expected anything, they went out and got it themselves.
Nowadays it seems there is quite a bit of the former.
Like I Owe You Something?
This is just a random example and
Five days ago I spoke about unusual options activity in Mattel,
Unusual Options Activity In Mattel
In 2018, Mattel’s stock declined about 33% in 2018. However, investors are upbeat about the company in 2019. So upbeat that the Smart Money is buying up a tons of the February 8th, $12 – $13 strike call options before the company announces earnings on February 7th.
Well, the options are now worth 3X to 4X higher.
Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. The company’s U.S. and Canada segment markets and sells action figures, arts and crafts,
Ark (Bittrex: ARKBTC) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Ark began a wave one advance in March 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in September 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Ark should be heading next towards the September 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Ark aims to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly
The US market has made the significant rally that was expected off the lows. The target was always the 200 day MA for starters and last week this target was essentially reached. I did not think it would happen this fast and this straight of a line, but the market doesn’t care what I think.
We are now overbought on momentum and I believe THIS AREA is where the continuation of the trend will be decided. ‘‘Tis very possible to chop in between the 2650 and 2800 area for multiple weeks. I believe the best case for the bulls is some
The title kind of seems like an oxymoron. How can someone be both ambitious and lazy, wouldn’t one effectively cancel out the other?
Let me ask you something:
Do you consider yourself ambitious?
Do you consider yourself a hard worker?
Do those the two terms go hand and hand?
I contend they do not!
Ambitiously Lazy
Most people consider me ambitious, they also consider me to be a hard worker. They have this idea that I’m hustling all the time because I have the ambition to pursue multiple things.
This may have been true in my twenties, but in my late thirties – not so much!
“I’m too old
TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for. The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets
Commentary from this past week includes:
Nice set-up to short the Aussie Dollar on the 60 min chart.
Equity markets should be headed higher from here….this is the Dow futures I was looking at and the level I liked.
“W” pattern forming on
TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for. The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets
Commentary from this past week includes:
Nice set-up to short the Aussie Dollar on the 60 min chart.
Equity markets should be headed higher from here….this is the Dow futures I was looking at and the level I liked.
“W” pattern forming on
